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SimplyCash® Card from American Express review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
Interest Rate: Purchases
Balance Transfer
Balance Transfer
1.25 - 2% cashback
1.25 - 2% cashback
Signup Bonus
Signup Bonus

Informr score
The SimplyCash® Card from American Express currently has an Informr score of 8.5 out of 10. This score is based on our evaluation of 15 sources including reviews from users and the web's most trusted critics.

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...

Rewards Canada
Rewards Canada

The SimplyCash® Card from American Express is truly one of the best no annual fee cash back rewards card in Canada thanks to the 1.25% base earn rate. Add in the 2% accelerated earn rates for gas and groceries and you have an excellent card to have in your wallet - either as your primary daily drive...

- Rewards Canada

A competitive cash back rate with no limits at the base earn rate, plus an array of nice features courtesy of American Express make this card very worthwhile for many individuals.

Yore Oyster
Yore Oyster

The SimplyCash Card from American Express is a great option for frequent travellers looking for a card with no annual fees that offer insurance coverage – albeit limited – plus access to emergency services, like American Express Safekey, Emergency Card Replacement, and fraud protection, 24/7.

- Jordan Bishop, Yore Oyster

The Amex SimplyCash® Card is for anyone who wants to earn cash back rewards the chill way, without doing mental gymnastics. You don’t need to worry about optimizing different spending categories with different cash back rates, spending caps, or cash back limits. The Amex SimplyCash® Card gives you a...

- Heidi Unrau, Hardbacon
SAVVY New Canadians
SAVVY New Canadians

The SimplyCash Card from American Express offers a combination of cash back rewards (1.25% unlimited) and insurance coverage. This SimplyCash Card from AMEX review covers what you need to know.

- Enoch Omololu, SAVVY New Canadians


Interest Rates
Regular APR Interest Rate 21.99%
Balance Transfer Interest Rate 21.99%

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

In your first 10 months as a new SimplyCash® Card from American Express Cardmember, you can earn a $10 statement credit for each monthly billing period in which you spend $300 in purchases on your Card. This could add up to $100 in statement credits in the first 10 months.

All Purchases 1.25% cash back
Restaurants No
Gas 2% cash back
Groceries 2% cash back

Up to $300 cash back annualy

Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance No
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, Google Pay
Virtual Cards No
Additional Benefits
  • American Express Experiences
  • 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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