CIBC Costco Mastercard

Costco's own no-fee Mastercard.

No annual feeCash backMastercard

Key Facts

Annual fee: $0 (Costco membership needed)
Restaurants and Costco gas: 3%
Other gas, EV charging, Costco.ca: 2%
Everything else, including Costco warehouses: 1%
Income needed: $15K personal

Facts checked November 2026. Rates and fees can change.

The CIBC Costco Mastercard in Short

The CIBC Costco Mastercard has no annual fee, but you need a Costco membership. It pays 3% at restaurants and Costco gas, 2% at other gas stations, EV charging and Costco.ca, and 1% on everything else, including in Costco warehouses.

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Questions

Does the CIBC Costco Mastercard have an annual fee?

No, it has no annual fee.

What income do I need for the CIBC Costco Mastercard?

$15K personal.

Can I use the CIBC Costco Mastercard at Costco?

Yes. Costco warehouses in Canada take Mastercard.

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