Per dollar of purchases
There may be a daily maximum amount depending on the type of fees paid
The American Express Cobalt® Card is the best credit card from American Express, whether you want points for travel or cash back.
The welcome bonus is distributed monthly for the first 12 months. You’ll earn 1,250 Membership Rewards points for every $750 in purchases charged to your card during the month (whether in the 1X, 2X, 3X or 5X category). That’s up to 15,000 Membership Rewards points.
You can easily use these points as statement credits for everyday or travel purchases. The value is the same for both: 1,000 points = $10.
Alternatively, transfer them to Aeroplan points, Avios (British Airways/Qatar Airways), Flying Blue, Marriott Bonvoy, or Hilton Honors.
For example, with this welcome offer, if you decide to transfer your Membership Rewards points to a partner loyalty program, you would have the choice of earning up to:
With the American Express Cobalt® Card, you can earn between 1 and 5 points per dollar:
This is a 1 to 5% return on all these purchases.
For example, if you spend $1,000 per month on groceries and/or restaurants and/or food delivery, you’ll earn $50 cash back per month, or $600 cash back per year with this card for this category of purchases!
And if you decide to transfer your points to other programs like Aeroplan, you could get even more value!
In addition, this card provides excellent insurance coverage: rental car theft and damage, baggage delay, lost or stolen baggage, flight delay, $250,000 travel accident, hotel or motel burglary, Mobile Device Insurance, Purchase Security, Purchase Protection Insurance.
Like all American Express Canada Cards, there is no minimum income requirement.
You can use your American Express Cobalt® Card at grocery stores like Metro, Super C, Safeway, Whole Foods, your local Couche-tard or 7Eleven convenience store, your favorite gas station like Esso, Shell, Petro-Canada or any travel provider!
You can earn 1 point per dollar on all purchases with the American Express Cobalt® Card. And 5 points per dollar for groceries, restaurants and food delivery, and 2 points per dollar for transportation.
The American Express Cobalt® Card offers up to 15,000 Membership Rewards points spread over the first 12 months, where you earn 1,250 points each month after making $750 in purchases on your card.
Membership Rewards points can be used as credit towards everyday purchases or travel (1,000 points = $10), or transferred to loyalty programs such as Aeroplan, Avios, Flying Blue, Marriott Bonvoy or Hilton Honors.
You can earn between 1 and 5 points per dollar, depending on the category of purchase: 5 points for groceries, food delivery, restaurants, and convenience stores; 3 points for streaming services; 2 points for gas stations and transportation; and 1 point for all other purchases.
For example, if you spend $1,000 monthly in the grocery, restaurant and food delivery categories, you’ll earn $50 cash back per month, or $500 per year, thanks to 5 points per dollar in these categories.
Yes, American Express Cobalt® Card offers various types of insurance, including rental car theft and damage, baggage delay, baggage loss or theft, flight delay, travel accident, hotel or motel burglary, Mobile Device Insurance, Purchase Protection and Purchase Protection Guarantee.
No minimum income is required to obtain the American Express Cobalt® Card.
In your first year, you can earn 1,250 Membership Rewards points every month you charge $750 in net purchases to your Card, for a total of up to 15,000 points in one year.
Membership Rewards points earned with the American Express Cobalt® Card can cover American Express travel expenses by applying them directly as a credit on your travel purchases or by transferring them to partner loyalty programs.
To earn the welcome bonus with the American Express Cobalt® Card, you must make net purchases of $750 each month to receive 1,250 Membership Rewards points, up to 15,000 points during your first 12 months. Full program terms and conditions are available on the Amex Canada website.
Net purchases, i.e. your purchases minus returns, made with the American Express Cobalt® Card are eligible to earn Membership Rewards Points according to eligible purchase categories, such as groceries or travel, and according to the terms and conditions of the loyalty program.
The American Express Cobalt® Card offers theft and damage insurance for rental cars. Terms of service and details of coverage and exclusions can be found in the card’s insurance guide.
No, the American Express Cobalt® Card is specifically designed for residents of Canada. U.S. residents can explore other card options through the country’s Amex bank.
The American Express Cobalt® Card has an annual fee of $155.88. Details of fees and promotions can be found in the terms of service and promotional offers on the Milesopedia or Amex Canada websites.
Specific terms and conditions for cash advances with the American Express Cobalt® Card, including applicable fees and interest rates, can be found in the Card Services Guide on the American Express Canada website.
During each monthly billing period, American Express Cobalt® Cardmembers can earn 1,250 Membership Rewards points by charging $750 in net purchases to the card, earning up to 15,000 points in one year, according to program terms and conditions.
Yes, you can use your American Express Cobalt® Card in the USA or anywhere else in the world. However, there will be a 2.5% conversion fee applied to your purchase.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment.
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