The American Express Cobalt Card is a highly regarded and innovative credit card offering from American Express, one of the world’s leading financial services companies. This card is specifically designed to cater to the needs and preferences of modern consumers, particularly those who enjoy dining out, traveling, and leading an active lifestyle.


American Express Cobalt – More features:

Monthly Fee Structure


Unlike many other cards that charge an annual fee, the Cobalt® Card has a monthly fee, ($12.99) making it easier to manage for some people.

Travel Benefits

With American Express Travel, you can book stays at unique hotels through their Hotel Collection. If you stay for at least two nights in a row at these hotels, you get special perks like:

  • Up to $100 to spend on things like food, spa treatments, or fun activities at the hotel.
  • A chance to get a better room when you check in, if it’s available.

Other Travel Perks:

Medical: Up to $5M 15 days out of province
Flight Delay: Up to $500 4+ hrs delay
Baggage Delay: Up to $500 6+ hrs delay
Hotel Burglary: Up to $500 If burglarized
Lost/Stolen Baggage: Up to $500 In transit
Travel Accident Up to: $250K On common carrier
Car Rental Up to: $85K MSRP 48 days or less


Entertainment Access

Cardholders get exclusive access to ticket presales and special events, making it a good choice for those interested in entertainment and experiences.

Summary of experiences you can access with AmEx Cobalt Card:

Presales: Early Access; Concerts, events
Reserved Tickets: Exclusive Seats; Major events
Entertainment: Special Offers Movies; theatre
Dining: Curated Events; Food festivals
Retail: Exclusive Offers; Shopping
Wellness: Special Offers; Self-care
Onsite: VIP Treatment Venues; lounges


Flexible Redemption

The points you earn can often be transferred to various travel partners, giving you flexibility in how you redeem your rewards. You can use points to pay for nearly anything. You can use the Use Points for Purchases feature of Membership Rewards to redeem your points for reimbursement of eligible Card purchases. This includes anything from groceries and gas to travel and streaming services. One thousand points is equal to ten dollars off any purchase that qualifies.

Welcome Bonus

The card comes with an attractive welcome bonus, which can provide a significant boost to your rewards balance when you meet the spending requirements.

New Accounts Offer Summary:

If you’re a new user of the AmEx Cobalt Card, you can earn up to 30,000 Membership Rewards points in your first year. How it works is simple:

  • Every month, if you spend $500 on your card, you’ll get 2,500 points.
  • If you do this every month for a year, you’ll accumulate 30,000 points.
  • These 30,000 points can be converted to up to $300, which you can use for a weekend trip or shopping.
Condition Reward Notes
Spend $500 in a month Earn 2,500 points Do this every month to maximize your rewards
Total Points in a Year Up to 30,000 points If you spend $500 each month for a year
What 30,000 Points Get You Up to $300 value Can be used for a weekend getaway or shopping spree

So, by spending $500 each month on your new Cobalt Card, you can earn a lot of points that can be turned into real savings for travel or shopping.

Eligibility for the American Express Cobalt® Card

Before you apply for the American Express Cobalt® Card, ensure that you have a positive answer for each of the following questions in order to save yourself some time:

  1. You are a citizen or permanent resident of Canada, and you have a credit file in Canada.
  2. You have reached the age of majority in the state, territory, or province in which you currently reside.
  3. The American Express Cobalt® Card does not require a minimum monthly income; however, in order to be approved for the card, you will need a strong credit score. Additionally, there is an annual fee of $155.88 ($12.99 per month), which must be paid in full.
  4. The initial spending limit on the AmEx Cobalt card is assigned after taking into consideration your credit card history as well as other variables; as a result, it varies from person to person.

How to Obtain the American Express Cobalt® Card

The American Express Cobalt Card is one of the most accessible American Express cards to obtain approval for. Because there are no criteria specifying a minimum income level, this opens the door for anyone to submit an application.

Why Choosing the American Express Cobalt® Card

The AmEx Cobalt Card offers a comprehensive package of benefits tailored for people who enjoy dining, travel, and entertainment. With high rewards rates on categories like food and travel, and a variety of insurance coverages, it’s a strong all-around card. Plus, you get exclusive access to events and experiences, making it more than just a payment tool but a lifestyle enhancer.

The American Express Cobalt® Card in Conclusion

The American Express Cobalt Card has consistently ranked as one of the top credit cards in Canada, and 2023 is no exception. 

Should you get the Cobalt Card?

In conclusion, the American Express Cobalt Card is arguably one of the best credit cards in Canada. Its impressive points system, welcome bonus, travel perks, and insurance coverage make it a standout choice for many. If you’re looking for a versatile and rewarding credit card, the Cobalt Card is certainly worth considering.


Q1: What are the key reward categories for the American Express Cobalt® Card?

A1: You can earn up to 5X points on dining and drinks, 3X on streaming subscriptions, 2X on travel and transit, and 1X on everything else.

Q2: What special offers can new Cobalt Cardmembers expect?

A2: New members can earn up to 30,000 Membership Rewards points in the first year by spending $500 each month, which can be converted to up to $300 value.

Q3: What types of insurance does the Cobalt Card offer?

A3: The card provides various insurance coverages including medical up to $5M, flight delay up to $500, and car rental theft and damage up to $85K MSRP.

Q4: What exclusive experiences does the Cobalt Card offer?

A4: Cardholders get early access to concerts, special dining events, VIP treatment at venues, and more through American Express Experiences.

Q5: Why should someone consider getting the American Express Cobalt® Card?

A5: It’s a versatile card with high rewards rates, comprehensive insurance coverages, and exclusive access to events and experiences, making it a great lifestyle enhancer.