Rewards
Base earn rate1% cash back on all other purchases
Welcome bonusJoin and earn a $100 Welcome Bonus. You'll receive a $100 statement credit when $3,000 or more is spent within 120 days from the day your account was opened.
Rewards typecashback
Fees & rates
Annual fee$0
Additional card$0
Purchase interest rateN/A
Foreign transaction fee2.5% (typical)
Standout perks
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Card serves as Costco membership card with membership details on the back
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Link your CIBC Costco Business Mastercard with your Skip account to get a free Skip+ membership
free Skip+ membership
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Earn 3% cash back on all dining and food delivery with Skip+ on top of Skip+ savings and rewards
3% cash back on dining and food delivery
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Set unique spending limits for purchases and cash advances for any Authorized Users
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Access to personalized support from business banking expert
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Special rates with CIBC Pace It low-rate Installment Plans on eligible Costco purchases
5.99% for 6 months, 6.99% for 12 months, 7.99% for 24 months
Everyday features
📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security
Insurance coverage
🛡️
mobile device
Included — see issuer for details.
🛡️
purchase protection
Included — see issuer for details.
Eligibility
Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident