American Express
American Express Gold Rewards Card
≈ $255.80 a year after fees, on a typical budget
- Annual fee
- $250
- Earns
- American Express Membership Rewards
- FX fee
- 2.5%
- 2×Travel, gas, grocery & drugstore
- 1×Everything else
American Express Cobalt Card
- Yearly value, after fees
- ≈ $864.72
- Annual fee
- $155.88/year (Billed $12.99 monthly)
- Foreign transaction fee
- 2.5%
- Network
- American Express
Earn rates
| On | Earns |
|---|---|
| Eats & drinksCapped | 5 pts/$ |
| Streaming | 3 pts/$ |
| Gas, transit & travel | 2 pts/$ |
| Everything else | 1 pts/$ |
"pts/$" means points per dollar. Rewards are earned in American Express Membership Rewards points.
Spending caps
- 5× applies to the first $2,500 of combined eats & drinks spending each month.
What it earns in a year
On a typical Canadian budget of $1,850 a month, at Fruga's default value of 1.5¢ per American Express Membership Rewards point:
- Rewards
- $1,020.60
- Annual fee
- − $155.88
- Net yearly value
- $864.72
Welcome bonuses are not included. How we calculate this.
Fine print
- Grocery earning depends on the merchant being coded as a grocery store; superstores and warehouse clubs may not qualify.
- Amex is not accepted at every Canadian merchant.
More from American Express
American Express
The Platinum Card
≈ −$399.40 a year after fees, on a typical budget
- Annual fee
- $799
- Earns
- American Express Membership Rewards
- FX fee
- 2.5%
- 2×Dining & food delivery
- 2×Travel
- 1×Everything else
American Express
American Express SimplyCash Preferred Card
≈ $511.32 a year after fees, on a typical budget
- Annual fee
- $119.88
- Earns
- Cash back
- FX fee
- 2.5%
- 4%Gas & grocery *
- 2%Everything else