American Express
American Express Cobalt Card
≈ $864.72 a year after fees, on a typical budget
- Annual fee
- $155.88
- Earns
- American Express Membership Rewards
- FX fee
- 2.5%
- 5×Eats & drinks *
- 3×Streaming
- 2×Gas, transit & travel
- 1×Everything else
American Express SimplyCash Preferred Card
- Yearly value, after fees
- ≈ $511.32
- Annual fee
- $119.88/year (Billed $9.99 monthly)
- Foreign transaction fee
- 2.5%
- Network
- American Express
Earn rates
| On | Earns |
|---|---|
| Gas & groceryCapped | 4% |
| Everything else | 2% |
"pts/$" means points per dollar. Rewards are earned in Cash back.
Spending caps
- 4% applies to up to $30,000 of gas and grocery spending per year.
What it earns in a year
On a typical Canadian budget of $1,850 a month, at Fruga's default value of $1.00 per $1 of cash back:
- Rewards
- $631.20
- Annual fee
- − $119.88
- Net yearly value
- $511.32
Welcome bonuses are not included. How we calculate this.
Fine print
- Cash back is credited annually.
More from American Express
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
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