American Express · Rewards Calculator
American Express Cobalt CardRewards Calculator
| Category | Earn Rate |
|---|---|
| eats & drinks | 5 Membership Rewards points per $1 |
| streaming subscriptions | 3 Membership Rewards points per $1 |
| gas, transit & ride share | 2 Membership Rewards points per $1 |
| everything else | 1 Membership Rewards points per $1 |
Enter Your Monthly Spending
We'll calculate your Membership Rewards points earnings by category
Supermarkets & grocery stores
Restaurants, takeout, food delivery
Gas stations & EV charging
Public transit, Uber, taxis
Flights, hotels, car rentals
Netflix, Spotify, digital subs
Phone, internet, utilities
Pharmacies & drugstores
Movies, events, concerts
Everything else
Enter your monthly spending above
Fill in how much you spend in each category to see a detailed breakdown of your Membership Rewards points earnings with the American Express Cobalt Card.
Or try a quick-fill preset to get started
Ready to apply for the American Express Cobalt Card?
Read our full review for detailed information on benefits, insurance coverage, and how to maximize your Membership Rewards points.
Welcome Bonus
Bonus
Up to 15,000 Membership Rewards points
How to Earn It
15,000 Membership Rewards points
Spend $750 per monthly billing period for 12 months
Card Details
- Annual Fee
- $191.88/yr
- Network
- Amex
- Rewards Program
- Membership Rewards
- Purchase Interest Rate
- 21.99%
- Cash Advance Rate
- 21.99%
- Foreign Transaction Fee
- 2.5%
- Lounge Access
- No
How to Use the American Express Cobalt Card Rewards Calculator
This calculator helps you estimate how many Membership Rewards points you can earn each month and year based on your real spending habits. Enter your average monthly spending in each category above — groceries, dining, gas, transit, travel, streaming, and more — and the calculator will automatically apply the American Express Cobalt Card's earn rates to show you a complete breakdown.
Understanding American Express Cobalt Card Earn Rates
The American Express Cobalt Card earns Membership Rewards points at different rates depending on the spending category. Here's how the card's tiered earn structure works:
- eats & drinks: 5 Membership Rewards points per $1
- streaming subscriptions: 3 Membership Rewards points per $1
- gas, transit & ride share: 2 Membership Rewards points per $1
- everything else: 1 Membership Rewards points per $1
By focusing your spending on the highest-earning categories, you can maximise the value you get from the American Express Cobalt Card. Use the presets above to quickly model different spending profiles and see how your rewards change.
Maximising the Value of Your Membership Rewards points
The true value of your Membership Rewards points depends on how you redeem them. As part of the Membership Rewards program, you have several redemption options available — from travel bookings to transfer partners. Use the point valuation slider in the calculator to see how different redemption strategies affect the dollar value of your earnings.
Is the $191.88 Annual Fee Worth It?
The American Express Cobalt Card carries an annual fee of $191.88. Use this calculator to see whether the value of your earned rewards exceeds the fee. The "Net Value" card in the results shows your estimated rewards value minus the annual fee — if it's positive, you're coming out ahead.