Costco is considered a wholesale store and won’t qualify as a grocery store purchase for the additional points on other cards. Answer from DCASP500 on reddit.com
🌐
CIBC
cibc.com › en › personal-banking › credit-cards › all-credit-cards › costco-mastercard.html
Apply for the CIBC Costco Mastercard | CIBC
The CIBC Costco Mastercard earns cash back everywhere Mastercard is accepted, offers Mobile Device Insurance† and flexible installment plans‡.
🌐
CIBC
cibc.com › en › personal-banking › credit-cards › mastercards.html
Mastercards | CIBC
Earn up to 3% cash back everywhere Mastercard is acceptedThe CIBC Costco Mastercard is exclusively for Costco members.1
Discussions

Cibc Costco mastercard ? 1%. Why use it?
Costco is considered a wholesale store and won’t qualify as a grocery store purchase for the additional points on other cards. More on reddit.com
🌐 r/PersonalFinanceCanada
337
149
October 27, 2024
I have a Costco CIBC Mastercard on my Google Wallet can I include the back of the card as well ? - Google Wallet Community
Skip to main content · Google Wallet Help · Sign in · Google Help · Help Center · Community · Google Wallet · Terms of Service · Submit feedback · Send feedback on More on support.google.com
🌐 support.google.com
December 24, 2022
CIBC Costco MasterCard : Costco
To any existing CIBC clients who are thinking of applying for a CIBC Costco MasterCard: It’s my recommendation that you do so either through... More on old.reddit.com
🌐 r/Costco
is the CIBC Costco®† Mastercard good?
The CIBC Costco card is only good if you shop at Costco.ca , gas up at Costco a lot and have high restaurant spends, but if you want the best card to use at Costco warehouses, interestingly, it's the Rogers World Elite MasterCard instead as the Rogers WE MC pays out 1.5% CB instead of the 1% that the CIBC Costco card pays. More on reddit.com
🌐 r/PersonalFinanceCanada
41
5
February 23, 2023
People also ask

What will happen to my Capital One Costco Mastercard card?
If you were a cardholder of the Capital One Costco Mastercard, there’s no need to worry. Essentially, all eligible Capital One Costco cards should have been transferred to the new CIBC Costco Mastercard. Your CIBC card should have arrived before August 31, 2022.    Once your new CIBC card is activated, you (and any authorized users) will no longer be able to use the Capital One Costco Mastercard. All of your previous card details (like card number and PIN) will remain the same, as does your credit limit. 
🌐
ratehub.ca
ratehub.ca › blog › capital-one-costco-mastercard-the-best-costco-credit-card-alternatives
CIBC Costco Mastercard alternatives: The best Costco credit cards ...
Does Costco take Visa?

Unfortunately no. Canadians can pay for their Costco purchases using any Mastercard. 

Previously, the store had one branded credit card - the Capital One Costco Mastercard - but as of March 2022, that partnership ended and CIBC acquired the existing Canadian Capital One Costco Mastercard portfolio. The store now has the CIBC Costco Mastercard as its branded card. 

🌐
ratehub.ca
ratehub.ca › blog › capital-one-costco-mastercard-the-best-costco-credit-card-alternatives
CIBC Costco Mastercard alternatives: The best Costco credit cards ...
🌐
CIBC
cibconline.cibc.com
CIBC
You may also contact us at [email protected] if you feel that you have received this message in error · Please reference the following incident number so we may assist you with this error
🌐
Costco
costco.ca › home › cibc costco mastercard
CIBC Costco Mastercard
1 For the CIBC Costco Mastercard, earn 3% on purchases (less returns) at merchants classified in the credit card network as Costco gas stations within Canada and 2% on purchases (less returns) at merchants classified in the credit card network as gas merchants and electric vehicle charging with a merchant category code of MCC 5552 on the first $5,000 net annual card purchases in this category on your account.
Find elsewhere
🌐
CIBC
cibc.com › en › personal-banking › credit-cards › costco-cards.html
Personal and Business Costco Canada Credit Cards | CIBC
Find the right CIBC Costco Canada credit card for you, whether you’re looking for a personal or a business card. Earn cash back everywhere Mastercard is accepted.
🌐
Ratehub.ca
ratehub.ca › blog › capital-one-costco-mastercard-the-best-costco-credit-card-alternatives
CIBC Costco Mastercard alternatives: The best Costco credit cards in Canada
January 24, 2025 - That means you won’t earn any additional points or cash back when using your card at Costco, even if your card has groceries as a bonus category. In short: if you carry a Mastercard that offers 2% cash back on groceries and 1% on everything else, you’d net just 1% at Costco. The credit card Costco would prefer you to use is the CIBC Costco Mastercard or previously the Capital One Costco Mastercard.
🌐
CIBC
cibc.com › en › business › credit-cards › costco-mastercard-business.html
Apply for the CIBC Costco Business Mastercard | CIBC
Earn cash back on all your business purchases, everywhere Mastercard is accepted. Access valuable insurances†, flexible installment payment options‡ and more.
🌐
CIBC
cibc.com › content › dam › cibc-public-assets › personal-banking › credit-cards › all-credit-cards › costco › documents › cibc-costco-benefit-guide-en.pdf pdf
Welcome to your CIBC Costco Mastercard®
Thanks for choosing the CIBC Costco credit card, you’ve made the right choice. You can now earn cash back on purchases everywhere you shop where Mastercard
🌐
MoneySense
moneysense.ca › home › articles › cibc costco mastercard review: is it the best credit card for costco in canada?
CIBC Costco Mastercard review: Is it the best credit card for Costco in Canada? - MoneySense
September 4, 2025 - The CIBC Costco Mastercard is a no-fee cash back card (just like its predecessor, the Capital One Costco Mastercard). It offers 3% cash back at restaurants and Costco gas stations, 2% cash back at other gas stations—which is handy when you’re ...
🌐
CIBC
cibc.com › en › personal-banking › credit-cards › all-credit-cards › costco-mastercard › cash-back-gift-certificate.html
CIBC Costco Cash Back Gift Certificate | CIBC Costco Mastercard | CIBC
The CIBC Costco Mastercard earns cash back everywhere, and you’re rewarded with a Costco cash back gift certificate. Learn more about the Costco rewards.
🌐
Costco
costco.ca › home › new executive member offer
New Executive Member Offer | Costco
You can qualify for this offer when you apply for and are approved for a new CIBC Costco Mastercard or CIBC Costco World Mastercard (each, an “Eligible Personal Card”), or a new CIBC Costco Business Mastercard (an “Eligible Business Card”), on the same day as your purchase of a new Costco Executive Membership.
🌐
CIBC Centre
cibccentre.rsagroup.ca › cibc-costco-world-mastercard
CIBC Costco®† World Mastercard - cibccentre .rsagroup
If you finance all or any portion of the purchase price of your mobile device with your eligible CIBC card through a Canadian wireless service provider or a Canadian Buy Now Pay Later service provider, coverage begins on the date the first transaction related to the mobile device is charged to your CIBC card.
🌐
Torys LLP
torys.com › en › work › 2021 › 09 › 3fae5f0b-5d63-484e-a66e-f27b3b35dd64
CIBC becomes the exclusive credit card issuer for Costco Mastercards in Canada and acquires existing Costco Canadian credit card portfolio | Work | Torys LLP
March 3, 2022 - On September 2, 2021, CIBC announced that it signed a long-term agreement to become the exclusive issuer of Costco Mastercards in Canada and that it would also acquire the existing Canadian Costco credit card portfolio, with over C$3 billion in outstanding balances.
🌐
Newswire.ca
newswire.ca › news-releases › cibc-to-become-exclusive-credit-card-issuer-for-costco-mastercards-in-canada-and-acquire-existing-costco-canadian-credit-card-portfolio-839660736.html
CIBC to become exclusive credit card issuer for Costco Mastercards in Canada and acquire existing Costco Canadian credit card portfolio
September 2, 2021 - TORONTO, Sept. 2, 2021 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that it has signed a long-term agreement to become the exclusive issuer of Costco Mastercards in Canada, expected to start in early calendar year 2022.
🌐
FinlyWealth
finlywealth.com › credit-cards › reviews › cibc-costco-mastercard
CIBC Costco Mastercard Review: Full Details
December 17, 2024 - Get cashback and exclusive Costco member benefits with CIBC Costco Mastercard on everyday purchases.