Amex EveryDay Credit Card Review [2023]: How Limiting Are The Rewards Of This Card?

You can pay off a large amount of money without incurring credit card interest if you have a credit card with a 0% introductory APR on purchases and balance transfers. You can earn a lot of Membership Rewards points with the Amex EveryDay® Credit Card if you are looking for the best credit card for large purchases.

Even though this card has its benefits for those new to credit card rewards, it does not offer enough rewards to be able to compete with many other entry-level reward cards. Keep reading this Amex EveryDay Credit Card Review to find out if this card is right for you.

Is The Amex EveryDay Card Right For You?

A no-annual-fee rewards credit card is an excellent introduction to the world of travel rewards for beginners. Some credit cards offer better welcome bonuses and earning power, but a no-annual-fee rewards credit card is an excellent entry point into earning and spending points and miles. Additionally, Amex Membership Rewards is among the best travel rewards programs available.

For those interested in making a large purchase and paying it off slowly over the next 15 months after account opening, the Amex EveryDay offers a 0% introductory APR on purchases. After that, the APR ranges from 17.24% to 28.24% (variable). However, if that introductory APR period does not appear sufficient, there are credit cards that provide a longer introductory period.

Benefits And Perks Of The Amex EveryDay Card

• New card members earn 10,000 Membership Rewards points after spending $2,000 on their Amex EveryDay Card within the first six months of account opening.
• This credit card offers an introductory APR of 0% on new purchases and balance transfers for 15 months, followed by an APR of 17.24% to 28.24% (variable). If you transfer a balance within 60 days of opening your account, you will be eligible for the 0% introductory APR for 15 months.
• You will earn 20% more points on purchases made with your card if you use it 20 times or more during a billing period. This could be one of the best credit cards for groceries. 
• If you reserve and pay for a rental car with your Amex Everyday card, decline the rental company’s waiver and you’re covered against damage and theft. There are some restrictions on vehicles and locations, however, most car rentals are covered.
• The Amex EveryDay Card provides access to Global Assist, a hotline that provides 24/7 assistance for travel, legal, and medical needs when traveling more than 100 miles from home.

EveryDay Amex Card Drawbacks

• The Amex EveryDay Card offers shorter 0% introductory APR terms than other credit cards on the market.
• Although American Express is widely accepted around the world, the Amex EveryDay card isn’t the best choice for traveling because it charges 2.7% foreign transaction fees.
• You can earn 2X points at U.S. supermarkets (up to 6,000 points per year, after that 1X).

Redeeming Membership Rewards Points And Earning Them

Earnings Methods

The best way to earn Membership Rewards points fast with the Amex EveryDay is to spend $2,000 in the first six months to get the 10,000-point welcome bonus. Also, you get 2X points per dollar at U.S. supermarkets (first $6,000, then 1X), and 1X on all other purchases.

Because of its low earning potential, the Amex EveryDay Card isn’t really for everyday use. If you spend a lot on groceries and via Amex Travel, you’ll earn enough points to make it worthwhile to keep it in your wallet. If you use your card at least 20 times during a billing period, you’ll get 20% extra points.

Making The Most Of Your Redemptions

Among the most prestigious rewards programs in the world, the American Express Membership Rewards program offers card members a variety of ways to redeem points. These include:

• Amex rewards travel bookings
• Points can be transferred to travel partners
• Gift cards
• Buying at Amazon
• E-commerce
• Credits on statements

You will typically get the most value out of your Membership Rewards points when you redeem them through Amex transfer partners.

Additionally, this card offers a Pay with Points program, which allows you to redeem Membership Rewards points for eligible purchases. The minimum redemption allowed is 5,000 points.

AMEX Membership Rewards Transfer Partners

Members of the Amex EveryDay Card have the option of transferring their points to any of the 19 airline partners and three hotel partners. The majority of transfers can be made at a 1:1 rate, except AeroMexico Club Premier, El Al Matmid Frequent Flyer Club, JetBlue TrueBlue, and Hilton Honors.

American Express EveryDay FAQs

Amex Everyday Card: Is It Worth It?

If you are a travel rewards beginner or if you need to transfer an existing credit card balance without incurring fees, the Amex EveryDay Card is an excellent choice. The more experienced credit card aficionados would likely benefit from more exclusive rewards credit cards, even if they are subject to an annual fee.

When used in conjunction with your Venmo account, the Amex EveryDay Card is one of the best credit cards for Venmo.

Can I Get The Amex Everyday Card Easily?

Amex EveryDay Card applicants must have a good to excellent credit score. FICO defines a good credit score as 670 to 739.

Is It Possible To Carry A Balance On The Amex Everyday Card?

Carrying a balance over from month to month with the Amex EveryDay Card will result in interest charges. Eligibility and APR are determined based on creditworthiness, among other factors.

A 100,000 Amex Points Is Worth How Much?

The value of 100,000 Membership Rewards points depends on the redemption option you choose. If you shop online at Amazon or Walmart, 100,000 points are worth $700, $1,000 when you use American Express to book flights or upgrades, and only $600 when you use statement credits.

Do You Think Amex Everyday Is Better Than Blue Cash?

Amex EveryDay® Card and Blue Cash Everyday® Card from American Express offer similar benefits; however, there are some fundamental differences between the cards. The Blue Cash Everyday credit card offers a cashback reward program. The Blue Cash Everyday card offers a $200 statement credit to new cardholders who spend $2,000 within the first six months. Additionally, Blue Cash EveryDay offers expanded bonus categories that provide more rewards earning opportunities.

After The Amex EveryDay Credit Card Review: Consider These Other Cards

With a $95 annual fee, the Amex EveryDay® Preferred Credit Card may be a better option than the Amex EveryDay® Card if you are an Amex fan and would like to earn more rewards.

The Amex Everyday Preferred card makes it easy to earn points. You can earn 3X points at U.S. supermarkets (up to $6,000 in purchases per year, after that 1X), 2X points at U.S. gas stations and AmexTravel.com, and 1X on all other eligible purchases. Additionally, it gives 50% more points if used 30 or more times within a billing cycle.

The Citi Simplicity® Card offers an introductory rate of 0% for balance transfers for 21 months (then 18.24% – 28.99% (variable)). You can pay off your debt for a long period with the Citi Simplicity even though it does not earn rewards.