In the realm of credit card rewards in Canada, one card reigns supreme: the American Express Cobalt Card. As a discerning spender seeking maximum value, I found my jackpot with this exceptional card, particularly due to its unmatched benefits in the areas I prioritize the most: groceries, food delivery and dining.
Earning points with the Cobalt Card is a breeze. With a welcome bonus currently standing at 15,000 membership rewards points split among 12 monthly instalments of 1,250 points for $750 spent on each billing cycle, and the potential to earn 5X points on grocery purchases at popular stores like Walmart, Calgary Co-op, FreshCo as well as on food delivery through platforms like Uber Eats, the rewards quickly add up. Additionally, dining out becomes even more satisfying with 5X points at eligible restaurants.
But the perks don’t stop there. The Cobalt Card offers 3X points on streaming services like Netflix, Disney+, 2X points on travel-related expenses such as Uber rides, plane tickets, and 1X points on all other purchases. Plus, utilizing Amex’s online travel portal for hotel and rental car bookings earns an extra point per dollar spent.
Despite the incredible benefits, the monthly fee of $12.99 may seem daunting at first glance. However, when weighed against the value derived from the membership rewards points, it becomes a negligible cost. Personally, I find it a small price to pay for the luxury of earning substantial rewards on my everyday expenditures.
As a frequent traveler, redeeming my accumulated membership points is where the real magic happens. By transferring points to Aeroplan at a 1:1 ratio, I’ve been able to secure business class seats on long-haul flights, elevating my travel experiences to new heights of comfort and style.
If you’re considering applying for the American Express Cobalt Card, I invite you to support my blog by using my referral link. Not only will you unlock a world of valuable membership points, but you’ll also help me earn a referral bonus—a win-win scenario for both of us.
https://americanexpress.com/en-ca/referral/lENITN0YYV?XL=MNMNS
In conclusion, the American Express Cobalt Card stands as the undisputed champion of credit cards in Canada, offering unparalleled rewards and benefits tailored to the discerning spender.