Best for: Cash back
Brim World Elite Mastercard
BrimCash Back
You earn 1x on groceries and 1x at restaurants.
- Annual Fee
- $89
- Rewards rate
- 1x
- Welcome Bonus
- —
Cash Back
Pros
- Simple and straightforward
Cons
- No welcome bonus
- Requires good credit
Ranking · Updated August 2026
Best Credit Cards for Costco in Canada
Costco Canada accepts Mastercard only. Compare the Mastercards that earn the most on everyday 'other' purchases — at the warehouse and everywhere else.
Best for: Overall value
It comes with a welcome bonus of up to 60,000 miles. You earn 1x on groceries and 1x at restaurants.
- Annual Fee
- $180
- Rewards rate
- 1x
- Welcome Bonus
- 60,000 miles
Cathay Asia Miles
(Up to)
Pros
- Welcome bonus of up to 60,000 miles
Cons
- High annual fee ($180)
- Requires good credit
Best for: First-Year Annual Fee Rebate
The BMO VIPorter World Elite®* Mastercard®* offers a first year annual fee rebate (regular fee $199/yr). It comes with a welcome bonus of up to 70,000 points. You earn 2x on groceries and 2x at restaurants.
First-Year Annual Fee Rebate
- Annual Fee
- $199 $0
- Rewards rate
- 1x
- Our valuation
- $1,249
- Welcome Bonus
- 70,000 points
Porter VIPorter
Milesopedia estimate
(Up to)
Ends Oct 31, 2026
Pros
- First Year Annual Fee Rebate
- Welcome bonus of up to 70,000 points
- 2x on groceries
- 2x at restaurants
Cons
- High annual fee ($199)
- Requires good credit
Best for: Overall value
It comes with a welcome bonus of up to 70,000 points. You earn 2x on groceries and 1.5x at restaurants.
- Annual Fee
- $139
- Rewards rate
- 1.5x
- Our valuation
- $700
- Welcome Bonus
- 70,000 points
WestJet Rewards
Milesopedia estimate
(Up to)
Ends Nov 4, 2026
Pros
- Welcome bonus of up to 70,000 points
- 2x on groceries
Cons
- Requires good credit
Best for: No annual fee
The Rogers Red World Elite® Mastercard has no annual fee, making it risk-free to hold. You earn 1.5x on groceries and 1.5x at restaurants.
- Annual Fee
- $0
- Rewards rate
- 1.5x
- Welcome Bonus
- —
Cash Back
Pros
- No annual fee
Cons
- No welcome bonus
- Requires good credit
Next step
Find your perfect card
Compare the best credit cards in Canada or calculate which card's rewards actually fit your budget.
