Canada’s Amex Rewards Guide

5 x Earn up to 15,000 bonus points with the Amex Cobalt Card

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Earn 15,000 bonus points with the Amex Cobalt Card

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Home » AMEX Cards Canada » Amex Canada Welcome Bonus History: Compare Current Offers to Past Highs
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Amex Canada Welcome Bonus History

Compare current Amex Canada welcome bonuses with past offers to see stronger bonuses, avoid weak ones, and decide whether to apply now or wait.

Select a card to see how today’s welcome bonus compares to past offers, typical ranges, and historical highs.

Cobalt Card Current Offer Summary

Current Welcome Bonus

Up to 15,000 Amex Membership Rewards

Offer Status

Low-End Typical Offer

Net Value After Fees

-$42
Cobalt Card Welcome Bonus History

Welcome Bonus Events - Master Post v1

Cobalt Card

Annual fee: $15.99/month

Cobalt Card
Apply Now Read Full Review

Instant decision available with no impact to your credit score.

Cobalt Card Current Offer Snapshot

Last Change
Down 15,000 points
Typical Range
15,000-30,000 points
Historical High
50,000 points
Current Offer Since
Nov 2023

Current Offer Verdict

Low-End Typical Offer

Apply for the Cobalt if you want long-term earning power, not a peak welcome bonus.

The current Amex Cobalt welcome bonus is at the low end of its typical 15,000-30,000 point range and sits well below the 50,000-point historical high we’ve tracked. It has also been the standard public offer since Nov 2023, after dropping by 15,000 points.

That means this is not a strong timing signal if you are mainly chasing the signup bonus. However, the Cobalt still makes sense if you want the card for its 5x food, grocery, and drinks earning power, where the long-term value can matter more than the upfront offer.

Cobalt Card

Cobalt Card

Ready to apply for the Cobalt Card?

Apply now to view the current offer, or read the full review before choosing.

Apply Now Read Full Review

Instant decision available with no impact to your credit score.

Best Current Amex Welcome Bonuses in Canada

The strongest current Amex welcome bonuses in Canada, based on limited-time status, historical offer strength, recent offer changes, and net bonus value after fees.

Historical High
Aeroplan Reserve Card

Aeroplan Reserve Card

Up to 150,000 Aeroplan miles

Limited-Time Offer: Ends Jul 28, 2026

Net bonus value after fees: $1,802
Annual fee: $599/year
Best for: Premium Aeroplan Travel
Apply Now
Read Review View Bonus History
Strong Offer
Platinum Card

Platinum Card

Up to 170,000 Amex Membership Rewards

Limited-Time Offer: Ends Jul 28, 2026

Net bonus value after fees: $102
Annual fee: $799/year
Best for: Premium Lounge Access
Apply Now
Read Review View Bonus History

Compare All Current Amex Welcome Bonus Offers

Not sure which card is right for you? Compare all current Amex cards in Canada by welcome bonus, fees, and estimated net value after fees.

How to Use This Amex Canada Welcome Bonus History Tracker

Welcome bonuses are one of the easiest ways to earn more travel rewards from an Amex card, but only if you apply at the right time.

You can see how today’s welcome bonus compares with past offers, you can tell whether you’re getting a great deal or an average one. That can mean earning tens of thousands more points, extra statement credits, or hundreds of dollars in additional value by applying for the same card.

Start by selecting a card from the dropdown near the top of the page. You’ll see the current welcome bonus, recent offer changes, estimated net value after fees, historical range, and how today’s offer compares.

What To Look For

When reviewing a card, focus on four things:

Current welcome bonus

What you can earn today

Historical high

The best public offer tracked for that card

Typical range

What the card usually offers

Net value after fees

The estimated upfront value after annual fees

Compare Multiple Amex Cards

Use the comparison table to compare current Amex welcome offers side by side by bonus size, annual fee, offer status, and estimated net value after fees.

A premium card may offer a huge number of points, but the annual fee and spending requirement can reduce the real value. A lower-fee card may offer fewer points, but still be the better fit if it earns well on your everyday spending.

The best Amex card is not always the one with the biggest bonus. It is the one where the offer, fees, benefits, and your spending actually line up.

The Amex Canada Welcome Bonus Tracker Comparison Table

Apply Now When:

The current offer is at or near a historical high

The offer is clearly above the card’s usual range

The limited-time deadline is attached to a genuinely strong bonus

The spending requirement is realistic for you

The card benefits fit your travel or everyday spending habits

You were already planning to get the card

If the offer is strong and the card fits, waiting for something slightly better can backfire.

Wait and Compare Other Cards When:

The current offer is weak

The card has a history of better public offers

You do not need the card right away

The annual fee is hard to justify

The spending requirement feels forced

Another Amex card currently has a stronger offer

A weak offer does not automatically make a card bad. It just means the timing may not be ideal, especially if your main goal is to maximize the welcome bonus.

About the Data

We’ve tracked Amex Canada welcome bonuses since 2019, focusing on public offers available to Canadian applicants.

The tracker does not include targeted offers, referral-only offers, upgrade offers, or personalized promotions unless specifically noted.  Those offers can sometimes be better than the public offer, but they are not available to everyone.

This tracker includes personal and business American Express cards in Canada across major rewards programs, including:

Membership Rewards

Aeroplan

Marriott Bonvoy

Cash back

Scotiabank Scene+

For each card, the data may include:

Current welcome bonus

Offer status

Bonus value

Annual fee

Net value after fees

Historical range

Current offer start date

Most recent offer change

What is “Net Value After Fees“?

Estimated bonus value – required card fees = net value after fees

$1,802

Positive net value

Estimated bonus value is higher than required fees.

-$398

Negative net value

Required fees are higher than estimated bonus value before benefits.

Net value after fees estimates the value of the welcome bonus after subtracting the card fees required to earn it.

However, net value after fees is not the full value of the card. It does not include ongoing earn rates, travel credits, airport lounge access, insurance, hotel benefits, companion benefits, Air Canada perks, or business card features.

That is why some premium cards may still be worth considering even if the simple net value looks weaker.

How Offer Labels Work

Offer labels compare today’s bonus against that card’s own tracked history.

Historical High

The current public offer matches the highest offer tracked for that card.

Strong Offer

The current bonus is above the card’s typical range or meaningfully better than usual.

Typical Offer

The bonus falls within the card’s normal range.

Low-End Typical Offer

The bonus is near the lower end of the card’s usual range.

Weak Offer

The current bonus is below what we would normally expect.

Limited History

There is not enough public offer history to judge the bonus confidently.

Common Questions About Amex Canada Welcome Bonuses

The best Amex welcome bonus depends on more than the number of points.

Look at the bonus size, annual fee, spending requirement, net value after fees, rewards currency, and whether you will actually use the benefits. Use the comparison table to narrow the list, then read the full card review before applying.

Yes. American Express usually uses terms like welcome bonus or welcome offer, while many people search for Amex sign-up bonus. On this page, they generally refer to the same thing: rewards available to new eligible cardmembers after meeting the offer requirements.

It’s is a strong signal. A historical high means the bonus itself is excellent compared with that card’s past offers. However, you still need to make sure the spending requirement is realistic and the card fits your goals.

Wait if the current offer is weak, you do not need the card right away, and the card has a history of better bonuses.

Apply now if the offer is strong, the card fits your spending, and you would be annoyed if the bonus disappeared tomorrow.

Sometimes cards return to familiar welcome bonus ranges. Others can go long stretches without offering a big increase. Reviewing the bonus history helps you understand whether today’s offer is routine or represents a rare bonus worth applying for.

Ready to Choose an Amex Card?

Tracking welcome bonus history is one of the smartest ways to get more travel rewards from each application. Use this tracker to make informed decisions and apply when the offer is right for you.

Compare Bonus History

What’s Next?

Compare bonus history Best Amex Cards in Canada guide Amex Cobalt Card review Amex Platinum Card review Amex Gold Card review How to get approved for an Amex Card

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