Amex EveryDay Credit Card Review 2023

The Amex Everyday Credit Card is like a basic rewards card. It’s not super fancy, but it has some good points.

What Makes it Special?

• You get extra rewards for using the card a lot.
• It’s the only $0-annual-fee American Express card that gives you points for travel.

Important Stuff to Know

• Type of Card: Rewards card.
• Cost: No annual fee.
• Rewards:
• Get 2 points for every $1 you spend at U.S. supermarkets (up to $6,000 a year, then 1 point per $1).
• 2 points for each $1 on eligible travel booked through amextravel.com.
• 1 point for each $1 on everything else.
• Get a 20% bonus on points when you use the card 20 times or more in a billing period.
• Welcome Offer: Get 10,000 Membership Rewards® Points when you spend $2,000 in the first 6 months.
• Foreign Transaction Fee: If you use the card in another country, there’s a fee of 2.7% of the purchase amount.

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Extra Benefits

• You can use the card right after you’re approved, even before you get it in the mail.
• You can pay for small purchases one at a time or make a plan to pay off bigger purchases over time.
• You can use the app to pay someone back or split a bill with friends.
• If you find a hotel at a lower price after booking it on amextravel.com, they’ll give you the difference.

Pros

• You get a bonus for signing up.
• You have 15 months with 0% interest on purchases.
• If you use the card a lot, you get 20% more points.

Cons

• There are other cards with better bonuses and rewards.
• If you spend a lot on groceries, there are cards that give you more cash back.
• For travel, there are cards that give you better rewards.

Comparing Other Cards

If you’re looking for better options, here are some other cards to consider:

Wells Fargo Active Cash Card

• You get 2% cash back on all your purchases, with no limit.
• You can earn a $200 cash rewards bonus after spending $500 in the first 3 months.
• It doesn’t have an annual fee.

Blue Cash Everyday Card from American Express

• You earn 3% cash back at U.S. supermarkets, gas stations, and online retail (up to $6,000 per year in each category).
• Other purchases give you 1% cash back.
• No annual fee.

Capital One SavorOne Cash Rewards Credit Card

• You get 8% cash back on entertainment purchases from Capital One and 3% on dining, streaming services, and grocery store purchases.
• Other purchases give you 1% cash back.
• No annual fee.

Chase Sapphire Preferred® Card

• You earn 5 points for every $1 spent on travel booked through Chase Ultimate Rewards®, 3 points per $1 on online grocery purchases, dining, and streaming services.
• Other travel purchases give you 2 points per $1, and all other purchases give you 1 point per $1.
• It has a $95 annual fee, but it comes with benefits like a $50 credit for hotel stays and a sign-up offer of 60,000 bonus points after spending $4,000 in the first 3 months.

Capital One Venture Rewards Credit Card

• You earn 2 miles for every dollar you spend.
• These miles can be used to get a statement credit for any travel expense.
• There’s a bonus of 75,000 miles when you spend $4,000 in the first 3 months.
• It has a $95 annual fee.

Citi Custom Cash℠ Card

• You earn 5% cash back on up to $500 spent in your highest spend category per billing cycle from a list of eligible options (including grocery stores and select travel).
• Other purchases give you 1% cash back.
• You can earn $200 cash back after spending $1,500 in the first 6 months.

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How to Decide If It’s Right for You

Deciding if the Amex Everyday Credit Card is a good fit for you depends on what you’re looking for:

• If you want a basic rewards card: This card can be useful if you’re looking for a straightforward way to earn points without paying an annual fee.
• If you use your card a lot: The 20% points bonus can be nice, but remember you need to use the card at least 20 times a month to get it.
• If you shop a lot at U.S. supermarkets: You’ll earn 2 points for every dollar you spend, up to $6,000 per year.
• If you travel and book through amextravel.com: You’ll get 2 points for each dollar spent on eligible travel bookings.
• If you’re just starting with credit cards: The $0 annual fee and the bonus offer can make this card a good starting point.
• If you want more rewards or cash back: You might want to explore other cards that offer higher rewards rates or better bonuses.
• If you’re interested in travel rewards: There are cards with better travel rewards and perks, even if they have an annual fee.

Remember, every person’s spending habits and preferences are different. Take your time to compare this card with others to make the best choice for you.

Conclusion

In the world of credit cards, the Amex EveryDay Credit Card is like a friendly neighbor – not too flashy but can be helpful. It offers some rewards, and it’s free to keep, which is nice. However, if you’re looking to level up your rewards game, it’s worth exploring other options that might suit your lifestyle better. Always read the terms and compare before making your decision. Happy card hunting!

Frequently Asked Question (FAQs)