Benefits at a Glance
With the CIBC Costco Mastercard, you’ll earn cash back on every dollar you spend on purchases (minus credits or returns). If you wanna know if this card if for you, check the info below!
Rewards everywhere with unlimited cash back!
There’s no limit to how much you can earn throughout the year. The amount of cash back you earn depends on the category that merchants use to classify your purchase. When you reach your annual spend in a category, you’ll continue to earn cash back at 1% for the remainder of the calendar year in that category.
Cash back gift certificates
In January, you’ll receive a cash back gift certificate for the cash back you earned throughout the previous year that you can redeem at Costco. Your gift certificate is redeemable only at Costco warehouses in Canada for almost anything in the warehouse. Awesome, right?
You’ll receive your cash back gift certificate with your January statement either digitally or in the mail. Track your cash back total earned from January to December each year through CIBC Online Banking or your CIBC Mobile Banking App and on your statement.
Your account must be open and in good standing, which means that it’s not pastdue, over the credit limit, or suspended and you must have an active Costco membership to be eligible for a cash back gift certificate. Eligibility is determined based on the status of your account and membership on December 31 each year.
More security with your CIBC Costco Mastercard
Repair or replacement coverage up to $1,000 for your personal mobile device such as your cell phone, smartphone or tablet in the event of loss, theft or accidental damage (drops, cracks or spills) for up to two years following purchase.
Also, you can enjoy added security and protection on your purchases. Your CIBC Costco credit card comes with Purchase Security at no additional cost to you. This means that most new items of personal property purchased with your card can be replaced, repaired, or you can be reimbursed if they are lost, stolen or damaged within 90 days of purchase. Plus, with Extended Warranty Insurance, you can extend the period of the original manufacturer’s warranty up to one additional year on most purchases.
Start to this world of benefits no with the CIBC Costco Mastercard
Apply now for your new credit card and start to earn on every purchase. Click the buttom below to know more and check all the step by step needed for the application.
