Amex
American Express SimplyCash Card
Cash Back1.0¢ exact
$0 annual feeCredit tier: Good
Apply Now →iSome links are referral links — we may earn a commission at no cost to you.
The no-fee SimplyCash is Amex Canada's entry-level cash-back card, earning 2% on gas and groceries (combined $15,000/yr cap, then 1.25%) and a flat 1.25% on everything else. With no fee and an above-average base rate it suits light-to-moderate spenders, though the low cap and Amex acceptance keep it from being a high-spend primary card.
Earn Rates
🛒 Groceries — Amex accepted2x⛽ Gas2x🍽️ Dining1.25x🚇 Transit1.25x✈️ Travel1.25x💊 Drugstore1.25x📺 Streaming1.25x📄 Bills1.25x🛍️ Everything Else1.25x·Everything else1.25x
💡 2% cash back on gas and groceries on a combined $15,000/yr spend cap (then 1.25%); 1.25% on everything else with no cap. Applies at standalone gas stations and grocery stores (warehouse clubs and superstores excluded). Cash back is credited once a year. 2.5% foreign transaction fee.
Best For
Casual spenders who want simple no-fee cash back on everyday gas and groceries with an above-average base rate.
Strengths
- ✓No annual fee
- ✓2% on gas & groceries (up to the cap)
- ✓1.25% base rate beats the typical 1% no-fee floor
- ✓Solid 5% welcome offer
Weaknesses
- ×Low $15,000/yr combined gas+grocery cap
- ×Amex acceptance gaps in Canada
- ×Thin insurance package
- ×Only 1.25% outside gas & groceries
Welcome Bonus
Smart Bonus Strategy — Earn 2,500 points
Spend $2,000 within 3 months
Minimum spend bonus
Spend $2,000 in 3 months
optimal stopcash back bonus+$100Min. spend earnings2,500 pts × 1.0¢+$25
Annual fee$0
Net first-year value+$125
Compare to Similar Cards
BMO CashBack World Elite Mastercard
Cash Back1.0¢ exact
$0 annual fee
you could earn$921
View full details →
KOHO Essential Prepaid Mastercard
Cash Back1.0¢ exact
$0 annual fee
you could earn$198
View full details →+Add a card to compareSearch by card name