SimplyCash Card from American Express
American Express
No-fee seekers who want simple, above-average flat cash back on everyday spending.
VaultNerd estimate based on the card's tier and income requirements — not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
One of Canada's strongest no-fee cash back cards thanks to the 1.25% floor and 2% on gas and groceries. Just mind the grocery cap and Amex acceptance.
Reward rates
Groceries 2% up to $300 cash back per year (about $15,000 in spend), then 1.25% | 2% |
Gas | 2% |
Everything else | 1.25% |
Welcome bonus
5% bonus cash back on all purchases for the first 3 months (up to $100)
Requirement: Applies to your first $2,000 in purchases in the first 3 months
Pros
- 1.25% everywhere is among the best no-fee base rates in Canada
- Simple, automatic cash back with no categories to activate
Cons
- Grocery cash back capped at $300 per year
- Minimal insurance and Amex acceptance gaps at some merchants
Perks
- 2% cash back at Canadian gas stations and grocery stores with no annual fee
- Strong 1.25% base rate on everything else
- Free additional cards
- Amex Experiences and Amex Offers access
Insurance
- Travel accident insurance $100,000
- Purchase protection (90 days)
- Extended warranty (+1 year)
Researching and writing about Canadian credit cards and rewards since 2026.
“SimplyCash Card from American Express Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/amex-simplycash, updated June 2026.
- American Express cardholder agreement and rates & fees disclosure
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