If you want a credit card that is ideal for avid shoppers and frequent Costco customers, the CIBC Costco Mastercard card is designed for you! It truly offers fantastic advantages tailored to shoppers. You can earn valuable rewards points on all your purchases, from daily necessities to special treats. These points, then, can be redeemed as a gift certificate to be spent on your next Costco purchase, making every buy even more rewarding!
On top of that, it has no annual fee and provides purchase protection and extended warranty, making your shopping experience even safer. So, if you often buy a variety of products from Costco, this card is perfect for you.
CashbackKey Features
- No Annual Fee;
- International Coverage;
- Earn 3% back at restaurants and on Costco gas;
- Earn 2% back at other gas stations and at Costco.ca;
- Earn 1% back on all other purchases, including at Costco;
- Trade your points with a Costco Gift Certificate that can be spent on Costco;
- The points do NOT expire;
- Mobile Device Insurance;
- Purchase Protection and Extended Warranty;
- Mastercard Zero Liability;
- Up To 3 Additional Cardholders Pay No Annual Fee;
- Send Money Abroad to Over 120 Countries with a $0 Transfer Fee.
Fees and Charges
- Interest Rate:
- Purchases: 20.75%
- Cash Advances: 22,99% Non-Quebec | 20,99% Quebec
- Balance Transfers: 22,99% Non-Quebec | 20,99% Quebec
- Foreign Transaction Fee: 2,5%
Why Should You Choose The CIBC Costco Mastercard Credit Card?
Overall, this card is made for frequent Costco shoppers looking to maximize their savings while enjoying additional perks and protections. It is a standout option for savvy shoppers, especiallly those who frequent Costco, once it offers compelling benefits that cater their customer base. First and foremost, cardholders enjoy up to 3% cashback.
One of the notable advantages is that there is no annual fee. This makes it an economical choice, especially when considering the potential savings on everyday expenses. Additionally, the card offers extended warranty protection and purchase security, adding peace of mind to your transactions. Another benefit is the added flexibility of Mastercard’s global acceptance, ensuring that you can use your card not only at Costco but also at a wide range of other retailers worldwide.
How To Apply To The CIBC Costco Mastercard Credit Card
In order to be eligible, you need to be at least the age of majority, a Canada resident, a Costco Member, and have a minimum annual income of $15,000. Here’s how to apply:
- Visit the Website: click on the button below to access the website. Then, click on the “Apply Now” option;
- Fill The Application Form: provide any personal and financial details requested and submit the form;
- Wait for Approval: after submitting, wait for approval.