Simon® American Express® Credit Card

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Last updated on February 24th, 2023

Advertiser Disclosure Editorial Disclosure

Simon® American Express® Credit Card

Simon® American Express® Credit Card
Excellent-Good uses a variation of FICO Score 8, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Credit Needed: Excellent/ Good
American Express Processing Network
None Annual Fee

Simon® American Express® Credit Card

  • 21.24% to 31.24% variable based on creditworthiness and the Prime Rate Regular Purchase APR

At a Glance

The Simon® American Express® Credit Card is a unique retail credit card that lets you maximize your rewards at the mall and anywhere else Amex is accepted. The card, from digital-first fintech Cardless, earns up to 5% cash back on eligible purchases – all for no annual fee.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • No annual fee
  • No foreign transaction fees
  • Earn 5% at participating merchants
  • Earn 3% with retailers at any Simon Mall, Mills, or Premium Outlet in the U.S.
  • Earn 1.5% on Simon gift cards and mobile wallet purchases
  • Earn 1% on all your other card purchases
  • Regular Purchase APR: 21.24% to 31.24% variable based on creditworthiness and the Prime Rate
  • You love to shop – either in-person or online – for a wide variety of products
  • You're brand-loyal to the type of stores you find in the mall
  • You prefer card rewards in the form of statement credits
  • You do't want to pay an annual fee

Simon® American Express® Credit Card Review

Malls have seemingly faded from the forefront of public life, with online shopping taking over much of our impulse and window-shopping duties. However, Cardless and Simon are looking to change this with the Simon® American Express® Credit Card.

The Simon® American Express® is a retail rewards credit card that provides exceptional savings at the mall. Simon Property Group, which co-brands the card with Cardless, is the largest owner of shopping malls in the United States, with over 230 locations as of 2023.

Welcome Bonus

New accounts with the Simon Amex Card enjoy a decent welcome offer. New accounts can earn a $150 statement credit after they meet minimum spending requirements. Those minimum requirements for the welcome bonus are spending at least $1,000 on purchases with your new Simon American Express Card in the first 90 days from account opening.

How to Earn Rewards

Earning rewards with the Simon Amex credit card is somewhat straightforward. Cardholders earn their best cash back rewards by shopping at Simon properties, with shopping at eligible merchants earning up to 5% cash back. Interestingly, this 5% category isn’t just on in-store purchases but also applies to online shopping with the following brands:

Aeropostale Brooks Brothers Eddie Bauer Forever 21
Reebok JCPenney Nautica Lucky Brand

Three other websites qualify for the 5% cash back as well, with those sites being:


Cardholders also earn 3% back on in-store purchases at other retailers found at Simon Mall. They also earn 1.5% back on mobile wallet purchases (Apple Pay, Google Pay, etc.), in-person gift card purchases at a Simon Center, and 1% back on all other purchases. These categories include clothing stores, department stores, luxury goods, furniture, and electronics.

Before you get too excited about those categories, remember that the 5% back and 3% back categories are capped at the first $10,000 in combined spending per calendar year.

How to Redeem Rewards

If the rewards earned with the Simon® American Express® are slightly confusing, redeeming those rewards is a breeze. Rewards earned with the card are redeemable as statement credits. Since credits are automatically added to the account, there is no worry about expired points or lackluster value.

Card Comparison

Here’s how the Simon American Express compares with another shopper-centric credit card, the U.S. Bank Shopper Cash Rewards™ Visa Signature® Card:

Simon Amex 1200x630 1
Simon®️ American Express®️
US Bank Shopper Cash Rewards™ Visa Signature® Card 1200x630 1
U.S. Bank Shopper Cash Rewards™
Earn up to 5% cash back at 11 brands Earn up to 6% cash back at 24 brands
3% back on retailers found at Simon Centers nationwide 3% back on your first $1,500 in eligible purchases on your choice of one everyday category
1.5% back on mobile wallets; 1% all other purchases 1.5% back on all other purchases
No annual fee No annual fee

Other Card Features

Cardless also charges no foreign transaction fees, meaning cardholders can earn up to 1.5% cash back internationally with no hidden fees. Other notable features of the Simon® American Express® Credit Card include no late fees, no annual fee, and Amex protections and benefits, including:

Extended Warranty Return Protection Car Rental Loss & Damage Insurance Amex Concierge
Purchase Protection Zero Fraud Liability Trip Delay Insurance Amex Offers

Should You Apply for the Simon® American Express® Credit Card?

Overall, the Simon® American Express® from Cardless is an interesting and versatile rewards card for those who still like to get out and shop. The card’s 5% back on 11 leading brands is a great feature – as is the 3% back when shopping in-store at your favorite Simon location. For anyone who prefers to shop in person, the card is something of a no-brainer – but for everyone else, the U.S. Bank Shopper Cash Rewards™ Visa Signature® Card might provide greater value every day.

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