The main difference between the American Express Cobalt Card and the American Express Aeroplan Reserve Card lies in their rewards structure, fees, and standout benefits. While both cards offer exceptional perks for Canadian travelers, they come with distinct features that cater to varying spending habits and travel preferences.
When it comes to rewards, the Cobalt Card shines with its multi-faceted points system. It's like a rewards buffet - earn points on dining, groceries, travel, and more. The Aeroplan Reserve Card, on the other hand, focuses on airline perks, accumulating Aeroplan points for flights and related expenses. So, if you're a foodie jet-setter, Cobalt's got your back; if you're an airborne adventurer, Aeroplan Reserve's got your wings.
Fees-wise, the Cobalt Card typically comes with a more wallet-friendly annual fee and a tiered monthly fee structure. It's like getting a gym membership, but for rewards. The Aeroplan Reserve Card, while it may have a higher annual fee, offers premium travel benefits that frequent flyers can appreciate, such as airport lounge access and companion vouchers. So, if you want to skip the airport hustle in style, Aeroplan Reserve's got your VIP pass.
Speaking of perks, Cobalt's introductory offers and bonuses dance to a unique tune. They often include bonus points on eligible spending, akin to a spontaneous party where you're showered with confetti for using your card. Meanwhile, the Aeroplan Reserve Card boasts its own welcome bonuses and accelerated points earnings, tailored to aviation enthusiasts who want to rack up those miles faster than a jet.
In the end, both cards serve as your trusty companions on the journey of credit card rewards. Cobalt is like the spirited friend who's up for any adventure, offering a buffet of points for your everyday choices. Aeroplan Reserve is the sophisticated pal who ushers you into the world of premium travel with exclusive benefits and privileges. So, whether you're chasing culinary delights or soaring through the skies, these American Express cards have your back.
 On website |  On website |
|---|---|
| Description | |
| Offers an attractive rewards program with a focus on earning points quickly on everyday spending categories like dining, streaming subscriptions, and transportation. | American Express Aeroplan Reserve Card is a premium travel credit card offered by American Express in partnership with Aeroplan. |
| Basics | |
| Additional Cardholders | |
| 9 | 9 |
| Card Type | |
| American Express | American Express |
| Minimum Credit Limit | |
| N/A | N/A |
| Maximum Credit Limit | |
| N/A | N/A |
| Sign up bonus | |
| Signup Bonus Points | |
| 15000 points | 60000 points |
| Signup Bonus Points Required Spend | |
| $750.00 | $7,500.00 |
| Signup Bonus Points Required Spend Terms | |
| eligible purchases every month for 12 months, that's 1,250 Membership Rewards points for each monthly billing period. | eligible purchases within the first 3 months of Cardmembership. Plus an additional 25,000 points when you spend $2,500 in month 13. Giving you a total of 85,000 points. Terms and Conditions apply. |
| Rewards | |
| Rewards Program | |
| American Express Rewards | American Express Rewards |
| Domestic Rewards Points Earn Rate | |
| 1 | 1 |
| Benefits | |
| Airport Lounge Access Included | |
| Yes | Yes |
| Concierge Service Included | |
| Yes | No |
| Cardholder's International Travel Insurance | |
| Yes | Yes |
| Complimentary Flight Voucher Included | |
| No | No |
| Introductory balance transfer | |
| Balance Transfer Rate | |
| N/A | N/A |
| Balance Transfer Period | |
| N/A | N/A |
| Balance Transfer Fee | |
| N/A | N/A |
| Balance Transfer Limit | |
| N/A | N/A |
| Balance Transfer Revert Rate | |
| N/A | N/A |
| Ongoing rates | |
| Cash Advance Rate | |
| 21.99% p.a. | 21.99% p.a. |
| Purchase Rate Ongoing | |
| 21.99% p.a. | 21.99% p.a. |
| Ongoing fees | |
| Annual Fee Ongoing | |
| $155.88 | $599.00 |
| Foreign Exchange Fee | |
| $2.50 | $2.50 |
| Late Payment Fee | |
| $38.00 | $38.00 |
| Overseas ATM Withdrawal Fee | |
| $5.00 | $5.00 |
| Digital wallets | |
| Apple Pay Enabled | |
| Yes | Yes |
| Google Pay Enabled | |
| Yes | Yes |
| Samsung Pay Enabled | |
| Yes | Yes |
| Eligibility | |
| Available To Existing Customers | |
| No | No |
| Minimum Age | |
| 18 years | 18 years |
| Minimum Credit Rating | |
| Good | Good |
| Minimum Income | |
| N/A | N/A |
| Temporary Residents Accepted | |
| No | No |
