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SimplyCashTM Preferred Card from American Express

SimplyCash<sup>TM</sup> Preferred Card from American&nbsp;Express

More cash back you can count on

Earn 10% cash back in your first 4 months (up to $400 cash back)1

New SimplyCashTM Preferred Card from American Express Cardmembers can earn 10% cash back on purchases for the first 4 months of Cardmembership (up to $400 cash back).1

Financial Information

Card Type
Credit Card
Annual Fee
Important Notice: Effective October 12, 2022, the $99 Annual Fee for the Basic SimplyCashTM Preferred Card will increase to a monthly fee of $9.99 (equals a total fee of $119.88 annually).
Annual Interest Rate
19.99% on purchases and 21.99% on funds advances*
Additional Cards
No annual fee2

Get more cash back on everything you buy

Maximize your cash back potential with an elevated earn rate – from recurring bills, online shopping, dining and more.

How You Earn

  • 10%


    Up to $400 Welcome Offer

    In your first 4 months1

  • 2%


    No limit

    Flat earn rate when your Welcome Offer ends3

SimplyCashTM Preferred Card Awards

All Benefits


The American Express® Installment Program

For purchases both large and small, use
Plan It™ to choose a portion of your statement balance to pay in monthly installments. Terms and conditions apply.

  • Simple to set up
  • Fixed monthly fee
  • Manageable payments
  • Learn more about Plan It™ at

Unsure about which Card is appropriate for you? Use our Help Me Choose tool to find a Card for your wallet


To save time, make sure you can say yes to all of the following before applying for the SimplyCashTM Preferred Card from American Express:
  • You are a Canadian resident and have a Canadian credit file
  • You are the age of majority in the province or territory where you live

Important Information

    *Subject to approval. The preferred rate for purchases is 19.99% and funds advances is 21.99%. If you have Missed Payments, the applicable rates for your account will be 23.99% and/or 26.99%. See the information box included with the application for the definition of Missed Payment and which rates apply to charges on your account and other details.

    Important Notice: Beginning October 12, 2022, if you have Missed Payments, the applicable rates for your account will be 24.99% and/or 26.99%.
    Apply now for SimplyCash<sup>TM</sup> Preferred Card and get a response in 60 seconds.

    Apply now for SimplyCashTM Preferred Card and get a response in 60 seconds.

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