American ExpressFX: 2.5%Cash Back
American Express
Amex SimplyCash Preferred
Cash Back
First Year Bonus
~$300
Welcome Bonus
10% back (first 3 mo)
Annual Fee
$10/mo
Spend Required
$2,000 (3 mo)
Apply via rebate portal
Updated Apr 10
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Data verified Apr 12, 2026
Earn rates
4%
gas & grocery
2%
everywhere else
Points value: 2–4% cash back rate
Transfer partners
Cash back — no transfer partners
Lounge access
No lounge access
Additional perks
- ✓Best cash back rate on gas & grocery from Amex
- ✓Monthly billing — cancel anytime with no fee lock-in
Insurance coverage
Travel Medical
Trip Cancellation
Trip Interruption
Baggage Delay
Lost Baggage
Rental Car
Purchase Protection
Extended Warranty
Card details
NetworkAmerican Express
Annual fee$10/mo
Foreign fee2.5%
Income req.None stated
ProgramCash Back
