Skip to main content

What You Need to Know About Upcoming Changes to Capital One Costco Mastercards

In October 2020, we announced that Capital One Canada and Costco mutually agreed to end
the credit card relationship. CIBC will become the exclusive issuer of Costco credit cards in
Canada and acquire the existing Canadian Costco credit card portfolio, which is expected to be
effective in early calendar year 2022.

More information will be available in the coming weeks on this page. No action is required at this
time.

Download the Certificate of Insurance for the Capital One Costco Mastercard (305 KB PDF)

Download the Cardholder Agreement (effective for new Capital One Costco Mastercard
customers as of Aug. 1, 2019) (161 KB PDF)