American Express Cobalt Vs. Scotiabank Gold American Express Money We Have


The Amex Gold and Cobalt levy a 2.5% fee on international purchases. Moreover, it's worth noting that American Express cards are generally less accepted abroad. While they have a global presence, American Express cards are not as universally recognized by merchants in certain regions, particularly in more remote areas.

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Card name American Express Cobalt® Card Scotiabank® Gold American Express® Card; Welcome bonus: Earn up to 15,000 Membership Rewards® points in the first year (conditions apply)

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First up is the American Express Gold Rewards vs. the American Express Cobalt Card. Here's how it breaks down: Category Amex Cobalt Amex Gold Rewards; Fees * $12.99 monthly fee * 2.5% foreign exchange fees * $250 annual fee * 2.5% foreign transaction fees: Welcome bonus: Up to 15,000 points ($300 value)

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The Gold is a poor travel card like all Amex cards in Canada due to high forex fees. The Cobalt generally earns more on spend outside Canada, as the higher earn rates generally cover the forex fee, unlike the Gold/Platinum earn rates. As a customer, Amex is great, but I have yet to understand their strategy in Canada.

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The American Express Cobalt and Gold Rewards cards offer distinct benefits tailored to different lifestyles. The Cobalt card, with its $155.88 annual fee, emphasizes everyday spending with 5X points on eats and drinks and a diverse points redemption program, making it ideal for those who prioritize dining and entertainment..

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Yeah the Gold Card is quite a weird product placement for American Express insofar as it is completely cannibalised by the cobalt card. I guess they want to market it as a Platinum Card light but didn't really improve the overall package. I bet they are banking on that people want both cards, the cobalt for everyday spending and the gold card.

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The Gold Rewards Card, however, shines with its elevated travel insurance coverage and a collection of exclusive entertainment experiences. In a nutshell, both the American Express Cobalt Card and the American Express Gold Rewards Card present alluring options for Canadian consumers.

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To earn the full American Express Cobalt ® Card welcome bonus, you need to spend $9,000 in the first year ($750 per month spread over 12 months) to earn the 15,000 points. This has a value of $150. With the Scotiabank Gold American Express ® Card, you earn the first part of the 20,000-point welcome bonus after just $1,000 in purchases in three months.. This has a value of $

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The American Express Gold Rewards Card has long been considered one of Canada's most iconic credit cards. However, it's the American Express Cobalt Card that has received the lion's share of attention since its launch in 2017, especially after undergoing significant positive changes in 2021.. The Cobalt is often considered the ultimate lifestyle card, popular among millennials thanks to.

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Annual Fees: The Scotiabank Gold American Express Card's annual fee is $35.88 cheaper than the American Express Cobalt® Card. Foreign Transaction Fees: The American Express Cobalt® Card has a.

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The American Express Cobalt Card (monthly fee of $12.99 — $155.88 annually) applies a higher earn rate to a broader range of spending categories than the American Express Gold Rewards Card, but.

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On paper, the American Express Cobalt ® Card fee costs less than the American Express ® Gold Rewards Card. But, the American Express ® Gold Rewards Card has an advantage that the American Express Cobalt ® Card doesn't: an annual $100 travel credit. This brings the net annual fee for the American Express ® Gold Rewards Card to $150.

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American Express® Gold Rewards Card. Card Type Credit Card. Annual Fee $250. Annual Interest Rate 20.99% on purchases and. 21.99% on funds advances*. Additonal Cards: 1 Free Additional Gold. Rewards Card 4 - a $50* value. $50* annual fee for Additional. Gold Rewards Cards 4.

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The gold card apparently gives you four complimentary visits per year to Plaza Premium lounges. The question he asked is also fair since there are slight differences between getting Gold from let's say Amex directly vs through Scotiabank. I suppose so but I would assume we're talking about the offerings from American Express directly.

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While Scotiabank's Gold American Express card keeps its monthly fee at an average $120, the American Express Cobalt will cost you a bit more per year at $155.88. That being said, the Cobalt's fee is paid monthly at $12.99, which may make a difference to some customers who prefer to pay smaller amounts incrementally than one lump sum per year.

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Other than that, the Scotiabank Gold American Express Card wins out for purchases at Empire grocery stores (6x vs. 5x), in the entertainment category (5x vs. 1x) and the transit and gas categories (3x vs. 2x), while the Cobalt wins out in the travel category (2x vs. 1x).

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