The SimplyCash®️ Preferred Card from American Express has the best rates on cash back. Enjoy 2% of cash back, and immense other benefits! Let’s see more! 

We are sure that you want a good card. Everyone wants one. Maybe you want something with a lot of cash back? If you spend a lot of money on certain areas, then you will for sure benefit from that offer. The SimplyCash®️ Preferred Card from American Express can help. 

This credit card is perfect for everyone who needs a good card in their life. The SimplyCash®️ Preferred Card from American Express has a lot of cash back, an amazing welcome offer, and insurance! Let’s learn more about this credit card down below. 

Why we recommend the SimplyCash®️ Preferred Card from American Express credit card 

It is not that we are sure you will love the SimplyCash®️ Preferred Card from American Express, it is just a hunch. Well, normally a credit card with these many benefits, it is not hated by the clients. And the reason we recommend it will be obvious by the end of this. 

Now, the SimplyCash®️ Preferred Card from American Express is the type of card many apply when they want many benefits. Or when they want extra money. That is because the card has a lot of cash back in different areas. It is even competitive. 

When we get these types of cash back, that are very abundant and in useful places, you will benefit even more from the card. For an example, the SimplyCash®️ Preferred Card from American Express has 4% on gas, groceries and 2% on everything else. 

This makes the SimplyCash®️ Preferred Card from American Express the card with the most amount of cash back, since all the others only give 1% on the rest of purchases, unlike these 2%. This is one of the reasons why we recommend it so much. 

What can I use the credit card for? 

Now, what can you use the SimplyCash®️ Preferred Card from American Express for? It is very simple. Like many other American Express cards, this one has a lot of benefits that spoil the use of the card. In the cashback, you can see some of them. 

You can use the card on gas, on groceries, to pay bills, and everything you want. If you want to buy something big, the SimplyCash®️ Preferred Card from American Express will also be good for it. In the insurance, we have travel and purchase insurance, which tells us it is good for travelers too. 

And of course, if you are someone that like to go out and have fun, you can also use the SimplyCash®️ Preferred Card from American Express for that. You can use the benefit of the Front Of The Line and you will be able to get concert tickets faster. 

Credit card advantages 

If you are looking to learn more about the amazing SimplyCash®️ Preferred Card from American Express, then learning the benefits it has is going to be one of the biggest steps you can take. If you want to know them, keep reading because we have all of them down for you. 

• Earn 4% cash back on eligible gas station purchases in Canada 
• Earn 4% cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually) 
• Earn 2% cash back on all other purchases 
• Travel coverage 
• Mobile coverage 
• American Express experiences 
• Buyer’s Assurance® Protection Plan 
• Purchase Protection® Plan 
• 24/7 Customer service 
• Fraud Protection Guarantee 
• Emergency Card Replacement 
• American Express SafeKey® 
• Manage your account online 
• The American Express® App 
• Amex Offers 
• American Express Travel Online 

What are the credit card disadvantages 

Every credit card has the good and bad in it. You must learn both in order to make a wise and good choice. Since we already talked about all of the pros that the SimplyCash®️ Preferred Card from American Express has, we are here to bring you the downside of it. Keep reading. 

• Monthly fee amounts to $119.88 annually 
• High annual interest rates on purchases and funds advances. 
• Cash back cap on groceries 

How is credit analysis carried out in the SimplyCash®️ Preferred Card from American Express 

The credit analysis is a simple term used to describe the analysis made by banks and financial companies to see the score of a client or potential client. The credit score is the thing that will let you get any product, financially of course. 

Well, when you apply for the SimplyCash®️ Preferred Card from American Express, you have a form to fill. That form needs personal information, and to prove that personal information, it needs documents. Of course, those documents will help the company for more than that. 

It is with them that they can have access to your credit history. In that history, it has everything you do financially. What you earn, spend, bills, payments, debts, loans, credit cards, and everything you can think of. Of course, the company will analyze it. 

The more that the company analyzes it, the more your score will go up or down. If you have many payments on time, not many debts, if you repay everything correctly, then the score will be high. Otherwise, you will get a low credit score. 

Is there a maximum and minimum credit card limit? 

With the American Express cards, sometimes we get information about the maximum and minimum amount you can get. Well, not with the SimplyCash®️ Preferred Card from American Express. This credit card has no information about it. It means it depends on your credit score. 

Do you want to request? Learn how to get the SimplyCash®️ Preferred Card from American Express credit card right here 

Are you already interested in the SimplyCash®️ Preferred Card from American Express? Well, it is truly a good and interesting credit card. Most people do find it good, and so do we. That is why we are here today. After learning all of the benefits that this card has, let’s learn how you can apply for it. Click down below!