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The Amex SimplyCash Preferred in Short
The Amex SimplyCash Preferred costs $9.99 a month. It pays 4% cash back on gas and groceries in Canada (groceries up to $1,200 cash back a year) and 2% on everything else.
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Questions
Does the Amex SimplyCash Preferred have an annual fee?
Yes. Fee: $9.99 a month.
Can I use the Amex SimplyCash Preferred at Costco?
Not in Costco warehouses. Costco in Canada only takes Mastercard (and debit), and this is an Amex.
How do I get extra cash back when I apply for the Amex SimplyCash Preferred?
Apply through Great Canadian Rebates. It pays you a cash rebate when you're approved, on top of the welcome offer from the bank.
