† This offer applies to CIBC Global Money Transfers posted to the primary cardholder’s credit card account between December 1, 2022 and January 31, 2023. Get 1% cash back for every $1 CA spent on a CIBC Global Money Transfer. This offer may be withdrawn or changed without prior notice at any time. 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 in its sole discretion. 1 Insurance coverages included with the CIBC Costco®† Mastercard® are underwritten by Royal & Sun Alliance Insurance Company of Canada. You may contact the insurer at 1-866-363-3338Opens your phone app. in Canada and the U.S. or collect from elsewhere at 905-403-3338Opens your phone app. or visit cibccentre.rsagroup.caOpens in a new window.. To learn about the coverages included with a specific card, and important information regarding coverage eligibility requirements, benefits, limitations and exclusions, see cibc.com/ca/credit-card/agreements-insurance.html and the insurance certificate(s) in your card package. Some insurance coverage(s) require purchase(s) to be charged to the card to activate coverage. Other conditions may also apply. Certain coverages are “excess insurance” (all other sources of insurance and recovery must be exhausted before coverage is available). 2 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 on the first $5,000 net annual card purchases in this category on your account. After that, net card purchases at all gas merchants will earn 1% in Cash Back Rewards. Earn 2% on purchases (less returns) classified in the credit card network as Costco.caOpens in a new window. purchases on the first $8,000 net annual card purchases in this category on your account. After that, net card purchases at Costco.caOpens in a new window. will earn 1% in Cash Back Rewards. Purchases at merchants classified in the credit card network as Restaurants will earn 3% and all other qualifying purchases will earn 1% in Cash Back Rewards. The $5,000 and $8,000 limit will reset to zero annually on January 1. Each $1.00 CAD in net Card purchases earns the amount of Cash Back Rewards disclosed by CIBC from time to time. Cents do not earn Cash Back Rewards. Cash Back Rewards will be rounded to the nearest whole cent. Cash Back Rewards are earned on Card purchases less returns, and not on cash advances, fees, interest, balance transfers, CIBC Global Money Transfers™, payments, CIBC Convenience Cheques or purchases made with the Gift Certificate. Certain Cards may also allow you to earn additional Cash Back Rewards for certain types of purchases from time to time. There is no limit to the amount of Cash Back Rewards you can earn in any calendar year. Cash Back Rewards are not earned for pending purchases and will only be earned when the purchase posts to your Account. If a Transaction that earned Cash Back Rewards is reversed or corrected, then the Cash Back Rewards related to the Transaction will be deducted (or added if Transaction is adjusted upward) from the Cash Back Rewards Account at the same rate at which they had been earned. We have the right to make any other adjustments to your Cash Back Rewards Account in accordance with your Cardholder Agreement. Purchases charged to your Account by an Authorized User earn Cash Back Rewards that will be added to the Cash Back Rewards Account. 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 only be redeemed at any Canadian Costco Wholesale warehouse location. Authorized Users on the Account are not issued and cannot redeem Cash Back Gift Certificates. 3 Interest rates will change from time to time on at least 30 days prior notice to the primary cardholder. Capitalized terms used have the meanings set out in the CIBC Cardholder Agreement. 4 Cash advances do not earn cash back. Interest accrues from the date advances are taken. 5 CIBC Pace It Installment Plans allow eligible cardholders to convert eligible card transaction(s) to monthly installment payments (including interest) over a fixed period of time. When you create an Installment Plan you will have the ability to choose the payment term (in months) with a corresponding annual interest rate. Once you accept the Installment Plan Terms and Conditions and the installment plan is created, you can cancel it at any time but you cannot change it. CIBC Pace It Installment Plans are only available: (a) on Accounts in Good Standing; and (b) for certain eligible Accounts and eligible Transactions. For complete Terms and Conditions, visit CIBC.com/paceit. 6 CIBC foreign exchange rates apply. Only primary cardholders can use their eligible credit card account to pay for the CIBC Global Money Transfer™ service. 7 CIBC does not charge interest on a CIBC Global Money Transfer appearing on your statement if we receive full payment of the Amount Due (or for a CIBC Global Money Transfer that has been converted to an Installment Plan during that statement period, if we receive payment in full of the Balance) by the payment due date for that statement. Capitalized terms in this footnote have the meanings set out in the CIBC Cardholder Agreement. 8 CIBC Payment Protector™ Insurance for Credit Cards is optional creditor’s group insurance underwritten by Canadian Premier Life Insurance Company (Canadian Premier) and administered by Canadian Premier and CIBC (for more information about Canadian Premier, you may call their customer service office at 1-800-893-2862Opens your phone app. (English) or 1-800-939-0169Opens your phone app. (French) or visit canadianpremier.caOpens in a new window.. This insurance is subject to eligibility conditions, limitations and exclusions (which are circumstances when benefits are limited or not paid), including a pre-existing medical condition exclusion for the Critical Illness coverage (the illnesses covered are life threatening cancers, heart attacks and strokes). This content is provided for informational purposes only and is not complete in detail. For more details about CIBC Payment Protector™ Insurance, please click here. 9 The card is provided and administered by CIBC and also serves as your Costco membership card. When you have a card, you have a relationship with both Costco and CIBC. 10 To qualify for the $20 statement credit (“Statement Credit”), the primary cardholder must: (i) register for CIBC Online Banking or CIBC Mobile Banking on or before December 31, 2022 (“Offer End Date”); and (ii) either the primary cardholder or an authorized user on the credit card account must complete at least one qualifying purchase that is posted to the account on or before the Offer End Date using your activated Eligible Cards. Qualifying purchases do not include cash advances, CIBC Global Money Transfer® service, interest, fees, balances transfers, payments or Convenience Cheques. Purchases that are subsequently returned will also not be treated as a qualifying purchase. This offer is only available to a primary cardholder who held a Costco Mastercard on March 3, 2022 and whose credit card account was subsequently converted to one of the new CIBC Costco Mastercard or CIBC Costco World Mastercard (“Eligible Cards”). This offer is also not available where the primary cardholder changes credit card products, unless the primary cardholder has product changed between Eligible Cards. Please allow 8-12 weeks after meeting all of the offer requirements for the Statement Credit to appear on your credit card account. Authorized users are not eligible to receive the Statement Credit. The primary cardholder must have an active Costco membership and the credit card account must be open and in good standing at the time the Statement Credit is awarded. Only one Statement Credit may be awarded per credit card account. This offer is not transferable. This offer may be withdrawn or changed without prior notice at any time. 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 in its sole discretion. 11 Transactions must first be posted to your account before they can trigger a spend alert. It may then take up to 24 hours after a triggering transaction is posted for an alert to be sent. 12 Your CIBC Costco Mastercard must be open and in Good Standing and you must have an active Costco membership on December 31 to be eligible for the cash back gift certificate for cash back rewards earned in that year. CIBC is not liable for any rewards earned by you with Capital One, whether or not CIBC elects to do this. 13 CIBC may elect to credit the Primary Cardholder’s Cash Back Rewards Account with Cash Back Rewards under these Program Terms in an amount equal to any cash back rewards that were earned by you on your account with your previous card between Jan. 1, 2022 and March 3, 2022. CIBC is not liable for any rewards earned by you with your previous card, whether or not CIBC elects to do this. This provision may be changed, withdrawn or discontinued at any time and cannot be combined with any offer. Once your account is transferred to CIBC on March 4, 2022, CIBC will become the sole owner of your account. At that time, the terms and conditions of your Capital One Costco Mastercard will cease to apply and your account will be subject to the terms and conditions of your CIBC Costco Mastercard, as provided by CIBC. Capital One shall have no responsibility, obligation, or liability whatsoever with respect to any CIBC Costco Mastercard account, the CIBC Costco Mastercard terms, their interpretation, delivery or implementation. If your Capital One Costco Mastercard account does not transfer to CIBC, it will remain the property of Capital One and will continue to be subject to the Capital One Costco Mastercard terms then in effect. Nothing in this notice constitutes a partnership or joint venture between Capital One and CIBC, and neither party is liable for any representation, act or omission of the other party. Capital One is a registered trademark of Capital One Financial Corporation, used under license. ®† Registered trademark of Price Cprovided 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 only be redeemeostco International, Inc. used under license. Mastercard, World Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.