The Amex SimplyCash Preferred card earns 2% cash back on all purchases regardless of category.
Rewards Rates
The American Express SimplyCash Preferred credit card earns cash back for all purchases made on the card:
- 4% cash back on all eligible gas station purchases in Canada.
- 4% cash back on all eligible grocery purchases in Canada (up to a maximum of $1,200 in cash back per year).
- 2% cash back on all other purchases, regardless of category.
Insurance Coverage
The SimplyCash Preferred credit card offers eight types of insurance coverage:
- Emergency medical insurance
- Flight delay and baggage delay insurance
- Hotel burglary insurance
- Lost or stolen baggage coverage
- Rental car theft and damage coverage
- Travel accident insurance
- Purchase protection
- Buyer assurance protection
Refer to the American Express SimplyCash Preferred insurance certificate for additional details, including terms and conditions for eligibility.
Other Cash Back Cards You Might Consider
| Credit Card | Welcome Bonus | Net Value | ||
|---|---|---|---|---|
|
TD Cash Back Visa Infinite | 350 Cash back | $350 | Apply |
|
BMO CashBack World Elite | 250 Cash back | $250 | Apply |
|
Scotiabank Momentum Visa Infinite | 200 Cash back | $200 | Apply |
|
BMO CashBack | 125 Cash back | $125 | Apply |
|
American Express SimplyCash | 100 Cash back | $100 | Apply |
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