Update 9/28/23: 5% Cash Back at Every Store At Simon Centers has been added, previously it was select stores. 1.5% rate has been reduced to 1%.
Reposting 1/15/23: Card is live now at this link. There’s a $10,000 max on the 5% and 3% combined categories. Also, gift cards are excluded from earning 3%. Updated the post below.
Original Post 10/18/22:
Cardless has partnered with Simon Property Group to launch the Simon American Express Credit Card from Cardless. It has the following benefits:
- Sign up bonus of $150 after $1,000 in spend within the first 90 days
- Card earns at the following rates:
- Up to 5% back at participating Simon destination retailers and on select online purchases
- Up to 3% back on all other eligible purchases at Simon Malls, Mills and Premium Outlets (excludes Simon gift cards)
- Max $10,000 in combined 5% and 3% categories each calendar year
- 1.5% back on all other eligible purchases, worldwide, in in-store purchases using Apple Pay or Google Wallet
- 1% back on everything else
- Card will run on the American Express payment network
Most people on this blog know of Simon due to the gift card deals. (I assume those purchases will only earn 3% back and even then that doesn’t seem sustainable. They exclude gift cards from the 3% category; it only earns 1.5%.)
Cardless is a fking scammer. They can close your account whenever they want.
Sounds like it would apply to Apple stores at the mall. 5% would beat apple’s own card’s 3% cashback on these purchases.
Doesn’t even bother to offer SUB anymore. Cardless = Becoming the card you don’t have.
“To qualify for any of the following rewards, you must make at least 5 (five) Transactions each billing cycle.” This requirement alone kills this card. Who bothers to do this shit.
Bilt Rewards cardholders
On Simon.com and the card app site it also notes a requirement that appears at first reading that you have to shop 5 times per statement period or more to actually get the rewards. https://www.cardless.com/cards/simon?utm_source=simon_website
“5% Cash Back at Every Store At Simon Centers has been added, previously it was select.” Note also that other spend is down to 1% from 1.5%.
Clarified although meaningless change
Does Auntie Anne’s count as a participating retailer for 5%? I spend $1K a month there on pretzels.
Can’t imagine that anyone would be interested in Cardless after they previously neutered their lineup. Slashing SUBs from $300 to $50 and reducing points-earning by as much as 85% was a dick move. Who’s to say they won’t do it again?
I, luckily, got the Pelicans brand Cardless card with the 4x back on gas and restaurant with the $300 SUB AND $100 referral bonus for P2. It definitely was too good to last. But I’m still grandfathered into the 4x gas and restaurants so it’s still in heavy rotation for me.
I have the ManU card and I see the current reward structure is so-so compared to their launch structure, but at least it now gives 3X on dining all the time vs mine which is 5X on ManU game days. I’ve had to ask for manual credits since they don’t always have the game dates correctly loaded.
But I will admit their US Based customer service is quite friendly and I was very impressed that they called me to confirm receipt of my arbitration opt-out election via postal mail and acknowledged that it was applied to my account.
Once a card-then never a card.
$10k max?!?! What a trash!!!