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Home » AMEX Cards Canada » Budget Friendly Cards » No-Fee Canadian Card? Amex SimplyCash Offers Big Cashback (Review)

No-Fee Canadian Card? Amex SimplyCash Offers Big Cashback (Review)

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Britt Phoenix
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SimplyCash Card card image
Apply for the SimplyCash Card

Instant decision available with no impact to your credit score.

SimplyCash Card At a Glance

Best choice for: No-Fee Cash Back

Welcome Bonus
Up to $100 cash back
Top Earn Rate
2% on gas
Points Currency
cashback
Annual Fee
$0/year
Target Market
Consumer
Card Style
Plastic
Card Type
Credit Card

Quick Verdict

The SimplyCash Card is a simple no-fee cash back card for people who do not want to think about points, transfers, or travel programs. It is not built for maximizing every dollar, but it is easy to use and easy to understand. If you want basic cash back with no annual fee, this is a good option.

Who It’s For

  • Cardholders wanting no-fee cash back
  • Beginners keeping rewards simple
  • Everyday spenders avoiding annual fees
  • Canadians who prefer cash over points

How to Get Approved for the SimplyCash Card

Approval Difficulty

700+ (Good)

recommended credit score

Canada Credit Card Approval - More Accessible, Recommended 700+ (Good) Credit Score

More Accessible

Based on typical approval patterns in Canada.
Approval is not guaranteed.

How to get approved for an Amex card in Canada.

Requirements

  • Age of majority: Canadian resident, age 18 or 19+ depending on your province/territory
  • Credit history: 6+ months minimum credit history of low utilization and on-time payments
  • Income requirement: None publicly specified
  • Approval speed: Often instant with Amex Apply With Confidence
Apply Now

Instant decision available with no impact to your credit score.

SimplyCash Card Welcome Bonus Tracker

Track how today’s credit card welcome bonus compares against past offers, so you can apply with confidence.

PointsWise Welcome Bonus Tracker - Tracking Credit Card Welcome Bonuses in Canada

Current Welcome Bonus

$100

cashback

You can earn up to $100 cash back: 5% cash back on all purchases after spending $2,000 in the first 3 months.

SimplyCash Card card image
Apply Now

Instant decision available with no impact to your credit score.

Typical Offer

This is a typical welcome bonus for this card.

The current SimplyCash Card welcome bonus appears to be the standard public offer for this card.

While we have tracked a higher $200 cashback offer in the past, that stronger offer has not appeared in several years. Since late 2022, the $100 cashback offer has remained consistent across multiple snapshots, which suggests this is the card’s current baseline rather than a temporary low.

If the SimplyCash Card fits your cashback strategy, this is a normal time to apply. If you are mainly chasing a larger upfront bonus, compare current cashback card offers before applying.

Current offer since Oct 2022
Historical high 200 cashback
Last change Down 100 cashback

Where The SimplyCash Card Welcome Bonus Sits Historically

This range compares the current public bonus against the lowest, typical, and highest offers PointsWise has tracked for the SimplyCash Card.

Historical Low 100 points
Historical High 200 points
100 points Current Offer

History available since 2019

Updated Jun 18, 2026

SimplyCash Card Welcome Bonus History

See how the SimplyCash Card welcome bonus has changed over time, including confirmed snapshots when the public offer stayed the same.

Welcome Bonus Events - Card Reviews v1

Offer snapshots indicate dates when the public welcome bonus was confirmed unchanged.

Why it matters

Credit card welcome bonuses change often. This tracker helps you compare today’s offer against past public offers before you apply.

Compare before you apply.

See whether today’s welcome bonus is low, typical, or unusually strong for this card.

Decide whether waiting to apply makes sense.

A past high offer is useful context, but it may not return soon.

Understand offer snapshots

Snapshot bars show when a public bonus was confirmed unchanged, not when a new offer launched.

Ready to Apply or Compare Offers?

Apply with confidence.

SimplyCash Card card image
Apply for the SimplyCash Card

Instant decision available with no impact to your credit score.

Amex Welcome Bonus History Tracker in Canada Since 2019
Compare welcome bonuses

View and compare offers across all cards.

Amex Cobalt Card Earn Rates

2%
gas

Earn 2% cash back at stand-alone automobile gasoline stations in Canada, up to $15,000 in annual purchases ($300 cash back). After reaching the cap, you'll earn 1.25%.

2%
groceries

Earn 2% cash back at stand-alone grocery stores in Canada, up to $15,000 in annual purchases. After the cap, you'll earn 1.25%. Grocery purchases at superstores, wholesale clubs, or alcohol retailers do not qualify.

1.25%
everything else

Earn 1.25% cash back per $1 on all other eligible purchases.

Cashback Rewards

There are no award charts, transfer partners, blackout dates, or point-value calculations. The question is whether the card earns enough cash back from your regular spending to make it a good fit for you.

How to Use Cash Back

Earn on Everyday Purchases
Cash back works best on purchases you already make, like groceries, gas, recurring bills, subscriptions, and general household spending.
Redeem It for Real Dollar Value
Cash back is applied as a statement credit, which directly reduces your card balance. That makes it easier to understand than travel points.
Match the Card to Your Spending
The best cash back card is the one that rewards the categories where you consistently spend money.
Watch the Gas and Grocery Rules
The SimplyCash Card has a $15,000 annual cap on eligible gas and grocery purchases, while the SimplyCash Preferred Card has a $30,000 annual cap.

Cash Back Value

Guaranteed Value

$1 cash back = $1 statement credit

Best Use

Everyday expenses, groceries, gas, bills, and statement credits.

Example

$1,000/month at 2% cash back= $20/month= $240/year before annual fees

High-Value Potential

The SimplyCash Card is best for no-fee cashback with 2% on eligible gas and groceries and 1.25% on other purchases.The SimplyCash Preferred Card is stronger for higher spenders, with 4% on eligible gas and groceries and 2% on other purchases, but the annual fee needs to make sense.

Quick Insight

Cash back does not have the same upside as travel points, but it is easier to use and has a guaranteed value of $1 cash back = $1 statement credit.

SimplyCash Card Benefits

A closer look at the benefits, travel rewards, and everyday extras that come with the SimplyCash Card.

5 total benefits

Featured Benefits

2% Cash Back on Gas

Earn 2% cash back at eligible stand-alone gas stations in Canada, up to the annual category cap, then continue earning the base cash back rate.

2% Cash Back on Groceries

Earn 2% cash back at eligible stand-alone grocery stores in Canada, up to the annual category cap, then continue earning the base cash back rate.

1.25% Cash Back on Other Purchases

Earn 1.25% cash back on other eligible purchases, giving the no-fee SimplyCash Card a practical base return for everyday spending.

Annual Cash Back Reward

Your earned cash back is automatically credited to your account once a year, appearing on your September statement - no extra steps required.

Amex Offers

Save on everyday purchases with Amex Offers and enjoy exclusive discounts and rewards at your favourite stores, restaurants, and online shops. New offers are always being added, so be sure to check your account regularly.

Explore All Benefits

Redemption Options1 benefit

Annual Cash Back Reward

Your earned cash back is automatically credited to your account once a year, appearing on your September statement - no extra steps required.

Amex Experiences3 benefits

Front of the Line Presale Access

Enjoy exclusive early access to presale tickets with Front of the Line access and get your seats to the hottest concerts, shows, and events before the general public.

Exclusive Access

Make every night out unforgettable and breeze through dedicated entrances at the Budweiser Stage, relax in premium lounges, and enjoy priority service at top venues like Massey Hall and Mirvish Theatres.

Amex Experiences

Cardmembers get access to a variety of special offers created just for American Express. From advance screenings of blockbuster movies, to weekend getaway packages and special online and in-store shopping deals, it's never been easier to have an experience you'll never forget.

Member Extras1 benefit

Amex Offers

Save on everyday purchases with Amex Offers and enjoy exclusive discounts and rewards at your favourite stores, restaurants, and online shops. New offers are always being added, so be sure to check your account regularly.

SimplyCash Card Insurance Coverage

Here’s a closer look at the insurance coverage included with the SimplyCash Card, including travel, purchase, rental car, mobile device, and other protections where applicable.

Coverage amounts, eligibility, and exclusions vary by card. Always review the certificate of insurance before relying on a benefit.

Travel Insurance

1 coverage

Purchase & Warranty Coverage

2 coverages

Explore Insurance Coverage

Travel Insurance1 coverage

Travel Accident Insurance

Provides up to $100,000 in Accidental Death and Dismemberment insurance when you charge your fare on a common carrier to your card. Coverage extends to you, your spouse, dependent children under 23, and even supplementary cardholders and their families.

Up to $100,000
Purchase & Warranty Coverage2 coverages

Automatic Purchase Protection

Get 90 days of automatic protection, covering up to $1,000 per incident for eligible purchases with coverage for accidental damage or theft, even if other insurance doesn't apply.

Up to $1,000

Extended Warranty with Buyer's Assurance Protection Plan

Doubles the original manufacturer's warranty by up to two additional years on eligible purchases made with your card. Coverage is valid in Canada and the U.S., with protection up to $10,000 per item and $25,000 annually.

Up to $25,000 annually

SimplyCash Card Fees & Rates

A quick look at the SimplyCash Card's annual fee, interest rates, and other common charges.

Annual Fee

$0 /year

Foreign Transaction Fee

2.50%

Applies to purchases in non-Canadian currencies.

Purchase Interest

21.99%

Applies when you carry a balance on purchases.

Cash Advance Rate

21.99%

Applies to cash advances and certain non-purchase transactions.

Detailed Fee Breakdown

Annual Fee
$0/year
Foreign Transaction Fee
2.50%
Purchase Interest
21.99%
Cash Advance Rate
21.99%
Full Benefits Additional Card Fee
$0
Penalty APR
25.99% - 29.99% Variable
Balance Transfer Rate
N/A
Intro Balance Transfer Rate
N/A

SimplyCash Card card image
Apply for the SimplyCash Card

Instant decision available with no impact to your credit score.

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SimplyCash Card
View the current offer for the SimplyCash Card SimplyCash Card offer
Earn up to $100 cashback.
Instant decision available with no impact to your credit score.
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