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SimplyCash Card from American Express review

3.9Rated by the CreditCardGuru Editorial Team

One of Canada's strongest no-fee cash back cards thanks to the 1.25% floor and 2% on gas and groceries. Just mind the grocery cap and Amex acceptance.

At a glance

Annual fee
No annual fee
Welcome bonus
~$100
Foreign tx fee
2.5%
Network
AMEX
Rewards
cash back
Purchase APR
21.99%

Rewards & earn rates

Groceries2% up to $300 cash back per year (about $15,000 in spend), then 1.25%2%
Gas2%
Everything else1.25%

Welcome offer: 5% bonus cash back on all purchases for the first 3 months (up to $100) (Applies to your first $2,000 in purchases in the first 3 months).

Pros & cons

Pros

  • 1.25% everywhere is among the best no-fee base rates in Canada
  • Simple, automatic cash back with no categories to activate

Cons

  • Grocery cash back capped at $300 per year
  • Minimal insurance and Amex acceptance gaps at some merchants

Perks & insurance

Key perks

  • 2% cash back at Canadian gas stations and grocery stores with no annual fee
  • Strong 1.25% base rate on everything else
  • Free additional cards
  • Amex Experiences and Amex Offers access

Insurance

  • Travel accident insurance $100,000
  • Purchase protection (90 days)
  • Extended warranty (+1 year)

Rates & fees

Annual fee
None
Purchase interest
21.99%
Cash advance
21.99%
Foreign transactions
2.5%
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team

Similar cards to consider

CIBC Dividend Visa Infinite Card
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CIBC Dividend Visa Infinite Card

4.5·Households with heavy grocery and gas spend who want maximum cash back.
Annual fee
$120/yr
Welcome bonus
~$350
Top reward
4% groceries
  • 4% on gas and groceries is among the highest in Canada
  • Strong 2% middle tier covers dining, transit and bills
Apply nowView details