The main difference between the American Express Cobalt and CIBC Aeroplan Visa Infinite Card lies in their rewards structure and perks. While both offer enticing benefits, they each have their unique flavors that cater to different spending habits and travel preferences.
The American Express Cobalt card takes the stage with its vibrant rewards program tailored for the modern explorer. It flaunts a dynamic points system, showering you with extra points on dining and travel expenses. Plus, a slew of transfer partners adds a globetrotter's delight, enhancing your options for turning those points into memorable journeys. Keep in mind, this card dances to its own beat with a monthly fee structure.
On the other hand, the CIBC Aeroplan Visa Infinite Card takes you under its wing with a distinct focus on all things flying. Partnered with the Aeroplan program, this card soars with its air miles rewards. Not only that, but it also boasts a selection of travel perks, from lounge access to priority boarding, designed to make your travel experience smoother than a summer breeze.
While the American Express Cobalt card shines with its flexibility and dining indulgence, the CIBC Aeroplan Visa Infinite Card is your loyal companion in the sky, catering to your jet-setting dreams. Whether you're a gastronome who fancies exploring local flavors or a frequent flyer chasing after that coveted aisle seat, these cards offer distinct avenues to elevate your financial game. So, decide which card's rhythm resonates with you, and let your financial journey take flight.
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. | Offers a faster method for accumulating Aeroplan Points and provides extensive insurance coverage, encompassing flight, and travel medical insurance. |
Basics | |
Additional Cardholders | |
9 | 3 |
Card Type | |
American Express | Visa |
Minimum Credit Limit | |
N/A | N/A |
Maximum Credit Limit | |
N/A | N/A |
Sign up bonus | |
Signup Bonus Points | |
15000 points | 20000 points |
Signup Bonus Points Required Spend | |
$750.00 | $4,000.00 |
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 4 months. Earn 10,000 Aeroplan points when you make your first purchase. Plus 15,000 Aeroplan points as an additional anniversary bonus when you have at least $10,000 in net purchases posted on your account during the first 12 monthly statement periods. Giving you a of 40,000 Aeroplan points |
Rewards | |
Rewards Program | |
American Express Rewards | CIBC Rewards |
Domestic Rewards Points Earn Rate | |
1 | 1 |
Cashback Percentage Any Domestic Spend | |
N/A | N/A |
Benefits | |
Airport Lounge Access Included | |
Yes | No |
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 Percentage | |
N/A | N/A |
Balance Transfer Limit Percentage | |
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. | 20.99% p.a. |
Ongoing fees | |
Annual Fee Ongoing | |
$155.88 | $139.00 |
Foreign Exchange Fee | |
$2.50 | N/A |
Foreign Exchange Fee Percentage | |
N/A | 2.5% |
Late Payment Fee | |
$38.00 | N/A |
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 | $60,000.00 |
Temporary Residents Accepted | |
No | No |