This post may contain affiliate links.
🥇 Your Everyday Points Powerhouse
If you’re looking for one go-to card to earn travel rewards quickly from your daily spending, the American Express Cobalt® Card is hands-down one of the best. It offers top points on groceries, dining, and transit, with an opportunity to rack up many points from everyday spending fast. American Express Membership Rewards® are flexible too, with transfer options to major airline and hotel programs, making this card a favourite for everyday.
Why It’s Great
* Flexible points.
* Transfer to may popular reward programs such as Aeroplan®, Marriott Bonvoy®, and more.
* Perfect for new Canadians and first time cardholders.
* Amazing for students, young professionals, and foodies.
Earning Points Rate
* You’ll earn 5x points per $1 on restaurants, groceries and food delivery in Canada up to $2,500 a month
* 2x points per $1 on Gas, Transit & Ride Share
* 1x points per $1 on everything else.
Sign-Up Bonus
1,250 points per month when you spend $750 a month for the first year.
That’s 15,000 points in your first year on top of your regular spending.
Fee
$12.99 Monthly fee, which pays for itself quickly if you’re spending on food & drinks.
Earning Example
🍕 Spend $1,000/month on groceries and dining = 5,000 points/month
🚗 Spend $375/month on gas = 750 points/month
➕ Add 1,250 monthly bonus points
📈 That’s 7,000 points a month, or 84,000 points in a year, which is enough for several round-trip flights within North America, a round trip to Europe or multiple hotel nights.
Don’t Miss Out
Now is the best time to apply. The card comes with valuable perks, and its welcome bonus has been declining. Take advantage while the offer is still strong