What is the best American Express (Amex) card in Canada?

28 Apr 2023

American Express is well-known for its excellent reputation and for issuing many of Canada's most powerful credit cards. Here's a preview of the best Amex Card in Canada:

The best Amex card in Canada

The Cobalt Card is considered the best Amex card in Canada, as it offers rewards with high rates of return and a flexible annual fee payment. Unsurprisingly, this credit card will dwarf any other card in comparison, providing you with:

• 5 points per $1 spent on groceries and restaurants
• 3 points per $1 spent on streaming services
• 2 points per $1 spent on gas, transit, and travel
• 1 point per $1 spent on all other purchases

Don't be alarmed by the $155.88 annual fee; Amex charges it in manageable monthly installments of $12.99. Furthermore, after spending $500 for the first year, you can begin your rewards balance with up to 30,000 Membership Rewards. It is enough for three short-haul flights.

And, if that wasn't enough, it received a slew of creditcardGenius awards in 2023:

• Best Overall,
• Best Travel,
• Best Rewards,
• Best Aeroplan,
• Best Restaurant,
• Best Grocery,
• Best Gas And Transit, and
• Best American Express

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American Express (Amex) payment gateway.