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American Express Cobalt® Card

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Rates and Fees

Bonus Miles
Bonus Points
Recommended Credit
670 - 850
Annual Fee
Current Offer

Earn 1,250 Membership Rewards points for every month you spend $750 (for the first 12 months).

All information about the American Express Cobalt® Card has been collected independently by Daily Drop.

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit to learn more.


This is certainly one of the best starter cards for Canadians. Not only does it have a low monthly fee, but it also earns valuable Membership Rewards points that can be transferred to airline and hotel programs. It's a valuable card without the high price tag or fuss of a premium card. The highlight of the card is that it earns 5X points on ALL eats and drinks including groceries, dining, bars, and even some gas stations/convenience stores. It's great for racking up a lot of points!

Earning Rewards

  • 5X points per $1 on dining and food delivery
  • 3X points per $1 on streaming services
  • 2X points per $1 on travel
  • 1x points per $1 on everything else

Additional Benefits

  • Transfer your points to airline and hotel partners
  • Amex offers for various merchants
  • Monthly fee instead of annual fee

Foreign Transaction Fee

  • 2.5% of transaction amount in CAD

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