Discover the Steps to Apply for a Simply Cash Preferred Card

Key Points to Consider Before Applying

The American Express SimplyCash Preferred provides a fantastic opportunity to earn up to 4% cashback across various categories, along with bonuses reaching up to $200 during the first three months!

American Express stands as a key player in the credit card arena across North America, reaching beyond the USA to the whole continent.

This means they extend their offerings to Canada, featuring the Amex SimplyCash Preferred as one of their premier choices.

The card presents a variety of bonuses, including 10% cashback on every purchase for the first three months, up to $200, plus an extra $50 in statement credits if you make a purchase in the 13th month. 

You can also earn up to $750 in annual cashback by referring friends who get the card.

The credit limit primarily relies on factors outlined in each application, such as credit history and income.

Thus, anticipate generous limits when using the card. The monthly fee is $9.99, which adds up to $119.88 each year, alongside an annual interest rate of 21.99% for both purchases and cash advances.

This card provides various cashback tiers, which include:

• 4% on gas: qualifying purchases at gas stations
• 4% on groceries: qualifying purchases at supermarkets
• 2% on all other categories

By referring friends, you can rake in up to $750 in cashback throughout the year. The American Express card is highly regarded, particularly for its robust cashback offerings.

A standout feature is the cell phone protection insurance, which covers up to US$ for theft or damage to phones bought with the card.

If this option interests you, continue reading.

Eligibility to Apply

The American Express card has requirements based on creditworthiness.

You need to be a citizen aged 18 or 19, depending on your province.

Moreover, you must be registered in the country, as either a Canadian citizen or a foreign national with a valid passport and visa.

To qualify for SimplyCash, you need a solid credit score, no debt, and your income information.

All applications are contingent on availability from American Express.

How to Apply for the Simply Cash Preferred Card?

On the card’s page, you’ll see the ‘Apply Now’ button to begin the application process.

Clicking the button will lead you to a page where you can confirm and accept the terms. Amex guarantees a reply within 60 seconds. Here’s what you’ll need to complete in the form:

• First name, last name, card name, email, birth date, postal code, social security number (optional), and existing American Express card number (optional);
• Contact number, complete address, housing type (owned, rented, etc.);
• Financial details such as job type, payment frequency, earnings, and spending ratio.

Once done, you can send your application for American Express to evaluate.

They promise a faster response than the average market. Plus, you can rely on Amex’s customer service for any inquiries.

During the card application, you might need to submit documents to verify your identity and income.

Additional Information

This card is all-encompassing, providing American Express experiences, including early access to ticket sales, reservations, exclusive entertainment, and dining experiences.

Amex sets a high bar that includes luxurious shopping experiences while you travel, along with access to the American Express Lounge, where you can indulge in the finer things while using your SimplyCash.

When it comes to security, this card provides 24/7 customer support, emergency card replacement, a fraud protection guarantee, and the complete American Express app for managing your account online.

On top of that, the card brings you special offers from American Express for shopping, dining, and travel adventures.

Interested in exploring other options?

Looking for a unique experience from a fully Canadian brand? Neo Financial offers the Neo Money Card, a blend of credit and debit.

This card utilizes the funds in your Everyday account while providing cashback rewards based on your purchases. Check out how to apply.

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