American Express Upgrade Offers: Switch to Cobalt, Gold, or Platinum (Ending Soon)

Every now and then, American Express puts out upgrade offers for existing cardholders of select products. By upgrading to a higher-tier card, you’ll receive a new welcome bonus, and you’ll also benefit from any other perks included with the card.

Currently, there are upgrade offers to switch from the American Express Green Card to the American Express Cobalt Card or the American Express Gold Rewards Card, from the Cobalt Card to the Gold Rewards Card, and the Gold Card to the American Express Platinum Card.

Here’s everything you need to know about the promotional upgrade offers, which run through to August 18, 2025.

Amex Green to Amex Cobalt Upgrade Offer

The American Express Green Card is the most basic Membership Rewards credit card in Amex Canada’s portfolio. It doesn’t have an annual fee, but it also doesn’t come with any other meaningful benefits, other than the following everyday earning rates:

• Earn 1 Membership Rewards point per dollar spent on all purchases
• Earn 1 additional Membership Rewards point per dollar spent on eligible hotels and car rentals booked through the Amex Travel portal

Right now, you can choose to upgrade from this product to the American Express Cobalt Card. If you do so, you’ll earn 15,000 Membership Rewards points, so long as you make $2,000 (all figures in CAD) in net purchases within the first three months after upgrading.

If you make the switch, keep in mind that the Cobalt Card comes with a $12.99 monthly membership fee, and features the following earning rates, which are the best in Canada:

• Earn 5 points per dollar spent on eats, drinks, and groceries (up to a maximum of $2,500 per month)
• Earn 3 points per dollar spent on streaming services
• Earn 2 points per dollar spent on gas, transit, and rideshare purchases
• Earn 1 point per dollar spent on all other purchases
• Earn 1 additional point per dollar spent on eligible hotels and car rentals through the Amex Travel portal

While the Cobalt Card is sparse on premium travel benefits, such as lounge access, its outstanding earning rates make it one of Canada’s must-have credit cards.

If you wish to learn more about the upgrade from the Amex Green to the Amex Cobalt, head through to the offer’s landing page.

Amex Green to Amex Gold Rewards Upgrade Offer

Another upgrade option that’s currently available to cardholders of the Amex Green Card is to move up to the Amex Gold Rewards…