Comments on: American Express SimplyCash Preferred Card Review https://www.moneywehave.com/american-express-simplycash-preferred-card-review/ Personal Finance and Budget Travel for Canadians Sun, 05 May 2024 13:24:04 +0000 hourly 1 https://wordpress.org/?v=7.0 By: LauraH https://www.moneywehave.com/american-express-simplycash-preferred-card-review/#comment-229119 Sun, 05 May 2024 13:24:04 +0000 https://www.moneywehave.com/?p=10242#comment-229119 In reply to Barry Choi.

Thanks again for your time, really appreciate it

]]> By: Barry Choi https://www.moneywehave.com/american-express-simplycash-preferred-card-review/#comment-229101 Sun, 05 May 2024 05:18:56 +0000 https://www.moneywehave.com/?p=10242#comment-229101 In reply to LauraH.

Hi Laura,

The Scotiabank Passport is a good all-in-one travel card because it gives you lounge access and no FX fees. However, the earning rate is not the best. The best card for daily expenses is the American Express Cobalt Card since it has the highest earning rate. https://www.moneywehave.com/american-express-cobalt-review/

]]> By: LauraH https://www.moneywehave.com/american-express-simplycash-preferred-card-review/#comment-229092 Sun, 05 May 2024 01:34:38 +0000 https://www.moneywehave.com/?p=10242#comment-229092 In reply to Barry Choi.

Thanks. I also have the Scotiabank passport visa and i was trying to figure out which card is better for everyday expenses. Guess you can’t compare apples to oranges

]]> By: Barry Choi https://www.moneywehave.com/american-express-simplycash-preferred-card-review/#comment-229091 Sun, 05 May 2024 00:06:32 +0000 https://www.moneywehave.com/?p=10242#comment-229091 In reply to LauraH.

Hi Laura,

This card is a cash back card and doesn’t earn you points. The cash back is paid out once a year.

With American Express cards that earn you Membership Rewards, you can redeem 1,000 points for a $10 statement credit. This can be done via the app or your online account.

Here’s some more info – https://www.moneywehave.com/american-express-membership-rewards/

]]> By: LauraH https://www.moneywehave.com/american-express-simplycash-preferred-card-review/#comment-229083 Sat, 04 May 2024 19:52:34 +0000 https://www.moneywehave.com/?p=10242#comment-229083 Hi Barry, I’ve come round to trying Amex and this is the card that will work for me. One question which I haven’t found an answer to anywhere…how do the points translate into credits? I see that the earn rates are high but how many actual points do I need to earn a credit of $100? Hope you can help me out, thanks

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