Introduction
Are you a Canadian looking for a new credit card? If you want a card that gives you a lot of benefits and rewards, then the American Express Cobalt Card may be the right choice for you. This card is designed to give Canadians a lot of value for their money, and it has many features that make it stand out from other credit cards in Canada.
What is the American Express Cobalt Card?
The American Express Cobalt Card is a credit card designed specifically for Canadians. It was launched in 2017 and has quickly become one of the most popular credit cards in Canada. The card offers many benefits and rewards, including a generous welcome bonus, travel rewards, and points for everyday purchases.
Benefits of the American Express Cobalt Card
One of the biggest benefits of the American Express Cobalt Card is the welcome bonus. When you sign up for the card and spend $3,000 in the first three months, you will receive 30,000 Membership Rewards points, which can be redeemed for travel, merchandise, or gift cards. This is a great way to start off with a lot of rewards points.
Another benefit of the American Express Cobalt Card is the rewards program. You can earn 5 Membership Rewards points for every $1 you spend on eligible eats and drinks, including groceries, restaurants, bars, and cafes. You can also earn 2 Membership Rewards points for every $1 you spend on eligible travel and transit purchases, including flights, hotels, taxis, and public transportation.
There are many other benefits of the American Express Cobalt Card, including travel insurance, purchase protection, and access to exclusive events and experiences.
How to Use the American Express Cobalt Card
If you want to get the most out of your American Express Cobalt Card, there are a few things you should do. First, use the card for all of your eligible eats and drinks and travel and transit purchases. This will help you earn a lot of rewards points quickly.
Second, make sure you pay off your balance in full every month. This will help you avoid interest charges and keep your credit score in good shape.
Finally, take advantage of the many benefits of the American Express Cobalt Card, including travel insurance and purchase protection. These benefits can save you a lot of money and give you peace of mind when you travel or make purchases.
Conclusion
The American Express Cobalt Card is a great credit card choice for Canadians who want a lot of benefits and rewards. With its generous welcome bonus, rewards program, and many other benefits, this card is designed to give Canadians a lot of value for their money. If you are looking for a new credit card, consider the American Express Cobalt Card and start earning rewards today.