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American Express is hiking the fees for some Amex cards in Canada

Certain American Express (Amex) credit card holders in Canada will soon see an increase in their monthly fee.The company shared an important notice on its site, advising Amex Cobalt Card holders in Canada that their monthly fee is about to go up.Effective Nov. 5, 2025, the monthly fee for non-Quebec residents will increase to $15.99 per month (which equals $191.88 annually), and the annual fee for Quebec residents will increase to $191.88 per year.The current monthly fee for the Amex Cobalt Card in Canada is $12.99 a month ($155.88 annually) and $150 a year for Quebec residents. That means non-Quebec residents will pay $36 more annually, and Quebec residents will pay $41.88 more per year starting in November.American Express did not specify why it is increasing the fee, but we have reached out and will update the story when the company responds.Amex Cobalt is popular among credit card holders, boasting robust rewards on dining, groceries, and streaming. Users can earn...


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