Simplycash Preferred Card

SimplyCashTM Preferred Credit Card from American Express

Card Features

  • New SimplyCashTM Preferred Card from American Express Cardmembers can earn 5% cash back on all eligible purchases (up to $300 cash back) for the first 6 months of Cardmembership
  • Earn 2.0% cash back when your Welcome Rate ends
  • Optional Balance Transfer Offer – Enjoy a 1.99% interest in first 6 months of Cardmembership if you choose to transfer your other credit card balances to this American Express card 
  • Balance Transfer option is only available at time of online application. There is no balance transfer fee at time of application
  • No limit to the amount of cash back you can earn after your Welcome Rate ends
  • Access to memorable experiences with American Express Invites®
  • Extensive insurance coverage and 24/7 Customer Service
  • The preferred rate for purchases is 19.99% and funds advances is 22.99%. If you have Missed Payments, the applicable rates for your account will be 23.99% and/or 26.99%
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. Offer subject to change without notice. Conditions apply.

Interest Rates

Purchase APR: 19.99%

Balance Transfer APR: 22.99%

Cash Advance APR: 22.99%

Annual Fee

$99

Additional Cardholders: $0

Pros

  • Huge intro cash back bonus!
  • 2% cash back thereafter

Cons

  • Cash reward is paid yearly as statement credit

Bonus Offer

New SimplyCashTM Preferred Card from American Express Cardmembers can earn 5% cash back on all eligible purchases (up to $300 cash back) for the first 6 months of Cardmembership

Introductory Rates

Reward Earnings Rate

2% + intro bonus rate

Additional Details

Grace Period: 21 Days

Fees

Balance Transfer Fee: None

Foreign Transaction Fee: 2.5%

Over Credit Limit Fee: $29