Costco Canada exclusively accepts Mastercard-branded credit cards for in-store purchases at its warehouses and gas stations, including Costco.ca. The only Visa cards accepted are the Costco-branded Citi Costco Visa, which works internationally, including in Canada. Non-Branded Visa cards are not accepted in-store, though they may be used online at Costco.ca. The CIBC Costco Mastercard is the primary credit card offered by Costco Canada, providing up to 3% cash back at restaurants and Costco gas stations, 2% at other gas stations and Costco.ca, and 1% on all other purchases. This card is available with no annual fee and is designed specifically for Costco members, redeeming rewards annually as a Costco gift certificate. Other Mastercard options such as the Rogers World Elite Mastercard, BMO CashBack World Elite Mastercard, and President’s Choice Financial World Elite Mastercard also offer cash back or points on Costco purchases, with varying annual fees and reward structures.
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 ...
CIBC
cibc.com › en › personal-banking › credit-cards › all-credit-cards › costco-mastercard.html
Apply for the CIBC Costco Mastercard | CIBC
cash back at other gas stations, electric vehicle charging stations and at Costco.ca Opens a new window..ⓘ ... Winner of the Top Retail Loyalty Rewards Credit Card for 2024ⓘ and 2025ⓘ by Rewards Canada.
Does Costco Accept Visa or Amex in Canada?
Costco only accepts Visa online at Costco.ca and does not accept American Express. Costco’s partnership with American Express expired in December 2014.
forbes.com
forbes.com › advisor › ca › credit-cards › what-credit-cards-does-costco-accept
Which Credit Cards Does Costco Accept In Canada? – Forbes Advisor ...
Why is Mastercard the only credit card Costco accepts?
Costco has an exclusive partnership with Mastercard in Canada, which means it charges lower transaction fees for Mastercard transactions. This allows Costco to keep the price of goods sold lower because it doesn’t have to pass on the higher transaction fees.
forbes.com
forbes.com › advisor › ca › credit-cards › what-credit-cards-does-costco-accept
Which Credit Cards Does Costco Accept In Canada? – Forbes Advisor ...
Does Costco offer financing?
Costco does not offer financing beyond the Pace It installment program on the CIBC Costco Mastercard and other CIBC Mastercards. Pace It allows you to split eligible credit card purchases over $100 into six, 12 or 24-month installments and pay for them at a lower interest rate than the APR that generally comes with that credit card for standard purchases.
forbes.com
forbes.com › advisor › ca › credit-cards › what-credit-cards-does-costco-accept
Which Credit Cards Does Costco Accept In Canada? – Forbes Advisor ...
Videos
05:55
ACTUALLY ANY GOOD? - CIBC Costco Mastercard Review - YouTube
Why the CIBC Costco Mastercard is the PERFECT CARD! - YouTube
BEST Canadian Credit Cards for COSTCO! - YouTube
16:58
The best Mastercards to use at Costco - YouTube
07:52
CIBC Costco Mastercard Review - Cashback Credit Card Canada 2022 ...
Reddit
reddit.com › r/costco › psa: costco in canada only accepts mastercard (not visa)
r/Costco on Reddit: PSA: Costco in Canada only accepts MasterCard (not Visa)
May 25, 2025 -
On vacation in Banff and Jasper and was picking up food yesterday at the Costco in Calgary. Was paying for groceries and realized they wouldn't accept our Citi Costco card or any of our Chase cards with no foreign transactions fees. People in line understandably were starting to get impatient. Luckily had my Ally Debit card saved on my phone.
Maybe this is widely known but just wanted to let people know.
EDIT: based on comments, sounds like Costco Canada (and other international Costcos) does accept Visa Citi Costco CC but not any other visa cards. Possibly have to use a chip card reader and not tap to pay.
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Unless it has changed, Costco Citi Visa is the only Visa credit card that is accepted in canada. Likely a misinformed employee.
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Costco worldwide accepts any Costco branded credit card, even if it is a different network than what is usually used within that country. I have used my US Costco Visa plenty of times at Canadian warehouses (amongst others) with zero issues.
Any credit card that is good for Costco specifically?
Rogers mastercard (if you are rogers/fido) gives 2% and 3% if you claim on rogers services Desjardins world elite MC (1.5%) but 130$ annual fee Bmo air miles Or the amex cobalt/scotia amex gold trick buying prepaid cards at groceries for 5-6x multiplier then buying costco gift cards with it. Lot more work involved but you still come off on top in rewards More on reddit.com
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February 6, 2025Using credit visa with google pay in costco canada
No, Google Pay is just a way of presenting a card. If a certain card doesn't work, then Google Pay won't change that. More on reddit.com
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January 4, 2022Cibc 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
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October 27, 2024PSA: Costco in Canada only accepts MasterCard (not Visa)
Unless it has changed, Costco Citi Visa is the only Visa credit card that is accepted in canada. Likely a misinformed employee. More on reddit.com
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May 25, 2025CIBC
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.
Costco
costco.ca › home › new executive member offer
New Executive Member Offer | Costco
Eligible Personal Cards and Eligible Business Cards are all considered “Eligible Cards” for the purposes of this offer. Membership upgrades, or the purchase of a new Costco Executive Memberships by an existing Costco member, do not qualify for this offer. You will receive a $60 statement credit ...
Forbes Advisor
forbes.com › advisor › ca › credit-cards › what-credit-cards-does-costco-accept
Which Credit Cards Does Costco Accept In Canada? – Forbes Advisor Canada
February 10, 2025 - We’ll also provide a deep dive into whether the one Costco-branded credit card available in Canada—the CIBC Costco Mastercard—gives you an advantage when shopping at Costco over cards that don’t carry the Costco name.
Costco
costco.ca › home › costco credit card change
Costco credit card change
Here’s what to expect between now and March 4: ● Members can continue to use their cards at Costco and wherever else they shop. Cardholders will continue to earn cash back on eligible purchases. ● Members who have an eligible Capital One Costco Mastercard will automatically receive new ...
Costco
customerservice.costco.com › app › answers › answer_view › a_id › 719 › ~ › what-payment-methods-are-accepted-at-costco
What payment methods are accepted at Costco?
5 days ago - FSA/HSA Visa or MasterCard Debit cards are accepted at Pharmacies, Optical and Hearing Aid Departments
KOHO
koho.ca › credit-cards › what-credit-cards-does-costco-canada-accept
What Credit Cards Does Costco Canada Accept? | KOHO
November 27, 2025 - Looking to spread out payments on a big Costco purchase? Your only option is the CIBC Costco Mastercard with its CIBC Pace It feature. ... You can shop at Costco without a membership by using a Costco Shop Card (their version of a gift card).
Costco
costco.ca › home › 404 - product not found
Costco Shop Card | Costco
Costco members can reload / increase the Physical Costco Shop Card balance at a Costco warehouse in Canada Digital Costco Shop Card
FinTech Futures
fintechfutures.com › home › paytech
CIBC acquires Costco’s Canadian credit card portfolio
February 10, 2025 - The new CIBC Costco Mastercard will reward Canadian Costco shoppers and serve as the Costco membership card. It will also be accepted by merchants worldwide. CIBC says the move forms part of a strategy to grow its Canadian consumer franchise, ...
Spring Financial
springfinancial.ca › home › are the costco credit cards worth it?
Are the Costco Credit Cards Worth it? - Spring Financial
June 27, 2025 - Just because Costco has partnered with CIBC, that doesn’t mean you can’t use other rewards cards. That said, though, they do have a partnership with Mastercard. This means that you cannot use American Express or Visa cards at Costco in Canada...
FinlyWealth
finlywealth.com › credit-cards › cibc-costco-mastercard
CIBC Costco Mastercard Review
The CIBC Costco Mastercard offers ... in Canada, making it an excellent choice for optimizing rewards in this specific category, especially since it has no annual fees. If you use Costco Gas or shop on Costco Online, there is a decent cashback ...
Reddit
reddit.com › r/personalfinancecanada › any credit card that is good for costco specifically?
r/PersonalFinanceCanada on Reddit: Any credit card that is good for Costco specifically?
February 6, 2025 -
As Costco is classified as a wholesale store by Mastercard and they also only accept Mastercard, the only card I've found that specifically gets a multiplier at Costco is BMO's Air Miles cards. However, this forces you to collect Air Miles which is kind of dead and not ideal... anyone know of any other card that fits that niche? I do the majority of my grocery shopping there and the actual CIBC Costco Mastercard is just a basic 1% for in-store. Thanks!
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Rogers mastercard (if you are rogers/fido) gives 2% and 3% if you claim on rogers services Desjardins world elite MC (1.5%) but 130$ annual fee Bmo air miles Or the amex cobalt/scotia amex gold trick buying prepaid cards at groceries for 5-6x multiplier then buying costco gift cards with it. Lot more work involved but you still come off on top in rewards
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Rogers Mastercard WE, no fee and you’ll get 1.5% cash back since you aren’t Rogers/Fido customer.
Financial Post
financialpost.com › fp-finance › banking › cibc-to-take-over-costco-credit-card-business-in-canada-with-more-than-3-billion-in-outstanding-balances
CIBC strikes deal to take over Costco credit card business in Canada | Financial Post
September 2, 2021 - CIBC is to become exclusive issuer of Coscto Mastercards in Canada next year. Photo by Ashley Fraser/Postmedia ... Canadian Imperial Bank of Commerce and big-box retailer Costco have launched a long-term agreement that makes CIBC the exclusive ...
Forbes Advisor
forbes.com › advisor › ca › credit-cards › reviews › cibc-costco-mastercard
CIBC Costco Mastercard Review – Forbes Advisor Canada
2 weeks ago - The CIBC Costco Mastercard is a no-annual-fee credit card that’s exclusively for Costco members. This card rewards you with up to 3% cash back at restaurants and Costco Gas stations, 2% cash back at other gas stations and at Costco.ca and ...
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 - Like many discount retailers with its size and power, Costco only accepts credit cards with the Mastercard badge. That immediately excludes some of the best credit cards in Canada that happen to be issued by American Express or Visa, like the ...
Loans Canada
loanscanada.ca › credit › best-mastercards-to-shop-at-costco
What Credit Cards Does Costco Canada Accept 2026?
March 11, 2025 - Note: Want to cancel your credit card for a new one? Make sure you know the consequences click here. Costco recently announced that it would partner with CIBC to offer Costo Mastercards to members in Canada.
CIBC Centre
cibccentre.rsagroup.ca › cibc-costco-mastercard
CIBC Costco®† Mastercard - cibccentre .rsagroup
This extension is up to a maximum of one additional full year (two additional years for the CIBC Aeroplan® Visa Infinite Privilege* Card and the CIBC Aventura® Visa Infinite Privilege* Card), commencing at the expiry of the original manufacturer’s warranty term.
Costco
costco.com › home › benefits costco anywhere visa
Benefits Costco Anywhere Visa
With your paid Costco membership, there’s no annual fee for the card.* See pricing and more information.