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

What do I need to know before applying?

The American Express Cobalt is a comprehensive card that provides exclusive front-of-the Line benefits and a complete rewards system with points that only Amex can offer!

The credit card represents an excellent choice from American Express, one of the top brands in the U.S. market. 

When you receive one of the many Amex cards, you’ll benefit from support in managing your everyday expenses. 

The American Express Cobalt features a credit limit tailored to each applicant’s financial situation, making it a solid monthly limit option.

Regarding costs, the card has a monthly fee of $12.99, which totals just over $155 annually. There are no annual fees for additional cards, and it comes with an interest rate of 21.99%.

The American Express Cobalt rewards you with points, with the amount earned varying by purchase category.

You earn 5x points on eligible food and beverage purchases at qualifying restaurants or for food delivery in Canada. For streaming subscriptions, you earn 3x points, while gas, public transit, and ride-sharing earn you 2x points.

For all other purchases, you receive 1x points and an extra point when booking qualifying reservations or car rentals through Amex Travel Online.

All your points accumulate in the Membership Rewards program. And how can you redeem them? That choice is yours.

You can use your points for any purchase, including retail items, statement credits, movie tickets, and streaming subscriptions.

Alternatively, you can transfer points at a 1:1 ratio to other loyalty programs. The card also allows redemptions for travel through American Express Travel Online, gift cards, and purchases on Amazon.ca.

American Express provides terms that are quite advantageous and suited to both the card’s profile and the Canadian market.

Who can Apply?

To qualify for the Cobalt card, you must be a resident of Canada with a positive credit history.

This implies that you should have an established credit record in Canada to be eligible for the card.

Additionally, you need to be of legal age according to your province’s regulations.

American Express may also set income criteria and might ask for documentation to confirm the information you provide.

Learn How to Apply for an American Express Cobalt Credit Card

To submit an application for the credit card, click the “Apply Now” button on the American Express website.

By doing so, you will access the application form, which requires the following details:

• Your full name, cardholder name, email address, date of birth, social security number, and postal code. 

You will also need to include your contact information, including your complete address and phone number.

During the application process, you’ll be required to share financial information, such as your salary, monthly expenses, employment status, and a detailed breakdown of your expenses.

Lastly, you will need to finish the review process to send your information to American Express.

More Details

The American Express card offers a bonus of up to 15,000 Membership Rewards points, with the potential to earn up to 1,250 points in each billing cycle when you spend $750.

The Cobalt card provides exclusive perks, including mobile device insurance covering theft, loss, and damage up to $1,000, along with various travel protections such as emergency medical coverage, insurance, cover for delayed or lost luggage, and even hotel theft protection.

Once you obtain the card, you will gain access to unique American Express experiences and benefits, such as reserved seating, presale ticket access, and exclusive entertainment and dining opportunities.

Moreover, the Cobalt card includes Amex support, featuring customer service, fraud protection, and the comprehensive American Express app to help you manage your card.

American Express also offers the Plan It program, which enables you to make installment payments on purchases without requiring credit checks or incurring additional interest.

Want to learn another option?

Looking for an option that’s even more travel-focused? The Aeroplan Visa Infinite offers up to $1,300 in value and exclusive benefits from Air Canada.

The card provides 1.5x points on groceries and up to 2x points at the Aeroplan eStore. You can check how to apply.

Written by

Gabriel Gonçalves

Writer with over 10 years of experience specializing in finance and education. Master's student in Communication and an expert in online content production.