See How to Apply for the American Express Cobalt Credit Card

What do I need to know before applying?

The American Express Cobalt is an Amex-branded card that offers a new member bonus of up to 15,000 Membership Rewards points! 

The credit card is another great option directly from American Express, one of the leading brands in the American market. 

By receiving one of the many Amex cards, you’ll have support for managing your daily life. 

The American Express Cobalt comes with a credit limit that aligns well with the financial reality of each applicant, offering a great option for a monthly limit. 

In terms of costs, the card has a monthly fee of $12.99, equivalent to just over $155 per year. There are no annual fees for additional cards, and it offers an interest rate of 21.99%. 

The American Express Cobalt offers rewards in the form of points, with the value depending on the purchase category. 

For food and beverages, you earn 5x points at qualifying restaurants or for food delivery in Canada. Amex offers 3x points on streaming subscriptions and 2x points on gas, public transportation, and ride-sharing. 

For everything else, you earn 1x points on online purchases, plus an additional 1 point when booking qualifying reservations or car rentals through Amex Travel Online. 

All your points accumulate in the Membership Rewards program. And how do you redeem them? Well, that’s up to you. 

You can redeem points to use on any purchase you want, such as retail, statement credits, movie tickets, and streaming subscriptions. 

Another option is to transfer points 1:1 to other loyalty programs. The card also allows redemptions for travel on American Express Travel Online, gift cards, and purchases on Amazon.ca. 

Who can Apply?

American Express offers conditions that are quite favorable and align with the card profile and the Canadian market. 

To access the Cobalt, you need to be a Canadian resident and have a positive credit history. 

This means you must have an established credit history in Canada, which qualifies you to receive the card. 

Additionally, you must be of legal age in your province within the country. 

American Express may have income requirements, and it may request documentation to verify the provided information. 

All applications are subject to Amex’s availability.

How do I Apply for the American Express Cobalt Credit Card?

To apply for the credit card, you need to click the “Apply Now” button directly on the American Express website. 

By clicking the button, you’ll access the application form. Here’s the information you need to provide: 

Full name, cardholder name, email address, date of birth, social security number, and postal code. 
You’ll need to provide your contact information, such as your full address and phone number. 

During the process, you’ll need to submit financial details, such as salary, monthly payments, employment type, and a breakdown of expenses. 

Finally, you’ll need to complete the review to submit your information to American Express. 

Throughout the process, American Express may request documents and verifications to grant access to the card.

More Details

The American Express card comes with up to 15,000 bonus Membership Rewards points, with up to 1,250 points for each billing period, as long as you spend $750. 

The Cobalt offers exclusive benefits, such as mobile device insurance of up to $1,000 for theft, loss, and damage, as well as various travel protections: 

• Emergency medical insurance outside the country 
• Flight delay insurance 
• Delayed or lost baggage insurance 
• Hotel theft insurance 
• Travel accident insurance 

Upon receiving the card, you’ll enjoy exclusive American Express experiences and benefits, such as reserved tickets, presale access, and entertainment and dining experiences. 

In addition, the Cobalt gives you access to Amex support, with customer service, fraud protection, and the full American Express app for managing your entire card. 

American Express offers the Plan It program, which allows installment payments on purchases without credit checks or additional interest. 

Want to learn another option?

Looking for a travel-ready card? Then check out the TD Aeroplan Visa Infinite, offering up to 1.5 points on gas, groceries, and Air Canada flights. 

The card also offers Visa Infinite and Air Canada benefits, providing a convenient solution for your life. See how to apply.

Written by

Gabriel Gonçalves