SimplyCash™ Card from American Express review

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Advertiser Disclosure

Interest Rate: Purchases
Balance Transfer
21.99% (1.99% for the first 6 months)
1.25% cashback
Signup Bonus

Am I eligible?

SimplyCash™ Card from American Express is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $15000.

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...

The 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...

- Hyder Owainati,
Money We Have

For 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.

- Barry Choi, Money We Have

If 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.

- Jordann Brown,

The 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.

- Dominic Licorish,

It’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.

- Stephen Weyman,


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%


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
Sign up bonus

Earn 2.5% cashback in your first 3 months (up to $150 cashback)

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

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
Additional comments
Terms & Conditions Official Terms & Conditions
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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.

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