Amex SimplyCash credit cards: up to $400 bonus!

Credit Cards Amex Cash Back Credit Cards: Up to $400 Bonus!

To the point Here are the new offers for cash back credit cards offering high returns on all your purchases.

Milesopedia recommends this card from American Express Canada

SimplyCash^® Preferred Card from American Express

Up to $250 cash back

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Cash Back Credit Cards

Cashback credit cards have their slot in our wallet for all our “other” purchases.

For example, with the two SimplyCash credit cards we present in this article:

American Express SimplyCash Preferred Card
SimplyCash™ Card from American Express

Unlike a card like the American Express Cobalt^® Card which offers accelerated earn rates on certain purchase categories (groceries, restaurants, bars, etc.), these two credit cards earn cash back at a flat rate for all your purchases.

SimplyCash^® Preferred Card from American Express

The SimplyCash^® Preferred Card from American Express is the only credit card in Canada that offers 2% cash back on all purchases. In addition, you can get:

4% cash back at gas stations
4% cash back at grocery stores

With this welcome offer, you can get 10% cash back on all your purchases (up to $2,000) during the first 3 months, for a total of up to $200. Plus, receive a $50 credit on your account after making a purchase in the 13th month.

The SimplyCash^® Preferred Card from American Express is particularly popular with those who have significant purchases to make: renovations, furniture or appliance purchases, as it offers 2% at all merchants.

This Card stands out for the numerous insurances offered: car rental theft and damage, $100,000 travel accident, emergency medical expenses (outside the province or country), lost or stolen baggage, flight delay and misdirected baggage, hotel or motel burglary, Purchase Protection, Buyer’s Assurance.

Like all American Express Canada Cards, there is no minimum income requirement.

SimplyCash^® Card from American Express

Are you looking for a cash back credit card with no annual fee and an excellent cash back rate for your everyday purchases? Here is an option for you: the SimplyCash^® Card from American Express.

With this no-annual-fee credit card, you earn:

2% cash back on gas purchases
2% cash back on grocery purchases
1.25% cash back on all other purchases

And with this welcome offer, you can earn 5% cash back on all your purchases (up to $2,000 in purchases) during the first 3 months (which is up to $100 in statement credits).

You benefit from several types of insurance : $100,000 travel accident, Purchase Protection, Purchase Security.

Like all American Express Canada Cards, there is no minimum income requirement.

An annual cash back

Cash back is redeemed once every calendar year.

You can check the cash back you earn, directly within your online account or on your statement.

Amex Cash Back Credit Cards: Up to $400 Bonus! - simplycash account

American Express Benefits

Like all other American Express cards, SimplyCash credit cards allow you to enjoy many benefits reserved for cardmembers.

Front Of The Line Advance Access

Cardmembers can purchase presale tickets or make reservations to some of the most in-demand:

concerts,
theatre productions,
the most popular restaurants and special events

Often before sales open to the general public.

Access to Front Of The Line reserved tickets

During the general sale period for many major events, Cardmembers can purchase Front Of The Line tickets for excellent seats reserved exclusively for American Express Cardmembers.

For example, in the facebook group of milesopedia, many American Express Cardmembers were able to benefit from this for future Celine Dion shows!

Amex Cash Back Credit Cards: Up to $400 Bonus! - bonusdollars concert

Front Of The Line News

Learn more at ticketmaster.ca/americanexpress. Sign up to receive Front Of The Line News and get lists of the most anticipated events delivered straight to your inbox.

Special Access for all Cardmembers

American Express Cardmembers can skip the lines with:

American Express’ private entrance to the Budweiser stage
relax in the American Express lounges at Budweiser Stage and Roy Thomson Hall
enjoy express service at the American Express reserved bar at Massey Hall.

Special Offers & Experiences for all Cardmembers

Throughout the year, Cardmembers can purchase a variety of special offers created solely for American Express: movie screenings, getaway packages, or shopping…
Additionally, these cards give you access to new American Express online promotional offers, which are often very attractive!

Conclusion

Both SimplyCash credit cards are attractive to anyone who wants to earn cash back.

As a points and miles enthusiasts we apply for this card to:

large purchases made outside the earn categories of other cards
Purchase/extended warranty insurance
Earn an exciting welcome bonus

These credit cards are also interesting if you do not have the income required by other cards: no minimum income is required.

Note that you get between 2% and 4% cash back for your gas and grocery purchases.

Frequently Asked Questions about American Express SimplyCash Cards

Here are frequently asked questions in the milesopedia community about this card.

Should I choose the SimplyCash or the SimplyCash Preferred?

The no-fee SimplyCash offers 2% on groceries and gas + 1.25% elsewhere, while the Preferred (with an annual fee) doubles the rates to 4% on groceries/gas + 2% everywhere else. The break-even point is around $5,000 to $6,000 in annual eligible spending: beyond that, the Preferred’s superior return easily covers the fee. For households spending $400+ per month on groceries and gas, the Preferred clearly wins; lighter consumers should stick to the no-fee version.

Are American Express cards widely accepted in Canada?

Acceptance has significantly improved. Loblaws, Sobeys, IGA, Metro, Esso, Shell, and most major restaurant chains now accept Amex. Costco, independent merchants, convenience stores, and some Quebec grocery banners (notably Maxi and Super C) still do not accept it, so most holders combine their Amex with a backup Visa or Mastercard. For SimplyCash users who shop mainly at major banners, acceptance is not a daily issue.

How is the welcome bonus paid out?

The SimplyCash Preferred offers up to $250 in cash back: 10% on the first $2,000 in purchases within the first 3 months (up to $200) plus a $50 credit in the 13th month if the account remains active. The no-fee SimplyCash offers up to $100 (5% on $2,000 in the first 3 months). All cash back is automatically applied as a statement credit, with no minimum redemption threshold or manual process. Credits appear on the monthly statement in the following cycle.

What insurance and benefits are included with the SimplyCash Preferred?

The Preferred includes $100,000 Travel Accident Insurance, Car Rental Theft and Damage coverage, Purchase Protection (90 days against theft, loss, and damage), and Extended Warranty doubling the manufacturer’s warranty for up to one additional year. Holders also unlock American Express Front Of The Line presales for concerts, theatre, and sports, plus Amex Experiences invitations. The no-fee SimplyCash offers similar protection but is slightly thinner on the travel side.

Come to discuss that topic in our Facebook Group!

Jean-Maximilien Voisine

Jean-Maximilien Voisine is the President and Founder of Milesopedia and a leading expert in rewards programs, credit cards, and travel across Canada, France, and the U.S.A. Now 40 years old and a father of two, he has explored more than 100 countries—many of them alongside his wife Audrey and their children. Specializing in loyalty programs such as Aeroplan, Flying Blue, American Express Membership Rewards, and Marriott Bonvoy, Jean-Maximilien helps travellers unlock the full potential of their points and benefits. His mission: empower others to travel better and smarter across North America and Europe.

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