Are you a Canadian resident looking for a rewarding credit card? Look no further than the American Express Cobalt Card. This comprehensive guide will walk you through its advantages, disadvantages, and how to apply.
Advantages of the card American Express Cobalt Card
The American Express Cobalt Card offers a multitude of advantages, including:
- Earn up to 15,000 Membership Rewards points in your first year
- 5X points on eats & drinks, 3X points on streaming subscriptions, 2X points on travel & transit, and 1X points on everything else
- Access to Front Of The Line presale and reserved tickets for events
- Special benefits with The Hotel Collection and Member extras
- Flexible redemption options for purchases using Membership Rewards points
- Cobalt Perks program for additional value from top brands
- Comprehensive coverage including mobile coverage, travel coverage, and shopping coverage
- World-class customer service available anytime, anywhere
- Exclusive offers for shopping, dining, travel, and more
Disadvantages of the card American Express Cobalt Card
While the American Express Cobalt Card offers numerous benefits, it’s essential to consider its potential drawbacks, such as:
- Monthly fee of $12.99 ($155.88 per year)
- Annual interest rate of 21.99% on purchases and funds advances
- Eligibility criteria including Canadian residency and age of majority
Extra features offered by the American Express Cobalt Card
In addition to its rewards program and coverage options, the American Express Cobalt Card provides extra features such as borrowing options through Plan ItTM – The American Express Installment Program.
Learn how to apply for your credit card American Express Cobalt Card
Applying for the American Express Cobalt Card is quick and easy. You can apply online through the American Express website or via the mobile app. Additionally, you can apply in person at a local agency.
Discover the main ways to apply for the card American Express Cobalt Card
There are several ways to apply for the American Express Cobalt Card, including:
From the site
Visit the American Express website, navigate to the Cobalt Card page, and follow the instructions to apply.
From the site App
Download the American Express mobile app, log in or create an account, and apply for the Cobalt Card directly from your device.
By agency
Visit a local American Express agency, where a representative can assist you with the application process.
The American Express Cobalt Card offers a wealth of benefits for Canadian residents, from robust rewards to comprehensive coverage and exclusive perks. While it comes with a monthly fee and annual interest rate, the value it provides through its rewards program and additional features make it a compelling choice for those seeking a rewarding credit card experience. Apply now and start maximizing your rewards today!
