SimplyCash Preferred Card from American Express
American Express
- 2%Cash back on gas and groceries
- 1%Cash back on all other purchases
Earn 10% cash back on all purchases for your first 3 months, up to CA$200.
Earn 2% cash back on gas and groceries, and 1% on all other purchases.
The SimplyCash Preferred Card from American Express is the best option for those looking to maximize cash back on everyday spending, particularly on gas and groceries. With a robust welcome bonus and high earn rates, it provides excellent value for frequent spenders.
Pros:
- High cash back on everyday categories
- Strong welcome bonus
Cons:
- Annual fee applies
- High penalty interest rates
The SimplyCash Preferred Card from American Express is well-suited for individuals who regularly spend on gas and groceries, seeking to maximize cash back rewards. With its competitive earn rates and welcome bonus, this card can provide significant value for those who prioritize cash back in their everyday purchases while being mindful of the annual fee.