Offer
- Earn a bonus 10% cash back on all purchases for your first 3 months (up to $2,000 in purchases). Plus, earn a $50 statement credit when you make a purchase in month 13. This could add up to $250 in bonus value in your first 13 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 Amex ExperiencesTM
- 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. In addition, you get :
- 4% cash back on gas purchases
- 4% cash back on grocery purchases
With this welcome offer, you can earn 10% cash back on all purchases (up to $2,000) for the first 3 months, or up to $200. Plus, receive a $50 statement credit after making a purchase in the 13th month.
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 is stands out by the many insurances it offers : rental car theft and damage, $100,000 travel accident, emergency medical expenses (out-of-province or out-of-country), lost or stolen baggage, flight delay and misdirected baggage, hotel or motel burglary, Purchase Protection, Purchase Security.
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?
10% cash back on all purchases for 3 months up to $2,000 total spend and $50 after a purchase in the 13th month.
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What are the cash-back ratios for gas and grocery purchases?
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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What is the cash back rate for other purchases?
2% cash back on all other purchases.
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What special events are available to Cardmembers?
Access to events and special offers via American Express Experiences.
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What are the annual card fees?
$119.88 annually, with the first additional card free of charge.
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Are there any fees for foreign currency transactions?
2.5% fee on foreign currency transactions.
Alternative Cards
Legal
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment.