CIBC Costco Mastercard
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Total Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$0
Card Details
Annual Rewards
$347.33
First Year Bonus
$0
Annual Fee
$0
First Year Value
$347.33
Interest Rates
Cash Advance: 22.49%
Purchase: 20.75%
Annual Fee
$0
Annual Income
Personal: $15,000
Household: N/A
Credit Score
Good
Welcome Bonus
N/A
Card Type
Cash Back
Our Rating
3.4/5
Institution
CIBC
Rewards
- 3% cashback on Restaurants and CostcoGas
- 2% cashback on Costco.ca purchases (Max $160 yearly)
- 2% cashback on Gas (Max $100 yearly)
- 1% on everything else
CIBC Costco Mastercard Cash Back Calculator
Based on average spending
Rewards Ranking
Rewards Breakdown
Food and drinks, Groceries
$126
CostcoGas
$5.18
Gas
$39.74
All other purchases
$176.4
Net Annual Rewards
$347.33
Rewards Summary
Net Annual Rewards
$347.33
Welcome Bonus
$0
First Year Value
$347.33
Insurance & Benefits
Insurance
Coverage
Mobile Device Insurance
$1000
Purchase Protection
Up to 90 days
Extended Warranty
Up to a year
- • Mobile Device Insurance up to $1000
- • Purchase Protection Insurance up to 90 days
- • Extended Warranty Insurance up to a year
Pros & Cons
Pros
- Decent reward rate for a no annual fee credit card
- One of the highest cashback rates for restaurant purchases in Canada
- Has Mobile insurance
Cons
- Doesn't come with a lot of benefits
- Doesn't earn much on Costco Warehouse purchases!