THIS OFFER IS NO LONGER AVAILABLE
The overall best travel rewards credit card in Canada (and in fact a pretty strong cash back card in its own right) has enjoyed its best ever welcome bonus since January and that offer will be wrapping up in two weeks! The card is the American Express Cobalt Card and ever since it launched late in 2017 it has been the number one card in Canada. There are several reasons for this but it primarily comes down to the card earning 5x points on eats and drinks (it was one of the first cards to award that many points on purchases) but also providing good redemption value for those 5x points and even the rest of the points the card earns a 2x and 1x. On top of that the card lets you convert points to Marriott Bonvoy which can then in turn be converted to 40+ airline programs including Aeroplan. Really, the card gives you a little bit of everything.
Here are just a few of our articles that support this card being the best in Canada:
- Yes, you can achieve a return of 20% or higher on your credit card spending
- Why the American Express Cobalt Card is the best card to get for your future travel plans
- and many more can be found here: American Express Cobalt Card Resources on Rewards Canada
Rather than charging an annual the card has a monthly of $10 fee which equates to the same $120 per year you see on most cards that compete with the Cobalt Card. You can expect more posts coming from us about this awesome new sign up offer as we'll delve deeper into what you can use those points but for now we just wanted to get this news out to our readers so that you can start racking up those points right away!
Now you may ask what will the bonus be as of tomorrow. We don't know that just yet but if our 20 years of experience tell us anything it won't be any better than this and most likely will be lower. If anything American Express may extend the offer in which you wouldn't be losing out on any value but there is the very strong possibility they'll drop it back down to its regular 30,000 point welcome bonus. The shot to take is yours but I know if we didn't already have two Cobalt accounts in our household I would definitely be grabbing the card right now.
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