EarningMiles & Points

Amex Cobalt Card: New Offer of 52,000 MR Points by way of CreditKarma

Amex Cobalt Card: New Offer of 52,000 MR Points via

The American Express Cobalt Card is extensively thought-about one of the crucial highly effective bank cards in Canada, largely due to its 5x incomes price on meals and drinks. 

Historically, the welcome bonus on this card has hovered within the vary of 30,000 MR factors, with occasional durations of an elevated bonus of fifty,000 MR factors. 

Until December 9, 2022, we’re seeing an all-time-high welcome bonus of 52,000 MR factors on the Cobalt Card, however solely once you apply by way of a selected channel that could be considerably shocking at first look:

Record-High Welcome Bonus of Up to 52,000 MR Points

The normal welcome bonus on the American Express Cobalt Card has traditionally been 30,000 MR factors, distributed over 12 month-to-month durations upon spending $500 every month.

The present supply by way of CreditKarma provides an extra bonus on prime of that baseline: 22,000 MR factors upon spending $5,000 within the first three months, bringing the entire to 52,000 MR factors. 

To entry this supply, you’ll must be a CreditKarma person. Thankfully, CreditKarma is free to enroll in, and it’s very a lot price signing up for anyway as top-of-the-line providers in Canada for monitoring your credit score well being.

Upon logging into CreditKarma, you’ll see the above banner being proven just below your credit score rating dashboard if in case you have a credit score profile that makes you appropriate for the Cobalt Card. Clicking the “Apply now” button leads you to an American Express touchdown web page with the main points of the supply.

You’ll then be requested to enter the RSVP code as indicated on CreditKarma to start out the appliance.

This is the very best welcome bonus we’ve ever seen on the Cobalt Card. There’s been presents of as much as 50,000 MR factors up to now, however 52,000 MR factors units a brand new all-time excessive. 

To optimize this supply from a spending perspective, you’d be taking a look at spending $5,000 within the first three months whereas making certain you attain a minimal of $500 every month (e.g., $1,667 monthly, or $4,000 within the first month adopted by $500 in subsequent months). Then, for the remaining 9 months of the 12 months, the supply can be equal to earlier than: a month-to-month minimal spend of $500.

This supply specifies an finish date of December 9, 2022, so be sure to use by then for those who’re excited about taking benefit. 

Amex Cobalt Card: One of Canada’s Best Credit Cards

Even earlier than its latest modifications and particularly now that the modifications have kicked in, the Cobalt Card is a wonderful selection for ongoing day-to-day spending, and one in all our prime picks for the perfect newbie bank cards and finest general bank cards in Canada. 

The standout characteristic is the flexibility to earn 5 MR factors per greenback spent on eats and drinks, which incorporates eating places, bars, cafes, takeout, supply, and purchases made on the grocery retailer.

And for the reason that factors switch 1:1 to Aeroplan, that’s successfully equal to five Aeroplan factors per greenback spent – an incomes price that blows even Aeroplan’s personal co-branded bank cards out of the water!

In this trend, a mean family can simply rack up a sizeable chunk of MR factors – and in flip Aeroplan factors or Marriott Bonvoy factors – yearly.

Indeed, at 5x the factors on eats and drinks:

  • ~$5,000 of spending on this class would earn you a transcontinental enterprise class flight at ~25,000 Aeroplan factors
  • $11,000 of spending on this class would earn you a enterprise class flight from Vancouver to Tokyo at 55,000 Aeroplan factors
  • $12,000 of spending on this class would earn you a enterprise class flight from the East Coast to Europe at 60,000 Aeroplan factors
Book enterprise class to Europe after spending $12,000 on eats and drinks

However, take notice {that a} most cap of $30,000 applies to the 5x incomes price, so if in case you have a really giant household to feed and commonly make voluminous purchases on the grocery retailer, then it could definitely be price getting your accomplice to additionally join the Cobalt Card beneath this record-high supply as effectively.

If each members of a family signed up for the Cobalt Card beneath the present supply and maximized their $30,000 allowance on the 5x price yearly going ahead, they’d earn a cool 404,000 MR factors within the first 12 months, adopted by 300,000 MR factors in subsequent years. That’d be sufficient for 2 round-trip tickets in enterprise class to Europe or Asia 12 months after 12 months. 

By and enormous, the Cobalt Card is the simplest manner for the typical Canadian family to journey in premium cabins regularly, and that’s what makes it a really unbelievable product throughout.


Until December 9, 2022, the American Express Cobalt Card‘s welcome supply has been raised to an all-time-high stage of 52,000 MR factors once you apply by way of, making this an important alternative to get onboard the 5x meals and drinks hype prepare. 

If you aren’t already a member of CreditKarma, it’s completely price signing up as a free method to maintain monitor of your credit score rating. Beyond that, you’ll even be eligible for this particular supply on the Cobalt Card once you click on by way of to the touchdown web page and enter the devoted RSVP code. 

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