With the decrease in credit card interchange fees in Canada, we have seen the disappearance of credit cards offering 2% on all purchases in recent years.
Today, only one credit card offers 4% cash back on grocery and gas purchases and 2% cash back on all other purchases. This is the SimplyCash® Preferred Card from American Express.
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).
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.
As a SimplyCash® Preferred Cardmember , you have access to many benefits:
- American Express Online Promotional Offers: Each month, you will receive personalized offers to earn more cash back at selected merchants
- Out of Province/Country Emergency Medical Insurance up to $5,000,000
- Flight Delay Insurance
- Baggage Delay Insurance
- Hotel Burglary Insurance
- Lost or Stolen Baggage Insurance
- $100,000 Travel Accident Insurance
- Car Rental Theft and Damage Insurance
- Buyer’s Assurance® Protection Plan for up to 1 additional year
- 90-day Purchase Protection® Plan
The SimplyCash® Preferred Card from American Express is one of the best cash back credit cards in Canada. This Card is mainly intended for those who do not wish to multiply the credit cards in their wallet or have many purchases that don’t fit in spending categories of other cards.
It is also a perfect Card for those who do not have the minimum income required by other cards. Actually, there is no minimum income required to apply for this card.
And for a limited time, now is the best moment to get this card with this welcome bonus of up to $400 cash back. Would you like to get it? Apply for this Card via the American Express website.