Am I eligible?
To get this card, you must also:
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.
What the Critics Are Saying...
- Hyder Owainati, Ratehub.caThe SimplyCash from American Express owes much of its appeal to the fact it’s a no-fee cash back card. Rewards are straightforward, redemptions are hassle-free, and you won’t have to think about spending enough to “break even” on the card. But there’s more to the AMEX SimplyCash and why it manages t...
- Barry Choi, Money We HaveFor a straightforward no-fee, cash-back card, you really can’t complain too much about it. If you want to reduce your debt, then you should consider using the optional balance transfer.
- Jordann Brown, Ratehub.caIf you’re looking for a cash back credit card lets you earn money back on every dollar you spend, the SimplyCash Card from American Express is an excellent choice. Even though it’s a cash-back card, the SimplyCash Card from American Express offers a variety of insurance benefits.
- Dominic Licorish, LowestRates.caThe SimplyCash card is a good entry level card for people who prefer cash-back over rewards points and don’t want to settle for only earning a decent cash-back rate on eligible purchases.
- Stephen Weyman, HowToSaveMoney.caIt’s a card that everyone should consider having in their wallet, even if it is just for the no-fee Front Of The Line access, which can certainly come in handy from time to time.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 19.99% |
| Balance Transfer Interest Rate |
21.99% (1.99% for the first 6 months) 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 |
Earn 2.5% cashback in your first 3 months (up to $150 cashback) |
| Rewards | |
| All Purchases | 1.25% cash back |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| 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 |
| Virtual Cards | No |
| Additional Benefits |
- American Express Invites including Front Of The Line - Emergency Card Replacement |
| 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 |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.
Use this card?
Help inform others by sharing your experience with SimplyCash™ Card from American Express