TORONTO – American Express Canada is enhancing its line of credit cards with the introduction of the American Express Gold Card with Cash Back. It’s making an aggressive re-entry into the Canadian cash back credit card market, with the only offer on the marketplace offering up to 2% cash back on all purchase categories.
The move comes with Canadians increasingly looking for alternatives to often restrictive travel rewards programs, and cumbersome point redemption processes. The American Express Gold Credit Card with Cash Back is designed for the high spend credit card user looking for the convenience and simplicity of cash back:
- On the first $2,500 charged to your card, you earn 0.5% cash back
- On the next $2,500 charged to your Card, you earn 1.0% cash back
- On annual purchases over $5,000 up to and including $100,000 charged to your Card, you earn 2.0% cash back
- For any amount over $100,000, you earn 1.0% cash back
- There is no limit to the amount you can earn annually
- $99 annual fee
- Free Supplementary Cards
- Buyer’s Assurance® Protection Plan and Purchase Protection® Plan
The Gold Credit Card with Cash Back allows users to earn cash back on everyday purchases charged to the card like your morning coffee, gas & groceries, movies & take-out and even big ticket items like vacations and new appliances and only requires a minimum income of $15K, making it an attractive alternative to other premium cash back cards in the Canadian market. While it doesn’t make the best cash back credit card rankings, it has something to offer, for a select few.
To learn more about the card visit American Express Gold Card with Cash Back.
About American Express Canada
American Express in Canada operates as Amex Bank of Canada and Amex Canada Inc. Both are wholly owned subsidiaries of the New York based American Express Travel Related Services Company, Inc., the largest operating unit of the American Express Company. Amex Bank of Canada is the issuer of American Express charge and credit cards, with outstanding products like the American Express® Gold Rewards Card, the Platinum Card ®, the American Express®AeroplanPlus® Gold Card. Amex Canada Inc. operates the Corporate Travel and Travellers Cheques divisions in Canada. American Express opened its first offices in Toronto and Hamilton in 1853 and now employs 3,700 Canadians coast-to-coast.
GreedyRates.ca is Canada’s premier online destination for people shopping for a credit card. It offers information for consumers to help formulate opinions on which credit card provides them the most rewards value, saves them the most interest and is the best fit for their individual lifestyle. GreedyRates.ca has valued all the top rewards programs and converted points into their dollar equivalent value to reveal the best payers and the true return cardholders will get. Cardholders just enter their estimated monthly spend, and GreedyRates.ca will tell them what they will earn, providing credit card shoppers with the personalized information they need to choose a credit card that best for them.