TORONTO, April 13, 2017 /CNW/ - American Express Canada is proud to announce that its newly refreshed SimplyCash™ Preferred Credit Card has been recognized by Rewards Canada as the Top Cash Back Credit Card in Canada for 2017. The Card was awarded for its new 2% cash back earn rate, rich welcome rate offer and a wide range of insurance related benefits.
"We are delighted that our SimplyCash Preferred Credit Card has topped the list in Rewards Canada's first ever Top Cash Back Credit Card rankings," said Aileen Kheraj, Vice President, Lending & Member Engagement, American Express Canada. "Our objective with the relaunch was to deliver best in class value, so we're excited to give our Cardmembers the ability to earn more cash back than ever before."
American Express continues to make significant investments to its lineup of products, and the refreshed SimplyCash Preferred Credit Card is a great example of this. Compared to over 20 cash back cards in the market, the SimplyCash Preferred Credit Card was awarded for its breadth of impressive offerings, most notably its new cash back rate of 2%. It continues to offer an introductory cash back rate of 5% for the first six months (now capped at $300), with an annual fee of $99 (current Cardmembers will continue to pay an annual fee of $79).
In addition, Cardmembers can take still advantage of the Card's additional benefits which include:
- Entertainment Access through American Express Invites
- Emergency Medical Insurance
- Travel Accident Insurance
- Car Rental Theft & Damage Insurance
- Award-winning service that is available 24/7
For more information on the Rewards Canada Top Cash Back Credit Cards rankings for 2017, please visit: http://www.rewardscanada.ca/topcashback2017/
About American Express Canada
American Express in Canada operates as Amex Bank of Canada and Amex Canada Inc. Both are wholly owned subsidiaries of the New York based American Express Travel Related Services Company, Inc., the largest operating unit of the American Express Company. Amex Bank of Canada is the issuer of American Express charge and credit cards, with outstanding products like The SimplyCash™ Card from American Express©, The American Express® Gold Rewards Card, and the American Express® AeroplanPlus® Gold Card. American Express opened its first offices in Toronto and Hamilton in 1853. For more information, visit AmericanExpress.ca or connect with us at Facebook.com/AmericanExpressCanada and YouTube.com/AmericanExpressCAD.
SOURCE American Express Canada
For further information: Rebecca Feigelsohn, North Strategic, [email protected], 647-300-6658