[CIBC] CIBC Costco Business Mastercard, $100 welcome bonus (spend $3000 in the 120 days)

1Earn 3% on purchases (less returns) at merchants classified in the credit card network as restaurants on the first $8,000 net annual card purchases in this category on your account. After that, net card purchases at all restaurants will earn 1% in Cash Back Rewards. 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 $8,000 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 and Costcobusinesscentre.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 and Costcobusinesscentre.ca will earn 1% in Cash Back Rewards. Earn 2% on purchases (less returns) classified in the credit card network as shipping and professional services (this refers to eligible insurance premiums, deductibles and claim amounts) on the first $8,000 net annual card purchases in this category on your account. After that, net card purchases at merchants classified in the credit card network as shipping and professional services, will earn 1% in Cash Back Rewards. The $8,000 limits 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.

2If an application for a CIBC Costco Business Card is submitted and approved, the Primary Cardholder will receive a $100 statement credit when $3,000 in net purchases are posted to the new credit card account within 120 days from the account open date. The following do not qualify as purchases for this offer: cash advances, interest, fees, balance transfers, payments or CIBC Convenience Cheques. Please allow up to 6 to 8 weeks after the final qualifying purchase has been posted to your new credit card account to receive the $100 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 be active. The Welcome Bonus is available only for newly opened CIBC Costco Business Mastercard accounts. Limit one Welcome Bonus per account. The Welcome Bonus is not transferable and is not redeemable for cash. This offer may be revoked if you appear to be manipulating or abusing it or are engaged in any suspicious or fraudulent activity, as determined by CIBC’s sole discretion.

3Your CIBC Costco credit card account must be in Good Standing on December 31 and the Primary Cardholder’s Costco membership must also be active on December 31 to be eligible to receive a Cash Back Gift Certificate for rewards earned in that year. Gift Certificates may not be used towards: purchases of alcoholic beverages, cigarettes or other tobacco-related products, purchases made outside a Costco warehouse front-end register, such as purchases at Costco’s gas stations, tire service centres, food courts, optical centres (Quebec only), pharmacies or purchases made online at costco.ca, certain services, including travel, auto and other services designated by Costco from time to time in its sole discretion, purchases where prohibited by applicable legal or regulatory restrictions or any other purchases as determined from time to time at Costco’s sole discretion

Statistics: Posted by Minimo07 — Jan 16th, 2025 8:34 pm