- Intro bonus:15,000 Points
- Annual fee:$95
- Regular APR:12.99% to 22.99% Variable
- Recommended credit score:740-850 (Excellent)
3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x). 2x points at US gas stations. 1x points on other purchases.
- Bonus points in everyday spending categories
- Rewards boost each time you use your card 30 or more times within a billing period
- Earn American Express Membership Rewards points instead of cash back
- 0% APR on purchases for a limited time
- Rewards cap on spending at U.S. supermarkets
- Only frequent card users can qualify for rewards boost
- 0% APR offer does not apply to balance transfers
Additional Card Details
- Use your card 30 or more times within a billing period and you’ll earn 50% extra points on those purchases
- 0% APR on purchases for 12 months, followed by a variable APR of 12.99% to 22.99%
- Secondary auto rental coverage
- Global Assist hotline
- Return protection on eligible purchases
- Amex Send & Split lets you split bills and send money to others
- Amex Pay it Plan It lets you quickly pay off purchases under $100 or pay off larger purchases over time with a fixed plan fee and no interest
- Access to Amex Offers
Amex EveryDay Preferred Card Full Review
The Amex EveryDay Preferred Card is a general rewards credit card that earns points within the American Express Membership Rewards program.
The Amex EveryDay Preferred Card charges a $95 annual fee.
You can earn 15,000 Membership Rewards points after spending $1,000 on purchases within three months of account opening. Amex points values can fluctuate depending on how you redeem them, though you’ll often get the best value when you redeem for travel. This bonus may be worth at least $150, depending on how and when you redeem.
If you have a large upcoming purchase to make, you can benefit from this card’s 0% intro APR on purchases for the first 12 months. After the intro period, balances take on a variable rate of 12.99% to 22.99%.
You’ll earn 3x points on up to $6,000 in spending each year at U.S. supermarkets (then 1x points), 2x points on gas at U.S. gas stations and 1x points on other purchases. You can also get 2x points per dollar you spend booking eligible travel through AmexTravel.com.
In addition to these bonus categories, each time you use your card 30 or more times within a billing period, you’ll get 50% more rewards on those purchases.
How does that work? Imagine you sign up and spend $500 on groceries, $200 on gas and $1,000 on other spending within your first billing cycle. This would normally net you 2,900 points that billing period (1,500 points at U.S. supermarkets, 400 points at U.S. gas stations and 1,000 points on other purchases). But if you make those purchases across 30 different transactions throughout the month, you’ll get a 50% rewards boost, and earn 4,350 points instead.
The Amex EveryDay Preferred Card charges a $95 annual fee as well as a 2.7% foreign transaction fee when you use it for purchases abroad.
There’s no 0% intro offer for balance transfers, so this card isn’t a good option for paying down debt. But if you do transfer a balance, a 3% balance transfer fee (minimum $5) applies, as well as a 5% cash advance fee (minimum $10) if you take advantage of cash advance offers or use this card to get cash from an ATM. A late payment fee or returned payment fee up to $40 and 29.99% penalty APR can also apply.
Compared to other cards that earn Amex Membership Rewards, there aren’t a ton of added benefits. Benefits you’ll qualify for include secondary auto rental coverage, access to a Global Assist hotline and return protection on eligible purchases. You can also utilize Amex Send & Split and Amex Pay it Plan it.
Finally, you can boost rewards with Amex Offers. These (usually targeted) rewards offers let you earn more points on specific purchases, although activation is required.
Benefits of Amex EveryDay Preferred Card
There are a few reasons you might choose this card.
First is the opportunity to earn American Express Membership Rewards points. Most other Amex credit cards that offer Membership Rewards access charge high annual fees. With the Amex EveryDay Preferred Card, Amex users can earn bonus points at U.S. supermarkets and U.S. gas stations for a more reasonable $95 annual fee each year.
American Express Membership Rewards points can be redeemed for statement credits, gift cards, merchandise, or directly for travel through AmexTravel.com. Cardholders can also transfer their points to Amex transfer partners like Delta SkyMiles, Marriott Bonvoy, British Airways, and Emirates.
This card also benefits anyone who uses their credit card frequently. You’ll get 50% more points each billing period you use your card at least 30 times. While 30 purchases in a month sounds like a lot, keep in mind that a purchase as small as a pack of gum can count toward this total. If you use your card for groceries, gas and all your other regular spending and bills, it’s reasonable to believe you could reach this threshold.
Drawbacks of Amex EveryDay Preferred Card
This card’s $95 annual fee could be a drawback for some cardholders, but it is possible to earn American Express Membership Rewards points with no annual fee. The Amex EveryDay Credit Card earns 2x points at U.S. supermarkets (up to the same $6,000 limit), and has a similar 20% rewards boost when you use your card at least 20 times per billing cycle, for no annual fee.
Another downside of the Amex EveryDay Preferred Card is the fact rewards in its top 3x points bonus category (U.S. supermarkets) are capped at $6,000 in spending per year, after which you’ll earn 1x points. If you spend much more than $500 per month on groceries, a card with no cap on grocery rewards might be a better fit.
Finally, the 12-month 0% APR offer on this card extends only to new purchases and not balance transfers. If you have high interest debt to consolidate from other cards, you should look at the top balance transfer cards instead.
Use your card 30 or more times within a billing period and you’ll earn 50% extra points on those purchases. Since everything you buy with your card counts, including a coffee or a pack of gum, this threshold may be easier to reach than you think.
How to Use Amex EveryDay Preferred Card
Start maximizing your Amex EveryDay Preferred with at least $1,000 in spending within the first three months to qualify for the 15,000-point welcome bonus. You shouldn’t spend more than you can afford just to qualify for a bonus, but if this falls within your regular budget you can start out ahead with the extra bonus points.
To make the most of the Amex EveryDay Preferred Card over time, use it for all of your everyday purchases, so you can qualify for the 50% rewards boost after you make at least 30 transactions per billing cycle.
And if you plan to take advantage of the 12-month 0% APR offer for purchases, make sure you have a plan before you apply, and can afford to pay off your balance completely before the first year is up. After that point, remaining balances will accrue interest at this card’s high regular variable APR.
Amex EveryDay Preferred Card Compared to Other Cards
The Amex EveryDay® Preferred Credit Card from American Express
The Amex EveryDay® Credit Card
Blue Cash Preferred® Card from American Express
Is the Amex EveryDay Preferred Card Right for You?
If you use your card for 30 or more purchases each month, the Amex EveryDay Preferred Card can be a great option for maximizing the everyday purchases where you spend most. If your largest monthly expenses are at U.S. supermarkets and U.S. gas stations, you can get a lot of value from this card’s bonus categories — especially when combined with the 50% boost.
Plus, earning American Express Membership Rewards points makes the Amex EveryDay Preferred a more flexible option for rewards-seekers. You can also pair your Amex EveryDay Preferred Card with other Amex credit cards that earn bonus points in different categories, like travel, to make it an even better deal.
If you’re not interested in Membership Rewards and would rather earn straightforward cash back, the Blue Cash Preferred Card from American Express offers a similar rewards structure and the same $95 annual fee, without the added rewards program options. If you spend often on groceries and gas, this cash back card is a solid alternative from Amex.
Frequently Asked Questions (FAQ)
Does the Amex EveryDay Preferred Card charge an annual fee?
The Amex EveryDay Preferred Card requires a $95 annual fee each year.
What credit score do you need for the Amex EveryDay Preferred Card?
The Amex EveryDay Preferred Card is geared to individuals with very good or excellent credit.
Who is eligible to earn the sign up bonus on the Amex EveryDay Preferred Card?
According to the EveryDay Preferred card’s terms, “The welcome offer, intro APRs, and intro plan fees are not available to applicants who have or have had this card.” Amex will also consider the number of American Express Cards you have opened and closed as well as “other factors” when determining eligibility.
Does the Amex EveryDay Preferred Card charge foreign transaction fees?
The Amex EveryDay Preferred Card charges a 2.7% fee on purchases you make outside the United States.