SimplyCash® Preferred Card from American Express
Secure application on the American Express website
Card Features
- In your first 10 months as a new SimplyCash® Preferred Card from American Express Cardmember, you can earn a $40 statement credit for each monthly billing period in which you spend $750 in purchases on your Card. This could add up to $400 in statement credits in the first 10 months
- 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 American Express® Experiences
- Extensive insurance coverage and 24/7 Customer Service
- 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. Offer subject to change without notice. Conditions apply.
Interest Rates
Purchase APR: 20.99%
Balance Transfer APR: N/A
Cash Advance APR: 21.99%
Annual Fee
$9.99/month (Equals a total fee of $119.88 annually)
Pros
- Excellent sign up bonus potential
- Generous 4% on gas and grocery purchases
Cons
- Cash reward is paid yearly as statement credit
Bonus Offer
Earn up to $400 in statement credits in the first 10 months
Introductory Rates
Reward Earnings Rate
Up to 4% in select spending categories
Additional Details
Grace Period: 21 Days
Fees
Foreign Transaction Fee: 2.5%
Late Fee: N/A
Over Credit Limit Fee: $29