Question 1

How does the Costco credit card work?

Accepted Answer

The Costco credit card, the CIBC Costco Mastercard, is a co-branded card offered in partnership with CIBC. It serves as both a means of payment and a Costco membership card. Users receive discounts or points on purchases, sometimes with higher rates for Costco purchases or specific categories. The card may also include additional benefits such as insurance and protection. Like all credit cards, it requires monthly payments, and interest may accrue in the event of non-payment.

Question 2

How do I get a Costco credit card?

Accepted Answer

To obtain a Costco credit card, the CIBC Costco Mastercard, you must be a Costco member first. Once a member, visit the Costco website or your local warehouse to access credit card information. You'll need to fill out an application, often online, where your financial and personal information will be requested. After submission, CIBC, our financial institution partner, will perform a credit check. If you are approved, your card will be mailed to you. Be sure to read the terms and conditions before applying.

Question 3

Can I get a Costco credit card in a Costco store?

Accepted Answer

Yes, you can apply directly for the CIBC Costco Mastercard at any Costco warehouse.

Question 4

Does Costco accept Visa cards?

Accepted Answer

No, Costco Canada does not accept Visa credit cards (unlike in the U.S.). Only Mastercard credit cards are accepted at Costco Canada. However, you can use a Visa credit card on Costco Canada's online site: costco.ca.

Question 5

Which Costco credit card?

Accepted Answer

Only Mastercard credit cards are accepted at Costco Canada. On this page, you'll find the best credit cards for Costco in Canada.

Question 6

How do I pay at Costco?

Accepted Answer

Only Mastercard credit cards are accepted at Costco Canada. On this page, you'll find the best credit cards for Costco in Canada. You can also pay by debit card or cash.

Question 7

Can I use debit cards to pay at Costco?

Accepted Answer

Yes, you can use a debit card to pay at Costco. However, we recommend that you earn rewards with one of the best credit cards for Costco in Canada.

Question 8

How do I use a Costco gift voucher?

Accepted Answer

Costco gift certificates, often called "Cash Cards" or "Gift Certificates" depending on the region, are pre-loaded cards that you can use to purchase at Costco warehouses, on the Costco website, or buy gas at Costco gas stations. Here's how to use them: At the Costco warehouse, Simply present your gift card at checkout. The amount of your purchase will be deducted from the card balance. If the amount of your purchase exceeds the card balance, you will be required to pay the difference using another accepted payment method. On the Costco website: When finalizing your order, pay with a gift card or enter the details when prompted. As in the warehouse, if the purchase amount exceeds the gift card balance, you must provide another payment method to cover the difference. Costco service stations: Insert your gift card into the pump reader, just as you would with a credit or debit card. Follow the on-screen instructions. Notes: non-members can often use Costco gift certificates, making them a great way to try Costco without a membership. However, conditions may vary by region. Keep your gift card after a purchase until you're sure you don't need to return any items. Refunds for purchases made with gift certificates will generally be issued on the same gift card. Finally, to check the balance on your Costco gift card or if you encounter any problems, contact Costco Customer Service or check the balance online, if this option is available in your area.

Question 9

What are the three best World Elite Mastercard credit cards for Costco?

Accepted Answer

Here are the 3 best World Elite Mastercard credit cards for Costco: National Bank World Elite Mastercard® MBNA World Elite® Rewards Mastercard BMO Ascend World Elite Mastercard®* Mastercard®*.

Question 10

Which credit cards are accepted at Costco?

Accepted Answer

In Canada, only Mastercard credit cards are accepted at Costco warehouses. On the Costco.ca website, however, you can pay with a Mastercard or Visa credit card.

Question 11

How to buy at Costco without being a member?

Accepted Answer

To buy at Costco, you need to be a Costco member. However, there are some exceptions to this rule in certain countries. Here are some options for buying from Costco without being a member: Buy online: In some countries, such as Canada, it is possible to buy from the Costco website without being a member. However, certain restrictions may apply, such as additional fees for non-members. Buy with a gift card: If you have a Costco gift card, you can use it to shop at Costco without being a member. However, it is essential to note that gift cards have a limited value, and you will not be able to purchase items that cost more than the value of the gift card.

Question 12

How much does a Costco card cost?

Accepted Answer

The cost of a Costco card depends on your chosen card type. Basic membership cards are available for an annual fee, while premium membership cards may cost more. Here are typical costs for basic membership cards in different countries: In the U.S.: the basic annual Costco membership card costs $60 USD. In Canada: the basic Costco annual membership card costs $60 CAD. Executive membership costs $120. In France: the basic annual Costco membership card costs 36 €. In the United Kingdom: the basic annual Costco membership card costs £33.60. It is important to note that costs may vary depending on the region and the type of membership card you choose. Additional fees may also apply for premium membership cards. Before signing up for a Costco card, it is advisable to check the specific costs and benefits for your region.

Question 13

How do I pay for a CIBC Costco Card?

Accepted Answer

To pay for your CIBC Costco Card, you can use one of the following payment methods: Online payment: Log in to your CIBC Costco Credit Card online account and select the "Make a payment" option. You can then enter the amount you wish to pay and choose your bank account to make the payment. Automatic Payment: You can set up an automatic payment for your CIBC Costco Credit Card by selecting the "Automatic Payment" option in your online account. You can then select a monthly payment amount or your total credit card balance to be automatically debited from your bank account each month. Pay by phone: You can make a payment by phone by calling the customer service number on your CIBC Costco Credit Card and following the instructions to make a payment by phone. Payment in person: You can make a payment in person at any CIBC branch.

Question 14

How do I pay for a CIBC Costco Card?

Accepted Answer

To pay for your CIBC Costco Card, you can use one of the following payment methods: Online payment: Log in to your CIBC Costco Credit Card online account and select the "Make a payment" option. You can then enter the amount you wish to pay and choose your bank account to make the payment. Automatic Payment: You can set up an automatic payment for your CIBC Costco Credit Card by selecting the "Automatic Payment" option in your online account. You can then select a monthly payment amount or your total credit card balance to be automatically debited from your bank account each month. Pay by phone: You can make a payment by phone by calling the customer service number on your CIBC Costco Credit Card and following the instructions to make a payment by phone. Payment in person: You can make a payment in person at any CIBC branch.

Question 15

What is the best prepaid card for Costco?

Accepted Answer

The best prepaid card for Costco is the KOHO Extra Mastercard. With this prepaid card, you can earn 2% cash back on your Costco purchases. Find out more about the KOHO Mastercard prepaid card.