[American Express] Amex Cobalt - 45,000 MR-S + $120 GCR
- Deal Link:
- https://www.greatcanadianrebates.ca/sho ... ex-Cobalt/
- Retailer:
- American Express
I've been watching the GCR for the AMEX Cobalt since the 45,000 bonus points offer from AMEX will be available until mid May.
Some quick math:
2,500 MR per each month with > $500 spent
15,000 MR for $3,000 total spend in first 3 months
This means:
15,000 + 12 * 2,500 = 45,000
If you include a minimum spend of $3000 + 9 x $500 = $7,500 you end up with:
45,000 Bonus Points + $7,500 ( 1MR/$ ~ 5MR/$ ) a minimum of 52,500 points or up to 82,500 points.
With fixed mile redemption, you can get up to 1.5 cpp conservatively, which means you are looking at a range of $525 ~ $1237 in value after the GCR and Annual Fee [ +$120 + (-$120) ]
Edit: Math since GCR is now a generous $120!
Some quick math:
2,500 MR per each month with > $500 spent
15,000 MR for $3,000 total spend in first 3 months
This means:
15,000 + 12 * 2,500 = 45,000
If you include a minimum spend of $3000 + 9 x $500 = $7,500 you end up with:
45,000 Bonus Points + $7,500 ( 1MR/$ ~ 5MR/$ ) a minimum of 52,500 points or up to 82,500 points.
With fixed mile redemption, you can get up to 1.5 cpp conservatively, which means you are looking at a range of $525 ~ $1237 in value after the GCR and Annual Fee [ +$120 + (-$120) ]
Edit: Math since GCR is now a generous $120!
Last edited by SpendingToSave97 on Feb 19th, 2021 11:55 am, edited 4 times in total.
