Cyber Monday: Stack up to 15% cash back on top of Cyber Monday deals! Plus earn $30 when you sign up today with Rakuten Rewards!
Search Results Display Here
Cyber Monday: Stack up to 15% cash back on top of Cyber Monday deals! Plus earn $30 when you sign up today with Rakuten Rewards!
Select a country:

SimplyCash® Preferred Card from American Express

Card Value & Cash Back Calculator
card
Fees
Earning Rates
  • Earn 4% cash back on gas station purchases in Canada.
  • Earn 4% cash back on grocery purchases in Canada, up to $1,200 cash back annually.
  • Earn an unlimited 2% cash back on all other card purchases.
Main Benefits
  • Enjoy exclusive ticket access, virtual events, live performances and more with American Express® Experiences, and travel & purchase insurance.
Ads & Promos
Don't leave free cash back on the table! Use Rakuten Rewards to earn rewards shopping online with thousands of retailers.

Earning Rewards

The American Express SimplyCash Preferred Card earns cash back at the following rates:

  • 4% cash back on eligible gas station purchases in Canada
  • 4% cash back on eligible grocery purchases in Canada, up to $1,200 cash back annually.
  • 2% cash back on everything else with no limit to the amount of cash back you can earn!

Perks & Benefits

Here are the main benefits of the American Express SimplyCash Preferred Card:

  • American Express Experiences: Enjoy exclusive ticket access, virtual events, live performances and more. This includes Front Of The Line® Presales, Front Of The Line® Reserved tickets, and entertainment, dining, retail, wellness, and onsite benefits with American Express® Experiences.
  • Travel & Purchase Insurance: Out of Province/Country Emergency Medical Insurance, Flight Delay Insurance, Baggage Delay Insurance, Hotel Burglary Insurance, Lost or Stolen Baggage Insurance, $100,000 Travel Accident Insurance, Car Rental Theft and Damage Insurance, Mobile Device Insurance, Buyer’s Assurance® Protection Plan, and Purchase Protection® Plan.

Card Fees

Annual Fee

The American Express SimplyCash Preferred Card has a monthly fee of $9.99 for a total cost of $119.88 per year.

Authorized User Fee

There is no cost to add authorized users to the American Express SimplyCash Preferred Card.

Foreign Transaction Fee

The American Express SimplyCash Preferred Card has a foreign currency conversion fee of 2.5%. This means you will be penalized when using this card to make purchases that are not in Canadian Dollars.

AMEX Cash Back Calculator

Input your monthly and yearly spend amounts to calculate how much cash back you can earn with the AMEX SimplyCash Preferred Card. Compare the results side by side up to 2 credit cards to find out which cards are best for you.

Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site, so there's no need to re-enter spend when viewing other credit cards.

Loading Calculator...
If the calculator doesn't load after a few seconds, click here to re-load calculator.
Partner Credit Card Picks

Check out these top credit card picks from our partners:

Use Our Calculator To Maximize Your Rewards

Discover personalized credit card options that match your spending habits and maximizes your rewards.

View the highest offers from our partners and input your monthly and yearly spend amounts into our easy-to-use calculator to find the best credit card options for you!