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What are the benefits of a Costco Mastercard?

Get even more cash back at Costco and everywhere else you shop with your new CIBC Costco® Mastercard®

  • 3% cash back at restaurants and at Costco gas2 Restaurants. Costco Gas.
  • 2% cash back at other gas stations and at Costco.ca. Other Gas. Costco.ca.
  • 1% cash back on all other purchases including at Costco. Purchases. Costco.

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Can a household member get a Costco credit card?

You can add a person to your household in your Account Details section, and they can pick up their card at the membership counter of your closest Costco. Is Costco membership free with credit card? While the card itself has no annual fee, cardholders must have a paid Costco membership, which start at $60 for Gold Star and Business levels, then doubles in price to $120 for Gold Star Executive and Business Executive members. If you're already a Costco member, this isn't really an added cost.

Is Costco credit card interest free?

The Costco Credit Card gives you a 23-day grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card's payment due date. You won't owe any interest as long as you pay your balance in full during that timeframe. Keeping this in consideration, can i use my costco mastercard anywhere? Yes, you can use a Costco Credit Card anywhere Visa is accepted, which is pretty much everywhere that takes credit cards. Because the Costco Credit Card works wherever Visa is accepted, you can use it at 10.7 million merchants' locations in the U.S. alone, as well as in more than 200 other countries and territories.

In respect to this, what is the interest rate on costco credit card?

15.24%
The Costco Credit Card APR is 15.24% (V). The V stands for variable – which means the rate is tied to an index, such as the prime rate that banks use to lend to their most creditworthy customers. As the market fluctuates and that rate changes, so will your card's interest rate. Regarding this, why does costco not accept mastercard? Costco does not allow its customers to use Mastercard credit to purchase from their stores because the wholesale chain has an exclusive deal with Mastercard's competitor Visa.

How much is it to add a third person to Costco membership?

Add additional cardholders (Affiliates) for $60 each per year at any time, which includes one household card per Affiliate. How many Costco cards can you have on one membership? A total of two people can be on a Gold Star Membership (either regular or Executive): one Primary Member and one free household member who is over 18 and lives at the same address.

Consequently, how much is it to add someone to your costco membership?

The annual cost is $60 per card (the additional Business Membership card plus one Household Member card, which can be assigned to anyone over 18 at the same address).

By Erica Kiper

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