SimplyCash™ from American Express

SimplyCash™ from American Express

A credit card with no annual fee earning 1.25% cash back on all purchases. No annual cash back limit.

Take advantage of this limited-time welcome offer!



Welcome Bonus

up to $150 cash back

Best For

Annual Fee


Our Review

This credit card is one of the best no-fee cash back credit cards in Canada.

For a limited time, you get 2.5% cash back on all your purchases; that’s up to a $150 welcome bonus.

With this Card, you can earn 1.25% cash back on all your purchases, with no annual limit.

Finally, you benefit from insurance on your purchases.

Like most American Express Credit Cards, there is no minimum income required to apply for this Card.


  • New SimplyCash™ Card from American Express Cardmembers can earn 2.5% cash back on purchases (up to $150 cash back) for the first 3 months of Cardmembership
  • Earn 1.25% cash back on purchases when your Welcome Rate ends
  • No limit to the amount of cash back you can earn after your Welcome Rate ends
  • Access to memorable experiences with American Express Invites®
  • Insurance coverage and 24/7 Customer Service *

Fees & Conditions

Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 21.99%


Welcome Bonus up to $150 cash back
Minimum Spending Required $6000
Rewards Type Cash Back
Transfer Partners Cashback
Loyalty Program Cashback
All Spending 1.25
Travel 1.25
Local Transport 1.25
Dining and Food delivery 1.25
Groceries 1.25
Convenience Stores 1.25
Gas 1.25
Drugstores 1.25
Office Supplies 1.25
Telecom/Internet 1.25
Entertainment 1.25
Recurring Payments 1.25



We estimate the value of the welcome offer during the first year for all the credit card offers. Are taken into consideration:

  • The value of cash back or points earned
  • The value of the benefits or credits earned with the Card
  • The annual fee value (offered or not)


Calculation of the offer’s value in the first year
Value per point 1.0 ¢
Welcome bonus up to $150 cash back
Annual fee $0
Value about $150



Common Carrier Travel Accident Insurance Amount $100000
Common Carrier Travel Accident Insurance
Purchase Protection - Amount $1000
Purchase Protection - Duration 90 day(s)
Extended Warranty
Extended Warranty - Duration 1 year(s)
Insurance Document Learn More