Head to head
BMO CashBack Mastercard vs CIBC Costco Mastercard (Costco World Mastercard)
Fees, rates, rewards, and welcome offers side by side. Every figure links to the issuer's own page.
| Issuer | BMO | CIBC |
| Network | Mastercard | Mastercard World Mastercard |
| Annual fee | No fee | No fee |
| Purchase APR | 21.99% | 21.75% |
| Cash advance APR | 23.99% | 22.49% |
| FX fee | n/a | n/a |
| Welcome (est. value) | See offer | n/a |
| Top earn rate | 3% Groceries | 3% restaurants and Costco gas |
| Lounge visits | n/a | n/a |
| Min. income | n/a | $50,000 |
Frequently asked
- Is the BMO CashBack Mastercard or the CIBC Costco Mastercard (Costco World Mastercard) better?
- Neither is universally better. The BMO CashBack Mastercard charges a No fee annual fee at 21.99% purchase APR, while the CIBC Costco Mastercard (Costco World Mastercard) charges No fee at 21.75%. The right pick depends on how you spend and whether you carry a balance. Confirm all details on each issuer's page before applying.
- Where do these numbers come from?
- Every fee, rate, and offer here is pulled from the card issuer's own product and application pages, never an affiliate feed. Rates and offers change, so always verify on the official issuer page before you apply.
- Is this financial advice?
- No. This is an educational comparison to help you weigh two cards. It is not financial advice.
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