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How to qualify for the Digital Costco Shop Card
Ensure you have an active Costco membership when you open a CIBC Smart Account as your first chequing account, and meet the following requirements for the account offer within 2 months.
- Set up recurring direct deposits of $500 or more per month from your employer, the government or your pension Learn about direct deposits. Opens in a dialog.
- Complete one of the following actions within the same calendar month:
- 2 recurring pre-authorized debits Learn about pre-authorized debits. Opens in a dialog.
- 2 online bill payments of $50 or more each
- 5 online Visa* Debit purchases Learn about Visa Debit purchases. Opens in a dialog.
Are you a newcomer, foreign worker or skilled trades apprentice?
Take advantage of our special offer by visiting a CIBC Banking Centre Opens a new window..
How to qualify for the Digital Costco Shop Card
- Ensure you have an active Costco membership when you open your first chequing account with either CIBC Smart™ Start or CIBC Smart™ for Students benefits
- Within 2 months of opening your first chequing account, make 5 Visa* Debit purchases online within the same calendar month Learn about Visa Debit purchases. Opens in a dialog.
You must be over the age of majority but under 25 to be eligible for the Costco banking offer with CIBC Smart Start. Learn about the age of majority in your province or territory. Opens in a dialog.
Students under 25
CIBC Smart Start
- No monthly fee on a CIBC Smart™ Accountⓘ until you turn 25
- Free unlimited Interac e-Transfer® transactionsⓘ
- Free unlimited debit and Visa Debit purchases, withdrawals and bill payments
- One free non-CIBC ATM withdrawal in Canada per monthⓘ
Get rewarded with this special offer
Take your Costco membership benefits further when you open an account with CIBC.
Students over 25
CIBC Smart for Students
- No monthly feeⓘ
- Free unlimited Interac e-Transfer transactionsⓘ
- Free unlimited debit and Visa Debit purchases, withdrawals and bill payments
- One free non-CIBC ATM withdrawal in Canada per monthⓘ
Ready to get started?
Take advantage of our special offer by visiting a CIBC Banking Centre.
How to qualify for the Digital Costco Shop Card
- Ensure you have an active Costco membership when you open your first chequing account with CIBC Smart Start benefits
- Within 2 months of opening your first chequing account with CIBC Smart Start, make 5 Visa* Debit purchases online within the same calendar month Learn about Visa Debit purchases. Opens in a dialog.
You must be over the age of majority but under 25 to be eligible for the Costco banking offer with CIBC Smart Start. Learn about the age of majority in your province or territory. Opens in a dialog.
Discover more benefits for Costco members
Credit card
CIBC Costco Mastercard®
Get more for your money with the CIBC Costco Mastercard. Earn cash back on eligible purchases at Costco and wherever Mastercard is accepted, including Costco online shopping.
Annual fee
Purchase interest rate
Cash interest rate
(non-Quebec residents)
(Quebec residents)
- 3% cash back at restaurants and Costco gasⓘ
- 2% cash back at other gas stations, electric vehicle charging stations and at Costco.ca Opens a new window.ⓘ
- CIBC Pace It™ Installment Plans with special rates on eligible Costco purchasesⓘ
Earn cash back on business expenses with the CIBC Costco Business Mastercard®.
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