
Cash Back Credit Cards
Cashback credit cards have their slot in our wallet for all our “other” purchases.
For example, with the two SimplyCash credit cards we present in this article:
Unlike a card like the American Express Cobalt™ Card, which will give you an accelerated cash back on some categories of purchases (grocery stores, restaurants, bars, etc.), these two credit cards earn cash back at a flat rate on all your purchases.
SimplyCash™ Preferred Card from American Express
The SimplyCash® Preferred Card from American Express is the only credit card in Canada to earn 2% cash back on all purchases. Plus, you can get:
- 4% cash back on gas purchases
- 4% cash back on grocery purchases
And with this welcome offer, you can earn a $40 statement credit for every $750 in purchases charged to your Card in your first 10 months (up to $400 in statement credits).
The SimplyCash® Preferred Card from American Express Card is especially popular with those who have significant purchases to make: home improvement, furniture or appliance purchases since it offers 2% cash back at all stores.
This Card stands out for its numerous coverages offered: Theft and damage to rental cars, $100,000 travel accident, emergency medical expenses (out-of-province or out-of-country), lost or stolen baggage, flight delay and misdirected baggage, hotel/motel burglary, Purchase Security, Purchase Protection.
Like all American Express Canada Cards, there is no minimum income requirement.
SimplyCash™ Card from American Express
Do you want a cash back credit card with no annual fee and a great earning rate for everyday purchases? Here’s an option for you: the SimplyCash® Card from American Express.
With this no-annual-fee credit card, you earn:
- 2% cash back on gas purchases
- 2% cash back on grocery purchases
- 1.25% cash back on all other purchases
And with this welcome offer, you can earn a $10 statement credit for each monthly billing period in which you spend $300 in purchases on your Card in the first 10 months ( up to $100 in statement credits).
And you benefit from several coverages: $100,000 travel accident, Purchase Protection, and Buyer’s Assurance® Protection Plan.
Like all American Express Canada Cards, there is no minimum income requirement.
An annual cash back
Cash back is redeemed once every calendar year.
You can check the cash back you earn, directly within your online account or on your statement.

American Express Benefits
Like all other American Express cards, with SimplyCash credit cards you enjoy many benefits reserved for Cardmembers.
Front Of The Line Advance Access
Cardmembers can purchase presale tickets or make reservations to some of the most in-demand:
- concerts,
- theatre productions,
- restaurants and special events.
Many times before the opening of the sales to the public.
Front Of The Line Reserved Tickets
During the public on-sale period for many major events, Cardmembers can purchase tickets from a block of seats reserved exclusively for American Express.
For example, in the facebook group of milesopedia, many American Express Cardmembers were able to benefit from this for future Celine Dion shows!

American Express Invites
Learn more at ticketmaster.ca/americanexpress. Sign up to receive News Previews and get lists of the most anticipated events delivered directly to your inbox.
Special Access for all Cardmembers
American Express Cardmembers can skip the lines with:
- American Express’ private entrance to the Budweiser stage
- relax in the American Express loungeat the Budweiser Stage and Roy Thomson Hall
- take advantage of the express service at the American Express bar at Massey Hall.
Special Offers & Experiences for all Cardmembers
Throughout the year, Cardmembers can purchase a variety of special offers including advance screenings of blockbuster movies, getaway packages and special shopping deals created just for American Express.
Besides, with these Cards, you get access to online promotional offers from American Express!
Conclusion
Both SimplyCash credit cards are attractive to anyone who wants to earn cash back.
As a points and miles enthusiasts we apply for this card to:
- Major purchases outside the spending categories of other credit cards
- Purchase/extended warranty insurance
- Earn an exciting welcome bonus
These Credit Cards are also attractive if you don’t have the income required by other cards: no minimum income is required.
Note that starting October 12, 2022, you will earn between 2% and 4% cash back on gas and grocery purchases with these cards.