SimplyCash® Preferred Card from American Express
Annual fee
CA$120
Welcome bonus
CA$250
est. value
Est. 12-mo value
CA$130
bonus × ¢/pt − fee
Base ¢/pt
1.00
Foreign txn
2.5%
Benefits
6 / 10
// $250 CAD bonus − $119.88 fee = CA$130
Welcome Offer
Earn up to $250 in bonus value: up to $200 bonus cash back (10% on up to $2,000 in purchases in first 3 months) plus a $50 statement credit
Earn Rates
4Gas
4Groceries
2All other purchases
Benefits & Insurance
·Airport Lounge
·No FX Fee
✓Car Rental Insurance
✓Travel Medical
·Trip Cancellation
✓Flight Delay
✓Mobile Insurance
✓Purchase Protection
✓Extended Warranty
·Free Checked Bags
Key Perks
Statement credits
Earn up to 4% cash back on eligible gas and grocery purchases
Front of the Line presale tickets
Food delivery credits
Front Of The Line® Access
Free first checked bag
Earn 2% cash back on everything else
Insurance Detail
travel medical
5000000
flight delay
4
lost baggage
500
travel accident
100000
car rental
9
purchase protection
2
mobile insurance
Yes
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// last updated 2026-02-23 · est. value = welcome bonus × base ¢/pt − annual fee