Business Platinum Card from American Express
130,000 MR points
Amex Cobalt Card: Changes to the 5x Eats & Drinks Earning Limit
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American Express Cobalt Card
- Earn up to a total of 15,000 MR points upon spending $750 in each of the first 12 months
- Earn 5x MR points on groceries, restaurants, bars, and food delivery
- Earn 3x MR points on eligible streaming services
- Earn 2x MR points on gas and transit purchases
- Transfer MR points to Aeroplan, Avios, Flying Blue, Marriott Bonvoy, and more
- Enjoy the exclusive benefits of being an American Express cardholder
- Bonus MR points for referring family and friends
- Monthly fee: $12.99
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Just a heads up on the article, I called Amex and they confirmed the $2500 reset happens at the start of your statement period. not the start of the month.
How do you earn 150,000 MR points per year? Everything I read says it is capped at 2500 MR points /month. (I’m in Canada – is this why it is different?). thanks!
Hi, the cobalt card gets $2,500 monthly spending cap on all the 5x spending categories combined. Once the $2,500 is met, it will become 1x. With the 5x in place, the $2,500 earns 12,500 points, therefore, 12 months would be 150,000 points. Hope that helps.
Is this change still happening? I was just on the amex site and I don;t see this referenced in the cobalt terms and conditions
Do u still get 5x on food purchases in the usa? Confirmation anyone
Yes, there are confirmed reports of the 5x earning in the US. You’ll have to pay the foreign transaction fee, though.
If we reach the $30,000 cap before Aug 15th, are we still able to spend the $2500/mo afterwards and get points since its no longer capped to the year?
Have you figured this out?
Never did get an answer, so I don’t know for sure. I’m still getting 5x points on groceries. Deadline has passed and we’re all now under the new rules of$2500 per month for 5x.
Still the best card out there… Just need to do a bit more work to monitor.