Continuing on with our tweet from Monday:
This is the definite good news for Wednesday on top of all the other good news we already posted!
A Canadian first, perhaps a worldwide first, but as of today you can get a 10% return on credit card spending. Yes it is limited to specific category spending but all we can say is wow! We have never seen a published 10% offer before. Has it been possible to pull value of 10% or more out of credit cards? Yes with frequent flyer and frequent guest cards like The Starwood Preferred Guest Credit Card from American Express but those are not published returns. Here we have a card that is marketing and publishing a 10% return!
As of today if you apply for and are approved for the SimplyCash Preferred Card from American Express you will earn 10% cash back on eligible gas, grocery and restaurant purchases in Canada for the first 6 months of Cardmembership (up to $300 cash back). The previous offer was 5% up to to $300. So your total value doesn't change but you can now reach that limit twice as fast with only $3,000 in category spending versus $6,000 of overall spending!
SimplyCash Preferred Card from American Express
Card Name: SimplyCashTM Preferred Card from American Express
Card Type: Credit
Annual Fee: $99
Product Details:
New SimplyCash Preferred Card from American Express Cardmembers can earn 10% cash back on eligible gas, grocery and restaurant purchases in Canada for the first 6 months of Cardmembership (up to $300 cash back)
Earn 2% cash back on all other purchases and when your welcome rate ends.
No limit to the amount of cash back you can earn
Access to memorable experiences with American Express Invites®
Extensive insurance coverage and 24/7 Customer Service
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Offer subject to change without notice.
Conditions apply
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