CA-REC-Credit-Card-Simplii-Financial-Cash-Back-Visa

Simplii Financial Cash Back Credit Card

✅ Benefits

Yes

🪙 Cashback

Up to 4%

🧾 Annual Fee

No fee

👍  Requirement

Minimal annual income of $15,000

⭐⭐⭐⭐4.25 / 5

(745 reviews)

What is the Simplii Financial Cash Back Credit Card?

The Simplii Financial Cash Back Credit Card offers a higher cash back percentage compared to other no annual fee cards. It is a great option for young adults or newcomers, especially if you like to go out to bars and restaurants quite often.

How does Simplii Financial's Cash Back Credit Card work?

Earn 4% cash back on restaurants, bars and coffee shops. Plus, 1.5% on gas, groceries, drugstores and pre-authorized payments. And you can, also, earn 0.5% on all other card purchases.

Your reward accumulates each month, and is awarded at the end of each 12 month period and applied as a credit on your account statement.

And all you need is to have a minimal annual income of $15,000 in order to apply.

Why could Simplii Financial's Cash Back Credit Card be the best choice for you?

  • $0 annual fee;
  • Free supplementary cards;
  • 20.99% purchase APR;
  • Earn 4% cash back at bars, coffee shops and restaurants up to $5,000 annually, after that 0.5% unlimited;
  • Earn 1.5% on eligible gas, groceries, and drugstore purchases, as well as pre-authorized payments up to $15,000 per year, after that 0.5% unlimited;
  • Earn 0.5% on all other purchases;
  • Cash back on global money transfers;
  • Mobile wallet payments;
  • Purchase protection and extended warranty coverage.

Expert Analysis

Fees

Benefits

Overall

positivo  Strengths

  • Annual Fee: No fee;
  • Approval: Easy to be approved;
  • Coverage: Internacional;
  • Low minimum income: $15,000;
  • Cashback: up to 4%.

negativo  Weaknesses

  • Mileage program: No miles program or extra points;
  • Cash back applied as year-end statement credit.

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