SimplyCash® Preferred Card from American Express
American Express
- 4%Cash back on groceries and gas
- 2%Cash back on all other purchases
Earn 10% cash back on all purchases for the first 3 months (up to CA$2,000 in purchases) and a CA$50 statement credit upon making a purchase in month 13.
Earn 4% cash back on groceries and gas, and 2% on all other purchases.
The SimplyCash® Preferred Card from American Express stands out as the top choice because it offers a robust cash back structure, particularly for everyday spending on groceries and gas. With a generous welcome bonus and no limit on cash back earnings, it provides exceptional value for those who frequently shop in these categories.
Pros:
- High cash back on groceries and gas
- Strong welcome bonus
Cons:
- Annual fee applies
- Interest rates can be high
The SimplyCash® Preferred Card from American Express is best suited for individuals who regularly spend on groceries and gas, allowing them to maximize their cash back rewards. With its competitive reward structure and a reasonable annual fee, this card can be a valuable option for consumers seeking to earn cash back on their everyday purchases.