The main difference between the American Express Cobalt and the Brim World Mastercard? Well, buckle up, because these two cards might seem like peas in a pod, but they've got their quirks. Let's break it down: Rewards, fees, intros, and perks.
When it comes to rewards, both cards offer a sweet deal. But here's the twist: Cobalt flaunts its Membership Rewards points, showering you with flexibility to use 'em on travel, shopping, or just about anything. Meanwhile, the Brim World Mastercard struts its stuff with Brim Rewards – a blend of travel, cashback, and oh-so-trendy lifestyle perks. Choices, choices.
Fees? Yeah, we're talking about the not-so-glam side of things. Cobalt packs an annual fee punch, but hey, the rewards might just outshine that. Brim, on the other hand, waves the annual fee flag, making it a budget-friendly option. But, like your friend who always borrows cash, it might hit you with foreign transaction fees. Ouch.
Hold on tight, because the intros and bonuses are where these cards make their grand entrance. Cobalt struts its stuff with bonus points for dining and groceries – yep, it knows how to wine and dine you. Meanwhile, Brim raises the stakes with tailored bonus categories that suit your lifestyle like a tailored suit. Extra points? Now that's what I'm talking about.
But wait, there's more! Both cards come decked out with their own unique perks. Cobalt opens the doors to Amex Experiences – think VIP access and front-row seats. Brim, though, flashes its travel insurance, making sure you're covered whether you're jet-setting or just taking a quick road trip.
So, there you have it – the Cobalt and the Brim World Mastercard, strutting their stuff in the Canadian credit card catwalk. They might share some runway moves, but those rewards, fees, intros, and perks are where they really flaunt their individuality. Time to take your pick and start swiping in style!
On website | |
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Description | |
Offers an attractive rewards program with a focus on earning points quickly on everyday spending categories like dining, streaming subscriptions, and transportation. | A card that allows you to earn up to 1.5 points per $1 spent (up to $25,000 annual spend). |
Basics | |
Additional Cardholders | |
9 | 9 |
Card Type | |
American Express | Mastercard |
Minimum Credit Limit | |
N/A | N/A |
Maximum Credit Limit | |
N/A | N/A |
Sign up bonus | |
Signup Bonus Points | |
15000 points | N/A |
Signup Bonus Points Required Spend | |
$750.00 | N/A |
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. | N/A |
Rewards | |
Rewards Program | |
American Express Rewards | Brim Rewards |
Domestic Rewards Points Earn Rate | |
1 | 1.50 |
Benefits | |
Airport Lounge Access Included | |
Yes | Yes |
Concierge Service Included | |
Yes | Yes |
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. | 22.99% p.a. |
Purchase Rate Ongoing | |
21.99% p.a. | 19.99% p.a. |
Ongoing fees | |
Annual Fee Ongoing | |
$155.88 | $99.00 |
Foreign Exchange Fee | |
$2.50 | $0.00 |
Foreign Exchange Fee Percentage | |
N/A | 0% |
Late Payment Fee | |
$38.00 | N/A |
Overseas ATM Withdrawal Fee | |
$5.00 | N/A |
Digital wallets | |
Apple Pay Enabled | |
Yes | Yes |
Google Pay Enabled | |
Yes | Yes |
Samsung Pay Enabled | |
Yes | Yes |
Eligibility | |
Available To Existing Customers | |
No | Yes |
Minimum Age | |
18 years | 18 years |
Minimum Credit Rating | |
Good | Good |
Minimum Income | |
N/A | $60,000.00 |
Temporary Residents Accepted | |
No | No |