American Express® Aeroplan®* Card vs SimplyCash® Card from American Express: Which one is better?
American Express® Aeroplan®* Card
3.3
RECOMMENDED CREDIT SCORE*
SimplyCash® Card from American Express
3.5
RECOMMENDED CREDIT SCORE*
Rewards Breakdown
Annual Rewards
$506.17
Air Canada Aeroplan
Welcome Bonus
$630
Air Canada Aeroplan
Annual Fee
$120
First Year Value
$1,016.17
$386.17 in years after
Based on $2,000/mo average spending. Calculate your rewards.
Rewards Breakdown
Annual Rewards
$301.46
Welcome Bonus
$100
Annual Fee
$0
First Year Value
$401.46
$301.46 in years after
Based on $2,000/mo average spending. Calculate your rewards.
Insurance Included*
Travel Accident
$500K
Purchase Protection
90 days, $1000 per occurrence
Extended Warranty
1 year
Flight Delay
$500 (Aggregated with Baggage Delay)
Baggage Delay
$500 (Aggregated with Flight Delay)
Hotel Burglary Insurance
$500.svg)
Car Rental Damage & Theft
$85K, up to 48 days
Insurance Included*
Travel Accident
$500KPurchase Protection
90 days, $1000 per occurrenceExtended Warranty
1 year
Extra Benefits*
American Express Experiences
Free first checked bag
You and up to 8 companions every time you fly with Air Canada.svg)
Status lift
Reach Aeroplan Elite™ Status sooner by earning Status Qualifying Miles and Status Qualifying Segments with purchases made on your account
Free Extra Night at Hotels
Receive an extra night free for every 3 hotel nights redeemed with Aeroplan points
Extra points
Earn points twice at over 150 Aeroplan partner brands
Extra Benefits*
American Express Experiences
Interest Rates*
Purchase:
30% Annual1
Cash Advance:
30% Annual1
Interest Rates*
Purchase:
21.992
Cash Advance:
21.992
Annual Fee*
$120
Annual Fee*
$0
Income Required*
Min Personal Income:
N/A
Min Household Income:
N/A
Income Required*
Min Personal Income:
N/A
Min Household Income:
N/A
Welcome Bonus*
Earn 30,000 Aeroplan points after spending $3,000 on your Card within the first 3 months. Additional 20,000 Aeroplan points when you spend $1,000 in month 13.
Welcome Bonus*
Earn a $10 statement credit for each monthly billing period in which you spend $300 on your SimplyCash® Card from American Express during your first 10 months as a new Cardmember. This can total up to $100 in statement credits within the first 10 months. This offer is not available to current or former Cardmembers of this Card. Additional terms apply.
Rewards Rate*
- 2 points on Aircanada and AirCanada Vacations
- 1.5 points on Dining
- 1 Point on everything else
Rewards Rate*
- 2% cash back on gas and groceries (up to $15,000 in purchases combined)
- 1.25% cash back on all other purchases
Loyalty Program*
Loyalty Program*
N/A
Point Redemption Options*
Most Optimal
Transfer to Airline Partners
2.1¢ / pointTravel
0.825¢ / point
Gift Cards
0.74¢ / point
Point Redemption Options*
Not Applicable
Is this card worth it?
This card comes with the free checked bag benefit, which can save hundreds on a single trip for you and your family, more than making up for the annual fee of the card. In addition, the card helps you reach the next Aeroplan Status faster with spending on the card. However, if you don't have a specific use for these two benefits, there are many better cards in terms of benefits and rewards.
Is this card worth it?
The SimplyCash® Card from American Express stands out for its no annual fee and strong cash-back earning potential, offering up to $100 in statement credits within the first 10 months. What makes it even more appealing are the unique perks, such as early access to concert tickets and extra layers of security for online shopping. These extra benefits, along with the affordability, make it a strong contender for those looking for a reliable cash-back card with no annual fee. It's an excellent choice for everyday spending while still enjoying exclusive Amex advantages.
Pros
- Free checked bag benefit: Every checked bag might cost you $60 - $100 per person on a round trip. The amount you can save in a year if you travel a few times or travel with a few companions can easily be much higher than the annual fee of the card.If you are interested in a higher Aeroplan Status, the card helps you get there faster.
Pros
Cons
- The main reward category is only for Air Canada purchases. Unless you are a frequent Air Canada traveler, this reward category is not useful to most people.
- The only other rewards category offered is for food, and it doesn't offer that high of a reward rate either.
- In terms of insurance benefits, the types and coverage amounts provided are lower compared to other cards with a similar annual fee.
Cons
Other Comparisons
Other Comparisons
vs American Express Cobalt® Card
vs TD Aeroplan® Visa Infinite* Card
vs Scotiabank Gold American Express® Card
vs Scotiabank Passport® Visa Infinite* Card
vs Rogers Red World Elite® Mastercard®
vs American Express Gold Rewards Card®
vs American Express® Green Card
vs MBNA Rewards World Elite® Mastercard®
vs SimplyCash™ Preferred Card from American Express
vs Amazon.ca Rewards Mastercard®
vs Tangerine Money-Back Credit Card
vs Scotia Momentum® Visa* Card
vs American Express® Aeroplan®* Reserve Card
vs American Express Platinum Card®
Other Comparisons
Other Comparisons
vs American Express Cobalt® Card
vs Rogers Red Mastercard®
vs Scotiabank Gold American Express® Card
vs Scotiabank Passport® Visa Infinite* Card
vs Rogers Red World Elite® Mastercard®
vs American Express Gold Rewards Card®
vs Simplii Financial™ Cash Back Visa* Card
vs American Express® Green Card
vs MBNA Rewards World Elite® Mastercard®
vs SimplyCash™ Preferred Card from American Express
vs Amazon.ca Rewards Mastercard®
vs Tangerine Money-Back Credit Card
vs BMO CashBack® World Elite® Mastercard®
vs CIBC Costco Mastercard
vs Scotia Momentum® Visa* Card
vs American Express® Aeroplan®* Reserve Card
vs American Express Platinum Card®
Legal