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New Membership Offer

Better Together
Sign up as an Executive Member
& receive an online voucher for

$100 OFF

a $250 purchase on Costco.ca¹

View more details here
- Annual 2% Reward*
  
  Up to $1,250 on eligible Costco purchases, including alcohol and Costco Travel. Terms and Conditions Apply.
- Receive $10 Monthly Credit on Same-Day or Costco via Instacart on an eligible order of $150+ **
- Costco Services Discounts
  
  Additional benefits and discounts on select Costco services. Learn more
- Includes 2 membership cards^‡
Use promo code

COSTCO100

PLUS, Earn a $65 statement credit^††

When you apply for a CIBC Costco Mastercard or a CIBC Costco Business Mastercard on the same day. Terms & conditions apply. Learn more.
Best Value
Sign up as an Executive Member
& receive an online voucher for

$100 OFF

a $250 purchase on Costco.ca¹

View more details here
- Annual 2% Reward*
  
  Up to $1,250 on eligible Costco purchases, including alcohol and Costco Travel. Terms and Conditions Apply.
- Receive $10 Monthly Credit on Same-Day or Costco via Instacart on an eligible order of $150+ **
- Costco Services Discounts
  
  Additional benefits and discounts on select Costco services. Learn more
- Includes 2 membership cards^‡
Use promo code

COSTCO100
Everyday Value
Sign up as an Gold Star Member
& receive an online voucher for

$50 OFF

a $150 purchase on Costco.ca¹

View more details here
- Includes 2 membership cards^‡
Use promo code

COSTCO50

How it works

When paying for your membership on Costco.ca enter promo code at checkout.
You will receive an email from Costco that will include your membership number. Bring the email to the Membership Counter at any Costco location in Canada to pick up your membership card(s).
You will then receive an email within 2 to 4 business days with:
- One (1) Costco.ca online voucher to use towards your next online purchase.

Join Online Today

Earn cash back everywhere Mastercard is accepted^†

3% cash back at restaurants and at Costco gas. ^†
2% cash back at other gas stations, electric vehicle charging stations and at Costco.ca. ^†
1% cash back on all other purchases including at Costco.

Apply Now

Terms and Conditions

¹This offer is for new members or memberships that have been expired for 18 months or more. Offer expires December 20, 2026 and may not be combined with any other offers. The online voucher will be sent to the primary member's email address within 2 to 4 business days of successful completion of the signup process. The online voucher is valid until January 17, 2027. Only one (1) online voucher can be used per online transaction. Voucher will not be replaced if lost or stolen. Voucher amount will not be reissued if merchandise is returned. The online voucher is not valid in Costco locations, on Costcobusinesscentre.ca, on Ubereats.com/ca, on Instacart.ca, on Sameday.costco.ca, on memejour.costco.ca or on purchases of Costco Shop Cards, gift cards, certificates and tickets, travel, tires, membership, or membership renewals. Other items may be excluded from this offer from time to time as set out on their applicable product pages. Prices, specifications, availability and terms of offers subject to change without notice.

Additional Executive Membership Offer Details: Receive a $100 online voucher for your next purchase on Costco.ca when purchasing a new Executive Membership on Costco.ca or any Canadian location. The online voucher code must be used in one (1) single transaction greater than $250, before taxes, applicable fees and shipping, unless applicable fees and/or standard shipping are included in the quoted price.

Additional Gold Star Membership Offer Details: Receive a $50 online voucher for your next purchase on Costco.ca when purchasing a new Gold Star Membership on Costco.ca or any Canadian location. The online voucher code must be used in one (1) single transaction greater than $150, before taxes, applicable fees and shipping, unless applicable fees and/or standard shipping are included in the quoted price.

^††This offer is only for new Costco members or Costco memberships that have been expired for more than 18 months. Beginning January 13, 2025, you can qualify for this offer when you apply for and are approved for a new CIBC Costco Mastercard or CIBC Costco World Mastercard (each, an “Eligible Personal Card”), or a new CIBC Costco Business Mastercard (an “Eligible Business Card”), on the same day as your purchase of a new Costco Executive Membership. Eligible Personal Cards and Eligible Business Cards are all considered “Eligible Cards” for the purposes of this offer. Membership upgrades, or the purchase of a new Costco Executive Memberships by an existing Costco member, do not qualify for this offer.

You will receive a $65 statement credit after $65 in net purchases are posted to your new credit card account. The $65 in net purchases must be made within the first 120 days from when your new credit card account is opened. The following do not qualify as purchases for this offer: cash advances, CIBC Global Money Transfers™, interest, fees, balance transfers, payments or CIBC Convenience Cheques. Please allow up to 6-8 weeks after the final qualifying purchase has posted to your new credit card account to receive the $65 statement credit. Your new credit card account must be open and in good standing at the time the statement credit is awarded and your Costco Membership must remain active.

Offer applies to newly approved Eligible Card accounts only. Product changes from an existing CIBC credit card to an Eligible Card are excluded from this offer. This offer does apply where you transfer from one Eligible Card to another Eligible Card (e.g. from a new CIBC Costco Mastercard to a new CIBC Costco World Mastercard) and all other terms and conditions are still met. Limit of one statement credit per Eligible Card. If you apply for and are approved for both an Eligible Personal Card and an Eligible Business Card on the same day as your purchase of a new Costco Executive Membership, you can receive one $65 statement credit per Eligible Card provided that all the terms and conditions are met in respect of each Eligible Card. This offer is not transferable and is not redeemable for cash. This offer may be withdrawn or changed without prior notice at any time. Any appearance of manipulation, abuse, or suspicious or fraudulent activity related to this offer, as determined by CIBC in its sole discretion, may result in this offer being revoked.

^†Earn 3% on purchases (less returns) at merchants classified in the credit card network as Costco gas stations within Canada and 2% on purchases (less returns) at merchants classified in the credit card network as gas merchants and electric vehicle charging with a merchant category code of MCC 5552 on the first $5,000 net annual card purchases in this category on your account. After that, net card purchases at all gas merchants, including Costco, and electric vehicle charging with a merchant category code of MCC 5552 will earn 1% in Cash Back Rewards. Earn 2% on purchases (less returns) classified in the credit card network as Costco.ca purchases on the first $8,000 net annual card purchases in this category on your account. After that, net card purchases at Costco.ca will earn 1% in Cash Back Rewards. Purchases at merchants classified in the credit card network as restaurants will earn 3% and all other qualifying purchases will earn 1% in Cash Back Rewards. The $5,000 and $8,000 limit will reset to zero annually on January 1. Cash Back Rewards will be provided in the form of a Cash Back Gift Certificate issued in Canadian dollars to an eligible Primary Cardholder once per calendar year in January for the cash back earned in the prior calendar year. The Cash Back Gift Certificate can be redeemed for purchases at any Canadian Costco Wholesale warehouse location. Authorized Users on the Account are not issued and cannot redeem Cash Back Gift Certificates. For the full Rewards Program terms and conditions, please see the Benefits Guide (PDF, 1.2 MB).

*Annual 2% Reward on most annual Costco purchases – up to a maximum of $1,250. Non-negotiable, not accepted as payment on Costco credit card accounts. Must be a current member to redeem. Not replaceable if lost or stolen. Redeemable only at Costco locations in Canada. See annual 2% Reward terms and conditions for a complete list of exclusions.

**Valid Costco Executive member card holders will receive one (1) $10 CAD instant credit each month for use on SameDay.Costco.ca or on instacart.ca/costco-canada on one (1) purchase of $150 CAD or more of eligible products, subject to availability. Credit has no cash value and is non-transferable. Void where restricted or prohibited by law. Instacart and/or Costco reserves the right to modify or cancel this offer at any time. For complete terms and conditions, including list of ineligible products, visit www.costco.ca/executive-rewards.html.

‡Primary and Affiliate Members receive one free Household Card for anyone over the age of 16 and living at the same address.

COSTCO and COSTCO WHOLESALE are trademarks owned by Price Costco International Inc. and are used under licence.

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New Membership Offer

Better Together

Best Value

Everyday Value

How it works

Earn cash back everywhere Mastercard is accepted†

Terms and Conditions

Earn cash back everywhere Mastercard is accepted^†