Simplii Financial Cash Back Visa Card is officially released. It is available only to Simplii clients who apply online.
This card is pretty good:
- No annual fee
- Earn 4% on eligible restaurant, bar, coffee shop, and takeout purchases, up to $5,000 per year
- Earn 1.5% on eligible gas, groceries, drugstore purchases and pre-authorized payments, up to $15,000 per year.
- Earn 0.5% on all other credit card purchases
- Purchase Security and Extended Protection Insurance
I should say that this is a fantastic card for restaurant spending, especially it is a Visa card. I will apply one now and use it for all restaurants that not accept AmEx. Honestly speaking, I guess the Capital One Costco MasterCard should be getting worried...
If you apply it now, for your first 4 months, you can enjoy 10% cash back at restaurants and bars up to $500 spend (~$30 welcome bonus).