Please note this offer is no longer available. You can find current offers here.
It’s no secret that our favourite credit card is the
Winning multiple awards every year since its inception (including best credit card 3 years in a row), the Amex Cobalt card is a smart addition to almost any wallet.
And now, there’s an extra perk attached to the welcome bonus, making it even more tempting for potential new cardholders.
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Earn 10x the points at Amazon for the first 3 months
New Amex Cobalt cardholders get access to an exclusive Cobalt perk.
Apply by January 13, 2021, and you’ll earn 10x the points at Amazon.ca for the first 3 months, up to $500 in eligible spend (which does not include taxes and shipping).
On that $500 in spend, you’re earning an additional 4,500 points. With an Amex Membership Rewards point value of up to 1.75 cents, these points are worth up to $78. You have to apply by January 13, 2021 to get this offer.
And don’t forget the card’s standard welcome bonus either. You’ll earn 2,500 bonus points every month you spend $500 in the first year, for a total of 30,000 points, which are worth up to $525.
Amex Cobalt card details
Intrigued by the offer but don’t know much about the
What makes this our top rated credit card are the rewards. You’ll earn plenty of points at these rates:
- 5 points per $1 spent on eligible grocery and restaurant purchases,
- 2 points per $1 spent on eligible gas, transit, and travel purchases, and
- 1 point per $1 spent on all other eligible purchases.
When redeemed for travel through the Fixed Points Travel Program, you’re looking at a return of between 1.75% to 8.75%. These high earn rates are what separates this card from the pack.
Here are a few other high value ways to use your Membership Reward points, and what your points are worth for each:
- Transfer to Marriott Bonvoy: 1.16 cents
- Redeem for any travel: 1 cent
- Statement credits or shopping at Amazon: 0.7 cents
From time to time, there are other Amex Cobalt Perks that become available, like this recent 5x the points offer at Amazon.ca.
To top it off, it’s for an annual fee of $120, that gets charged out as $10 per month.
Your thoughts
It’s an easy offer to take advantage of, and will help rack up your points bank.
What are your thoughts on this new Amex Cobalt offer?
Let us know in the comments below.
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