Discover the card that combines zero annual fee, direct cashback, and protection with every transaction.

The SimplyCash Card from American Express is much more than a no‑fee credit card — it’s a practical, smart, and financially advantageous solution for anyone living in Canada who wants to turn everyday spending into real returns in their wallet.

With this card, every purchase becomes an opportunity to earn money back, without dealing with points, miles, or complex redemption schemes.

This card stands out for its transparent approach: it offers an automatic and generous cashback system that starts with a 5% bonus during the first months of use, plus perks like travel insurance, purchase protection, and a referral program that rewards those who share the experience.

Want to know if it really fits your profile and how to make the most of all its benefits? Then keep reading to discover everything the SimplyCash card can offer.

What the SimplyCash Is and Why It Deserves Your Attention

The SimplyCash is a credit card issued by American Express, specifically designed to deliver simplicity and real value.

Its main appeal is the cashback system: you automatically receive a percentage of your spending back, without needing to accumulate points or deal with confusing redemption rules.

Unlike cards that require monthly category selection, miles accumulation, or subscription packages, SimplyCash stays true to its name — it simply gives you cash back as you spend. And it does so in a clear, straightforward, and advantageous way.

For those seeking everyday convenience, it’s especially appealing. After all, everyone makes purchases — whether to fuel a car, buy groceries, or pay for online services. And with SimplyCash, those purchases start earning you direct financial returns.

Generous Cashback Starting Day One

American Express really knows how to welcome new cardholders. During the first three months, you earn a promotional 5% cashback on all purchases, capped at CAD 2,000 in spending. That means you can get up to CAD 100 back simply by using the card for your regular expenses.

This initial benefit requires no registration or activation — it’s applied automatically from the first use. Perfect for those moving, furnishing a new home, or just wanting to make the most of their early months of card usage.

After this period, the ongoing cashback structure kicks in: 2% cash back on eligible supermarket and gas station purchases in Canada, two essential categories for most monthly budgets. For all other purchases, such as restaurants, streaming platforms, transportation, and apparel, the return is 1.25%.

Unlike many competitors that require choosing categories every month or limit cashback to specific vendors, SimplyCash delivers a more flexible, efficient, and comprehensive structure.

Savings Beyond Cashback: Truly No Annual Fee

One of the biggest differentiators of SimplyCash is its complete waiver of annual fee — for both the primary cardholder and any additional cards.

In other words, you can add trusted family members or friends to the same account and boost your cashback earnings without paying extra.

In practice, this makes SimplyCash a card with outstanding cost-benefit. Many cards offer similar cashback but charge an annual fee, which can negate the reward value. With SimplyCash, everything you earn truly stays yours.

Plus, the absence of an annual fee suits those aiming for financial control and wanting to avoid fixed costs — especially useful when budgets are tight.

Earn Even More by Referring Friends

If you like sharing great experiences, SimplyCash lets you monetize it. The card’s referral program rewards you for each approved friend using your unique link.

With every successful referral, you earn a cash bonus, up to a generous annual cap.

It’s a fun and effortless way to increase your earnings simply by recommending something you already trust and use.

It also builds a community of card users enjoying benefits collectively and encourages smart usage of the product.

Security and Peace of Mind on Every Journey

Travel is a passion for many Canadians and newcomers alike. Whether for business, leisure, or family visits, feeling secure while traveling matters. And this is where SimplyCash truly stands out.

When you use the card to pay for plane, train, ferry, or bus tickets, you automatically receive up to CAD 100,000 in travel accident coverage, including accidental death or dismemberment.

This level of protection, often found only on premium cards with high fees, comes here at no additional cost.

It’s another way SimplyCash adds real value to your daily life — looking after you even when you’re far from home.

Other Value‑Added Benefits That Make a Difference

Beyond cashback and travel insurance, SimplyCash offers several additional perks that reinforce its position as one of the best no‑fee cards in Canada:

• Purchase Protection: covers eligible items for up to 90 days against accidental damage or theft — a relief when buying electronics, clothing, or accessories.
• Extended Warranty: eligible purchases get up to 1 extra year of warranty beyond the manufacturer’s coverage.
• Access to Exclusive Experiences: through Amex Experiences, you get early access to tickets, special events, and unique promotions at restaurants, entertainment venues, and stores.

These perks elevate the card experience — making it more than just a payment tool, but a true companion for your lifestyle.

How to Apply for Your SimplyCash Card

Applying for the SimplyCash Card from American Express is simple, fast, and entirely online. Here’s how to get your card and start earning cashback from your first purchase:

1. Confirm Basic Eligibility

Before applying, ensure that you:

• Are a legal resident of Canada;
• Meet the minimum age requirement (18 or 19, depending on the province);
• Have a stable income (no specific threshold required, but helpful for approval);
• Maintain a positive credit history, ideally with a score above 650;
• Possess an active Canadian credit file (even if new).

2. Visit the Official American Express Canada Website

Go to the official Canadian portal of American Express and find the SimplyCash card in the no‑fee cards section.

Click “Apply Now” to begin your application.

3. Complete the Application Form

You’ll be directed to an online form asking for:

• Full name;
• Canadian residential address;
• Phone number and email;
• Date of birth;
• Social Insurance Number (optional but recommended for faster credit evaluation);
• Employment status, employer name, and gross annual income;
• Additional financial details like length of residence, living situation, and monthly housing payment.

Fill out everything accurately to speed up the review process and avoid rejection due to inconsistent information.

4. Review Terms and Conditions

Before submitting, carefully review interest rates, usage terms, cashback policies, and cardholder agreement details. Confirm that you agree with privacy and usage policies.

5. Submit Your Application

After confirming your information, click “Submit” to send your application. The system will review your data, and in most cases, you’ll receive a decision within minutes.

6. Wait for Card Delivery

If approved, you’ll get a confirmation email, and the physical card will be mailed to your address, usually within 7–10 business days. You’ll also receive instructions for activation.

7. Activate Your Card and Start Using It

Once received, activate the card online or by phone as instructed. From that moment, you can:

• Earn cashback starting with your first purchase;
• Enjoy the 5% welcome bonus in the first three months;
• Add additional cards for free, if desired;
• Access exclusive Amex member offers and perks.

Understanding Fees and Interest

Although the card doesn’t charge an annual fee, responsible usage is key. If your balance is not paid in full by the due date, interest at 21.99% per year applies to purchases and cash advances.

Additional fees may apply for late or partial payments, potentially increasing the interest earned.

Therefore, the best way to use SimplyCash is wisely — leveraging its benefits but always paying the full statement balance each month.

This way, you enjoy all cashback advantages without paying a single cent in interest charges.

Comparing With Other No‑Fee Cards

Putting SimplyCash alongside other no‑fee cards in Canada, it truly stands out for balancing simplicity, rewards, and added perks.

While many cards require monthly category selection or limit rewards to specific retailers or brands, SimplyCash offers consistent, automatic, and wide-ranging returns.

Another major advantage is no minimum spend required to qualify for benefits.

Even if your usage is modest, you still earn cashback continuously and safely.

Conclusion: Smart Cashback With Zero Cost

The SimplyCash Card from American Express is the ideal choice for anyone seeking convenience, savings, and real rewards in Canada.

With cashback on all purchases, no annual fee, and value‑added perks making a tangible difference, this card delivers exactly what it promises — cash back in your pocket.

But if you’re also exploring easy‑approval and more accessible options, check out NeoCredit in our next article — a card designed especially for newcomers and students starting their financial journey in Canada.

Click below to learn everything about NeoCredit in our upcoming article.