Best American Express Credit Cards in Canada

Best American Express Credit Cards

You may not know the fact that American Express started as an express mail company out of Buffalo, NY in the 1850s. From there, two of the founders, Henry Wells and William Fargo, went on to form Wells Fargo and Co.. In 1882, Amex expanded its services with the launch of a money order business in competition with the United States Post Office. A few years later, they issued the first Amex traveller’s cheques to simplify money exchange overseas. It wasn’t until 1958 that Amex issued its first credit card and became an active competitor in world finance. Amex was the first provider to introduce plastic credit cards in 1959.

Compare AMEX Cards in Canada

American Express is popular for its charge cards. They require the cardholder to pay the full balance by the due date much unlike its other counterparts. However Amex has always been associated with prestige, in spite of charging high interest rates and high annual fees, but this is offset by the excellent customer service and unparalleled rewards. Even though American Express is the smallest of the three major credit card companies in Canada with how many cards they offer or where they are accepted, that doesn’t stop them from having the same great perks and rewards you expect. Amex offers two different SimplyCash cards. Depending on which one you go with you can get up to 5% cash back on your purchases for the first six months, and then 1.25%-1.50% after that. Another card is the Amex Gold Rewards card and it is one of the most popular Amex cards for Canadians because it includes 25,000 reward points just for signing up for it! Plus, it offers double points on all eligible purchases. Finally, there is the esteemed Platinum card; the most prestigious card. The $699 annual fee comes with a whopping 50,000 reward points and gives you access to the first tier of the Amex Rewards Program. Our comparison tools on Offerhub.ca can help you find the right Amex credit card for your wallet.