Just a moment
American Express Cobalt® Card vs American Express Gold Rewards Card®
Which one is better? Both cards worked out on the same spending: rewards, welcome bonus, fees and perks, line by line.
Just a moment
Which one is better? Both cards worked out on the same spending: rewards, welcome bonus, fees and perks, line by line.
Each offer as the issuer words it. The numbers below show whether your spending reaches it.
Earn 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 in purchases on your amex cobalt credit card in the first Year. That's up to 15,000 Membership Rewards® points.
Rewards, the welcome bonus and any Finly rebate in, the annual fee and FX fees out, all on your spending.
Worked out on a typical $2,000 a month of spending. Enter yours to see your own numbers.
$1,147
First-year value
$1,427
$787
Every year after
$287
Amex Gold is worth $280 more to you in year one.
From year two, Amex Cobalt pulls ahead by $500 a year.
Annual rewards
$979.03
51,528 points a year
Welcome bonus
+ $285
first year only
Annual fee
− $191.88
Finly rebate
paid by FinlyWealth
First-year value
$1,147.15
Annual rewards
$536.71
28,248 points a year
Welcome bonus
+ $1,140
first year only
Annual fee
− $250
First-year value
$1,426.71
A year of your spending at each card's own reward rates, most first.
5xFood, drinks and groceries in Canada
32,604 pts
$619.48
2xGas, transit & ride share in Canada
4,692 pts
$89.15
3xStreaming subscriptions in Canada
1,440 pts
$27.36
1xAll other purchases
12,792 pts
$243.05
2xGas, Groceries, Pharmacy
9,804 pts
$186.28
2xTravel
2,400 pts
$45.6
1xAll other purchases
16,044 pts
$304.84
What each card costs to hold and to use abroad, and who it's for.
Annual fee
Additional cards
Purchase:
21.99%1
Cash Advance:
21.99%1
1 If you have 2 separate missed Payments, the applicable rates for your account will be 25.99%. If you have 3 or more separate missed payments, the applicable rates will be 29.99%.
Purchase:
21.99%2
Cash Advance:
21.99%2
2 Subject to approval. The preferred rate for purchases is 21.99% and funds advances is 21.99%. If you have Missed Payments, the applicable rates for your account will be 25.99% and/or 29.99%. See the information box included with the application for the definition of Missed Payment and which rates apply to charges on your account and other details.
Min Personal Income:
N/A
Min Household Income:
N/A
Min Personal Income:
N/A
Min Household Income:
N/A
The earn rates and caps, as each issuer sets them.
Points become dollars at each card's best redemption. Here's the value we used, and every other way to spend them.
We count each point at 1.9¢ a point, what it's worth redeemed for Transfer to Airline Partners, its best value. Every dollar figure above uses that value.
We count each point at 1.9¢ a point, what it's worth redeemed for Transfer to Airline Partners, its best value. Every dollar figure above uses that value.
Most Optimal
Transfer to Airline Partners
Fixed Point Travel Program
Transfer to Hotel Partners
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Flexible Points Travel Program
Statement Credits (Cash)
Gift Cards
Amazon.ca
Merchandise
Most Optimal
Transfer to Airline Partners
Fixed Point Travel Program
Transfer to Hotel Partners
Flexible Points Travel Program
Statement Credits (Cash)
Gift Cards
Amazon.ca
Merchandise
What both cards include comes first in each list.
Lost or Stolen Baggage
Baggage Delay
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Car Rental Damage & Theft
Common Carrier Travel Accident Insurance
Extended Warranty
Purchase Protection
Hotel Burglary Insurance
Travel Medical Insurance (64 & under)
Flight Delay
Mobile Device Insurance
Lost or Stolen Baggage
Baggage Delay
Car Rental Damage & Theft
Common Carrier Travel Accident Insurance
Extended Warranty
Purchase Protection
Hotel Burglary Insurance
Travel Medical Insurance (64 & under)
Flight Delay
Trip Cancellation
Trip Interruption
Amex Experiences™
American Express® Experiences
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Status lift
Extra points
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Travel Credit
Nexus Program Rebate
Complimentary Hotel Benefits
Airport Lounge - Priority Pass
Airport Lounge - Plaza Premium
This card was voted one of the Best Credit Card in Canada by FinlyWealth. The rewards earned on this card for a person with average spending exceed those of other credit cards in Canada by a huge margin! In addition, this card has a good benefits coverage, a flexible amex cobalt bonus points redemption program (1:1 transfer to Aeroplan® or Avios), making it the best candidate to become the main credit card for the majority of people.
The American Express® Gold Rewards Card is an excellent choice for travelers seeking an entry-level card that offers a strong balance of generous travel benefits without excessive costs. With a relatively low annual fee, this card provides flexibility and a range of perks that make it stand out among other options. It’s ideal for those who want to maximize their travel rewards without being tied to a specific airline or compromising on the benefits offered.
Other cards we've put each of these up against.
vs Amazon Rewards Mastercard
vs Amex Aeroplan Reserve
vs Amex Aeroplan®
vs Amex Gold
vs Amex Green
vs Amex Marriott Bonvoy
vs Amex Platinum
vs Amex SimplyCash
vs Amex SimplyCash™ Preferred
vs BMO CashBack World Elite
vs CIBC Aeroplan Visa Infinite
vs CIBC Costco Mastercard
vs MBNA Rewards World Elite
vs Neo Mastercard®
vs Neo World Elite® Mastercard – Gas & Grocery
vs PC World Elite Mastercard
vs RBC ION Visa
vs RBC ION+ Visa
vs Rogers Red
vs Rogers Red World Elite
vs Scotia Amex Gold
vs Scotia Momentum Visa
vs Scotia Momentum Visa Infinite +
vs Scotiabank Passport
vs Simplii Financial Visa Card
vs Tangerine Money-Back
vs TD Aeroplan Visa Infinite
vs TD Aeroplan Visa Infinite Privilege
vs TD First Class Travel
vs Walmart Mastercard
vs Walmart World Mastercard
Legal
*Terms and conditions apply.
If you have 2 separate missed Payments, the applicable rates for your account will be 25.99%. If you have 3 or more separate missed payments, the applicable rates will be 29.99%.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.
*Terms and conditions apply.
Subject to approval. The preferred rate for purchases is 21.99% and funds advances is 21.99%. If you have Missed Payments, the applicable rates for your account will be 25.99% and/or 29.99%. See the information box included with the application for the definition of Missed Payment and which rates apply to charges on your account and other details.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.
