The main difference between the American Express Cobalt and PC Financial Mastercard lies in their rewards structure, fees, and standout features. While both cards offer enticing perks, they diverge in key aspects.
American Express Cobalt boasts a robust rewards system, focusing on travel and dining. Cardholders can earn points on everyday expenses, enjoying flexibility in redeeming for travel, merchandise, or statement credits. The card does come with an annual fee, but its reward potential often outweighs the cost. Moreover, its generous welcome bonus sweetens the deal for new members.
On the other hand, the PC Financial Mastercard centers its rewards on grocery and shopping benefits. It's a great choice for those who frequent participating stores, as they can accumulate points that can be redeemed for groceries and other items. The card leans towards simplicity, often lacking an annual fee, making it an accessible option for many.
One contrasting aspect of these two cards relates to their initial promotions. The American Express Cobalt card boasts a welcome bonus that can give you an advantageous head start in amassing points, whereas the PC Financial Mastercard lacks any ongoing promotional bonus for new users.
Standout features include American Express Cobalt's access to exclusive experiences and comprehensive travel insurance. Meanwhile, PC Financial Mastercard emphasizes the convenience of earning points during grocery shopping at affiliated stores.
In essence, the American Express Cobalt and PC Financial Mastercard offer distinct rewards avenues and perks, catering to diverse preferences and lifestyles. Delve into their specifics to discover the one that aligns best with your spending habits and goals
 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. | With PC Financial Mastercard, you can maximize your points-earning potential on everyday purchases like groceries, gas, and more. |
| Basics | |
| Additional Cardholders | |
| 9 | 4 |
| 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 | PC Financial Rewards |
| Domestic Rewards Points Earn Rate | |
| 1 | 10.00 |
| Benefits | |
| Airport Lounge Access Included | |
| Yes | No |
| Concierge Service Included | |
| Yes | No |
| Cardholder's International Travel Insurance | |
| Yes | No |
| 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. | 22.97% p.a. |
| Purchase Rate Ongoing | |
| 21.99% p.a. | 21.99% p.a. |
| Ongoing fees | |
| Annual Fee Ongoing | |
| $155.88 | $0.00 |
| 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 | N/A |
| Digital wallets | |
| Apple Pay Enabled | |
| Yes | Yes |
| Google Pay Enabled | |
| Yes | Yes |
| Samsung Pay Enabled | |
| Yes | No |
| Eligibility | |
| Available To Existing Customers | |
| No | Yes |
| Minimum Age | |
| 18 years | 18 years |
| Minimum Credit Rating | |
| Good | Good |
| Minimum Income | |
| N/A | N/A |
| Temporary Residents Accepted | |
| No | No |
