American Express
Earn up to 10% cash back in the first 3 months, enjoy reliable customer service and travel protection with convenient card management online.
American Express offers a variety of cash back credit cards tailored for Canadian residents seeking great rewards. Not only can you earn up to 10% cash back during the welcome bonus period, but you’ll also benefit from solid rates of 1.25% to 4% on everyday spending. Credit limits and rates can differ depending on the card, with the SimplyCash Preferred card providing up to $200 in bonus cash back in your first three months plus a $50 bonus after your first year when you meet the requirements. There’s also travel insurance, fraud protection, and 24/7 customer service, all backed by the American Express reputation for reliability and flexibility.
How to Apply: Step by Step
- Verify you are a Canadian resident, of age, and have a Canadian credit file
- Select the American Express cash back card that suits your needs
- Complete the online application with employment, income and bank details
- Review your details and submit your application
- Wait for a quick decision—often within 60 seconds
Key Pros
One of the strongest points is the generous welcome bonus—the potential to earn 5%–10% cash back on purchases during the introductory period is a standout. Everyday cash back rates on essentials like groceries and gas (up to 4%) enhance long-term value. Plus, benefits like travel insurance, emergency card replacement and fraud protection provide peace of mind to cardholders on the go.
A Few Cons
Some cards come with annual fees, which may offset cash back for minimal spenders. Bonus rates are capped at certain spending thresholds, and not all merchants qualify for higher tier cash back rewards. These cards also require you to have a good credit profile for approval.
Final Verdict
The American Express Cash Back Credit Cards suite stands out in Canada for strong welcome offers and competitive ongoing rewards. If you value earning cash back with added benefits like insurance and excellent support, these cards are a top choice for savvy spenders looking to get more from every dollar.
