Rewards card · American Express
American Express Cobalt Card
American Express · Amex · rewards
Below is every rate the American Express Cobalt Card earns, each one quoted from American Express's own terms with the clause and the date we checked it. The $155.88 annual fee is shown on its own, never subtracted from a rate.
5 pts
Top rate
1 pt
Base rate
$155.88
Annual fee
2.5%
FX fee
Last updated Reviewed by
This card also earns a place on Verdict's best-of rankings for groceries, dining, gas, transit and streaming.
Everything it earns
every rate quoted from American Express's terms · annual fee shown separately, never netted5 pts
≈ 5% back
Diningverified Jul 2, 2026Read the clause
Verbatim clause from American Express's terms
“Earn 5 points for every $1 at restaurant, quick service restaurant, coffee shop and drinking establishments in Canada.”
Cap $2,500 / mo
Read the source termsGroceriesverified Jul 2, 2026Read the clause
Verbatim clause from American Express's terms
“Earn 5 points for every $1 at stand-alone grocery stores in Canada.”
Cap $2,500 / mo
Read the source terms3 pts
≈ 3% back
Streamingverified Jul 2, 2026Read the clause
Verbatim clause from American Express's terms
“Earn 3 points for every $1 spent on eligible streaming subscriptions in Canada.”
Cap No cap
Read the source terms2 pts
≈ 2% back
Gasverified Jul 2, 2026Read the clause
Verbatim clause from American Express's terms
“Earn 2 points for every $1 on eligible travel and transit, including gas stations, taxis, rideshares and public transit in Canada.”
Cap No cap
Read the source termsTransitverified Jul 2, 2026Read the clause
Verbatim clause from American Express's terms
“Earn 2 points for every $1 on eligible travel and transit, including gas stations, taxis, rideshares and public transit in Canada.”
Cap No cap
Read the source terms1 pt
≈ 1% back
Everything elseverified Jul 2, 2026
The everyday earn outside any bonus category, no cap
Annual fee
Shown on its own, never subtracted from the rates above
$155.88
Foreign transaction fee
On purchases in a currency other than Canadian dollars
2.5%
How we verify
Every rate on this page is quoted from American Express's current terms and dated the day we last checked it. When the terms change, the page regenerates. Reviewed by Spotted something off? or email us at
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