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American Express SimplyCash Preferred Card

American Express SimplyCash Preferred Card

4.1/5

American Express

Best for: Cash back on gas & groceries with no earning cap

Earn 4% cash back on gas and grocery, and a flat 2% on all other purchases.

Annual Fee

$119

APR

21.99%

Cash Back

2%

Welcome Bonus

up to $200

Reward Rates by Category

Groceries

4%

Dining

2%

Gas

4%

Welcome Bonus

Bonus 10% cash back on all purchases in first 3 months

Key Features

4% cash back on gas & grocery
2% cash back on everything else
No limit on cash back earned
Annual fee waived for supplementary cardholders