Up to 50,000 Points + First-Year Free!
cobalt new card promo featured

American Express Cobalt Card: Earn Up to 30,000 Points!

To the point With this welcome offer, new American Express Cobalt Cardmembers can earn up to 30,000 bonus points!

Welcome offer

New American Express Cobalt® Cardmembers can earn up to 30,000 welcome bonus points. This is the most generous welcome offer ever for this Card and for a credit card that requires no minimum income!

That’s a value of $300 using your points for any purchase charged to the Card. And up to $500 when you use the American Express Fixed Points Travel Program to book some flights! You can even transfer your points to many partners such as Aeroplan or Marriott Bonvoy.

Since American Express credit cards are increasingly accepted in many stores in Quebec (including some IGA grocery stores) and in Canada, there is no reason not to get the best 5X card in Canada!

Welcome offer

The welcome bonus is split monthly for the first 12 months. For example, you earn 2,500 Membership Rewards points for every $500 in purchases charged to your card during the month (whether in the 1X, 2X, 3X or 5X category).

For the monthly welcome bonus, it is best to shop in the 5X categories:

  • 2,500 points as a monthly welcome bonus
  • 2,500 points for purchases in the 5x category

That’s a 10% minimum return for the first 12 months on each of your first $500 in Card purchases within the 5x categories like groceries.

cobalt super c
5x points at Super C

Here’s how you could earn 60,000 points in your first year by optimizing your purchases in the 5x the points spending categories:

Month Purchases 5x Categories Bonus Total
1 $500 2,500 points 2,500 points 5,000 points
2 $500 2,500 points 2,500 points 5,000 points
3 $500 2,500 points 2,500 points 5,000 points
4 $500 2,500 points 2,500 points 5,000 points
5 $500 2,500 points 2,500 points 5,000 points
6 $500 2,500 points 2,500 points 5,000 points
7 $500 2,500 points 2,500 points 5,000 points
8 $500 2,500 points 2,500 points 5,000 points
9 $500 2,500 points 2,500 points 5,000 points
10 $500 2,500 points 2,500 points 5,000 points
11 $500 2,500 points 2,500 points 5,000 points
12 $500 2,500 points 2,500 points 5,000 points
Total $6,000 30,000 points 30,000 points 60,000 points

60,000 points for $6,000 in purchases in 12 months is a 10% minimum return if you use your points for an account credit for any purchase. That’s a $600 value!

If you take out the cost of the card fee ($12.99 per month or $155.88 over 12 months), the net value in the first year is approximately $719 !

One way to do this is to do your grocery shopping. And if you don’t have $500-$1,000 worth of groceries a month, you could buy gift cards there for other businesses you regularly frequent like Amazon, SAQ, GAP, Old Navy, etc. Another way to earn 5x the points for these purchases.

What about Aeroplan?

With the American Express Cobalt™ Card you can transfer your points to airline programs like Aeroplan. The conversion rate is 1:1. So 10,000 points = 10,000 Aeroplan points.

The Welcome Bonus of 30,000 points is equivalent to 30,000 Aeroplan points.

By taking into consideration the minimum spend in the first 12 months and optimizing your purchases in the 5 points per dollar categories, you could earn up to 60,000 Aeroplan points in the first year!

What about Marriott Bonvoy?

With the American Express Cobalt™ Card you can transfer your points to Marriott Bonvoy. The conversion ratio is 1:1.2. Thus, 10,000 points = 12,000 Marriott Bonvoy points.

The welcome bonus of 30,000 points is equivalent to 36,000 Marriott Bonvoy points.

By taking into consideration the minimum spend in the first 12 months and optimizing your purchases in the 5x the points spending categories, you could earn up to 60,000 points in the first year, which is worth 72,000 Marriott Bonvoy points!

Learn more in this article:

Features at a glance

Earning points

With the American Express Cobalt™ Card you can earn between 1 and 5 points per dollar:

Category Points per dollar
Grocery 5
Food delivery 5
Restaurants and bars 5
Convenience stores 5
Streaming subscriptions 3
Gas station 2
Gas & Transit 2
Travel 2
Other 1

To maximize your card, you can purchase gift cards (Amazon, SAQ, Netflix, etc.) in grocery stores or at your 7-eleven / Couche-Tard convenience store. You will earn 5x points for these purchases, for a maximum of $30,000 in purchases per membership year in this category.

5X The Points On Amazon.ca For Cobalt Cardmembers!
super c gift cards

Using points

You can use points of your American Express Cobalt™ Card in many ways:

Use Points
Flights (American Express Fixed Point Program) Up to 10,000 points = $200
Travel purchases Charged to your Card 10,000 points = $100
Transfer Points to Aeroplan 10,000 points = 10,000 Aeroplan points
Transfer Points to British Airways Executive Club 10,000 points = 10,000 Avios miles
Transfer Points to Marriott Bonvoy 10,000 points = 12,000 points Marriott Bonvoy
Transfer Points to Hilton Honors 10,000 points = 10,000 Hilton Honors points
Other purchases with the Card 10,000 points = $100
Shopping with points on Amazon.ca 10,000 points = $70

You could even use the Marriott Bonvoy program to transfer your points to other airline programs: 50,000 Membership Rewards Points = 60,000 Marriott Bonvoy points = 25,000 miles.

Insurance

With the American Express Cobalt™ Card, you are covered by a number of benefits:

  • Mobile Device Insurance
  • Car Rental Theft and Damage Insurance
  • Baggage delay insurance
  • Lost or Stolen Baggage Insurance
  • Flight delay insurance
  • $250,000 Travel Accident Insurance
  • Hotel/Motel Burglary Insurance
  • Purchase Protection® Plan
  • Buyer’s Assurance® Protection Plan

Conclusion

The American Express Cobalt™ Card is one of our favourite cards for all of the above.

Every time someone asks “which credit card to apply for” in the Facebook group, many enthusiastic members come up to praise the American Express Cobalt™ Card!

And this Card is accessible to almost everyone since there is no minimum income requirement.

If you don’t have this Card yet, now is the best time to apply for it with this great limited-time offer.

You would like to apply for this Card while supporting milesopedia? Click here!

Come to discuss that topic in our Facebook Group!

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