American Express Cobalt Card
American Express
VS
BMO Ascend World Elite Mastercard
BMO
Best Value
American Express Cobalt Card wins by $196
Based on your spending — adjust below to personalise
Monthly Spending— all calculations update live
Best Value
American Express Cobalt Card
Category Earnings+$1212
Welcome Bonus+$150
Annual Fee-$191.88
Net Value$1170
Earnings breakdown
Grocery$720
Gas$72
Dining$360
Bills$60
BMO Ascend World Elite Mastercard
Category Earnings+$624
Welcome Bonus+$500
Annual Fee-$150
Net Value$974
Earnings breakdown
Grocery$288
Gas$72
Dining$144
Bills$120
Annual Fee
American Express
$191.88
BMO Ascend
$150
✓ Better
Welcome Bonus
American Express
$150
BMO Ascend
$500
✓ Better
Base Rate
American Express
100.0x
BMO Ascend
150.0x
✓ Better
Grocery
American Express
5.0x
✓ Better
BMO Ascend
2.0x
Gas
American Express
2.0x
BMO Ascend
2.0x
Dining
American Express
5.0x
✓ Better
BMO Ascend
2.0x
Bills
American Express
1.0x
BMO Ascend
2.0x
✓ Better
| Feature | American Express Cobalt Card | BMO Ascend World Elite Mastercard |
|---|---|---|
Annual Fee | $191.88 | $150 |
Welcome Bonus | $150 | $500 |
Base Rate | 100.0x | 150.0x |
Grocery | 5.0x | 2.0x |
Gas | 2.0x | 2.0x |
Dining | 5.0x | 2.0x |
Bills | 1.0x | 2.0x |
How net value is calculated
Net Value = Category Earnings + Welcome Bonus − Annual Fee
Category earnings = annual spend per category × reward rate. First-year estimate.