Monday, January 29, 2018

Last day to get the increased sign up bonus for the American Express Cobalt Card

Per the marketing terms that have been attached to the American Express Cobalt Card this is the last day to grab this card with its introductory sign up offer of up to 40,000 points. As of tomorrow the bonus will be dropoing down to the standard 30,000 points.

If you haven't applied for the card yet or even considered it you really should take a look at it. It is now ranked the number 1 card in Canada by Rewards Canada and speaking from personal experience, it is exceptionally rewarding. Both my wife and I grabbed the cards late in October and in less than 3 months we are nearing 120,000 points between the two cards. That's a minimum of $1,200 in travel - yes we have made $1,200 in that short time thanks to the 5x points on Eats & Drinks (10x during December), the monthly sign up bonus of 2,500 points for hitting $500 per billing cycle and the 10,000 points for hitting $3,000 in spend in the first three months on each card. Personally I value the points even higher than that as they will be transferred to Starwood Preferred Guest at a 2:1 ratio. That means right now we are sitting on 60,000 Starpoints and I value those points at about 2.95 cents (C$) or almost $1,800 in value. The earn can only be explained as exceptional as the amount of spending hasn't been too crazy, just focused on those eats and drinks to maximize the return.

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Anyways you can still get in on the additional 10,000 points for spending $3,000 in the first three months as long as you apply for the card by 11:59pm ET tonight!

American Express Cobalt Card

• In your first year as a new Cobalt Cardmember, you can earn 2,500 Membership Rewards® points for each monthly billing period in which you spend $500 in net purchases on your Card. This could add up to 30,000 points in a year.
• Limited Time Offer: Apply by 01/30/18 and you can earn a Welcome Bonus of 10,000 Membership Rewards® points when you spend a total of $3,000 in net purchases in your first 3 months
• Earn 5 points for every $1 spent on Card purchases at eligible restaurants, bars, grocery stores and food delivery in Canada
• Earn 2 points for every $1 spent on eligible transit & gas purchases in Canada and eligible travel purchases. That’s 2X the points on purchases that get you from point A to B
• Earn 1 point for every $1 in Card purchases everywhere else. We won’t tell you where to spend, we’ll just reward you on your Card purchases
• Get advance access to tickets to some of the hottest concerts, shows and events through Front Of The Line® by American Express Invites® and advance screenings to blockbuster movies. Plus, more great perks.
• American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details, current product information and Terms and Conditions, click the Apply now link.
• Conditions Apply
Apply Now

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