Written by Amy 1 years ago
The Amex EveryDay® Preferred Credit Card offers Membership Rewards® Points on grocery and amextravel.com spending and a 50% point bonus if you use the card more than 30 times in a billing cycle.
Review of the The Amex EveryDay® Preferred Credit Card from American Express
The Amex EveryDay® Preferred Credit Card from American Express earns 3X on groceries (up to $6,000), 2X on gas, and 1X on everything else. Plus, cardholders will earn 15,000 Membership Rewards® Points after spending $1,000 in the first 3 months. Whether or not the Preferred version is worth the $95 annual fee mostly depends on how often you use your card. With the Everyday card, you need to use the card 20 times a month to get a 20% points bonus. With the Preferred version, you need to use your card 30 times per billing cycle but will earn 50% extra points on those purchases which effectively boosts your rewards to 4.5X for groceries, 3X for gas, and 1.5X on everything else. If you make at least 30 purchases per billing cycle and spend at least $3,800 per year on groceries, the points boost will cover the cost of the annual fee.
The Bottom Line
This card is a good way to earn Membership Rewards® Points if you use your card at least 30 times and spend more than $3,800 per year on groceries.