Skip to content
CIBCWorld Mastercard
••••••••••••9920

CIBC Costco Mastercard (Costco World Mastercard)

MASTERCARD

Cash back on everyday spending

CIBC Costco Mastercard (Costco World Mastercard)

Annual fee No feePurchase APR 21.75%

Why get this card

  • No annual fee
  • Earn 3% on restaurants and costco gas

Earn rates

  • restaurants and Costco gas3%
  • other gas stations, EV charging stations, and Costco.ca2%
  • all other purchases including at Costco1%

Welcome offer

No welcome offer captured.

Fees

Annual fee
No fee
Additional card
No fee
Foreign transaction fee

$0 annual fee; $0 for up to 3 additional cardholders

Interest rates

Purchase APR
21.75%
Cash advance APR
22.49%
Balance transfer APR
Grace period
Rate effective date

Benefits & insurance

Lounge access
Insurance coverages
1
  • purchase and travel insurance

Redemption & eligibility

Reward currency
Cash Back
Redemption options
annual cash back certificate redeemable at Costco warehouses
Transfer partners
Min. personal income
$50,000
Min. household income
$80,000

Minimum $50,000 individual annual income or $80,000 household annual income

Compare with similar cards

Frequently asked

Is the CIBC Costco Mastercard (Costco World Mastercard) worth it?
It carries a No fee annual fee. No annual fee. Compare it against similar cards below before deciding.
What is the annual fee and interest rate on the CIBC Costco Mastercard (Costco World Mastercard)?
The annual fee is No fee. The purchase interest rate is 21.75% and the cash advance rate is 22.49%. These are sourced from CIBC's official page.
What rewards does the CIBC Costco Mastercard (Costco World Mastercard) earn?
It earns up to 3% on restaurants and costco gas, in Cash Back. See the full earn-rate breakdown above.
What income do I need for the CIBC Costco Mastercard (Costco World Mastercard)?
CIBC lists a minimum personal income of $50,000 or household income of $80,000.

Official sources

Every figure on this page comes from CIBC's own pages. Last checked 2026-06-13.