CIBC Costco Business Mastercard
CIBC · MASTERCARD
The CIBC Costco Business Mastercard is a credit card from CIBC on the MASTERCARD network. It has an annual fee of C$0. It earns 3% on dining & restaurants.
Key facts
- Annual fee
- C$0
- Purchase APR
- 20.75%
- Network
- MASTERCARD
Reward rates by category
| Category | Rate | Detail |
|---|---|---|
| Dining & restaurants | 3% | 3% on costco gas and restaurants |
Benefits and perks
- The only business credit card exclusively for Costco members.
- 3% cash back at Costco gas and restaurants
- 2% cash back at Costcobusinesscentre.ca, at Costco.ca, on shipping, on insurance services, at other gas stations and at electric vehicle charging stations
- CIBC Pace It ™ Installment Plans: Special rates on eligible Costco purchases
Rates and fees
Annual membership fee: C$0. Purchase APR: 20.75%, based on creditworthiness and the Prime Rate.
Rates and fees as published by the issuer and recorded on 9 Sept 2026. See the issuer's terms for current rates. View the issuer's terms
Questions about the CIBC Costco Business Mastercard
What is the annual fee on the CIBC Costco Business Mastercard?
The CIBC Costco Business Mastercard has an annual fee of C$0.
What rewards does the CIBC Costco Business Mastercard earn?
The CIBC Costco Business Mastercard earns 3% on dining & restaurants.
Is the CIBC Costco Business Mastercard worth it?
The CIBC Costco Business Mastercard is worth it when the rewards you would earn on your own spending exceed its annual fee. Upload a statement to Woodo and the calculation runs against your real categories rather than an assumed budget.
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