Financial Information
Card TypeCredit Card
Monthly Fee$9.99 (Equals a total fee of $119.88 annually
Annual Interest Rate21.99% 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.
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 21.99% and funds advances is 21.99%. If you have Missed Payments, the applicable rates for your account will be 25.99% and/or 28.99%. 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.
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