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Oct 1, 2021 · The cat is out of the bag: starting in 2022, CIBC will replace Capital One as Costco’s new credit card partner. Though few details around the partnership have been released, we know CIBC...
Feb 17, 2022 · Seattle-based retail giant Costco Wholesale is continuing with its strategy of opening new warehouses in communities that had older format stores in Canada, with the newest location opening in Kelowna BC.
Nov 25, 2021 · In early March, 2022, existing eligible Costco Mastercard co-brand credit card accounts will automatically be moved to CIBC, and cardholders will start earning the new cash back benefits and receiving the other features from CIBC at this time.
Sep 29, 2021 · Anyone who owns a Capital One Costco Mastercard will see significant changes, sooner rather than later. The credit card is used widely in the wholesale store and offers cash-back rewards. However, in early 2022, CIBC will become the exclusive issuer of Costco credit cards in Canada, effectively acquiring the existing Canadian Costco credit card ...
Sep 2, 2021 · Mastercard will remain the exclusive payment network for the Costco cobranded credit card in Canada and acceptance in Costco warehouses in Canada. Today's announcement reflects CIBC's strategic focus on growing its Canadian consumer franchise.
Sep 2, 2021 · CIBC has announced it will soon become the exclusive issuer of Costco Mastercards in Canada, set to start in early 2022. The bank will also takeover the existing Canadian Costco credit card portfolio, which has over $3 billion in outstanding balances.
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Aug 28, 2022 · Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year, ended August 28, 2022 .