wealthgeist
Membership Rewards · Amex
American Express Cobalt Card
Membership Rewards rewards on eligible spending. Compare the earn rates and conditions with where you shop.
- Annual fee
- $191.88
- Foreign transaction fee
- 2.5%
- Purchase APR
- 21.99%
Free · No account needed
Card details reviewed
You want Membership Rewards rewards and will use the available redemption options.
Extra rewards and benefits need to outweigh the annual fee. Interest can outweigh rewards if you carry a balance.
Your estimate
See the rewards after fees, based on where you actually shop.
Your spending is ready to use.
Calculate with my spendingAn estimate, not a guarantee. Approval is up to the issuer.
Rewards
Current rates. Conditions and limits matter as much as the headline number.
- Groceries
- 5 points per $1
Limit: $2,500 in eligible spending per month, shared across qualifying reward categories; then 1 point per $1.
- Dining and restaurants
- 5 points per $1
Limit: $2,500 in eligible spending per month, shared across qualifying reward categories; then 1 point per $1.
- Streaming subscriptions
- 3 points per $1
- Travel, transit, and gas
- 2 points per $1
- Base earn rate
- 1 point per $1
Merchant coding and eligibility determine the rate. Rates do not add together unless the issuer explicitly allows it.
Using your rewards
The calculator’s standard value is 1¢ per point. Your redemption choice can change the value.
Redemption value depends on how you use your rewards. Check the issuer’s redemption terms before comparing points with cash.
Welcome offer
We haven’t included a verified welcome offer in this estimate. That doesn’t mean no promotion is available. Check the issuer’s current offer and eligibility conditions.
Fees and eligibility
Paying interest can outweigh the rewards you earn.
- Annual fee
- $191.88
- Additional card
- $0
- Purchase interest rate
- 21.99%
- Cash advance interest rate
- 21.99%
- Foreign transaction fee
- 2.5%
Who can apply?
- Minimum income
- No minimum stated
Meeting published income criteria does not guarantee approval. Other eligibility conditions and fees may apply.
Benefits
Value the benefits you will use—not every advertised perk.
Card benefits
The Hotel Collection benefits and room upgrades
American Express Front Of The Line presale & reserved seating access
Insurance & purchase protection
Coverage has eligibility rules, limits and exclusions. The insurance certificate controls.
Emergency travel medical
Out of Province/Country Emergency Medical Insurance up to $5,000,000
Mobile device
Mobile Device Insurance up to $1,000
Flight delay
Flight Delay Insurance up to $500
Baggage delay
Baggage Delay Insurance up to $500
Hotel burglary
Hotel/Motel Burglary Insurance up to $500
Car rental collision
Car Rental Theft and Damage Insurance up to $85,000
Purchase protection
Buyer's Assurance Protection Plan and Purchase Protection
Similar cards
Related reward programs and fees—not a ranking for your spending.
Common questions
Is American Express Cobalt Card worth the annual fee?
It depends on whether the extra rewards and benefits you actually use outweigh the $191.88 annual fee. Use your spending to compare the ongoing value after fees.
Does this card charge a foreign transaction fee?
The published foreign transaction fee is 2.5%. Exchange rates and other applicable charges can still affect your cost. See the issuer’s terms.
How does WealthGeist calculate my estimate?
We match eligible spending to each card’s reward rules, account for spending limits and subtract fees. You can check the breakdown and adjust assumptions. Welcome offers and ongoing rewards are shown separately.
How we compare