Cash back card · CIBC
CIBC Costco Mastercard
CIBC · Mastercard · cash back
Below is every rate the CIBC Costco Mastercard earns, each one quoted from CIBC's own terms with the clause and the date we checked it. No annual fee to hold the card.
3%
Top rate
1%
Base rate
$0
Annual fee
2.5%
FX fee
Last updated Reviewed by
This card also earns a place on Verdict's best-of rankings for dining and gas.
Everything it earns
every rate quoted from CIBC's terms · annual fee shown separately, never netted3%
Diningverified Jul 8, 2026Read the clause
Verbatim clause from CIBC's terms
“Purchases at merchants classified in the credit card network as restaurants will earn 3%.”
Cap No cap
Read the source termsGasverified Jul 8, 2026Read the clause
Verbatim clause from CIBC's terms
“Earn 3% on purchases (less returns) at merchants classified in the credit card network as Costco gas stations within Canada ... on the first $5,000 net annual card purchases in this category on your account. After that ... will earn 1% in Cash Back Rewards.”
Cap $5,000 / yr
Read the source terms1%
Everything elseverified Jul 8, 2026
The everyday earn outside any bonus category, no cap
Annual fee
No annual fee to hold the card
$0
Foreign transaction fee
On purchases in a currency other than Canadian dollars
2.5%
How we verify
Every rate on this page is quoted from CIBC's current terms and dated the day we last checked it. When the terms change, the page regenerates. Reviewed by Spotted something off? or email us at
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