American Express Discontinues SimplyCash 5% Card For New Signups

View Comments (26)

• 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.

• 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.

• Got my SC Plus card just last month. Glad I got in under the wire.

• 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

• 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?

• 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?

  • Cuz he’s not on call like a real doctor? Hahaha :-)

  • Not going to matter if they plan to convert everyone or do a mass shutdown. AMEX has done a mass shutdown before.

  • A combination of the fact that I had little time yesterday and the fact that it wasn't a direct source. Sorry about that!

• 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!!

• 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.

  • Let's hope there's a zombie link out there somewhere.

  • Same here simplycash was the next card to get on my list. :(

• 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.

  • **insert "why you always lyin" GIF here**

  • Stop spreading BS man

  • 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.

  • I am also STILL getting all my GC purchase at Staples with 5% CB

  • 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.

    • 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 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

    • I also still get the 5% at staples

• 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.