All information about American Express Everyday® Card has been collected independently by The Smart Investor. American Express Everyday® Card is no longer available through The Smart Investor.
In this Review..
American Express EveryDay® Card is a rewards card that has an emphasis on supermarkets and other everyday purchases. It offers an average spending rewards and welcome bonus. Card holders of the American Express EveryDay should focus their spending on supermarkets because this is where the card offers the best rewards. Also the card has no annual fee.
With the Amex EveryDay® card you 2X at U.S. supermarkets (up to $6,000 each year), then 1x on all purchases (Terms apply). This is not the best rewards rate in the market, but considering the $0 annual fee – it can be a great option if you're looking for no annual fee card.
In terms of welcome bonus, you are eligible for 10,000 points after you spend $1,000 in purchases on your new card within the first 3 months. The Amex Everyday card offers 0% intro APR for 15 months on purchases from the date of account opening (then APR of 17.49% – 28.49% variable will apply).
American Express has recently stepped it up and has increased their footprint by adding 1.6 million places that now accept American Express.
Editorial Note: Terms apply to American Express benefits and offers. Enrollments may be required for select benefits. Visit americanexpress.com to learn more
Rewards Plan
Welcome Bonus
0% Intro
PROS
- Flexible Redemption
- No Annual Fee
CONS
- There are Better Purely Rewards Cards
- Foreign Transaction Fee
APR
17.49% - 28.49% variable
Annual Fee
$0
Balance Transfer Fee
N/A
Credit Requirements
Good – Excellent Credit
Card & Issuer Reputation
- 3.5/5 on
Benefits
Let’s take a look at the benefits of the Everyday card and see if it’s the right one for your wallet or not.
- Welcome Bonus
American Express Everyday Card has a welcome bonus that allows the cardholder to earn 10,000 points after you spend $1,000 in purchases on your new card within the first 3 months. Terms apply.
- Rewards Plan
American Express Everyday Card let you 2X at U.S. supermarkets (up to $6,000 each year), then 1x on all purchases
- No Annual Fee
With American Express Everyday Card you do not have a spending threshold to meet to offset an annual fee. You can start earning points immediately.
- 0% APR Introductory Rate on Purchases
If you are looking to save money on interest, the American Express Everyday Card offers a 0% introductory rate for 15 months on purchases After that, the APR is 17.49% – 28.49% variable
You can charge up the card and pay no interest for 15 months on purchases on your purchases. This is great if you have a big purchase in mind and want to pay over time.
There are cards that offer longer time frames, but American Express Everyday Card is one of the longer introductory rates in the market.
- Shoprunner Free Annual Membership
American Express Everyday Card offers free annual membership to Shoprunner, which is a $79 value. Shoprunner offers free two-day shipping on over 100 different retailers.
- Protection
American Express Everyday Card has zero liability on unauthorized transactions. It has chip-enabled security and alerts for suspected transactions. American Express Everyday Card will also extend manufacturers’ warranties up to two years longer. They also have travel and purchase protections.
For example, you can get auto rental collision damage waiver and emergency card replacement. You also have access to 24/7 emergency help though their global assist hotline. They also offer roadside assistance and lost luggage reimbursement.
Drawbacks
Let’s take a look at the drawbacks of the American Express Everyday Card and see if it’s the right one for your wallet or not.
- High APR
The APR for the American Express Everyday Card is a 17.49% – 28.49% variable variable rate, which is on average a littler higher for a card that requires borrowers with good to excellent credit histories. Cash advance is 25.24%. (see rates & fees)
- Foreign Transaction Fee
American Express Everyday Card has a 2.7% fee for each transaction in another country. If you are traveling outside of the US, you may want to leave this card at home.
- Not as Widely Accepted as Other Cards
American Express is not as widely accepted as competitors like Visa and Mastercard.
As a result, there may be some merchants who do not accept the American Express Everyday Card.
- Variations in Reward Points’ Worth
Depending on how you use your rewards from American Express Everyday Card, they can vary from $0.01 per point for travel to $0.005 for merchandise
Rewards Simulation: How Much You Can Earn?
The best way to see if the Everyday® Card is the right choice for your needs, is to calculate the amount of rewards and benefits you suppose to earn.
Keep in mind that this is a general breakdown of expenses, so make sure to adjust it to your own consumer preferences and spending habits.
| |
|---|---|
Spend Per Category | American Express Everyday® Card |
$15,000 – U.S Supermarkets | 21,000 points |
$5,000 – Restaurants
| 5,000 points |
$1,000 – Airline | 1,000 points |
$1,000 – Hotels | 1,000 points |
$4,000 – Gas | 4,000 points |
Total Points | 32,000 points |
Estimated Redemption Value | 0.6 – 1.6 cent |
Estimated Annual Value | $192 – $512 |
Editorial Note: Terms apply to American Express benefits and offers. Enrollments may be required for select benefits. Visit americanexpress.com to learn more
What Can I Do With My Points?
American Express strives to make it as simple as possible to redeem your card rewards. You can check your points balance at any time by logging into your account. You can also use the membership rewards website to learn about all of your available rewards.
In general, each point is worth up to $0.016, but this will vary depending on whether you choose merchandise, gift cards, entertainment options, or premium travel:
- Statement credit or direct deposit: There is no minimum for redeeming your rewards in this manner, and direct deposits are accepted by the majority of US checking and savings accounts.
- Amazon: When you link your card to your Amazon account, you can use your rewards to pay for all or part of eligible Amazon.com orders.
- Gift cards: Amex offers a wide range of gift card options, including those for dining, entertainment, and shopping.
- Travel benefits. You can use the American express membership platform to get low prices on travel products such as rental cars, hotel stays and flights.
After selecting your reward, you have two redemption options:
- Click on the reward: Once you've decided on a reward, click on it and follow the website's instructions to complete the redemption.
- Call: You can call American Express's toll-free number and an agent will walk you through the process.
Make the Best of Your Everyday Card
Here are some pointers to help you make the most of your Amex Everyday:
- Leverage Welcome Bonus: If you meet the introductory spend requirement, you'll receive a nice welcome bonus. As a result, make certain that you meet this spending requirement.
- Pay for your rental cars: You can use your credit card to reserve and pay for rental cars. This will provide additional insurance coverage against damage and theft. Other American Express cards are also excellent choices for rental car insurance cards.
- Visit American Express Experiences: If you enjoy attending concerts, sporting events, and shows, you should check out this platform for exclusive access to ticket presales.
How To Apply For American Express Everyday Card?
- 1.
Visit the American Express Everyday card homepage and click on “Apply Now.”
- 2.
Fill in your personal details on the next page and click “Next.”
- 3.
Now, fill in your street address, city, zip code, and choose your birth date, SSN, etc.
- 4.
The next step is your financial details – you’ll need to share some details about your income and more relevant info such as employment status and annual income.
- 5.
Next, read through the Terms and conditions and approve them.
There are other credit cards that do offer comparable cash back rewards – we’ve summarized the most popular cards which can use as an alternative to the American Express Everyday card:
Is the Amex Everyday Card Right for You?
American Express Everyday Card offers average rewards and bonuses for cardholders. The biggest advantage of the American Express EveryDay card is the introductory rate of 0% APR with no transfer fee. Those who are wanting to pay down their credit card debt can open up an American Express EveryDay card and transfer their balance without a fee and help them pay down that debt.
For consumers looking for a strong rewards card there are other cards out there that offer better points or cashback rewards – but you’ll probably have to pay an annual fee. This card is good for consumers who spend on supermarkets and spend over $100 a week there.
Compare The Alternatives
There are more cards with premium travel benefits worth mentioning as alternatives to the Amex platinum card:
|
|
| |
|---|---|---|---|
Wells Fargo Active Cash℠ Card | Chase Freedom Unlimited® | Bank of America® Customized Cash Rewards credit card | |
Annual Fee | $0
| $0
| $0
|
Rewards |
2%
2% cash rewards on purchases (unlimited)
|
1.5% – 5%
5% on travel purchased through Chase Ultimate Rewards, 3% on dining at restaurants, including takeout and eligible delivery services, 3% on drugstore purchases and 1.5% cash back on all purchases
|
1% – 5%
3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings, 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases. The 3% and 2% cash back available on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter (then 1%)
|
Welcome bonus |
$200
$200 cash rewards bonus when you spend $500 in purchases in the first 3 months
|
Up to $300
additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year)- worth up to $300 cash back
|
$200
$200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening
|
Foreign Transaction Fee | 3%
| 3%
| 3%
|
Purchase APR | 20.24% to 29.99% variable APR
| 20.24%–28.99% variable
| 18.24% – 28.24% Variable APR will apply. A 3% fee (min $0) applies to all balance transfers
|
FAQ
Yes, you will get this insurance if you refuse the car rental company’s insurance coverage and you pay for the entire cost of the rental with this card. Please review the terms and conditions before to make sure you're covered.
You can get the 2X points on U.S. supermarkets until you have annual purchases in this area of $6,000. The rewards rate then goes to 1x. Otherwise, there are no restrictions.
The rewards points that you are earning through the Amex Blue Cash Everyday Card do not expire once you keep your account open and meet a few basic conditions.
If you are looking for a good all-around card that has some solid rewards and no annual fee then the Amex Blue Cash Everyday Card could be the ideal fit for you.
You might not have met some requirements. You can ask the customer support team where your application failed and seek a remedy to this situation.
You spend enough on the likes of U.S. Supermarkets which means you will benefit from the Amex Blue Cash Preferred Card (or other cash back cards) more than the Everyday card.
It is not very hard to get the Amex Blue Cash Everyday Card. All you need to do is meet the very basic requirements and you will be good to go.
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