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CIBC · Mastercard

CIBC Costco Business Mastercard

No annual fee Cash BackBusiness
3.6
★★★★☆

Solid value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on CIBC's own website.
Welcome value
$130
est. first-year value
Annual fee
$0
no yearly cost
Purchase interest
N/A
on carried balances
Rewards type
cashback
on eligible spend
3% value on gas & transit
Your top earn category
🎁
$130 welcome bonus
Estimated first-year value
No annual fee
$0 to keep the card
🛡️
2 insurance coverages
Built-in protection

Rewards

Base earn rate1% cash back on all other purchases
Welcome bonusEarn up to $130 in statement credits. After you apply and are approved, make your first purchase and enrol for eStatements within the first 90 days and you'll earn a $30 statement credit. Plus, you'll receive a $100 Welcome Bonus when you spend $3,000 or more within 120 days of opening your account.
Rewards typecashback

Fees & rates

Annual fee$0
Purchase interest rateN/A
Foreign transaction fee2.5% (typical)

Standout perks

Card serves as Costco membership card with membership details on back
Link your CIBC Costco Business Mastercard with your Skip account to get a Skip+ 12-month free trial. Plus, earn 3% cash back on all dining and food delivery, on top of your Skip+ savings and rewards.
12-month free trial
Set user spending limits - Create unique spending limits for purchases and cash advances for any Authorized Users
Access personalized support from business banking expert

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