American Express Cobalt vs PC Financial Mastercard

By   |   Verified by David Boyd   |   Updated 17 Aug 2023

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

American Express Cobalt Card
 

On website

PC Financial Mastercard
 
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
94
Card Type
American ExpressMastercard
Minimum Credit Limit
N/AN/A
Maximum Credit Limit
N/AN/A
Sign up bonus
Signup Bonus Points
15000 pointsN/A
Signup Bonus Points Required Spend
$750.00N/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 RewardsPC Financial Rewards
Domestic Rewards Points Earn Rate
110.00
Benefits
Airport Lounge Access Included
YesNo
Concierge Service Included
YesNo
Cardholder's International Travel Insurance
YesNo
Complimentary Flight Voucher Included
NoNo
Introductory balance transfer
Balance Transfer Rate
N/AN/A
Balance Transfer Period
N/AN/A
Balance Transfer Fee
N/AN/A
Balance Transfer Limit
N/AN/A
Balance Transfer Revert Rate
N/AN/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
$2.50N/A
Foreign Exchange Fee Percentage
N/A2.5%
Late Payment Fee
$38.00N/A
Overseas ATM Withdrawal Fee
$5.00N/A
Digital wallets
Apple Pay Enabled
YesYes
Google Pay Enabled
YesYes
Samsung Pay Enabled
YesNo
Eligibility
Available To Existing Customers
NoYes
Minimum Age
18 years18 years
Minimum Credit Rating
GoodGood
Minimum Income
N/AN/A
Temporary Residents Accepted
NoNo