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New 5% Cash-Back Perk With The Simon American Express Credit Card

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James3
Contributor

New 5% Cash-Back Perk With The Simon American Express Credit Card


From the article:

Cardholders can now earn 5% cash back on all purchases made at any store within Simon centers along with 1% cash back on all other purchases. There’s a $10,000 annual limit on the 5% category, but that’s a lot of Auntie Anne’s pretzels.
...
Prior to this upgrade, the Simon® American Express® Credit Card* only offered 5% cash back on purchases at participating retailers.

 

I didn't previously know about this card, and it sounds like a good fit for me. 

 

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coldfusion
Community Leader
Mega Contributor

Re: New 5% Cash-Back Perk With The Simon American Express Credit Card

"There is one catch that comes with this card’s upgrade: In order to receive rewards during a statement cycle, cardholders must use their Simon® American Express® Credit Card* five times." 

 

You also have to shop "in-center" i.e. in-store to get the 5% back.

 

 

(5/2024)
FICO 8 (EX) 846 (TU) 850 (EQ) 850
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Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
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James3
Contributor

Re: New 5% Cash-Back Perk With The Simon American Express Credit Card

My thought was that if I go to a Simon mall at every 6 months that I probably make 5 transactions in one visit.  Before I moved to where I live now I was probably at the mall twice a month. I suppose this is a YMMV kind of card.

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