American Express Discontinues SimplyCash 5% Card For New Signups

American Express has apparently discontinued signups for the SimplyCash card which earned 5% at office supply stores, among others.

A reader sent in a tip about this yesterday, and it now appears to have gone into effect. Earlier today we reported on a new 2% business card from American Express called the Blue Business Cash. That seems to be a replacement for the SimplyCash card.

Existing SimplyCash cardholders should continue to enjoy all benefits and earnings rates as before. It’s possible they have a plan to convert everyone away from those cards at some point down the road or they may keep existing cardholders indefinitely at the current benefit terms.