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Credit Card Review – SimplyCash Card from American Express
– ratesupermarket.ca

There’s a new player among the ever-popular cash back category, as American Express makes a competitive foray into the market with a daily spending-focused option. The SimplyCash comes with an intro bonus and rewards structure that rivals market leaders, but a few key differences (think greater flexibility and plusher perks) make it a unique option. Available in both a no-fee and Preferred version, consumers can choose between pure cash earnings, or pay a fee for additional features
Read on for our breakdown of both.
Card Details
NOTE: Only the Preferred version of the SimplyCash has an annual fee.
What’s Included With Both Cards?
Both cards offer a 5% cash back-earning Welcome Rate for the first six months
No cap on cash back earnings once Welcome Rate period expires
Includes Travel Accident and Car Rental insurance
Shopping Coverage with Buyer’s Assurance Protection Plan and Purchase Protection
Access to American Express Front Of the Line entertainment perks
American Express 24/7 helpline and Emergency Card Replacement
Fraud Protection Guarantee
Earning Rate: Good
During the Welcome Rate period, both iterations of the SimplyCash offer one of the highest reward earning rates on the market, and include insurance and customer service features not usually offered in the cash back category…


