Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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The best Visa credit cards in Canada for 2024 + MORE Dec 6th
Credit card comparison tool
Compare your Visa options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more.
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The best GIC rates in Canada for 2026 Jun 1st
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The best GIC rates in Canada for 2024 Jun 25th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare highest rates
Why trust us
MoneySense is an award-winning.... More »
The best GIC rates in Canada for 2024 + MORE Jul 6th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare highest rates
Why trust us
MoneySense is an award-winning.... More »
Is an all-weather portfolio the answer to the shortage of “safe” investments? + MORE Oct 27th
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as interest rates were poised to rise. Now that central banks have said .... More »
SimplyCash from American Express credit card review
– moneysense.ca
Rewards are great, but they usually come at a price. And with credit cards that usually means an annual fee. Not so with SimplyCash from American Express: This no fee credit card offers impressive rewards at no extra cost to you. With an impressive earn rate of 1.25% on everything you buy, the SimplyCash credit allows you to earn as you spend. And it doesn’t complicate things with bonus categories, tiered earn rates or spending caps—it’s simply 1.25% across the board. And that’s considerably higher than most no fee cards from the big banks offer.Quick facts about SimplyCash from American Express*
Annual fee: $0
Rewards: 1.25% cash back on everything
Welcome offer: 2.5% back on up to $6,000 in purchases for the first three months
Income requirement: None
Purchase interest rate: 19.99%
Best features: Great flat earn rate and entertainment perks with American Express Experiences
Who it’s good for: Shoppers not wanting to pay an annual fee and who prefer a simple rewards program (straightforward cash back with no complicated bonus categories); and optimizers who want to maximize rewards by carrying multiple credit cards
Get more details about SimplyCash from American Express*
8 things to know about SimplyCash from American Express
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