CIBC Costco MasterCard is a credit card that is issued by CIBC (Canadian Imperial Bank of Commerce) and accepted at Costco locations.

If you have a CIBC Costco MasterCard, you’ll be able to enjoy the full benefits of the card, including discounts, free shipping, and exclusive offers.

This card is a great option for those who are interested in saving money and making purchases, but would like to avoid a large interest rate.

The CIBC Costco MasterCard also has an interest rate that is below the industry average, with a low transaction fee for each purchase, as well as a low annual fee. There are also no foreign transaction fees when you use the CIBC Costco MasterCard abroad.

This makes it a great card for international travel, as well as for those who live abroad.

Benefits of CIBC Costco MasterCard

Someone using the Costco MasterCard credit card

The CIBC Costco MasterCard is a credit card that can be used at Costco and its different branches to make purchases.

This is a great card if you are a Costco member, have a Costco membership, or are a frequent shopper at Costco. This blog will take a look at some of the benefits of this card.

No need to worry about annual fees

The CIBC Costco MasterCard is a credit card that is issued by CIBC to Costco members.

It is similar to the Costco American Express card, but it does not have the annual fee and it is accepted at Costco locations

There’s a 3% cashback on restaurants and Costco partnered gas stations

On top of the 3% cash back on purchases made at restaurants and Costco, Costco is also giving 2% cash back on purchases made at its partnering gas stations.

There is no annual fee on this CIBC Costco MasterCard and it comes average APR as compared to others.

Enjoy the low annual income required

CIBC Costco MasterCard is a credit card that offers low annual income required to qualify.

This means that you’ll only need to make a subset of your monthly income to be eligible for this great card.

CIBC Costco will help you save money on gas, merchandise, and travel. You’ll also be able to earn cash back on your purchases.

Provides mobile device insurance

CIBC Costco MasterCard provides mobile device insurance that covers loss, theft, accidental damage, water damage, damage caused by a natural disaster, and even mechanical failure of your phone.

Gives $20 as a welcome bonus with no required purchases

The CIBC Costco MasterCard offers a $20 welcome bonus with no required purchases.

This is a fantastic card to use if you are looking for a way to add rewards to your wallet without spending money on your card.

There are no annual fees, competitive foreign transaction fees, and no penalty interest rates. This is a great card for anyone who is looking for a card that offers rewards without costing them anything.

Card Application Requirements

To apply for the CIBC credit card, ensure you meet the following requirements:

  1. Age: Applicants must be at least 18 years old.
  2. Income: A minimum income is required; check the current criteria on the official website.
  3. Credit History: A good credit history enhances your chances of approval.
  4. Residency: Applicants should be residents of the United States.

How to Apply for the CIBC Costco MasterCard

Follow these steps to submit your application:

Visit the Official Website: Go to the CIBC Costco MasterCard page on the official website.

Navigate to Application: Find the application section and click on “Apply Now.”

Fill in Personal Information: Provide your personal details, including name, address, and social security number.

Employment and Income Information: Input your employment details and annual income.

Submit Supporting Documents: Upload any required documents to support your application.

Review and Submit: Double-check your information, agree to the terms, and submit your application.