SimplyCash Card from American Express

The SimplyCash Card from American Express is a great entry-level Amex card. For a card with no annual fee, it earns rewards at quite a high rate, and also offers many standard benefits of the Amex lifestyle such as Amex Offers.

As a welcome bonus, this card offers 5% cash back on all purchases in the first three months (up to $2,000 in purchases). If you were to max this out, you'd get $100 cash back.

This card has no annual fee, along with no fee for adding additional users. It’s a good choice to keep around in the long run to support the longevity of your credit history and your relationship with American Express.

The American Express SimplyCash Card has a simple earning structure: you’ll earn 2% cash back on groceries and gas, and 1.25% cash back on all purchases. It's important to note that the 2% cash back categories are limited to a maximum of $15,000 spent per cardholder anniversary.

While other cards may have higher earning rates in a few niche categories, this card offers a very strong rate of return on two popular categories, and a good return on uncategorized purchases. If you prefer a slim wallet, frequently shop at stores that take Amex, and want to minimize annual fees, the SimplyCash Card can be suitable as an addition to your wallet.

The card also has a refer-a-friend program. You can earn $75 for every successful referral, up to $375 per calendar year.

Your cash back on the SimplyCash Card can be redeemed annually. It's always issued automatically on your September statement, as a credit to your account.

The SimplyCash Card by American Express comes with all of the standard perks of being an American Express cardholder, including Front of the Line event presale tickets, exclusive invites for American Express Experiences, and periodic Amex Offers for additional rebates and rewards on everyday spending.