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SimplyCash® Preferred Card from American Express
SimplyCash<sup>®</sup> Preferred Card from American&nbsp;Express
The Simple Way To Get It AllTM
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Earn up to $400 in Statement Credits1

In your first 10 months as a new SimplyCash®  Preferred Card from American Express Cardmember, you can earn a $40 statement credit for each monthly billing period in which you spend $750 in purchases on your Card. This could add up to $400 in statement credits in the first 10 months.1

Financial Information

Card TypeCredit Card
Monthly Fee$9.99 (Equals a total fee of $119.88 annually
Annual Interest Rate20.99% on purchases and 21.99% on funds advances*
Additional CardsNo annual fee2

Make more happen with
SimplyCash PreferredTM

Life's busy. Make the most of every moment with a Card that can earn cash back on every purchase!

How You Earn



On gas

For eligible gas station purchases in Canada3



On grocery

For eligible grocery purchases in Canada, up to $1,200 cash back annually3



on everything else

With no limit to the amount of cash back you can earn!3

SimplyCash® Preferred Card Awards

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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 SimplyCash® 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 20.99% and funds advances is 21.99%. If you have Missed Payments, the applicable rates for your account will be 24.99% 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.

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

    Apply now for SimplyCash<sup>®</sup> Preferred Card and get a response in 60 seconds.
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