American Express Cobalt Card Review | Should You Keep or Cancel The Amex Cobalt Card
Channel: A Dawn
Date: 2021-07-30

American Express Cobalt Card | Non-Affiliated, Unbiased, & Honest Review | Should You Apply Amex Cobalt | American Express Cobalt Card Changes Highlights

The Amex Cobalt Card is a travel rewards credit card for the Canadian popular Aeroplan and other flight points programs. Customers can convert MR Points to various flight and hotel points.

Business Class Flight Reviews 
https://youtube.com/playlist?list=PLTA92rkznIIOw-IyJ-6M6yUrEsqalMxbN

Let’s look at Amex Cobalt Card Before August 16, 2021 Changes

- $10 per month / $120 Annual fees
- Earn MR Select
- MR Select - Marriott Bonvoy - Airlines
- 1 MR Select = 0.50 Aeroplan/Avios/Others

Amex Cobalt Card After August 16, 2021 Changes

- $12.99 per month / $155.88 Annual fees
- Earn MR 
- Direct 1:1 transfer to Airlines
- New 3X points on Streaming
- Mobile Device Insurance

Simple Math Why I am Keeping This Card

- Buy Aeroplan - 3 cents | Lifemiles 3.3 Cents
- $500 monthly grocery = 500X5 = 2500 points = 30,000 points = $900 (annually) at 3 cents
- If you buy points at discount = $450 annually
- If you redeem for business class flights at 7 cents, you get $2100
- Only using for minimal grocery spend pays off $155.88 Annual fees

Cobalt Is Not The Best Travel Credit Card

- Contrary to what those affiliated sites telling you (Cobalt is the best credit card) to promote Cobalt cards, Cobalt is not the best travel rewards credit card. 
- American Express has a terrible reputation for being notoriously cheap for not providing benefits.

For a High $155.88 Annual Fee, Cobalt Card Missing

- No Trip Cancellation Insurance
- No Concierge
- No 0% foreign transaction fee
- No Anniversary bonus 
- No free lounge access passes
- You will get these benefits in many other travel cards in Canada with lower annual fees

In this video, I will review the new Cobalt Credit Card changes and will provide my non-affiliated, unbiased, and honest opinions.

Do not click this link: http://b.link/donotclick 

Chapters:
0:00 Intro
0:35 Affiliated Sites Promoting Amex Giving Wrong Information
2:25 Amex Cobalt Card Before August 16, 2021 Changes
3:15 Amex Cobalt Card After August 16, 2021 Changes
4:30 Simple Math Why I am Keeping This Card
9:00 Cobalt Is Not The Best Travel Credit Card

This is not a paid or affiliated review. Opinions are unbiased and honest. 

Travel Expert Ahmed Dawn’s insights. You may want to watch the following: 

American Express AIR MILES Credit Card
https://youtu.be/11NmMnJllzQ 

How to Access Airport Lounge for Free
https://youtu.be/StRgsYZC6Ew

Which Credit Cards Offer Lounge Access: https://www.youtube.com/watch?v=opquZMbYmXo

Scotiabank Travel Rewards & Cash Back Credit Cards https://www.youtube.com/playlist?list=PLTA92rkznIIPens3DmI7JkW8LSpxdDxBh

Travel Rewards Credit Cards https://www.youtube.com/playlist?list=PLTA92rkznIINEen2mqXCoNi7b_T32R66h

Travel Hacks https://www.youtube.com/playlist?list=PLTA92rkznIIMCFL5senN616Uw7yPgLYxe

Points & Miles 101 https://www.youtube.com/playlist?list=PLTA92rkznIIP-rmCs10HVO9_7Z6c-1PC_

CIBC Travel Rewards & Cash Back Credit Cards https://www.youtube.com/playlist?list=PLTA92rkznIIO5YCBsaFHlJw7LzaNkc4oo

BMO Travel Rewards & Cash Back Credit Cards https://www.youtube.com/playlist?list=PLTA92rkznIIN4TeOmwICEJaxjyr5217nt

MBNA Travel Rewards & Cash Back Credit Cards https://www.youtube.com/playlist?list=PLTA92rkznIIOJA7D22BcXI0JG_COJxsRN

Brim Travel Rewards Credit Cards https://www.youtube.com/playlist?list=PLTA92rkznIINcwStS8aVv-qwfe71YCKjL

Travel Prepaid Credit & Debit Cards https://www.youtube.com/playlist?list=PLTA92rkznIIPUt2MqannhlucxzrYOZsSG