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
How You Earn
4%
CASH BACK
On gas
For eligible gas station purchases in Canada3
4%
CASH BACK
On grocery
For eligible grocery purchases in Canada, up to $1,200 cash back annually3
2%
CASH BACK
on everything else
With no limit to the amount of cash back you can earn!3
Featured Benefits
Refer a friend and you could earn bonus cash back
As an eligible Basic Cardmember, you4 could earn up to a maximum annual referral bonus of $750 cash back for approved referrals.5
Access unforgettable experiences
Enjoy exclusive ticket access, virtual events, live performances and more with American Express® Experiences.6
Mobile Device Insurance7†
Get covered for up to $1,000 when you fully charge or finance the purchase price of an eligible mobile device to your Card.
SimplyCash® Preferred Card Awards‡
All Benefits
Eligibility
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.
See how the SimplyCash® Preferred Card stacks up