Cash Back Rebate from GCR: $50.00★
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Earn up to $250 in bonus value.
Earn a bonus 10% cash back on all purchases for your first 3 months (up to $2,000 in purchases). Plus, earn a $50 statement credit when you make a purchase in month 13. This could add up to $250 in bonus value in your first 13 months.
FEATURES
- Earn accelerated earn rates on eligible gas and grocery purchases.
- Earn 4% cash back on eligible gas station purchases in Canada, 4% cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually) and 2% cash back on all other purchases.
- Access events and special offers curated for Cardmembers with Amex ExperiencesTM.
- Extensive insurance coverage and 24/7 Customer Service.
Monthly Fee: $9.99 (Equals a total fee of $119.88 annually)
Annual Card Fee: | $120 | | Credit Score: | N/A |
Extra Card Fee: | $0 | | Purchase Interest Rate: | 21.99% |
Minimum Personal Income: | N/A | | Balance Transfer Interest Rate: | N/A |
Minimum Household Income: | N/A | | Cash Advance Interest Rate: | 21.99% |
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment.
VALUE CONVERSIONS
Part 1: SimplyCash® Preferred Card Cash Back Value per Canadian Dollar
- All Purchases: 1 Cash Back Dollar = $ 1 CAD when applied as a statement credit or used for other purchases.
Part 2: SimplyCash® Preferred Card Cash Back Value per 100 Canadian Dollars
- All Purchases: 100 Cash Back Dollars = $ 100 CAD
Part 3: Summary for Best Value
To get the best value from the SimplyCash® Preferred Card from American Express:
- Redeem for Statement Credits: Cash back is automatically applied as a statement credit annually, offering direct dollar-for-dollar value.
- Maximize Bonus Category Spending: Focus spending on gas, groceries, and other purchases to earn higher cash back rates, thus increasing your overall earnings.
- Refer Friends: Earn additional cash back for each successful referral.
- Insurance Benefits: Leverage the card's insurance benefits to save on additional costs, effectively increasing the value you get from the card beyond just cash back.
- Evaluate Against Annual Fee: Ensure your cash back earnings exceed the annual fee to truly benefit from holding this card.
Part 4: SimplyCash® Preferred Card Cash Back Earned per $ 1000 Spending by Category
- Gas and Grocery Purchases in Canada: 40 Cash Back Dollars per $ 1,000 spent (up to $ 1,200 cash back annually).
- All Other Purchases: 20 Cash Back Dollars per $ 1,000 spent (2% cash back with no limit on how much you can earn).
NOTE : The value conversions may not be up to date. Please calculate your own conversion to Canadian dollars to ensure accuracy.
★ PLEASE READ TO MAKE SURE YOU GET A CASH BACK REBATE
• Do not browse or leave application page before it is completed.
• Please write down the reference (PCN) number American Express provides you after the application is completed. You need this number in case the rebate does not show up.
• Please click from GCR again if session expires.
• Must apply online.
• Cash Back Rebate will be paid upon card approval.
• Cash Back Rebate is for first time SimplyCash Preferred Cardmembers
• NOTE : You must reply to us within 3 months of application date to report a missing rebate otherwise the rebate is void by the merchant.
Rebate Currency Exchange : NONE
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