The American Express Cobalt™ credit card is ideal for those who enjoy earning and redeeming reward points.
This card has a low monthly fee and no minimum income requirement, making it a suitable option for nearly all consumers.
Travellers, in particular, can benefit from the great travel perks offered by The American Express Cobalt™, including several types of travel insurance.
From great rewards to entertainment and travel perks, the American Express Cobalt™ card has many favourable benefits.
One of the most attractive features of the American Express Cobalt™ is the opportunity to earn membership rewards points.
Cardholders can earn points in the following ways:
American Express Cobalt™ also offers cardholders the ability to earn up to 45,000 bonus membership rewards points in their first year. To earn these bonus points, cardholders must meet the following minimum purchase requirements:
One of the greatest perks provided by Amex credit cards is access to live events. Through American Express’ Front of The Line, a partnership with Live Nation, cardholders can experience the following:
In addition to room upgrades and discounted amenities at various hotels and resorts, the American Express Cobalt™ also comes with several types of travel insurance.
Travelling with an American Express Cobalt™ credit card provides:
Cardholders also receive top-quality customer service with the American Express Cobalt™ credit card. This includes:
Interest: 19.99% (purchases), 21.99% (cash advances)
Minimum age: Age of majority in your province or territory.
Card Network: American Express
Yearly Fee: $120 (or $10 per month)
Max Credit: $20,000
Interest-Free Days: Like most Canadian credit cards, the American Express Cobalt™ provides cardholders with a 21-day interest-free grace period.
Currency Exchange Fees: 2.5% on all foreign transactions and foreign ATM withdrawals.
Additional Cards: Additional cards can be requested at no extra charge. However, to receive additional cards, the account must be well maintained and minimum payments must always be made. Additional cardholders must be 13 years of age or older. A cardholder may get up to 9 additional cards.