It may be beneficial for you to use a credit card that offers travel rewards regularly if you enjoy saving money on your travel expenses. By using the Amex EveryDay® Preferred Credit Card, you will be able to earn valuable Amex Membership Rewards points. These points can then be redeemed for travel as needed.
You can use this Amex EveryDay Preferred review to determine if this card is right for you.
Amex Everyday Preferred Card Summary
- Card type: Travel
- Credit card issuer: American Express
- Annual fee: $95 (Some terms apply)
- Welcome bonus: Spend $2,000 in the first six months and earn 15,000 points
- Rewards rate: You can earn 3X points at U.S. supermarkets (up to $6,000 in purchases per year, then 1X), 2X points at U.S. gas stations and AmexTravels.com, and 1X on all other eligible purchases.
- Credit score recommendation: Excellent and Good
- Foreign transaction fee: 2.7%
Amex EveryDay Preferred Card: Who Should Apply?
If you are interested in travel rewards, the Amex EveryDay Preferred Card is a good choice. Although there is no strict rule that you have to redeem your points for travel, in most cases, redemptions for travel will provide you with the greatest value.
Using Amex EveryDay Preferred, you can earn 3X points at U.S. supermarkets (up to $6,000 per year, then 1X), 2X at U.S. gas stations and at AmexTravel.com, and 1X on all other eligible purchases. In light of the fact that most people frequently purchase groceries and gas, this card can be an excellent addition.
Benefits And Perks Of The Amex EveryDay Preferred Card
There are many benefits associated with the Amex EveryDay Preferred card that help offset the annual fee, including:
- There is a generous welcome bonus of 15,000 points for spending $2,000 in the first six months of opening your account. Membership Rewards points can be redeemed for cash back, gift cards, travel, and more.
- Get 3X points at supermarkets (up to $6,000 in purchases per year; after that, 1X points), 2X points at gas stations and AmexTravel.com, and 1X points on all other purchases. If you are looking for the best credit card for grocery shopping, then this is the one you should consider.
- The Membership Rewards program offers a variety of redemption options, including travel, statement credits, and shopping with Membership Rewards points. In addition, they can be transferred to a variety of airline and hotel loyalty programs, including JetBlue, Emirates, Delta Air Lines, Hilton Honors, and Marriott Bonvoy.
- When you book travel using your eligible Amex card on Amex Travel, you will earn 2X Membership Rewards points per dollar spent.
- You will earn 50% extra points if you use your eligible card 30 or more times during a billing period.
- You may obtain secondary car rental loss and damage insurance through your credit card if you pay in full for a rental car and decline the rental company’s collision damage waiver.
- Purchases made with your eligible American Express card may be returned to American Express (if the seller will not accept them back) for up to $300 per item and up to $1,000 per card account per calendar year.
- Get free two-day shipping on eligible items at more than 100 online stores by enrolling in ShopRunner.
Amex EveryDay Preferred Card Drawbacks
- A $95 annual fee makes the Amex EveryDay Preferred less attractive if you are unable to offset it. However, if you spend enough in the bonus categories, the fee shouldn’t be a problem.
- Despite its billing as a travel credit card, the Amex EveryDay Preferred does charge a foreign transaction fee. It is a good choice for earning travel rewards, but it is not a good choice for international purchases.
In order to receive high-end benefits, you should consider premium travel cards such as the Chase Sapphire Reserve or Platinum Card® from American Express. In exchange for higher annual fees, they provide Priority Pass lounge access (enrollment required) and travel insurance.
Using Membership Rewards Points To Earn And Redeem Rewards
First And Second Year Potential Earnings
The following is a breakdown of how your points could add up with Amex EveryDay Preferred. To calculate these values, a 1-cent point valuation was used to calculate.
You should keep in mind that this is only an estimation. The actual value will be determined by the amount of money spent and the categories in which it was spent.
Earnings for the first year: $581
Earnings for the second year: $431
How To Earn The Most
As part of the Amex EveryDay Preferred, you earn points for every purchase you make, up to a maximum of $6,000 in purchases per year, and after that, you earn points for every purchase you make. You can earn 3X points at U.S. supermarkets (up to $6,000 in purchases per year), 2X at U.S. gas stations and AmexTravel.com, and 1X on all other purchases.
For even more points, try to use your card at least 30 times per billing cycle to qualify for the 50% extra points offer on all purchases.
Getting The Most Out Of Your Redemptions
The best way to redeem your Amex Membership Rewards points is to redeem them for travel. If you redeem your points toward flights on Amex Travel, your points are valued at 1 cent each, so 15,000 points would be worth $150.
It is important to note that you may receive even greater value from points if you transfer them to airline and/or hotel partners.
Amex EveryDay Preferred’s Transfer Partners
Members of Amex EveryDay Preferred have the option of transferring their Membership Rewards points to over 20 airline and hotel loyalty programs.
The following airlines are Amex airline partners:
- Aeromexico
- Air Canada
- Alitalia
- Aer Lingus
- Air France
- All Nippon Airways
- Avianca LifeMiles
- British Airways
- Cathay Pacific Asia Miles
- Delta Air Lines
- El Al
- Emirates
- Etihad Airways
- Hawaiian Airlines
- Iberia Plus
- JetBlue Airways
- Singapore Airlines
- Qantas Airlines
- Virgin Atlantic Airways
Partners with Amex for hotel transfers:
- Choice Hotels
- Hilton Honors
- Marriott Bonvoy
Amex EveryDay Preferred FAQs
Is The Amex EveryDay Preferred Actually Worth It?
If you spend enough money on the bonus categories to earn rewards and offset the annual fee of $95, the Amex EveryDay Preferred card is worthwhile. If you do not wish to redeem points for travel, it may not be as worthwhile as it is if you use it on everyday purchases.
Is There A Minimum Credit Score Required For Amex EveryDay Preferred?
If you wish to qualify for the Amex EveryDay Preferred card, you will most likely need a good or excellent credit score. A good FICO score starts at 670, and an excellent score starts at 800; however, these are not official rules, and your approval is ultimately determined by American Express.
What’s The Best American Express card?
American Express credit cards are best suited to your needs and spending habits. If you prefer a card that earns a flat rate on all purchases, the American Express Cash Magnet® Card may be of interest. For a premium travel card, the Platinum Card from American Express is a good choice. For a combination of both, the Amex EveryDay Preferred could be suitable.
How Do The Amex EveryDay And EveryDay Preferred Cards Differ?
In comparison with the Amex EveryDay® Credit Card, which has a $0 annual fee, the Amex EveryDay Preferred Card has a $95 annual fee, but there are more bonus categories and a higher earning rate.
What Is The Difference Between Amex Blue Cash And Amex EveryDay?
If you are interested in earning cash back instead of Membership Rewards points, the Blue Cash Preferred® Card from American Express may be of greater interest to you. The Amex EveryDay and Amex EveryDay Preferred credit cards both offer redemption options on travel, cash back, gift cards, and other items in addition to cash back (in the form of statement credits).
Other Cards Worth Considering
For those who wish to earn travel rewards on everyday purchases, the Amex EveryDay Preferred is an excellent mid-tier credit card. If you do not wish to pay the annual fee, you might consider the Amex EveryDay Credit Card, which offers an excellent earning rate on everyday purchases with no annual fee.
Chase Sapphire Preferred is an excellent credit card offering premium perks and benefits. As a result of its many perks, it is easy to understand why it has become one of the most popular travel rewards credit cards. It offers airport lounge access, travel insurance, purchase protection, and access to Chase Ultimate Rewards transfer partners.
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