AMEX Colbalt Card (Canada) | The Point Calculator

AMEX Cobalt Card

Canada
5x Dining
5x Grocery
2x Travel
2x Gas Station
2x Transit

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The AMEX Cobalt is a Membership Rewards Point earning carded offered by the AMEX Bank of Canada. It's a great well rounded card that can easily help rake up points on travel and dining.

Bonus Categories

The AMEX Cobalt features several categories but most of the category overlap and intersect with one another. This can be summed up with five main categories which are grocery shopping, dining, travel, transit, and gas station purchases. The grocery and dining category has a yearly max of $30,000 per year while the remaining categories have no cap. There is no limit to the amount of Membership Rewards Points you can earn with the card.

5x Grocery

The AMEX Cobalt card earns 5 Membership Rewards Points per $1 spent at grocery stores. These apply to stand-alone grocery stores in Canada. This category has a combined max with the dining category of $30,000 in spend per year. After hitting that max, you will only earn 1 Membership Rewards Point per $1 spent on grocery and dining purchases.

5x Dining

The AMEX Cobalt card earns 5 Membership Rewards Points per $1 spent on dining out. This includes restaurants, fast food, bars, caf├ęs, and food delivery in Canada. This category shares it's $30,000 bonus max with grocery. Once you hit that max, both 5x categories will earn 1 Membership Rewards Point per $1 spent.

2x Travel

Using the AMEX Cobalt on travel purchases will earn 2 Membership Rewards Points per $1 spent. This includes travel services or travel booking including airfare, cruises, rail, and road transportation.

2x Transit

The AMEX Cobalt Card earns 2 Membership Rewards Points per $1 spent on transit. This includes local commuter transportation in Canada including subway, streetcar, taxi, limousine, and ride sharing services.

2x Gas Station

Gas station purchases with the AMEX Cobalt Card will earn 2 Membership Rewards Points per $1 spent. This is for stand-alone automobile gas stations in Canada.

1x Non-Category

All purchases on the AMEX Cobalt Card outside of the categories listed above will earn 1 Membership Reward Point per $1 spent.

Perks and Benefits

The AMEX Cobalt Card comes with a few perks and benefits.

AMEX Invites

AMEX Invites offers several benefits when it comes to the world of entertainment. This includes Front Of The Line Advanced Access and Reserved Tickets, special offers and experiences for cardmembers, and more. It's a great way to obtain tickets to great, exclusive events.

The Hotel Collection

AMEX Cobalt Cardholders will receive access to The Hotel Collection from American Express. This offers a $100 USD hotel credit on charges to the room such as dining, spa, and golf as well as complimentary room upgrades at check-in when available. A minimum of two consecutive nights must be booked on the American Express Travel using an American Express card.

Standard AMEX Benefits

The AMEX Cobalt also comes with the standard AMEX benefits including, but not limited to:

  • Flight Delay Insurance
  • Baggage Delta Insurance
  • Lost of Stolen Baggage Insurance
  • Car Rental Theft & Damage
  • $250,000 Travel Accident Insurance
  • Purchase Protection Plan
  • Buyer's Assurance Protection Plan

Sign Up Bonus

New American Express Cobalt Cardholders can earn up to 30,000 Membership Rewards Points during the first year. Members will earn 2,500 points for each monthly billing period in which they spend $500 in purchases on the card.

Credit Card Fees

Fees
Annual Fee
Authorized User Fee
Foreign Transaction Fee

Annual Fee

The annual fee for the AMEX Cobalt Card is $10 per month charged on the 1st statement after the card is issued and once a month thereafter.

Authorized User Fee

There is no authorized user fee for the AMEX Cobalt Card.

Foreign Transaction Fee

The charge for making foreign purchases on the AMEX Cobalt Card is 2.5% of each charge. That makes this card not the best choice for purchases in which you cannot pay in CAD.

and Card Value Calculator

You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.

All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any another rewards card side-by-side by clicking on the Compare A Card button.
Compare A Card
Compare A Card
Select a card from the list below to compare it side by side against this card. You can search by card name (e.g. chase sapphire reserve, uber visa) or by rewards program (e.g. thankyou points, membership rewards points).
Currency Worth
This is the cash value of points and miles used in these calculations. You can click on the amount to change the value or you can select View Rewards As to calculate your rewards when transferred to partners.
View Rewards As...
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0 Cent(s)
View Rewards As...
This section allows you to view your rewards as if you transferred them to a partner. Select a transfer partner below and the calculator will alter the calculator to reflect the transfer ratio and the reward currency of the receiving program. This only applies to the currency of the selected card. Not all programs have transfer partners. I also do not have the cash value of points and miles for all transfer partners.
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Edit Value
Enter the cash value of these rewards in cents per point/mile. You can enter the value as X.XX cents or 0.0XXX cents. The maximum value allowed is 15 cents ($0.15) and the minimal value is 0.1 cents ($0.001).
Loyalty/Rewards Programs
Covers hotel loyalty status, status with bank rewards programs, and few others. These are added automatically based on card selection, but can be manually added as well.
/ Loyalty Programs
Add/Remove Loyalty Programs
Select which loyalty programs you want to include in the calculations. You will be able to select your status with the program and it will calculate additional points/bonuses based on what you enter in the calculator.
Loyalty Programs
Other Bonuses
All card card specific bonuses will be listed here. These are added automatically based on the selected card(s).
Categories Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value. You can use +/- Categories to add and remove categories from the list and Options to copy spend between columns and clear all spend.
/ Categories
Options
Add/Remove Categories
Select which categories you want to appear in this calculator. You can search categories by typing in a keyword below. De-selecting categories will remove them from this calculator. Categories are changed once you hit 'Update'.
Currently Selected:
Deselect All
Clear Spend
This will clear the spend in all of the categories in both columns. This will also clear all saved values.
Copy Spend
Copy Right will take the spend from the left column and copy it to the right column. Copy Left will take the spend from the right column and copy it to the left column. The spend amount ($) and unit of time (month, day, quarter) will be copied over.
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Reward Bonuses
This section holds sign up bonuses, loyalty bonuses, and bonus bonuses. Most bonuses here will be listed automatically based on certain criteria. You can click 'Extra Bonus' if you wish to enter your own bonus amount.
Extra Bonus
Any additional bonuses you wish to add such as a sign up bonus or point bonus for adding authorized users
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Total Earnings
Sum of all rewards above this line.
Cash Value of Earnings
Based off of currency worth.
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Monetary Bonuses/Perks
This is a list of cash perks and bonuses associated with the selected card(s). Some perks will be listed here automatically. You can click on 'Perk Bonus' if you want to add additional value for the card.
Perk Bonus
Enter how much you value any unmentioned perks this card offers.
$0
Annual Fees
This section contains the annual fee and authorized user fee (if applicable) to hold on to the listed card(s).
$0
Edit Fees
Edit the annual fee and authorized user fee of the Card (if applicable).
Annual Fee: -
Auth Fee: -
Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card when everything is taken into account.
$0
Total Return
The percent you are earning per dollar spent on this card.
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Page Last Updated: 2019-07-09

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