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In this variation of Head-to-Head, let’s comparison 2 currency backmost recognition cards with nary yearly fees: the SimplyCash Card from American Express and the Rogers Mastercard.
Both of these no-fee currency backmost cards connection cardholders the accidental to gain currency backmost connected their mundane spending, with higher earning rates successful a fewer prime categories. In this article, we’ll comparison however the 2 cards stack up against each different successful cardinal areas, including the earning rates and the perks and benefits connected offer.
Card Basics
We’ll commencement by looking astatine immoderate of the astir important factors utilized to take a caller recognition card: invited bonuses, yearly fees, and earning rates.
Welcome Bonus
The Rogers Mastercard offers caller cardholders 10% currency backmost for the archetypal 3 months of paper rank connected up to $1,000 (all figures successful CAD) spent, for a full currency backmost worth of up to $100.
Comparatively, the SimplyCash Card from American Express provides a invited bonus of $10 currency backmost successful each of the archetypal 10 months successful which you walk $300 oregon more, allowing for a full instrumentality of up to $100 if you conscionable the walk requirement.
Verdict: Both cards are fundamentally offering an accidental for $100 successful return, but we’re giving this class to Rogers since their connection tin beryllium earned wrong 3 months and for a walk of lone $1,000 versus Amex’s request to walk astatine slightest $3,000 dispersed implicit 10 months.
Annual Fee
Neither of the cards complaint an yearly fee, truthful this one’s beauteous straightforward.
Verdict: This class is intelligibly a tie.
Earning Rates
Now, let’s instrumentality a look astatine the earning rates offered by each of these cash-back recognition cards to spot which 1 comes retired connected top.
The Rogers Mastercard offers the pursuing earning rates:
- 2% currency back connected each US dollar purchases
- 2% currency back if you’re an eligible Rogers, Shaw, oregon Fido customer
- 1% currency back if you’re not a Rogers, Shaw, oregon Fido customer
As we tin see, the Rogers Mastercard offers a higher earning complaint to cardholders who besides person astatine slightest 1 qualified work with Rogers, Shaw, oregon Fido.
As a further inducement for eligible customer, the Rogers Mastercard besides offers 1.5x the worth for your accumulated currency back if you redeem it against your Rogers, Shaw, oregon Fido bill.
For example, erstwhile you redeem $100 of your currency backmost for an eligible bill, you’ll really beryllium credited $150, giving an effectual earning complaint of 3%.
The SimplyCash Card from American Express offers a reasonably elemental earning complaint structure, arsenic follows:
- 2% currency back connected eligible state presumption purchases
- 2% currency back connected eligible market store purchases successful Canada (up to $300 currency backmost annually)
- 1.25% currency back connected each different purchases
Verdict: The victor present depends connected whether oregon not you’re a Rogers, Fido, oregon Shaw customer. If you are a customer, the Rogers Mastercard offers the accidental to person a currency backmost worth of 3% if you redeem currency backmost against eligible Rogers, Fido, oregon Shaw bills, and a basal earning complaint of 2% connected each eligible mundane purchases.
However, if you’re not a Rogers, Fido, oregon Shaw customer, the SimplyCash paper provides an incrementally amended basal earning rate, positive 2% backmost successful cardinal spending categories.
Ease of Redeeming
Next, let’s research however easy cardholders tin entree and redeem the currency backmost credits that they accumulate.
The currency backmost earned connected the SimplyCash Card tin lone beryllium redeemed annually and lone done 1 avenue. Regardless of however overmuch recognition you gain each year, the afloat magnitude is always issued automatically connected your September statement, arsenic a recognition to your account.
Comparatively, the Rogers Mastercard has overmuch much flexible rules astir however cardholders tin usage their accumulated currency backmost credits.
First, the paper allows currency backmost to beryllium redeemed arsenic soon arsenic the relationship has accumulated at slightest $10 successful value. The currency backmost tin past beryllium utilized to offset immoderate acquisition made successful the past 90 days.
Additionally, arsenic mentioned above, if you privation much bang for your buck, you tin usage the currency backmost to wage for a Rogers, Fido, oregon Shaw measure and person 50% much value.
That means you’ll get $1.50 for each currency backmost dollar applied towards your Rogers, Fido, oregon Shaw bill, efficaciously giving you a 3% currency backmost complaint connected each spending that’s redeemed successful this manner.
Verdict: This class goes to the Rogers Mastercard. Even if you don’t use the currency backmost credits to your eligible Rogers, Fido, oregon Shaw bill, the paper inactive allows you the enactment to redeem the accumulated worth much than erstwhile per year.
Perks and Benefits
In summation to earning currency back, some the Rogers Mastercard and the SimplyCash Card from American Express supply cardholders with a fistful of perks and benefits.
First, arsenic a Rogers Mastercard cardholder, you’ll person five escaped Roam Like Home days each year, worthy up to $75.
Roam Like Home lets Rogers’ subscribers usage their mobile plan’s call, text, and information allocations successful 185 destinations overseas for regular interest of $12 erstwhile travelling successful the US oregon $15 erstwhile travelling globally.
Second, cardholders of the Rogers Mastercard, besides person the accidental to purchase a caller telephone with a 0% involvement rate done the Equal Payment Plan.†
To instrumentality vantage of this perk, you’ll request to wage for a caller instrumentality that costs astatine slightest $250 utilizing your Rogers recognition paper astatine a Rogers, Shaw, oregon Fido store, and afterwards, you’ll beryllium capable to acceptable up financing for a 36- oregon 48-month term.†
Finally, betwixt November 1, 2023, and December 31, 2023, Rogers Mastercard cardholders tin get five escaped transit rides connected the TTC successful the Greater Toronto Area erstwhile they usage their paper to wage utilizing their mobile wallet.
This promotion is to observe the caller 5G web that present exists wrong Toronto’s subway system.
Now, looking astatine the different contender successful this head-to-head: the SimplyCash Card by American Express offers each of the modular perks of being an American Express cardholder.
This includes Front of the Line lawsuit presale tickets, which tin assistance you snag hard-to-get lawsuit tickets, and exclusive invites for American Express Experiences.
The paper besides provides periodic Amex Offers for further rebates and rewards connected mundane spending.
Additionally, the SimplyCash Card from American Express provides purchase extortion and extended warranty protection connected eligible purchases made connected the card, and, astir notably, it besides provides $100,000 successful Travel Accident Insurance sum erstwhile you complaint your afloat communal bearer fare to the card.
Verdict: This class is simply a spot of a toss-up. While the SimplyCash Card’s Amex Offers tin beryllium rather valuable, the perks connected the Rogers Mastercard whitethorn supply much contiguous and evident worth if you’re a Rogers customer.
Other Factors
Supplementary Cards
There is nary interest for adding further cardholders with either of our contenders.
Verdict: This one’s a tie.
Ease of Getting Approved
Both the Rogers Mastercard and the SimplyCash Card from American Express are precise casual to access, arsenic neither paper has a minimum income requirement.
Verdict: It’s a necktie present arsenic well.
Visual Appearance
In presumption of appearance, some cards contiguous reasonably elemental visuals.
The Rogers Mastercard uses a vertical layout with the company’s signature reddish and the Rogers logo.
Meanwhile, the SimplyCash Card from American Express has a accepted horizontal layout presenting a paper done up successful bluish with achromatic accents and the brand’s centurion logo.
Verdict: This class is decidedly idiosyncratic preference, but we’ll springiness it to the Rogers Mastercard for its agleam and cleanable look.
Conclusion
Both the Rogers Mastercard and the SimplyCash Card from American Express connection an easy-to-access, currency backmost recognition paper with nary yearly fee.
Determining which paper is close for you depends connected whether oregon not you’re a Rogers customer, and connected whether you spot worth successful the perks offered by American Express.
If you’re a Rogers customer, the Rogers Mastercard whitethorn beryllium the amended prime arsenic it offers upwards of 3% worth connected currency backmost erstwhile it’s redeemed against an eligible bill, and it offers escaped Roam Like Home days and 0% financing connected a caller phone.
However, if you’re not a Rogers customer, the SimplyCash Card from American Express whitethorn beryllium the amended prime arsenic it offers amended earning rates, and you’ll person entree to Amex Offers and different exclusive Amex cardholder benefits.
Regardless of which paper you choose, you’ll bask earning currency backmost connected your mundane purchases without the further disbursal of an yearly fee.
The station Head-to-Head: Rogers Mastercard vs. SimplyCash Card from American Express appeared archetypal connected Prince of Travel by T.J. Dunn.
English (US)