American Express
Generous cash back offers, bonus rates on gas and groceries, and flexible rewards. Welcome bonus up to 10% cash back for new cardholders. Security, support and rewards in one card.
The American Express Cash Back Credit Card lineup stands out for Canadians looking to earn extra rewards. With welcome bonuses for new members—up to 10% cash back for SimplyCash Preferred Cardholders—the cards add strong value for everyday spending. Rates include up to 4% cash back at gas stations and groceries, plus 1.25% to 2% on everything else.
Interest rates, annual fees and credit limits may vary by card. For example, the SimplyCash Card has no annual fee and offers up to $100 bonus cash back in your first three months. For the Preferred version, you get up to $200 in welcome bonus cash-back with an annual fee to consider. Each cardholder must be a Canadian resident, have a Canadian credit file, and meet age of majority requirements.
How to Apply – Step by Step
- Review eligibility criteria for Canadian residents and age of majority.
- Select your preferred American Express Cash Back Card.
- Gather employment, income, and banking details.
- Complete the application form online.
- Wait for an instant response, usually within 60 seconds.
Pros
One major benefit of these cards is the strong welcome bonuses. Earning extra cash back on essentials like groceries and gas can add up quickly, especially for families.
24/7 customer support and robust fraud protection give peace of mind. Online account management adds convenience, making it simple to track rewards.
Cons
Some versions require an annual fee, which may offset rewards if you’re not a high spender. Cash back categories do have annual earning caps.
Additionally, American Express is less widely accepted at some smaller merchants compared to Visa or Mastercard, so acceptance could be an issue in select cases.
Verdict
The American Express Cash Back Credit Cards deliver generous bonuses and ongoing rewards, especially for spending on gas and groceries. These are great options for those who maximize everyday purchases. If you value service, security and flexible rewards, these cards deserve consideration as part of your wallet.
