Sep 27, 2017, 10:12 am
Last edit by: alc
American Express Cobalt Credit Card
GCR $50 Rebate --> https://www.greatcanadianrebates.ca/...s/Amex-Cobalt/
Detail copy from GCR link above:
GCR $50 Rebate --> https://www.greatcanadianrebates.ca/...s/Amex-Cobalt/
Detail copy from GCR link above:
- 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.
- $10 per month of Cardmembership ($120 annually)
2017 American Express Cobalt (Canada)
Sep 19, 2017, 3:09 pm
#61
Join Date: Aug 2013
Location: YYZ, NYC
Programs: Marriott Gold, JGC, IHG Platinum, Hilton Gold, AC 25K
Posts: 1,025
Yeah, that's what I thought. I think it will be similar to the choice card, I recall transfer to hilton and spg was available but not any of the airlines.
Sep 19, 2017, 3:49 pm
#63
Join Date: Jun 2016
Location: Prince Edward Island
Programs: Air Canada P25K, Hilton Honors Gold, Marriott Gold, MGM Gold
Posts: 1,582
Sep 19, 2017, 3:55 pm
#64
Join Date: Sep 2017
Posts: 3
Fact from an employee who was at their internal product launch today.
Product launch next week Sept 26th.
Annual fee as mention before is 10/month.
There is a launch party at some place in Kensington Market that will be a "speak easy" and Gordon Ramsay and some other "celebs" too.
Product launch next week Sept 26th.
Annual fee as mention before is 10/month.
There is a launch party at some place in Kensington Market that will be a "speak easy" and Gordon Ramsay and some other "celebs" too.
Sep 19, 2017, 4:15 pm
#66
Suspended
Join Date: Oct 2009
Location: Kan@da
Programs: Anything with sweet spots
Posts: 1,790
Sep 19, 2017, 4:31 pm
#67
Join Date: Jan 2016
Location: Vancouver, BC
Programs: Aeroplan, Fairmont Plat, SPG Gold, Marriott Gold
Posts: 99
While I can appreciate the attempt at being innovative, I'm not a fan (millennial here), unless it's 2500 points per month for the life of the card and not just the first year. That along with the generous category bonuses could make it a competitive card (though I do wonder how long MR -> SPG will be around as the program winds down).
Sep 19, 2017, 4:34 pm
#68
Join Date: Aug 2013
Location: YYZ, NYC
Programs: Marriott Gold, JGC, IHG Platinum, Hilton Gold, AC 25K
Posts: 1,025
This puts them in league with RBC's CX/BA cards in terms of spend requirement.
Sep 19, 2017, 4:36 pm
#69
FlyerTalk Evangelist
Join Date: May 2015
Location: BOS, YVR, ZRH
Programs: *G
Posts: 17,399
that's still fantastic earnings.
that's... interesting. I mean, I don't think anyone will have trouble hitting 500/month, but that's still quite a hefty spend requirement inhibiting churning other cards after initial spend. Probably still worth it though.
Sep 19, 2017, 4:48 pm
#70
Join Date: Sep 2017
Posts: 3
Sorry I dont know the details, if I can get then will post. All I heard was it was a bullet point in the presentation saying "2,500 MR/month with 500 spend" and the person giving the presentation positioned it as "we want our card members to enjoy the MR over time instead of using all at once"
Sep 19, 2017, 4:58 pm
#71
Join Date: Jul 2012
Location: Canada
Programs: BA Gold (OWE), Star Alliance Gold, Hilton Diamond
Posts: 2,194
I know many millennial including myself who use Amex. Admittedly pretty much everywhere in Calgary takes Amex and the big chains who don't take Amex like Loblaws don't have much of a presence here.
Sep 19, 2017, 5:52 pm
#72
FlyerTalk Evangelist
Join Date: May 2015
Location: BOS, YVR, ZRH
Programs: *G
Posts: 17,399
Sorry I dont know the details, if I can get then will post. All I heard was it was a bullet point in the presentation saying "2,500 MR/month with 500 spend" and the person giving the presentation positioned it as "we want our card members to enjoy the MR over time instead of using all at once"
500 initial and then keep holding onto the card for a year before cancelling isn't so bad if that's what it is - for 2.5SPG/$ or 3.125FFP/$.
Sep 19, 2017, 7:44 pm
#73
Join Date: Aug 2010
Location: YWG
Programs: Aeroplan, MileagePlus, Marriott Rewards
Posts: 2,159
That could just mean 500 initial spend - and spreading the MR out over time is very clearly not "wa want them to enjoy it all at once" but "we don't want people to apply, get the MR and then cancel right away". Fair enough.
500 initial and then keep holding onto the card for a year before cancelling isn't so bad if that's what it is - for 2.5SPG/$ or 3.125FFP/$.
500 initial and then keep holding onto the card for a year before cancelling isn't so bad if that's what it is - for 2.5SPG/$ or 3.125FFP/$.