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Updated: 9/17/2024. This post was not sponsored. The views and opinions expressed in this review are purely those of the …

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Updated: 9/17/2024. This post was not sponsored. The views and opinions expressed in this review are purely those of the author. American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the See Offer link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment.

SimplyCash® Preferred Card from American Express

Great for earning high cash back on all spending

Our Rating:

* * * * *

5 stars

See Offer

On American Express’s secure website

Top Perks
  • Valuable insurances including baggage delay, flight delay, and car rental
  • Events and special offers curated for cardmembers
  • No annual fee for supplementary cards
See Offer

On American Express’s secure website

Rewards
  • Earn 4% cash back on eligible gas station purchases in Canada
  • Earn 4% cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually)
  • Earn 2% cash back on all other purchases
Welcome bonus

Earn a bonus 10% cash back on all purchases for your first 3 months (up to $2,000 in purchases). Plus, earn a $50 statement credit when you make a purchase in month 13. This could add up to $250 in bonus value in your first 13 months.

Learn More

Read our review

Annual Fee:

$119.88 ($9.99 monthly)

Eligibility:

Credit rating : Good, Excellent

Annual Income : $N/A

SimplyCash® Card from American Express

Great for earning cash back with no fees

Our Rating:

* * * *

4 stars

See Offer

On American Express’s secure website.

Top Perks
  • No limit on cash back you can earn
  • Entertainment and dining perks with American Express Experiences
  • Purchase protection up to $1,000 per occurrence
See Offer

On American Express’s secure website.

Rewards
  • Earn 2% cash back on eligible gas purchases in Canada, 2% cash back on eligible grocery purchases in Canada (up to $300 cash back annually), and 1.25% cash back on all other eligible purchases
Welcome bonus

In your first 3 months as a new SimplyCash® Card from American Express Cardmember, you can earn a bonus  5% cash back on all purchases (up to $2,000 in purchases). That’s on top of your everyday cash back earn rates. That’s up to $100 in bonus cash back.

Annual Fee:

$0

Eligibility:

Credit rating : Good, Excellent

Annual Income : $N/A

American Express Cobalt ® Card

Best Rewards credit card

Our Rating:

* * * * *

5 stars

See Offer

On American Express’s secure website.

Top Perks
  • Earn accelerated rewards (2x) on eligible travel purchases (including flights)
  • No annual fee for supplementary cards
  • Up to $100 USD hotel credit to use on amenities like dining, spa or other leisure facilities when charged to the room
See Offer

On American Express’s secure website.

Rewards
  • 5x Membership Rewards® on eligible food and drink
  • 3x Membership Rewards® on eligible streaming subscriptions
Welcome bonus

Up to 30,000 Membership Rewards® points in the first year (2,500 points per month for each month that you spend $500 on the card during the first year)

Learn More

Click here to learn more about the American Express Cobalt ® Card

Annual Fee:

$200

Eligibility:

Credit rating : Fair, Good

Annual Income : $120000

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

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