Illustration, not the actual card design.
CIBC · Cash back · Business card
CIBC Costco Mastercard Business
Annual fee
None
Welcome offer
Up to $100 back
Market
Canada · CAD
Biggest part of the offer: Spend $3,000 in your first 120 days.
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Year 1
$100
+$100 welcome bonus
+$0 yearly credits
−$0 fee
Year 2
$0
+$0 yearly credits
−$0 fee
Every year after
$0
+$0 yearly credits
−$0 fee
Plus 3 benefits with no fixed dollar value, like Mobile Device Insurance, Purchase Protection and Extended Warranty. Their worth depends on how you use the card, so they're not counted above. See them all
Estimated as of Oct 10, 2026. Assumes you're approved, qualify for the offer and meet its spending requirement. Points valued at up to 1¢ each, which is our assumption. Before everyday spending.
Welcome offer
Offer may end without notice. Only available for newly opened CIBC Costco Business Mastercard accounts, limit one welcome bonus per account. Your Costco membership must be active; applying requires a valid Costco membership, for the primary cardholder and any authorized users.
- 1Spend $3,000 in your first 120 days$100 backYear 1
Not guaranteed. Welcome offers and bonuses are at the card issuer's discretion, and can change or end at any time.
What it earns
Cash back, straight onto your statement.
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| Dining & Restaurants | 3% back | 3¢ |
| Costco Gas | 3% back | 3¢ |
| Gas & Fuel | 2% back | 2¢ |
| Shipping | 2% back | 2¢ |
| Costcobusinesscentre.ca | 2% back | 2¢ |
| Costco.ca | 2% back | 2¢ |
| Everything else | 1% back | 1¢ |
What else you get
Insurance
- Mobile Device Insurance
Phone or tablet lost, stolen or accidentally damaged, up to $1,000 per occurrence per person, for up to 2 years after purchase
- Purchase Protection
Loss, theft or damage to new items within 90 days of purchase; $60,000 maximum per cardholder across all CIBC cards
- Extended Warranty
Doubles the manufacturer's warranty, up to 1 extra year, on eligible new items bought with the card
Got this card? We'll tell you when to use it.
PointsMaxxing checks the store you're standing in and picks the card in your wallet that earns the most there.
Fine print
Card details are checked against public sources. Issuers change fees, offers and earn rates without notice, and the issuer's terms are the only ones that count, so check them before you apply. Approval, welcome offers and bonus points are at the issuer's discretion and aren't guaranteed. The values above are estimates based on our own point valuations and on assumptions about approval and spending, not a forecast of what you'll receive. This is general information, not financial advice, and it doesn't say whether this card suits you. We're not affiliated with or endorsed by CIBC. Card and program names belong to their owners.
Details last checked Oct 10, 2026.