CIBC logo and Costco logo.

Members get more™

Special offers

Find the banking offer that's right for you

Get $450 plus a $100 Digital Costco Shop Card when you open your first CIBC Smart™ Account  

CIBC Advantage Debit Card and Digital Costco Shop Card.
CIBC Advantage Debit Card and Digital Costco Shop Card.

CIBC Smart Account features

Flexible monthly fee

  • Pay less, if you bank less, 
  • Maintain a daily balance of $4,000 or more and pay no monthly fee 
  • No fee for Interac e-Transfer® transactions 
  • One free non-CIBC ATM withdrawal per month in Canada

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.

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..

Get $125 plus a $100 Digital Costco Shop Card when you open your first chequing account with CIBC   

CIBC Advantage Debit Card and Digital Costco Shop Card.
CIBC Advantage Debit Card and Digital Costco Shop Card.

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.

Get $125 plus a $100 Digital Costco Shop Card when you open your first chequing account with CIBC Smart™ Start   

CIBC Advantage Debit Card and Digital Costco Shop Card.
CIBC Advantage Debit Card and Digital Costco Shop Card.

CIBC Smart Start features

  • 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 

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

CIBC Costco Mastercard.

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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