While chatting with a friend recently, she admitted to me that she was uninterested in credit card reward programs. She said it was too “complicated” to manage credit cards. So I sat down with her for this exercise to show her that it’s possible to get much more than her measly 1% cash back on her no-annual-fee credit card.
Getting a 10-20% discount regularly on purchases you need to make anyway is possible! However, it requires management and dedication, as credit card issuers won’t hand over your rewards so easily. Like any job, the results you achieve reflect the effort you put in.
Tips For Managing Your Credit Cards
Without further ado, here are my top tips for managing your credit cards and earning more reward points.
Also, take the opportunity to download my tool to help you choose the right credit card by spending category. It’s available in our toolbox.
1. Determine Your Monthly Expenses By Category
Take a look at your monthly expenses and write them down:
Take a look at your annual expenses and write them down:
School taxes
Municipal taxes
Taxes
Installments
Professional contributions
Professional fees (accountant, notary, etc.)
Christmas gifts
Travel
Etc.
By doing steps 1 and 2, you’ve also just created your budget! A good way to do this is to pull out your bank and credit card statements from the last 12 months.
Do you have too many debit card transactions? The aim is to optimize your spending, not to inflate it just to earn points.
Then, if your financial health is fragile, the budget you’ve just drawn up will help you target which expenses to prioritize and which to cut. Is there a category where you overspend? Did you buy too many shoes last year?
3. Determine Which Expenses Can Be Paid By Credit Card
You now know that you typically spend (for example) $400 on groceries each month. Can this expense be made, in whole or in part, with American Express or only with Visa / Mastercard? Sometimes, you have to break down certain expenses when shopping, whether at Metro or Costco.
Also, you need to look at what is usually paid in cash, by transfer, and by cheque. Then, ask yourself if these expenses can be paid by credit card one way or another; via Plastiq or PaySimply, with fees, to unlock a bonus if you’re in a pinch, for example.
When questioning my friend, she told me she gave her son $20 in allowance and he saved it to buy video games at Walmart or Amazon. Now, she buys him gift cards (at 5X the points) with her credit card instead!
This kind of minor adjustment saves us from leaving points on the table!
4. Set Your Reward Goals
In the Milesopedia Facebook community, I often see the question “what is the best credit card to maximize my purchase?” You need to define the word “profitable,” because the answer varies for each person. We all have different situations and goals.
For example, $3,000 in grocery expenses can yield:
The equivalent of $400 in Disney gift cards as a bonus on the BMO AIR MILES World Elite Mastercard (especially with the exclusive offer from Milesopedia),
If I have no intention of going to Disney, but rather to New York, the $400 in Disney isn’t worth much to me compared to Aeroplan points. So I’m not maximizing my purchases with the BMO AIR MILES World Elite Mastercard if my goal is to pay for my flight to New York.
Other factors to consider before making a purchase besides rewards:
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$255Total$255Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
$255
Welcome offerGet 1,250 points after $750 in purchases per month for 12 months
Apply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).
The American Express Cobalt® Card is a versatile American Express card, whether you want points for travel or cash back.
American Express Cobalt® Card welcome offer
The welcome bonus is paid out monthly over your first 12 months. You earn 1,250 Membership Rewards points for each monthly billing period in which you charge $750 in net purchases to your card, in any category (1X, 2X, 3X or 5X). That adds up to 15,000 Membership Rewards points over the year, a welcome offer valued at $255.
Earning the full bonus means $9,000 in net purchases spread across 12 monthly billing periods. This offer rewards steady monthly spending rather than one large purchase.
You can use these points as statement credits on everyday or travel purchases, at the same rate either way: 1,000 points = $10.
You can also transfer them to Aeroplan, Avios (British Airways and Qatar Airways), Flying Blue, Marriott Bonvoy or Hilton Honors. With the full welcome bonus, that is a choice between:
15,000 Aeroplan points
15,000 Avios points
15,000 Flying Blue Miles
18,000 Marriott Bonvoy points
American Express Cobalt® Card benefits
Here is what the card gives you, starting with the benefits cardholders use most.
5X points on eligible eats and drinks in Canada: groceries, restaurants and bars, home food delivery and convenience stores. A spend cap applies.
3X points on eligible streaming subscriptions in Canada.
2X points on eligible gas, public transit and ride sharing purchases in Canada.
1 additional point on eligible hotel and car rental bookings made through American Express Travel Online.
1X point per dollar on everything else, with no category restrictions.
Points that hold the same value either way: 1,000 points = $10 as a statement credit, or a 1:1 transfer to several airline and hotel loyalty programs.
No minimum income requirement, as with every American Express Canada card.
Additional cards at no extra cost: the first and every other supplementary card is $0.
The Hotel Collection: a room upgrade when available, 12pm check-in and late check-out when available, and up to $100 USD in hotel credit on amenities charged to the room for a stay of two or more consecutive nights, booked through American Express Travel.
Front Of The Line® presale and reserved tickets for concerts and theatre performances, plus offers and events curated for cardmembers through Amex Experiences.
A soft credit check before you apply: you can see whether you will be approved with no impact to your credit score. This applies to American Express personal card applications.
The 5X categories and where they apply
The 5X rate is the reason most people carry this card. In Canada it covers four kinds of merchants:
Groceries: Metro, IGA, Sobeys, Super C, Safeway, Whole Foods.
Restaurants and bars: sit-down meals, takeout and drinks.
Home food delivery.
Convenience stores: Couche-Tard, 7-Eleven.
The 2X rate covers gas stations such as Esso, Shell and Petro-Canada, along with public transit and ride sharing.
With the American Express Cobalt® Card, you earn between 1 and 5 points per dollar:
Category
Points per dollar
Grocery (Metro, IGA, Sobeys, Super C, etc.)
5
Home food delivery
5
Restaurants and bars
5
Convenience stores
5
Streaming services
3
Service station
2
Transport
2
Travel
1
Other
1
That works out to a 1 to 5% return on those purchases. For example, if you spend $1,000 per month across groceries, restaurants and food delivery, you earn $50 back per month, or $600 per year from that category alone. Transfer the points to a program such as Aeroplan instead and the return can be higher.
You can also stack these categories with the hundreds of stores that offer 5x points.
American Express Cobalt® Card insurance coverage
The card comes with a broad insurance package. The amounts below are the coverage limits; conditions, age limits and exclusions are set out in the certificate of insurance linked in the Insurance section above.
Travel insurance
Emergency medical: up to $5,000,000 for the first 15 days of a trip.
Travel accident: accidental death and dismemberment of up to $250,000 for you, your spouse and dependent children under age 23 when travelling on a common carrier (plane, train, bus or ship) and the tickets are charged to your card. Supplementary cardholders and their families are covered too.
Flight delay: up to $500 for necessary hotel, meal and sundry expenses bought within 48 hours when you are delayed or denied boarding for four hours or more and no other transportation is available. This $500 is an aggregate limit per occurrence, shared with missed connection and delayed baggage coverage.
Delayed baggage: up to $500 for essential clothing and sundries bought within four days when your outbound luggage is delayed six hours or more. This $500 is an aggregate limit per occurrence, shared with missed connection and flight delay coverage.
Lost or stolen baggage: up to $500 per occurrence for all insured persons combined, for checked or carry-on baggage and personal effects in transit, when the airline tickets are charged to your card. Within that limit, jewellery is capped at $300 per occurrence and golf clubs, including golf bags, at $250 per occurrence.
Hotel and motel burglary: up to $500 against the loss of most personal items if your hotel or motel is burglarized, when the stay is charged to your card.
Rental car insurance
Theft and damage coverage is included for a rental car with an MSRP, for its model year, of up to $85,000 excluding all taxes, for rentals of up to 48 days. To use it, decline the Loss Damage Waiver (LDW) or any similar option from the rental company and charge the full rental to your card. There is no cost for this coverage, and it replaces the daily insurance the rental company charges, usually $16 to $23 per day.
Mobile device insurance
Your device is covered for up to $1,000 per occurrence when it is charged to the card, for up to two years from the date of purchase. The payout is based on the depreciated value of the device, which falls by 2% of the purchase price for every completed month, less a 10% deductible. Theft and accidental damage coverage starts on the 91st day after purchase, because the first 90 days are covered by purchase protection.
Purchase protection and extended warranty
Eligible items charged to your card are insured against accidental physical damage or theft for 90 days from the purchase date, up to $1,000 per occurrence for all items combined. The card also extends the original manufacturer’s warranty by up to one additional year on eligible items, with indemnification limited to $10,000 per insured item and $25,000 per Cardmember per policy year for all items combined.
American Express Cobalt® Card fees
Card fee: $15.99 per month, which equals $191.88 per year, for residents outside Quebec. Quebec residents are billed $191.88 per year.
Additional cards: $0.
Purchase interest rate: 21.99%.
Cash advance interest rate: 21.99%.
Foreign transaction fee: 2.5%.
Minimum income required: none.
Because the fee is billed monthly rather than in one annual charge, you can stop and restart the cost in step with how much you are actually using the card.
Legal
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.
Annual fee
Primary card$191.88
Additional card$0
Annual income required
Individual$0
Household$0
Conversion fees
2.5%
Earning rate
5xRestaurants
5xGroceries
3xStreaming
2xTransit
2xGas
1xAll spending
Value
1st Year Value$1,675
2nd Year Value$799
Transfer partners
AeroplanAirline
British Airways ClubAirline
Cathay Asia MilesAirline
Etihad GuestAirline
Flying BlueAirline
Hilton HonorsHotel
Marriott BonvoyHotel
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 15 days
Travel medical (55-64)Up to $5,000,000 / 15 days
Delayed BaggageUp to $500
Lost BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $500
Travel AccidentUp to $250,000
Purchase protection
Purchase ProtectionUp to $1,000 / 90 days
Extended Warranty+1 years
Mobile DeviceUp to $1,000 / 2 years
Auto Rental Collision (primary)Up to $85,000 / 48 days
The value of a point varies from one individual to another.
The valuation depends on how you use them. These points can therefore be worth much more than reward points.
They don’t expire; you just need to keep the account active with a transaction every 12, 18, or 24 months depending on the program’s terms.
They allow us to save on travel expenses and afford luxury at low prices.
There are many sweet spots for using this type of point.
Understanding how to optimize a program can be difficult for a beginner.
They are less flexible than cash rebates.
We are sometimes restricted by availability.
When you’re just starting out, it’s wiser not to spread yourself too thin and aim for one or two types of reward. By focusing your efforts this way, you will also have time to master the program(s) in question before venturing elsewhere.
Mastering a program is the key to extracting maximum value from it! You need to know how to earn the points, but also how to use them to their full potential.
Is it possible to pay for 100% of a trip with points? Yes, but it’s almost impossible to do it optimally with just one type of points. The more programs you master, the more affordable your trips will be.
5. Plan Your Credit Card Rounds
In a points hunter’s wallet, there are accumulation cards and bonus cards. On the one hand, the expenses you’ve identified as monthly should be paid for with a card or cards that will give you the maximum return over the long term.
On the other hand, good timing with major annual expenses will be very rewarding while using monthly expenses to help you unlock a bonus.
Travel hacking is a marathon, and although it’s more rewarding to get bonuses, you need to proceed with moderation. I advocate a balance between earning mode and bonus mode.
For example, if I have $3,000 in expenses every December. So I’m going to plan on getting a card to unlock a bonus, in November of each year.
As for the rotation plan, here’s an example of how to earn cash back:
Organizing my expenses this way allows me to know exactly when to start a round, how much to spend, and which credit card(s) to use.
Since I’ve determined what can be paid for with which type of card and my budget, I know exactly whether or not I’ll be able to reach a bonus.
In my personal situation, I make two “regular rounds” of card purchases a year (in March and November) because it’s in line with my expenses.
6. Adjust Your Plan When Necessary
I also leave myself some leeway in my credit card applications to be able to get a new card, outside of my game plan, when an unexpected expense arises or when an exceptional offer comes up. So it’s easy for me to always space out my applications by at least 3 months for these “surprise” rounds.
I also adjust my game plan if I have big expenses coming up, like a new set of tires for next winter, or if I’m planning to renovate my kitchen.
7.Keep Track Of Credit Cards
I recommend creating a tracking sheet for your credit cards to remember important dates.
If you prefer, I share my credit card management file in our toolbox. You can use it “as is” or use it as a basis to create your own spreadsheet. You just need to modify the file so it reflects the picture of your wallet.
I also save the terms of the cards I’ve signed up for and keep them in the same folder as my Excel spreadsheet. This allows me to have all the details in case there’s a problem with my bonuses.
8. Avoid Mistakes
A common beginner’s mistake is not being able to unlock a bonus within the required timeframe. To avoid this:
Enter the deadline for reaching the spending threshold.
Put an alert on your calendar a few days before the end of the billing cycle, to give you time to make the expense and for it to appear on your calendar.
Enter the amount you need to spend to unlock the bonus.
Enter remaining expenses.
Set up pre-authorized debits for your card payments.
Personally, I don’t like Awardwallet and prefer to gather the information in the same document. Yes, I do it manually, but it allows me to check that everything is okay with each program as well (for example, if the points from the Aeroplan eStore were properly credited).
It’s a good habit to get into to keep your finances and points up to date. We’ve got into the habit of doing it every first of the month.
I also suggest you download the apps for each of the banks and rewards programs. You’ll be able to follow the progress of each account at your fingertips on your phone!
9. Manage foreign currencies and gift cards
Also, I keep an eye on the foreign currencies I have left after a trip. I keep some currencies because I know I will return to certain places. So, it saves me from losing on the exchange rate.
Finally, I treat gift cards like cash. So, I manually update the balance of my gift cards each month. I mainly use them for very short-term purchases (gas, clothes to buy at Simons, etc.) or to help me unlock a bonus. So, my gift card balance isn’t a fortune and it doesn’t take long to check.
10. Use Shopping Portals For Bonus Points
Although this article is about a credit card management strategy, don’t forget online shopping portals when you’re shopping, for a “double” or “triple dip”. For example:
I’ve also added extensions to my browser to remind me to go through the portals.
Conclusion
Some will surely reiterate that managing credit cards is complicated. But, as they say, no pain, no gain! You have to work to get your rewards. It’s up to you to see if the effort is worth it! In my opinion, managing your credit cards is a good habit for keeping my finances up to date.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$255Total$255Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
$255
Welcome offerGet 1,250 points after $750 in purchases per month for 12 months
Apply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).
The American Express Cobalt® Card is a versatile American Express card, whether you want points for travel or cash back.
American Express Cobalt® Card welcome offer
The welcome bonus is paid out monthly over your first 12 months. You earn 1,250 Membership Rewards points for each monthly billing period in which you charge $750 in net purchases to your card, in any category (1X, 2X, 3X or 5X). That adds up to 15,000 Membership Rewards points over the year, a welcome offer valued at $255.
Earning the full bonus means $9,000 in net purchases spread across 12 monthly billing periods. This offer rewards steady monthly spending rather than one large purchase.
You can use these points as statement credits on everyday or travel purchases, at the same rate either way: 1,000 points = $10.
You can also transfer them to Aeroplan, Avios (British Airways and Qatar Airways), Flying Blue, Marriott Bonvoy or Hilton Honors. With the full welcome bonus, that is a choice between:
15,000 Aeroplan points
15,000 Avios points
15,000 Flying Blue Miles
18,000 Marriott Bonvoy points
American Express Cobalt® Card benefits
Here is what the card gives you, starting with the benefits cardholders use most.
5X points on eligible eats and drinks in Canada: groceries, restaurants and bars, home food delivery and convenience stores. A spend cap applies.
3X points on eligible streaming subscriptions in Canada.
2X points on eligible gas, public transit and ride sharing purchases in Canada.
1 additional point on eligible hotel and car rental bookings made through American Express Travel Online.
1X point per dollar on everything else, with no category restrictions.
Points that hold the same value either way: 1,000 points = $10 as a statement credit, or a 1:1 transfer to several airline and hotel loyalty programs.
No minimum income requirement, as with every American Express Canada card.
Additional cards at no extra cost: the first and every other supplementary card is $0.
The Hotel Collection: a room upgrade when available, 12pm check-in and late check-out when available, and up to $100 USD in hotel credit on amenities charged to the room for a stay of two or more consecutive nights, booked through American Express Travel.
Front Of The Line® presale and reserved tickets for concerts and theatre performances, plus offers and events curated for cardmembers through Amex Experiences.
A soft credit check before you apply: you can see whether you will be approved with no impact to your credit score. This applies to American Express personal card applications.
The 5X categories and where they apply
The 5X rate is the reason most people carry this card. In Canada it covers four kinds of merchants:
Groceries: Metro, IGA, Sobeys, Super C, Safeway, Whole Foods.
Restaurants and bars: sit-down meals, takeout and drinks.
Home food delivery.
Convenience stores: Couche-Tard, 7-Eleven.
The 2X rate covers gas stations such as Esso, Shell and Petro-Canada, along with public transit and ride sharing.
With the American Express Cobalt® Card, you earn between 1 and 5 points per dollar:
Category
Points per dollar
Grocery (Metro, IGA, Sobeys, Super C, etc.)
5
Home food delivery
5
Restaurants and bars
5
Convenience stores
5
Streaming services
3
Service station
2
Transport
2
Travel
1
Other
1
That works out to a 1 to 5% return on those purchases. For example, if you spend $1,000 per month across groceries, restaurants and food delivery, you earn $50 back per month, or $600 per year from that category alone. Transfer the points to a program such as Aeroplan instead and the return can be higher.
You can also stack these categories with the hundreds of stores that offer 5x points.
American Express Cobalt® Card insurance coverage
The card comes with a broad insurance package. The amounts below are the coverage limits; conditions, age limits and exclusions are set out in the certificate of insurance linked in the Insurance section above.
Travel insurance
Emergency medical: up to $5,000,000 for the first 15 days of a trip.
Travel accident: accidental death and dismemberment of up to $250,000 for you, your spouse and dependent children under age 23 when travelling on a common carrier (plane, train, bus or ship) and the tickets are charged to your card. Supplementary cardholders and their families are covered too.
Flight delay: up to $500 for necessary hotel, meal and sundry expenses bought within 48 hours when you are delayed or denied boarding for four hours or more and no other transportation is available. This $500 is an aggregate limit per occurrence, shared with missed connection and delayed baggage coverage.
Delayed baggage: up to $500 for essential clothing and sundries bought within four days when your outbound luggage is delayed six hours or more. This $500 is an aggregate limit per occurrence, shared with missed connection and flight delay coverage.
Lost or stolen baggage: up to $500 per occurrence for all insured persons combined, for checked or carry-on baggage and personal effects in transit, when the airline tickets are charged to your card. Within that limit, jewellery is capped at $300 per occurrence and golf clubs, including golf bags, at $250 per occurrence.
Hotel and motel burglary: up to $500 against the loss of most personal items if your hotel or motel is burglarized, when the stay is charged to your card.
Rental car insurance
Theft and damage coverage is included for a rental car with an MSRP, for its model year, of up to $85,000 excluding all taxes, for rentals of up to 48 days. To use it, decline the Loss Damage Waiver (LDW) or any similar option from the rental company and charge the full rental to your card. There is no cost for this coverage, and it replaces the daily insurance the rental company charges, usually $16 to $23 per day.
Mobile device insurance
Your device is covered for up to $1,000 per occurrence when it is charged to the card, for up to two years from the date of purchase. The payout is based on the depreciated value of the device, which falls by 2% of the purchase price for every completed month, less a 10% deductible. Theft and accidental damage coverage starts on the 91st day after purchase, because the first 90 days are covered by purchase protection.
Purchase protection and extended warranty
Eligible items charged to your card are insured against accidental physical damage or theft for 90 days from the purchase date, up to $1,000 per occurrence for all items combined. The card also extends the original manufacturer’s warranty by up to one additional year on eligible items, with indemnification limited to $10,000 per insured item and $25,000 per Cardmember per policy year for all items combined.
American Express Cobalt® Card fees
Card fee: $15.99 per month, which equals $191.88 per year, for residents outside Quebec. Quebec residents are billed $191.88 per year.
Additional cards: $0.
Purchase interest rate: 21.99%.
Cash advance interest rate: 21.99%.
Foreign transaction fee: 2.5%.
Minimum income required: none.
Because the fee is billed monthly rather than in one annual charge, you can stop and restart the cost in step with how much you are actually using the card.
Legal
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.
Annual fee
Primary card$191.88
Additional card$0
Annual income required
Individual$0
Household$0
Conversion fees
2.5%
Earning rate
5xRestaurants
5xGroceries
3xStreaming
2xTransit
2xGas
1xAll spending
Value
1st Year Value$1,675
2nd Year Value$799
Transfer partners
AeroplanAirline
British Airways ClubAirline
Cathay Asia MilesAirline
Etihad GuestAirline
Flying BlueAirline
Hilton HonorsHotel
Marriott BonvoyHotel
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 15 days
Travel medical (55-64)Up to $5,000,000 / 15 days
Delayed BaggageUp to $500
Lost BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $500
Travel AccidentUp to $250,000
Purchase protection
Purchase ProtectionUp to $1,000 / 90 days
Extended Warranty+1 years
Mobile DeviceUp to $1,000 / 2 years
Auto Rental Collision (primary)Up to $85,000 / 48 days
Frequently Asked Questions
How do I use and manage my credit card?
To effectively manage your credit cards and earn more reward points, determine your monthly and annual expenses that can be paid by credit card. Next, determine your reward goals and plan your credit card applications accordingly. Of course, pay your balances in full each month, before the due date.
How can I avoid paying interest on my credit card?
To avoid paying interest on your credit card, you must pay the balance in full each month. At the same time, this will allow you to have a good credit history and demonstrate to lenders that you are a responsible borrower. This way, you can maintain a good credit file. Finally, avoid cash advances and check your statements online to ensure everything is in order.
How do I use a credit card?
Use your credit card to pay for your regular expenses only if you have the means to repay your card at the end of the month. Upon receiving your statement, online or by mail, verify the transactions made during the month. Then, pay your account in full (not the minimum payment), before the end of the grace period, to avoid paying interest. If possible, avoid using more than 30% of your credit limit.
When is the best time to pay off your credit card?
Pay your credit card balance upon receiving your statement, online or by mail. In some cases, making payments ahead of schedule, before the statement is issued, can help increase your credit score.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$469Annual fee rebated$120Total$589Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
The BMO eclipse Visa Infinite* Card is one of the best Visa Infinite rewards credit cards in Canada. Its welcome offer lets you earn up to 70,000 BMO Rewards points, for a total value of up to $1,150*.
It also includes a monthly statement credit for streaming services, an annual $50 lifestyle credit, and no annual fee for the first year (a $120 value)*.
With the BMO eclipse Visa Infinite* Card, you also get:
5x BMO Rewards points for every dollar spent on groceries, meal delivery or takeout, rideshare, public transit, and gas*
1 BMO Rewards point for every dollar spent on all other purchases*
10% more points when you add an authorized user to your account*
Mobile device insurance offering coverage up to $1,000*
The Pay with Points feature, which allows you to redeem your points on recent purchases starting at $1*
Six months of Instacart+ membership plus a monthly $10 Instacart credit with an eligible card*
Legal
*Terms and conditions apply
BMO is not responsible for updating the content of this site. For the most up-to-date information, please click on the Online Application link.
Annual fee
Primary card$120
Additional card$50
Annual income required
Individual$60,000
Household$100,000
Conversion fees
2.5%
Earning rate
5xTransit
5xGas
5xRestaurants
5xGroceries
1xAll spending
Value
1st Year Value$1,128
2nd Year Value$365
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 21 days
Travel medical (55-64)Up to $5,000,000 / 21 days
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Mobile DeviceUp to $1,000 / 1 years
Auto Rental CollisionUp to $65,000 / 48 days
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Our reviews and rankings are based on an objective assessment. Advertisers do not influence our content. We may receive compensation through some links; our analysis and opinions remain independent.
