Consumer Payment Card News

American Express Dangles Juiced Up Cash-Back Card to Canucks

The SimplyCash Preferred Credit Card from American Express is now available in the Canadian market.

The card earns 2% cash back on any purchase, any day. 

With the SimplyCash Preferred Credit Card, Cardmembers are able to earn more cash back on their purchases. The refreshed Card continues to offer an introductory cash back rate of 5% for the first six months (now capped at $300), with an annual fee of $99 (current Cardmembers will continue to pay an annual fee of $79).

On top of this, the Card still offers an array of benefits that Cardmembers can take advantage of, including:

• No limit to the amount of cash back you can earn at 2%

• Entertainment Access through American Express Invites

• Emergency Medical Insurance

• Travel Accident Insurance

• Car Rental Theft & Damage Insurance

• Award-winning service that is available 24/7

In addition to the SimplyCash Preferred Credit Card, American Express will continue to offer its no-fee SimplyCash Card which enables Cardmembers to earn 5% cash back on all eligible purchases at gas stations, grocery stores and restaurants in Canada (up to $250 cash back) for the first 6 months of Cardmembership. They can earn 1.25% cash back on all other purchases when their Welcome Rate ends.


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