American Express
No annual fee, earn up to 10,000 Membership Rewards or up to 5% cash back. Interest rate of 21.99%. Flexible rewards and instant approval for eligible Canadians.
Looking for a rewarding credit card with zero annual fees? American Express offers two strong contenders: the Green Card and the SimplyCash Card. Both come with a 21.99% interest rate for purchases and funds advances. Each card targets Canadian residents aiming to maximize rewards without ongoing costs. Both cards are subject to credit approval, and cardholders must be of legal age.
How to Apply for the American Express No Annual Fee Credit Cards
To apply, visit the American Express website and select your preferred card. Next, complete the online application form with your personal and financial details. Submit the application for assessment. If approved, you’ll receive your new card by mail. Note that there may be delays if there’s a Canada Post labour disruption.
Pros of These American Express Offers
The Green Card provides a 10,000-point welcome bonus, while SimplyCash Card offers up to 5% cash back on purchases during your first three months. Both cards come without annual fees, making them accessible for first-time cardholders or those who want to keep costs low. Earn rewards or cash back on daily spending and enjoy American Express perks like Front Of The Line® access.
Cons to Be Aware Of
Their interest rates for purchases and fund advances are higher than some basic cards. Current or former cardholders of the same product are not eligible for the sign-up bonus. Approval is also subject to credit checks, possibly excluding some applicants.
Verdict: Are These American Express Cards Right For You?
American Express No Annual Fee cards offer substantial value through welcome bonuses and ongoing rewards, with straightforward applications and no annual fees. If your goal is to maximize rewards at minimal cost, these cards stand out. Compare the two to select the best fit for your lifestyle before applying.
