How to Apply for AMEX SimplyCash Preferred Credit Card Today

Exploring convenient and rewarding credit card options in Canada? Consider the AMEX SimplyCash Preferred Credit Card from American Express. This card stands out with its impressive cashback rewards on everyday purchases, offering simplicity and value without the need for complicated point systems.

Whether you’re fueling up your vehicle, shopping for groceries, or dining out, this card helps you earn while you spend. With its easy online application process, you can quickly take advantage of features like no annual fee for the first year and attractive cashback rates that suit your lifestyle.

Designed with ease and user-friendliness in mind, the card is a great option for both first-time credit card users and seasoned spenders looking for added benefits. Dive into this article to learn how you can apply for the AMEX SimplyCash Preferred Credit Card today and start enjoying its perks immediately.

Unlocking the Benefits of the AMEX SimplyCash Preferred Card

1. Earn 2% Cashback on Everyday Purchases

With the AMEX SimplyCash Preferred Card, you can enjoy 2% cashback on all purchases, making it a perfect partner for your routine spending. This means every time you swipe for groceries, dining, or utilities, you’re getting a portion of that expense back. For example, if you spend $500 monthly on groceries, you’ll receive $10 cashback. Over a year, that adds up significantly.

Tip: Automate payments for your recurring bills using this card to effortlessly maximize your cashback returns.

2. Welcome Bonus Offer

The card offers a welcome bonus of up to $400, which can be a great kickstart to your cashback earnings. This is contingent upon meeting a minimum spend threshold within the first couple of months of card membership. Consider using the card for all your planned purchases to hit the requirement without overspending.

Tip: Plan major purchases like home appliances within the introductory period to ensure you qualify for the welcome bonus.

3. Comprehensive Travel Insurance

Travel with peace of mind using the AMEX SimplyCash Preferred Card’s travel insurance benefits. This includes out-of-province/country emergency medical insurance and rental car theft and damage coverage. Given Canada’s vast travel opportunities, having such insurance can save you significant unforeseen travel expenses.

Tip: When booking a trip, charge the full amount to your card to ensure your travel insurance is activated.

4. Purchase Protection and Extended Warranty

Shopping becomes safer with the card’s purchase protection and extended warranty services. This feature offers up to 90 days of protection against accidental damage or theft on your purchases, plus extends the manufacturer’s warranty up to one additional year.

Tip: Consider using the card for electronics or furniture purchases that typically benefit from extended warranty coverage.

SIGN UP TO GET YOUR AMEX SIMPLYCASH PREFERRED CARD FROM AMERICAN EXPRESS

Requirements to Apply for the AMEX SimplyCash Preferred Card

• Minimum Income: Applicants typically need to meet a certain income threshold, often around $15,000 CAD annually. This ensures that you have a stable income to manage your credit card payments effectively.
• Credit Score: A good to excellent credit score is usually required. In Canada, this range can be approximately 670 and above. Higher scores tend to improve your chances of approval.
• Age Requirement: You must be the age of majority in your province or territory. This means being at least 18 or 19 years old, depending on where you reside in Canada.
• Canadian Residency: Proof of residency is necessary. You must be a resident of Canada, which you can usually demonstrate with a valid Canadian address.
• Valid Identification: You’ll need to present valid ID, such as a Canadian passport or driver’s license, to verify your identity.

LEARN MORE DETAILS ABOUT AMEX SIMPLYCASH PREFERRED CARD FROM AMERICAN EXPRESS

How to Apply for the AMEX SimplyCash Preferred Card from American Express

Step 1: Visit the American Express Canada Website

Begin your application for the AMEX SimplyCash Preferred Card by visiting the official American Express Canada website. Navigate to the credit cards section, where you will find a variety of options. Look specifically for the SimplyCash Preferred Card, as this card offers unique features and benefits tailored to fit your lifestyle. Once located, click on the card to access detailed information.

Step 2: Review the Card Details and Requirements

Before proceeding with the application, make sure to thoroughly review the card details, rewards program, and eligibility requirements. It is important to understand the financial obligations and benefits, such as the annual fee and cashback percentages. Ensure that you meet the criteria, such as being a resident of Canada and having a good credit score, to increase your chances of approval.

Step 3: Complete the Online Application Form

Once you are familiar with the card’s details and have ensured that you meet the requirements, proceed by clicking on the ‘Apply Now’ button. Fill out the online application form with accurate personal information, such as your name, address, date of birth, and employment details. Be prepared to provide financial information, including your income and any other credit cards you may have. Double-check all entries for accuracy before submitting the form.

Step 4: Submit the Application and Await Approval

After completing the application form, submit it for processing. American Express will review your application and inform you of their decision. This process can take a few days to a couple of weeks. During this period, ensure your contact information is accessible, as they may reach out for additional verification.

Step 5: Receive Your SimplyCash Preferred Card

If your application is approved, you will receive your AMEX SimplyCash Preferred Card in the mail. Follow any instructions included on how to activate your new card before using it. Enjoy the benefits and rewards that come with being a cardholder, and remember to make timely payments to maintain a good credit standing.

SEE HOW TO GET YOUR AMEX SIMPLYCASH PREFERRED CARD FROM AMERICAN EXPRESS

Frequently Asked Questions about the AMEX SimplyCash Preferred Card

What are the rewards offered by the AMEX SimplyCash Preferred Card?

The AMEX SimplyCash Preferred Card offers a generous rewards program. You earn 4% cash back on eligible gas and grocery purchases in Canada, and 2% cash back on all other purchases. These rewards make everyday spending more rewarding and help you maximize your savings.

Is there an annual fee for the AMEX SimplyCash Preferred Card?

Yes, there is an annual fee of $119.88 for the AMEX SimplyCash Preferred Card. This fee is billed monthly at $9.99. Many cardholders find that the rewards and benefits outweigh this cost, especially when taking advantage of the higher cash back rates on gas and groceries.

What kind of travel insurance benefits does this card provide?

The AMEX SimplyCash Preferred Card offers several travel insurance benefits, including travel accident insurance and car rental theft and damage insurance. These benefits provide peace of mind while traveling, knowing that you’re protected from unexpected events.

Does the card provide any purchase protection?

Yes, the AMEX SimplyCash Preferred Card includes purchase protection. This means that when you buy an eligible item with your card, you’re protected against accidental damage and theft for up to 90 days from the purchase date. This feature ensures you can shop with confidence.

Can I add supplementary cardholders to my account?

Yes, you can add supplementary cardholders to your AMEX SimplyCash Preferred Card account. There is a $0 annual fee for additional cards, which allows you to share the benefits and convenience of your card with family members while earning cash back on their spending as well.

Linda Carter

Linda Carter is a writer and financial expert specializing in personal finance and financial planning. With extensive experience helping individuals achieve financial stability and make informed decisions, Linda shares her knowledge on the our platform. Her goal is to empower readers with practical advice and strategies for financial success.