Ratesopedia
Best for: Overall value
American Express Cobalt Card
American Express Cobalt Card
4.7Ratesopedia rating

It comes with a welcome bonus of 15,000 points. You earn 5x on groceries and 5x at restaurants. Estimated first-year value is $1,263.

Best of Month

Annual Fee

$192

Rewards rate

1x

Amex Membership Rewards

Welcome Bonus

15,000 points

1st Year Value

$1,263

Pros

  • Welcome bonus of 15,000 points
  • 5x on groceries
  • 5x at restaurants
  • Estimated 1st-year value of $1,263

Cons

  • High annual fee ($191.88)
Best for: Overall value
American Express Platinum Card
American Express Platinum Card
5.0Ratesopedia rating

It comes with a welcome bonus of 170,000 points. You earn 1x on groceries and 2x at restaurants. Estimated first-year value is $2,560.

Best of Month

Annual Fee

$799

Rewards rate

1x

Amex Membership Rewards

Welcome Bonus

170,000 points

1st Year Value

$2,560

Pros

  • Welcome bonus of 170,000 points
  • 2x at restaurants
  • Estimated 1st-year value of $2,560

Cons

  • High annual fee ($799)
Best for: Overall value
American Express Gold Rewards Card
American Express Gold Rewards Card
5.0Ratesopedia rating

It comes with a welcome bonus of 60,000 points. You earn 2x on groceries and 1x at restaurants. Estimated first-year value is $1,411.

Best of Month

Annual Fee

$250

Rewards rate

1x

Amex Membership Rewards

Welcome Bonus

60,000 points

1st Year Value

$1,411

Pros

  • Welcome bonus of 60,000 points
  • 2x on groceries
  • Estimated 1st-year value of $1,411

Cons

  • High annual fee ($250)
Best for: Travel rewards
Marriott Bonvoy American Express Card
Marriott Bonvoy American Express Card
4.5Ratesopedia rating

It comes with a welcome bonus of 70,000 points. You earn 2x on groceries and 2x at restaurants. Estimated first-year value is $912.

Best of Month

Annual Fee

$120

Rewards rate

2x

Marriott Bonvoy

Welcome Bonus

70,000 points

1st Year Value

$912

Pros

  • Welcome bonus of 70,000 points
  • 2x on groceries
  • 2x at restaurants
  • Estimated 1st-year value of $912

Cons

  • Fewer premium perks
Best for: No annual fee
American Express Green Card
American Express Green Card
4.3Ratesopedia rating

The American Express Green Card has no annual fee, making it risk-free to hold. It comes with a welcome bonus of 10,000 points. You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $549.

Best of Month

Annual Fee

$0

Rewards rate

1x

Amex Membership Rewards

Welcome Bonus

10,000 points

1st Year Value

$549

Pros

  • No annual fee
  • Welcome bonus of 10,000 points
  • Estimated 1st-year value of $549

Cons

  • Fewer premium perks
Best for: No annual fee
SimplyCash Card from American Express
SimplyCash Card from American Express
AmexAmexCash Back
3.8Ratesopedia rating

The SimplyCash Card from American Express has no annual fee, making it risk-free to hold. It comes with a welcome bonus of $100. You earn 2x on groceries and 1.25x at restaurants. Estimated first-year value is $442.

Best of Month

Annual Fee

$0

Rewards rate

1.25x

Cash Back

Welcome Bonus

$100

1st Year Value

$442

Pros

  • No annual fee
  • Welcome bonus of $100
  • 2x on groceries
  • Estimated 1st-year value of $442

Cons

  • Fewer premium perks
Best for: Overall value
SimplyCash Preferred Card from American Express
SimplyCash Preferred Card from American Express
AmexAmexCash Back
4.2Ratesopedia rating

It comes with a welcome bonus of $250. You earn 4x on groceries and 2x at restaurants. Estimated first-year value is $745.

Best of Month

Annual Fee

$120

Rewards rate

2x

Cash Back

Welcome Bonus

$250

1st Year Value

$745

Pros

  • Welcome bonus of $250
  • 4x on groceries
  • 2x at restaurants
  • Estimated 1st-year value of $745

Cons

  • Fewer premium perks
Best for: Overall value
American Express Aeroplan Card
American Express Aeroplan Card
4.7Ratesopedia rating

It comes with a welcome bonus of 45,000 points. You earn 1x on groceries and 1.5x at restaurants. Estimated first-year value is $1,246.

Best of Month

Annual Fee

$120

Rewards rate

1x

Aeroplan

Welcome Bonus

45,000 points

1st Year Value

$1,246

Pros

  • Welcome bonus of 45,000 points
  • Estimated 1st-year value of $1,246

Cons

  • Fewer premium perks
Best for: Overall value
American Express Aeroplan Reserve Card
American Express Aeroplan Reserve Card
5.0Ratesopedia rating

It comes with a welcome bonus of 150,000 points. You earn 1.25x on groceries and 2x at restaurants. Estimated first-year value is $2,988.

Best of Month

Annual Fee

$599

Rewards rate

1.25x

Aeroplan

Welcome Bonus

150,000 points

1st Year Value

$2,988

Pros

  • Welcome bonus of 150,000 points
  • 2x at restaurants
  • Estimated 1st-year value of $2,988

Cons

  • High annual fee ($599)
Best for: Overall value
American Express Aeroplan Business Reserve Card
American Express Aeroplan Business Reserve Card
5.0Ratesopedia rating

It comes with a welcome bonus of 90,000 points. You earn 1.25x on groceries and 1.25x at restaurants. Estimated first-year value is $1,826.

Best of Month

Annual Fee

$599

Rewards rate

1.25x

Aeroplan

Welcome Bonus

90,000 points

1st Year Value

$1,826

Pros

  • Welcome bonus of 90,000 points
  • Estimated 1st-year value of $1,826

Cons

  • High annual fee ($599)

Complete Guide

Best American Express Credit Cards in Canada

Compare all Amex cards in Canada. Cobalt, Gold, Platinum, Green, Marriott Bonvoy, and Aeroplan cards reviewed.

American Express Canada Lineup

American Express offers some of Canada’s most rewarding credit cards. The Amex Cobalt consistently ranks as Canada’s #1 credit card for its 5x points on food and drink. The Platinum Card offers ultra-premium perks including lounge access and hotel status.

Membership Rewards

Amex Membership Rewards points are among the most valuable in Canada, transferable to Aeroplan, British Airways, Marriott Bonvoy, Hilton, and other partners. This flexibility makes Amex cards ideal for maximizing travel value.

Options for Everyone

From the no-fee SimplyCash cards to the premium Platinum, Amex has options across every budget. Their Aeroplan and Marriott co-branded cards also offer strong earn rates.

13

Cards analyzed

Jun 2026

Last updated

100%

Independent

Methodology

Our team evaluates credit cards based on overall consumer value: rewards earning rates, annual fees, welcome bonuses, insurance coverage, and additional perks. Cards are ranked by estimated first-year value. We update our picks monthly.

📊Real data
🔄Updated regularly
⚖️Unbiased review
🎯Transparent criteria

FAQ

Frequently Asked Questions

1Is the Amex Cobalt the best card in Canada?

It’s widely considered the best overall credit card for earning rewards, with 5x points on food/drink and highly flexible Membership Rewards points.

2Where is American Express accepted in Canada?

Amex acceptance has improved significantly. Most major retailers, restaurants, and online merchants accept Amex, though some smaller businesses still don’t.

3Can I transfer Amex points to Aeroplan?

Yes. Membership Rewards points transfer 1:1 to Aeroplan, making Amex cards excellent for earning Aeroplan miles on everyday spending.

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Find your perfect card

Compare the best credit cards in Canada or calculate which card's rewards actually fit your budget.