Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- Rewards CanadaThe SimplyCash® Card from American Express is truly one of the best no annual fee cash back rewards card in Canada thanks to the 1.25% base earn rate. Add in the 2% accelerated earn rates for gas and groceries and you have an excellent card to have in your wallet - either as your primary daily drive...
- Money.caA competitive cash back rate with no limits at the base earn rate, plus an array of nice features courtesy of American Express make this card very worthwhile for many individuals.
- Jordan Bishop, Yore OysterThe SimplyCash Card from American Express is a great option for frequent travellers looking for a card with no annual fees that offer insurance coverage – albeit limited – plus access to emergency services, like American Express Safekey, Emergency Card Replacement, and fraud protection, 24/7.
- Heidi Unrau, HardbaconThe Amex SimplyCash® Card is for anyone who wants to earn cash back rewards the chill way, without doing mental gymnastics. You don’t need to worry about optimizing different spending categories with different cash back rates, spending caps, or cash back limits. The Amex SimplyCash® Card gives you a...
- Enoch Omololu, SAVVY New CanadiansThe SimplyCash Card from American Express offers a combination of cash back rewards (1.25% unlimited) and insurance coverage. This SimplyCash Card from AMEX review covers what you need to know.
Interest Rates | |
---|---|
Regular APR Interest Rate | 20.99% |
Balance Transfer Interest Rate |
21.99% Intro rate is optional |
Cash Advance Interest Rate | 21.99% |
Rates & Fees | |
Annual Fee | $0.00 |
Balance Transfer Fee |
3% Maximum |
Cash Advance Fee | $2.75 |
Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
Over Limit Fee | $29.00 |
Late Payment Fee | $0.00 |
Promotions | |
Sign up bonus |
In your first 10 months as a new SimplyCash® Card from American Express Cardmember, you can earn a $10 statement credit for each monthly billing period in which you spend $300 in purchases on your Card. This could add up to $100 in statement credits in the first 10 months. |
Rewards | |
All Purchases | 1.25% cash back |
Restaurants | No |
Gas | 2% cash back |
Groceries |
2% cash back Up to $300 cash back annualy |
Hotels | No |
Travel | No |
Pharmacy | No |
Bills | No |
Features & Benefits | |
Additional Card Holders | Yes |
Travel Accident Insurance | Yes |
Car Rental Insurance | No |
Car Rental Discount | No |
Extended Warranty | Yes |
Purchase Protection | Yes |
Zero Liability | Yes |
No Foreign Transaction Fees | No |
Emergency Assistance | No |
Concierge Service | No |
Price Protection | No |
Fraud Protection | Yes |
Free Credit Scores | No |
Wireless Payments | Apple Pay, Google Pay |
Virtual Cards | No |
Additional Benefits |
|
Eligibility | |
Minimum Security Deposit | $0 |
Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
Minimum Personal Income | $15,000 per year |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
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