American Express Cobalt
American Express Canada · Reward Points · Reward Points
This comprehensive guide covers the American Express Cobalt's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The American Express Cobalt from American Express Canada offers reward points rewards redeemable as reward points. Top earning categories include 5x on groceries & dining and more. Annual fee is C$155.88 (no standard fee waiver; monthly fee of cad 12.99).
Best for: Grocery, Dining, Entertainment, Utility
Official product page → Official rules →
Annual fee: C$155.88
Waiver: No standard fee waiver; monthly fee of CAD 12.99
Waiver: No standard fee waiver; monthly fee of CAD 12.99
Reward Rules
- 5 pts/$100 5x on groceries & dining
- 3 pts/$100 3x on streaming subscriptions
- 2 pts/$100 2x on travel & transit
- 1 pts/$100 1x everywhere else
Important Notes
- Grocery earn capped at CAD 30,000 annual spend, dining earn capped at CAD 30,000 annual spend.
- Points transfer to Aeroplan, Marriott Bonvoy, and other partners at varying ratios.
- Monthly fee of CAD 12.99 applies regardless of spend.
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
American Express Cobalt vs Similar Cards
- Air Canada Altitude Visa — Travel Miles · C$0
- Air Canada Altitude Visa Infinite — Travel Miles · C$150
- American Express Aeroplan Reserve Card — Travel Miles · C$599
Maximize Your Rewards
To earn the highest rewards, use the American Express Cobalt for its bonus categories: Grocery, Dining, Entertainment, Utility, Travel.