These credit cards are among the best Mastercard credit cards for Costco in Canada! Please note that no credit card considers Costco as a grocery store.
Here’s a summary of the earning rate at Costco for the best Costco credit cards in Canada:
Here is a table summarizing the different offers. For more details, read on or click on the name of a card.
The Rogers Red Mastercard® is one of the best no-annual-fee credit cards in Canada, especially for Rogers, Fido or Shaw customers.
Right now, you can earn $60 cash back by making one purchase with your mobile wallet in the first 90 days AND 6 automatic payments from your Rogers, Fido or Shaw postpaid service in the first 8 months.
With the Rogers Red Mastercard®, by having a single qualifying service with Rogers, Fido or Shaw, you can earn 2% unlimited cash back on all your purchases. Eligible services include :
This card is now also available to Quebec residents with a mobile service with Rogers or Fido!
Plus, you get 1.5x more cash back on Rogers, Fido and Shaw purchases – that’s a 3% cash back value.
Plus, as a Rogers Red Mastercard® cardholder, you’ll get 5 days’ free access to Everywhere at Home, every year, on Rogers mobile plans (a value of up to $75).
If you’re not a Rogers, Fido or Shaw customer, you’ll earn 2% cash back on U.S. dollar purchases and 1% unlimited cash back on all other purchases.
The Rogers Red World Elite® Mastercard® is one of the best no-annual-fee cash-back credit cards in Canada.
With the Rogers Red World Elite Mastercard, you get 2% cash back on all purchases (including at Costco) if you are an eligible Rogers, Fido or Shaw customer.
Alternatively, earn 1.5% unlimited cash back on all eligible purchases in currencies other than U.S. dollars.
Receive 3% cash back on all purchases in U.S. dollars (this credit card is therefore particularly suitable for snowbirds) and 50% more cash back every time you redeem for Rogers, Fido or Shaw purchases.
What’s more, Rogers customers have 5 days’ free access to Roam Like Home roaming plan when they travel (a value of up to $75).
As the Rogers Red World Elite Mastercard is a World Elite Mastercard, you benefit from a complimentary Mastercard Travel Pass (offered by DragonPass) giving access to over 1,300 airport lounges worldwide (US$32 per person per visit).
Finally, you’re protected by a wide range of insurance coverages, such as :
With this exclusive offer for the BMO® AIR MILES® World Elite Mastercard®*, you earn 3,000 Miles after $3,000 in card purchases, that’s a $315 cash value.
Besides, the annual fee is waived in the first year!
With this card, you earn 3 miles for every $12 spent at participating AIR MILES Partners. Then, earn 2 miles for every $12 in purchases at any eligible grocery store and wholesale club (warehouse like Costco) or alcohol retailer (SAQ, LCBO, etc.). Everywhere else, you’ll earn 1 AIR MILES mile for every $12 in purchases, including Walmart.
And it’s the only AIR MILES credit card in Canada to offer a 25% discount on one worldwide AIR MILES flight redemption during the calendar year
The BMO® AIR MILES® World Elite®* Mastercard®* card also offers:
The National Bank World Elite Mastercard® is NBC’s best Mastercard credit card.
Until August 15, 2024, receive up to 40,000 reward points in your first year with our welcome offer, broken down as follows:
With this card, you earn up to 5 points per dollar on your purchases:
And since it’s a National Bank Mastercard credit card, you can use it at Costco.
With this card, you have access to a $150 annual travel credit that you can use in any of these categories:
In addition, you can enjoy access to DragonPass airport lounges and free Wi-Fi with Boingo. And unlimited access to the National Bank Lounge at Montreal-Trudeau.
Finally, Milesopedia voted the National Bank World Elite Mastercard® the Best Travel Credit Card and the Best Credit Card for Insurance in 2023 and 2024.
Special Offer:
The features of the KOHO Extra Prepaid Mastercard (formerly known as the KOHO Premium Prepaid Mastercard) are as follows:
With the RBC Cash Back Preferred World Elite Mastercard, earn 1.5% cash back on all your purchases. Costco included. And this, without any annual limit!
In addition, you get several benefits such as:
Finally, the RBC Cash Back Preferred World Elite Mastercard is ideal for protecting your purchases. You get:
With the MBNA Rewards World Elite® Mastercard®, you can earn 5 points per dollar of purchases for:
Everywhere else, you will get 1 point per dollar.
Enough to make the MBNA Rewards World Elite® Mastercard® the best MBNA credit card for restaurants, groceries, digital media, subscriptions and household utilities.
Knowing that Mastercard recognizes Walmart Supercenters as grocery stores, this is the best credit card for Walmart customers!
Plus, depending on your province of residence, you’ll get a welcome bonus of between 20,000 and 30,000 points, a value of $200 to $300!
And each year, you will receive Birthday Bonus Points equal to 10% of the total number of Points the Account earned in the 12 months before the month of your birthday, to a maximum Birthday Bonus each year of 15,000 Points.
The BMO® CashBack® World Elite®* Mastercard®* is one of the best cash back Mastercard credit card in Canada.
For a limited time, you will earn up to 10% cash back on select purchases for the first 3 months (that’s up to $260 cash back). Besides, the annual fee is waived in the first year!
With the BMO® CashBack® World Elite®* Mastercard®*, you earn between 2% and 5% cash back on many spending categories:
Everywhere else, you’ll earn 1% cash back, including at Costco.
Finally, it is one of the only credit cards in its category to offer an extended warranty of 2 additional years.
The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada. With our exclusive offer, you can get up to 100,000 bonus points:
Plus, the annual fee is waived in the first year for both the primary cardholder and authorized users.
With the BMO Ascend World Elite Mastercard, a premium credit card from BMO, you get:
And 1 point for every $1 spent everywhere else, including at Costco. You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (flights, hotels, car rentals, all-inclusive resorts, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.
The BMO Ascend World Elite Mastercard also offers:
Unlike the other two National Bank travel rewards cards, the National Bank Platinum Mastercard® does not require a minimum income.
With the National Bank Platinum Mastercard®, you can earn 2 points per dollar on grocery store and restaurant purchases, and 1.5 points per dollar on gas and electric vehicle charging, recurring bill payements and À la Carte Travel. And since it’s a National Bank Mastercard credit card, you can use it at Costco.
In addition, you get premium insurance usually dedicated for high-end credit cards:
We voted the National Bank Platinum Mastercard® as the best credit card for young professionals in 2024.
