Amex EveryDay Preferred: More Rewards for More Purchases

By Mark Jackson. Last updated 28 July 2017. 0 comments

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The Amex EveryDay® Preferred Credit Card offers points in American Express's Membership Rewards Program, which are some of the most valuable points currencies available today. Let's dive into this card and see if it's worth a spot in our wallets.

Why We Like This Card

  • Welcome Offer: 15,000 bonus points
  • Opportunity to earn 50% extra points during each billing cycle

How This Card Works

The card offers 3x points at US supermarkets (up to $6,000 per year, then 1x), 2x points at US gas stations, and 1x points on other purchases. Additionally, if you use your card 30 or more times on purchases in a billing period, you'll get 50% more points on those purchases.  

See also: Best Cards for Grocery Shopping

Welcome offer: Earn 15,000 bonus points after spending $1,000 in purchases on the card within your first 3 months of card membership.

Use your points to get for travel through American Express's travel portal. You can use points for all or part of your flight, hotel booked and paid in advance, vacation or cruise booking. Or link your travel loyalty programs to the card and transfer points to get award seats from your favorite airline. (See also: Best Travel Reward Cards)

Terms apply.

Other Benefits

Extended warranty and purchase protection. This card also comes with a number of shopping benefits. Every time you buy an item that has a warranty of five years or less, you'll receive an extra year of warranty just by using this card to purchase. You'll also receive purchase and return protection. Your purchases are not only covered from theft and damage for 90 days, but if the merchant won't accept your return, American Express may refund the full purchase price of an eligible item. 

Travel benefits and services. You can rest easy when you travel with this card, as you'll be covered by car rental insurance, baggage insurance, and travel accident insurance. You'll also have access to a roadside assistance hotline and a Global Assist Hotline, which means that if you ever find yourself in any trouble on your travels, help will just be a phone call away.

Entertainment access. Cardholders will receive special discounts and access to presales for sporting events, concerts, and shows, as well as invites to cardmember-only events.

Costs

  • $95 Annual Fee
  • 13.99%-23.99% Variable APR (0% intro APR on purchases and balance transfers for 12 months)
  • 3% Balance Transfer Fee (minimum $5)
  • 2.7% Foreign Transaction Fee

See rates and fees.

Considerations

High annual fee. The annual fee of $95 is a bit steep, so you should do the math to figure out whether the bonus categories and extra 50% boost in points will be worth the expense. (See also: Best Cards with Annual Fees)

Foreign transaction fee. Because of the 2.7% foreign transaction fee, this card shouldn't be used for international transactions. (See also: Best Cards Without Foreign Transaction Fees)

Who This Card Is Best For

While other rewards cards only offer bonus points for specific categories of spending, this card offers a bonus on all your spending (if you meet the minimum requirement). The extra points for supermarkets and gas make it ideal for those with large expenditures in those areas, too. If you find that you're swiping your card at least 30 times per billing cycle, this card could get you more points than any other rewards card available.

Terms apply.

Info about the Amex Everyday Preferred card has been collected independently by Wise Bread. The issuer did not provide the details, nor is it responsible for their accuracy.

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