American Express Cobalt vs CIBC Aeroplan Visa Infinite Card

By   |   Verified by David Boyd   |   Updated 16 Aug 2023

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.

American Express Cobalt Card
 

On website

CIBC Aeroplan Visa Infinite Card
 
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
93
Card Type
American ExpressVisa
Minimum Credit Limit
N/AN/A
Maximum Credit Limit
N/AN/A
Sign up bonus
Signup Bonus Points
15000 points20000 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 RewardsCIBC Rewards
Domestic Rewards Points Earn Rate
11
Cashback Percentage Any Domestic Spend
N/AN/A
Benefits
Airport Lounge Access Included
YesNo
Concierge Service Included
YesYes
Cardholder's International Travel Insurance
YesYes
Complimentary Flight Voucher Included
NoNo
Introductory balance transfer
Balance Transfer Rate
N/AN/A
Balance Transfer Period
N/AN/A
Balance Transfer Fee Percentage
N/AN/A
Balance Transfer Limit Percentage
N/AN/A
Balance Transfer Revert Rate
N/AN/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
$2.50N/A
Foreign Exchange Fee Percentage
N/A2.5%
Late Payment Fee
$38.00N/A
Overseas ATM Withdrawal Fee
$5.00$5.00
Digital wallets
Apple Pay Enabled
YesYes
Google Pay Enabled
YesYes
Samsung Pay Enabled
YesYes
Eligibility
Available To Existing Customers
NoNo
Minimum Age
18 years18 years
Minimum Credit Rating
GoodGood
Minimum Income
N/A$60,000.00
Temporary Residents Accepted
NoNo