Looking for a rewards credit card that’s simple, has no tricks and is exceptionally rich? The new no Annual Fee SimplyCash card from American Express has the highest no-fee flat cash back rate of 1.25% in Canada, on everything you buy, with unlimited earning potential.

Need another incentive to try it out? American Express is now offering 5% cash back for the first 6 months on gas, grocery and restaurant spend in Canada! With no annual fee, the 5% promotion itself makes the card a bargain, and worth trying – even if you plan on only using it for the 6 month promo.

There is no other no annual fee credit card in Canada currently offering 5% cash back for 6 months in gas, grocery and restaurant spend, and none that offers 1.25% on all spend, regardless of category, with absolutely no limits. With no annual fee, it’s risk free to try, and a great compliment to any wallet.

To top it off, Amex is offering a 0% interest rate on balance transfers for the first 6 months.

How Does The SimplyCash Card Stack-Up?

We did a competitive comparison with other flat rate, no fee credit cards and we found the SimplyCash card offered 25% more rewards than its next closest competitor and it’s 5% cash back on gas, grocery & restaurants for the first 6 months was simply unmatched:

SimplyCash At A Glance:

• 1.25% cash back on all spend with no caps – unlimited earning potential
• Bonus of 5% cash back on all eligible purchases at gas stations, grocery stores and restaurants (up to $250 back) for the first 6 months
• No annual fee
• No annual fee on supplementary cards
• 0% interest rate on balance transfers for 6 months
• Insurance coverage including Travel Accident, Buyers Assurance, Purchase Protection, Car Rental Theft & Damage
• Front of the line access to the hottest entertainment

Why It’s A Winner:

We like the no fee SimplyCash card a lot because it hits on the features most Canadians are looking for in a cash back credit card: no annual fee, the richest cash back rate of 1.25% on all purchases in Canada, the simplicity of a flat earn rate on ALL spend with no limits on earnings, and  a super sign-up bonus of 5% cash back on gas, groceries and restaurants in the first 6 months is unparalleled.

With no annual fee, it makes for a great complimentary card. You can use the Amex card to get 5% cash back in the first 6 months on gas, grocery and restaurants, while using another cash back or rewards card that offers more in other categories. Likewaise, you can use the SimplyCash card to earn 1.25% on all your spend, and another no fee cash back card to earn 1% where Amex isn’t accepted – maximizing your rewards.

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