UPGRADE YOUR WAY TO NEW REWARDS

American Express Cobalt Card^® Awards^‡

Earn More Points with Cobalt

With your current Card, you receive 1x points on everyday purchases and 1 additional point on Amex Travel Online for eligible hotel or car rental bookings.⁸*

When you upgrade to the Cobalt^® Card, you can earn even more points:

*Upgrade subject to approval. The preferred rate for purchases is 21.99% and funds advances is 21.99%. 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 28.99%. See the Information box included with the application for the definition of Missed Payment and which rates apply to changes on your account and other details. 

1. Welcome Bonus –  Account must be in good standing. This offer is only available to new Cobalt Cardmembers. For current or former Cobalt Cardmembers, we may approve your application, but you will not be eligible for this offer if you currently have this Card or had this Card in the past 24 months.  To qualify for the 15,000 Bonus Membership Rewards^® points, you must have at least $2,000 in net purchases posted to your account in your first 3 months of Cardmembership. Please allowup to eight weeks for the Welcome Bonus to be awarded. Membership Rewards points will be earned by the Basic Cardmember on the amount of purchases, less credits and adjustments. Interest charges, annual fees, other fees and cash equivalent transactions are not purchases and do not qualify for Membership Rewards points. Offer subject to change at any time.

2. Use Points for Purchases - You can redeem Membership Rewards points for a statement credit towards an Eligible Purchase charged to an Eligible Card. All Eligible Purchases: 1,000 points = $10 statement credit. You must redeem a minimum of 1,000 points per redemption. Eligible Purchases include purchases made at American Express merchants and charged to an Eligible Card. Funds advances, fees, balance transfers, Amex cheques and charges for travellers cheques are not Eligible Purchases. American Express may make changes to the types of purchases that are eligible for redemption with Use Points for Purchases at any time without notice. Eligible Cards are Consumer and Small Business Cards enrolled in the Membership Rewards program. Statement credits on your Card Account should not exceed the aggregate amount of the Eligible Purchase(s) on your Eligible Card. You can register for Online Services to view your Eligible Purchases and to redeem online. Only Eligible Purchases posted to your Card Account during the last 3 months, up to 150 most recent Eligible Purchases, will be displayed for redemption. If you wish to redeem points towards an Eligible Purchase within the last 12 months that is not displayed online, please contact us at the number listed on the back of your Card.

Subject to Membership Rewards Terms and Conditions. Visit membershiprewards.ca for full Terms & Conditions of the Membership Rewards program or call 1 800 668 AMEX (2639). Small Business Cardmembers, please call 1-888-721-1046.

3. Account must be in good standing. An additional card is a supplementary card. No annual fee for supplementary cards. Supplementary Cardmembers must be at least 13 years old. Maximum of 9 supplementary cards per account.

4. You can earn Membership Rewards points for eligible consumer purchases at American Express retail merchants as follows: Earn 5 points for every $1 at (i) restaurant, quick service restaurant, coffee shop and drinking establishments in Canada, (ii) stand-alone grocery stores in Canada, (iii) delivery of food and groceries in Canada as a primary business, up to a combined maximum of $2,500 in net purchases posted to your account monthly on these categories. Once the maximum is reached, you will no longer earn at 5 points for every $1 regardless of credits, returns and adjustments. Earn 1 point for every $1 thereafter. Calculation resets to zero on the 1st of each month. Earn 3 points for every $1 on eligible streaming subscriptions at select providers in Canada. The current list of providers is available at americanexpress.ca/streaming. Purchases with merchants that are not on the list or that are on the list but bundled with another product or service or billed by a third party such as a digital platform or a cable, telecommunications or internet provider, or a car manufacturer, are not eligible. Earn 2 points for every $1 at or for (i) stand-alone automobile gasoline stations in Canada and (ii) local commuter transportation in Canada including subway, streetcar, taxi, limousine and ride sharing services. Purchases at merchants where these categories are not their primary business such as general merchandise retailers do not qualify. Merchants are typically assigned codes and categorized based on what they sell. Earn rate of 1 point for every $1 applies when the merchant code is not in an eligible category, using a payment account or service of a third party, a card reader attached to a mobile phone, or online retailer that sells goods of other merchants, or the merchant category is otherwise not identified. Interest charges, annual fees, other fees and cash equivalent transactions are not purchases and do not qualify for Membership Rewards points.

5. Underwritten by Chubb Life Insurance Company of Canada (“Chubb Life”). You may contact the insurer at 1-877-777-1544 in Canada or visit www.chubb.com/ca.

6. Underwritten by Royal & Sun Alliance Insurance Company of Canada. You may contact the insurer at 1-888-877-1710 in Canada and the U.S. or visit www.rsagroup.ca.

7. Various offers will be available to Cobalt Cardmembers from time to time. These offers will be communicated by email and other select channels. Conditions apply and vary by offer.

8. Additional Membership Rewards^® point – Basic Cardmembers can earn one additional bonus Membership Rewards point for every dollar charged to your American Express Green^® Card for eligible hotel and car rental bookings (less credits and adjustments) made through the American Express Travel website where American Express Travel (not the hotel or car rental

company) is the merchant. Hotel bookings under The Hotel Collection program are not eligible for this bonus Membership Rewards points offer. The number of bonus Membership Rewards points is calculated by multiplying each eligible transaction by one subject to rounding. Terms and Conditions of the Membership Rewards Program apply. In order to redeem points for any travel booking, the Membership Rewards Program account must be active and the Card must be in good standing.

®, TM: Used by Amex Bank of Canada under license from American Express.

†:All insurance coverage is subject to the terms and conditions of the respective master policies. Certain limitations, exclusions and restrictions apply. Please read your Certificates of Insurance carefully. If you are a Quebec resident, please read your Insurance Summary and Fact Sheet.

‡:American Express Cobalt^® Card. Winner of Best Rewards Credit Card in 2023, as voted by creditcardGenius. Learn more by visiting https://creditcardgenius.ca/blog/best-credit-cards. The publisher who granted this award may receive a referral fee or other compensation from American Express if you apply for this card through their website.

‡:American Express Cobalt^® Card. Winner of Top Overall Travel Rewards Credit Card in 2023, as voted by Rewards Canada. Learn more by visiting https://www.rewardscanada.ca/best-credit-card-in-canada/. The publisher who granted this award may receive a referral fee or other compensation from American Express if you apply for this card through their website.

‡:American Express Cobalt^® Card. Winner of Best Credit Card for Dining in 2023, as voted by Milesopedia. Learn more by visiting https://milesopedia.com/en/best-credit-cards-ranking/. The publisher who granted this award may receive a referral fee or other compensation from American Express if you apply for this card through their website.

‡:American Express Cobalt^® Card. Winner of  Best Card for Young Professionals in 2023, as voted by Rates.ca. Learn more by visiting https://rates.ca/credit-cards#rewards-young. The publisher who granted this award may receive a referral fee or other compensation from American Express if you apply for this card through their website.