American Express Cobalt Card
American Express
VS
BMO CashBack World Elite Mastercard
BMO
Best Value
American Express Cobalt Card wins by $130
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 CashBack World Elite Mastercard
Category Earnings+$960
Welcome Bonus+$200
Annual Fee-$120
Net Value$1040
Earnings breakdown
Grocery$720
Gas$108
Dining$72
Bills$60
Annual Fee
American Express
$191.88
BMO CashBack
$120
✓ Better
Welcome Bonus
American Express
$150
BMO CashBack
$200
✓ Better
Base Rate
American Express
100.0x
✓ Better
BMO CashBack
1.0x
Grocery
American Express
5.0x
BMO CashBack
5.0x
Gas
American Express
2.0x
BMO CashBack
3.0x
✓ Better
Dining
American Express
5.0x
✓ Better
BMO CashBack
1.0x
Bills
American Express
1.0x
BMO CashBack
1.0x
| Feature | American Express Cobalt Card | BMO CashBack World Elite Mastercard |
|---|---|---|
Annual Fee | $191.88 | $120 |
Welcome Bonus | $150 | $200 |
Base Rate | 100.0x | 1.0x |
Grocery | 5.0x | 5.0x |
Gas | 2.0x | 3.0x |
Dining | 5.0x | 1.0x |
Bills | 1.0x | 1.0x |
How net value is calculated
Net Value = Category Earnings + Welcome Bonus − Annual Fee
Category earnings = annual spend per category × reward rate. First-year estimate.