American Express Discontinues SimplyCash 5% Card For New Signups
American Express has apparently discontinued signups for the SimplyCash card which earned 5% at office supply stores, among others.
A reader sent in a tip about this yesterday, and it now appears to have gone into effect. Earlier today we reported on a new 2% business card from American Express called the Blue Business Cash. That seems to be a replacement for the SimplyCash card.
Existing SimplyCash cardholders should continue to enjoy all benefits and earnings rates as before. It’s possible they have a plan to convert everyone away from those cards at some point down the road or they may keep existing cardholders indefinitely at the current benefit terms.
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I love my Simply Cash cards, have both the original and the Plus. Was my first business card when I started my business. Hope they don’t convert.
No surprise. SC Biz became a terrible card ever since Amex stopped giving 5% cb for gift cards at many office supply about a year ago. Blue Business Plus with 2x everywhere up to $50,000 is what I changed to.
I get 5% for every gift card I buy at Staples and Office Depot. I only use the original card for the 5% category so it’s easy to know.
I also still get the 5% at staples
I always get the 5% for gift cards at Staples too. That’s the only spend I ever put on the card.
+1… never had a problem with it. John 3:16
Same here; first I’ve heard from anyone that Amex didn’t give 5% cb for gift cards at any office supply store on this card.
I am also STILL getting all my GC purchase at Staples with 5% CB
I don’t know why you need to be spreading such FUD, but there was never a documented issue with SCP — only someone, apparently, being confused on when the cashback is actually issued, raising false alarm, and folks not taking such bogus reports at face value — AmEx always takes a long time on all of their cards.
Stop spreading BS man
**insert “why you always lyin” GIF here**
Damn. I was goong to apply for the SimplyCash this week after I cancelled one of my five amex credit cards.
I wish there had been notice that it was ending…I’d apply for it now, but it’s already gone from the application list with no notice.
Same here simplycash was the next card to get on my list. 🙁
Let’s hope there’s a zombie link out there somewhere.
5% in a static category simply isn’t sustainable on a no AF card. We’ve seen it time and time again.
Ink cash.
I love my Ink Cash!!
Would have applied for this if I knew if were being discontinued.
If a reader sent you this yesterday why didn’t you write about it?
A combination of the fact that I had little time yesterday and the fact that it wasn’t a direct source. Sorry about that!
Not going to matter if they plan to convert everyone or do a mass shutdown. AMEX has done a mass shutdown before.
Cuz he’s not on call like a real doctor? Hahaha 🙂
Would have applied for this if I knew if were being discontinued.
If a reader sent you this yesterday why didn’t you write about it?
Whew! I signed up a few weeks ago. I got lucky with the approval as it was my 2nd Amex credit card that day and 6th overall
Got my SC Plus card just last month. Glad I got in under the wire.
It seems that existing refer.amex links no longer work, and new links are no longer provided; I’m thinking whether it makes sense to keep the card now, or to cancel it.
I’m actually very surprised that I’ve only ever gotten a single referral out of it, from the DoC’s referral chain back about a year ago or so. I’ve posted the link everywhere, and you’d think the signups would be great for this card, given a huge signup bonus in a bonus category (e.g., even if they deny you the bonus, you still get 5% return — not bad). I’ve gotten both the 5% bonus on my MS, as well as the signup bonus itself.
I think a major reason for the lack of popularity was all the FUD that went around it last year about not crediting 5% points. I think DoC helped spread out this FUD, too, and never quite debunked it, either. Card had a 0% APR, plus was Biz, so, you could easily carry a balance without issues. It was a great card, sad to see it go.
I literally got approved for the simplycash on Monday (3 days ago) and haven’t even received the physical card yet (although I do have access in the AMEX app and Apple Pay). It included a pretty nice cash back SUB too! Looking forward to the benefits. Not surprised it was pulled form the line up.