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SimplyCash Card from American Express Review

Get solid rewards for everyday spending with the no-annual-fee SimplyCash Card from American Express.

Earn 4% cash back on purchases (up to $200 cash back) for the first 6 months of Cardmembership.
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19.99%

Purchase Interest Rate

$0

Annual Fee

Details

Product NameSimplyCash Card from American Express
RewardEarn 1.25% cash back on all eligible purchases.
Welcome OfferEarn 4% cash back on purchases (up to $200 cash back) for the first 6 months of Cardmembership.
Required DepositN/A
Purchase Interest Rate19.99%
Cash Advance Rate21.99%
Balance Transfer RateN/A
Interest Free Period Up to 21 days
Minimum Credit Limit$500
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More Info

30-second take

  • Get this card if you want to earn cash back on all eligible purchases and pay no annual fee.
  • Choose something else if you would rather pay an annual fee to receive more cashback rewards per dollar spent.

Key features

If you’re an avid shopper or want to get more bang for your buck on everyday purchases like groceries and gas, then SimplyCash Card from American Express might be the right fit for you.

  • Cash back. Earn 1.25% cash back on all eligible purchases.
  • Welcome offer. Earn 4% cash back on purchases (up to $200 cash back) for the first 6 months of Cardmembership.
  • Refer a friend. Earn up to a maximum annual referral bonus of $750 cash back for approved referrals.
  • Travel and shopping coverage. Provides extended warranty and insurance coverage on products purchased with your SimplyCash Card from American Express, along with complimentary $100,000 Travel Accident Insurance. T&C’s apply.
  • 24/7 Customer Service. Get help any time of the day, from Monday to Sunday.

Bonus features

  • Special offers and experiences. Access to memorable experiences with American Express Invites and Front of the Line services which includes the ability to purchase advance tickets or book reserved seating for in-demand entertainment and special access for Budweiser Stage, Roy Thomson Hall and the American Express bar at Massey Hall. Plus, access virtual events and special offers curated for Cardmembers with American Express Experiences.
  • Custom entertainment packages. Get first dibs on packages created exclusively for American Express card holders, including deals on weekend getaways, advance screenings of blockbuster movies and online and in-store shopping promotions.
  • World class service. Dial into customer service 24/7 by calling the number on the back of your card. Use this service to report fraudulent charges, cancel or replace lost or stolen cards or find answers to any number of questions that might come up along the way.
  • Free Additional Cards. Up to 9 additional cards at no extra cost. Purchases made on these cards will add to your annual cash back balance.

What to watch out for

  • Not as widely accepted overseas. The SimplyCash™ Credit Card is an American Express card, which means you might not be able to use it overseas as easily as you would a Visa or Mastercard.
  • Penalty APR. Making late or returned payments could saddle you with an APR as high as 23.99% - 26.99% Variable on all balances.

What do other customers say?

Most customers are happy with the perks and benefits on offer from the SimplyCash Card from American Expresss. The fact that the card is fee-free and no-nonsense, with a flat cash-back rate and a ton of exclusive add-ons makes signing up for this card a no-brainer for Canadians from all walks of life. Many cardholders also praise the top-notch customer service provided by American Express.

What should I know before I apply

How to apply

  1. Head to the American Express website.
  2. Select the SimplyCash Card from American Express and click Apply now to begin your application.
  3. Complete the application with details that include your name, email address, social insurance number and birth date.
  4. Review and submit your application.

Compare other American Express credit cards

Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
American Express Cobalt Card
50,000 points
Up to 5x points per $1 spent
20.99%
$155.88
Min. recommended credit score: 700
Earn up to 50,000 Membership Rewards points in your first year. Earn 2,500 Membership Rewards points for each monthly billing period in which you spend $500 in net purchases on your card (up to 30,000 points). Plus, earn a Welcome Bonus of 20,000 Membership Rewards points when you spend a total of $3,000 in purchases on your Card in your first 3 months of Cardmembership.
SimplyCash Card from American Express
4% cash back
Up to 1.25% cash back
19.99%
$0
Min. recommended credit score: 700
Earn 4% cash back on purchases (up to $200 cash back) for the first 6 months of Cardmembership.
American Express Green Card
10,000 points
1 point per $1 spent
20.99%
$0
Min. recommended credit score: 700
Earn a Welcome Bonus of 10,000 Membership Rewards points when you charge $1,000 in purchases to your card in the first 3 months as a new Cardmember.
American Express Aeroplan Card
40,000 points
Up to 2x points
30% annual interest rate applies to balances not paid in full each month
$120
Min. recommended credit score: 700
Earn up to a total of 40,000 welcome bonus Aeroplan points and a bonus Buddy Pass. New Cardmembers can earn up to $1,200 in value within the first year.
SimplyCash Preferred Card from American Express
10% cash back
2% cash back
19.99%
$99
Min. recommended credit score: 700
Earn 10% cash back on all eligible purchases (up to $400 in cash back) for the first four months of Cardmembership.
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How long will it take to be approved?

Depending on whether or not your application requires manual review, you will receive a response in 60 minutes to 10 days.

Follow up steps
  • Avoid interest payments. Make payments within the days grace period for new purchases on your next statement to avoid hefty interest payments.
  • Make on-time payments. Make sure to stay on top of bills and pay your card down every month. Register your account on the American Express website or download the Amex mobile app to pay your balance or at least the minimum payment where possible.

Bottom line

The SimplyCash Card from American Express offers a no-nonsense, top of the line cashback card. If you’re looking to get more bang for your buck without the hefty annual fee, then this card might be right up your alley.

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