credit-card

American Express Cobalt · 2× points on gas

2% back All brands

How to use it

2 Membership Rewards points/$ on gas and transit. ~2% value when transferred to airlines. Not every merchant accepts Amex.

This benefit can be factored into the best scenario if the brand and program conditions match.

Visit the official program ↗

💸 Net return after annual fee

The advertised gross return (4%, 3%, etc.) does not include the annual fee. Here is the effective return at different mileages.

Profile Gross savings Annual fee Net Effective rate
Light (8,000 km / 1,200 L) $46 −$156 −$110 -4.74%
Average (15,000 km / 1,750 L) $68 −$156 −$88 -2.62%
High (25,000 km / 2,800 L) $108 −$156 −$48 -0.89%

🎯 Break-even point : $7800 gas spend per year (below that, the card costs more than it earns.)

Terms verified on 2026-05-23

Programs can change their terms. To compare all cards, return to the card matrix.