SimplyCash™ Preferred Card from American Express
At 2%, this card not only has the best cash back rates on everything you buy, but it also has great insurance and a few extra Amex perks.
- Annual Fee
- Extra Card Fee
- Card Type
- Cash Advance
- Balance Transfer
- Personal Income
- Household Income
|Extended Warranty||1 year|
|Purchase Protection||90 days|
|Emergency Medical Term||15 days|
|Lost or Stolen Baggage||$500|
|Rental Car Theft & Damage||Yes|
Please review your insurance certificate for details, exclusions and limitations of your coverage.
The American Express SimplyCash Preferred card is one of the top cash back cards on the market right now and for good reason. With 2% cash back on everything you buy, this card has the best all-purchase cash back rate of any card.
Then there's also an introductory rate of 10% cash back*, up to $400 earned, on all purchases for the first 4 months, that lets you earn even more.
If you spend more than $1,000 per month, then the $99 annual fee will be easily paid for with even more cash left in your pocket when compared to a 1% no fee card.
Some cool perks include:
- Amex Invites and Front of the Line,
- 9 different insurance (see the Insurance Coverage tab above), and...
- for no extra fee, you can add a secondary user.
With this card, the more you spend, the more cash back you'll get...because there's no limit or cap.
If an annual fee isn't your thing, no worries. Because this card has a
There are some stores that just won't accept Amex, but plenty do and more are being added all the time. However, for peace of mind, you could always pair your Amex with a Visa or Mastercard to make sure you don't miss out on any rewards.
And, you only get to redeem your cash once a year as a statement credit but that does help you save it up so you don't fritter it away.