Offer
- In your first 10 months as a new SimplyCash® Preferred Card from American Express Cardmember, you can earn a $40 statement credit for each monthly billing period in which you spend $750 in purchases on your Card. This could add up to $400 in statement credits in the first 10 months
- Earn accelerated earn rates on eligible gas and grocery purchases
- Earn 4% cash back on eligible gas station purchases in Canada, 4% cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually) and 2% cash back on all other purchases
- Access events and special offers curated for Cardmembers with American Express® Experiences
- Extensive insurance coverage and 24/7 Customer Service
Fees & Conditions
Value
Advantages
Earnings
Per dollar of purchases
Insurance
Travel Insurance
There may be a daily maximum amount depending on the type of fees paid
Other Insurance
Our review
The SimplyCash® Preferred Card from American Express is the only credit card in Canada to earn 2% cash back on all purchases. Plus, you can get:
- 4% cash back on gas purchases
- 4% cash back on grocery purchases
And with this welcome offer, you can earn a $40 statement credit for every $750 in purchases charged to your Card in your first 10 months (up to $400 in statement credits).
The SimplyCash® Preferred Card from American Express Card is especially popular with those who have significant purchases to make: home improvement, furniture or appliance purchases since it offers 2% cash back at all stores.
This Card stands out for its numerous coverages offered: Theft and damage to rental cars, $100,000 travel accident, emergency medical expenses (out-of-province or out-of-country), lost or stolen baggage, flight delay and misdirected baggage, hotel/motel burglary, Purchase Security, Purchase Protection.
Like all American Express Canada Cards, there is no minimum income requirement.
Frequently Asked Questions
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Where can I use the SimplyCash® Preferred Card from American Express in Quebec or Canada?
You can use your SimplyCash® Preferred Card from American Express at grocery stores like IGA, Metro, Super C, Safeway, Whole Foods, your local Couche-tard or 7Eleven convenience store, your favourite gas station like Esso, Shell, Petro-Canada or any travel provider!
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What is the welcome offer for the SimplyCash® Preferred Card from American Express?
With your SimplyCash® Preferred Card from American Express, you can earn 4% cash back per dollar on grocery and gas purchases and 2% cash back per dollar on all other purchases.
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$40 statement credit per month on $750 in purchases, up to $400 in 10 months.
What are the cash-back ratios for gas and grocery purchases?
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4% on purchases at Canadian gas stations and grocery stores, up to $1,200 cash back per year.
What is the cash back rate for other purchases?
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2% cash back on all other purchases.
What special events are available to Cardmembers?
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Access to events and special offers via American Express Experiences.
What are the annual card fees?
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$119.88 annually, with the first additional card free of charge.
Are there any fees for foreign currency transactions?
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2.5% fee on foreign currency transactions.
Alternative Cards
Legal
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