Head to head
The American Express® Cobalt® Card vs The Platinum Card®
Fees, rates, rewards, and welcome offers side by side. Every figure links to the issuer's own page.
| Issuer | American Express | American Express |
| Network | American Express | American Express Platinum |
| Annual fee | $191.88 | $799 |
| Purchase APR | 21.99% | 21.99% |
| Cash advance APR | 21.99% | — |
| FX fee | n/a | n/a |
| Welcome (est. value) | ~$300 | ~$2600 |
| Top earn rate | 5x Eats & drinks (eligible restaurants, food delivery, groceries in Canada) | 2x Dining & food delivery purchases in Canada |
| Lounge visits | n/a | n/a |
| Min. income | n/a | n/a |
Frequently asked
- Is the The American Express® Cobalt® Card or the The Platinum Card® better?
- Neither is universally better. The The American Express® Cobalt® Card charges a $191.88 annual fee at 21.99% purchase APR, while the The Platinum Card® charges $799 at 21.99%. The right pick depends on how you spend and whether you carry a balance. Confirm all details on each issuer's page before applying.
- Where do these numbers come from?
- Every fee, rate, and offer here is pulled from the card issuer's own product and application pages, never an affiliate feed. Rates and offers change, so always verify on the official issuer page before you apply.
- Is this financial advice?
- No. This is an educational comparison to help you weigh two cards. It is not financial advice.
Decide with confidence
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