Another 10% cash back offer to pass along your way although this one isn’t on all spending like the majority of the big bank offers that are available right now. This offer is for the Simplii Financial Cash Back Visa card and it provides that 10% cash back welcome bonus on spend at restaurants and bars for the first months of having the card. The 10% is only awarded on the first $500 of spending or an extra $30 in cash back over what you’d normally earn on the card in that category. This is a no annual fee card however you do have to be a Simplii Financial client to apply for and have this card. As part of new approvals the card is also offering a 10.99% interest rate on purchases until February 2021.
Regular earn rates on this card are as follow:
- 4% cash back on eligible restaurant, bar and coffee shop purchases, up to $5,000 per year
- 1.5% cash back on eligible gas, groceries, drugstore purchases and pre-authorized payments, up to $15,000 per year
- 0.5% on all other credit card purchases with no limit on how much you can earn
The card also offers purchase protection and extended warranty insurance as its only benefits.