Celavia

Anyone heard anything about it? I have a friend that received it in the mail today, and apparently it will be coming out in a week. She mentioned there's some sort of Bonus MR each month (some spending challenge?)

Annual cost? Bonus MR? benefits? Difference between gold/plat and cobalt?



EDIT

Just an update:

These are some of the particulars of the new American Express Cobalt Card -

• 5x Points for Grocery/Food
• 2x Points for Travel/Transit
• 1x Points on other purchases
• Annual Fee $120, split into 12 months payment of $10/mo
• It is a Credit Card, not a Charge Card.
• Reward earned is in MR with no inflation of price on redemption, but transfer of points to aeroplan/asia miles/etc is restricted