Amex EveryDay Preferred Credit Card Review

The American Express EveryDay® Credit Card is not among the finest credit cards that we provide in terms of the benefits they provide. Reviewing our selection of the best credit cards that provide rewards might help you locate more suitable options.

Full Review of Amex EveryDay Preferred Credit Card

Pros

• Generous reward percentages when the card is used for everyday transactions

• Savings on a large purchase

• One of the available options for redeeming points is to transfer them to a variety of airline and hotel reward programs.

Cons

• Charges an annual fee

• Relatively meager bonus

• Requires frequent use to maximize rewards

Pros Explained

• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.

Cons Explained

• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.

This Card is Best For

• Efforts made to maximize the number of points or miles earned across all categories of spending

  Rewards Strategist* Dines out regularly while traveling or in home city

  Frequent Diner* Primarily responsible for household grocery and other major purchases

  Head of Household* Incurs gasoline or other commuting expenses each month

  Driver/Commuter

Consumers who wish to utilize a single credit card for all of their spending and make a purchase every day or so are great candidates for the Amex EveryDay Preferred credit card.

If you put a significant amount of money into things like gas or food, giving this issue some thought is especially vital. According to the Bureau of Labor Statistics, the average amount that American households spent on groceries in 2019 was $4,643, while the amount that they spent on gasoline, other fuel, and motor oil was $2,094.

You have the potential to earn up to 28,500 points per year on those costs alone if you spend that money at U.S. supermarkets and gas stations (including the $2,094 on petrol by itself; other gas-station purchases do not get the higher 2 point/$ gas rate). This is predicated on the assumption that you use it enough to collect the 50% bonus each month. The value of your annual spend might be anything from a few hundred to several thousand dollars, depending on how you use or transfer those points.

Amex EveryDay Preferred Credit Card Bonus

You will get an additional 15,000 points if you have spent a total of $2,000 in the first six months. If redeemed via American Express, the points are valued up to $150; but, if transferred to one of the card issuer’s transfer partners, they might be worth far more.

Even while this isn’t a particularly generous perk in contrast to other credit cards that charge annual fees, it’s still a respectable return on $2,000 worth of purchases.

Rewards Earning Details

You will earn three points for every dollar spent at supermarkets in the United States, two points for every dollar spent at gas stations in the United States and on AmexTravel.com, and one point for every other qualifying purchase. If you use the card at least 30 times in a single billing cycle, you will earn an extra 50 bonus points on top of any points you already earned for purchases made during that cycle.

However, bear in mind that Amex has a relatively restricted definition of supermarkets and gas stations. Additionally, in order to qualify for the higher rate, you must make your purchases of gasoline at a gas station. You will not be able to earn this rate by charging things like food or groceries, automobile repairs, or motor oil to the card.

Rewards Redemption Details

You have a range of options for using your points, and the value of each redemption option is different. Alternatives include paying the $60 annual fee associated with the card, paying for the purchase with points (which can range from $50 to $70 in most cases), or purchasing gift cards from Amex (which cost $50) or a variety of airlines, restaurant chains, or stores (which can range from $70 to $100, depending on the company).

When it comes time to redeem your hard-earned points, you may want to think about transferring them to one of Amex’s many partners rather than selecting one of the sometimes pricey redemption options offered by Amex. If you do so, you could be able to obtain a greater value in exchange for your points.

Transferring Points

It is possible to transfer points earned with Amex Membership Rewards to a number of other airline and hotel reward schemes. To get the most out of partner programs, you need to do more than simply sign up for them; you also need to get familiar with their conditions and stay up to date on any changes, such as time-sensitive promotions or bonus opportunities. Because the pricing structures of frequent flyer and hotel loyalty programs are often subject to change, you may be able to maximize the value of your points by varying the ways in which you redeem them.

The majority of Amex’s partners trade “at par,” which means that you get one point from an airline or hotel for every Amex point. However, the most generous of Amex’s partners give 1.6 to 2.0 points per redeemed Amex point. Amex’s business partners are shown below, along with the percentages of funds that they transfer:

• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• Delta SkyMiles: 1:1
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• Etihad Guest: 1:1
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• Hilton Honors: 1:2
• Iberia Plus: 1:1
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• Marriott Bonvoy: 1:1
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.

How to Maximize Your Rewards

Be careful to keep track of how much you spend each month so that you can verify that you have completed the required 30 transactions to qualify for the incentive of fifty percent. In addition, there is neither a predetermined minimum purchase amount, nor is it required that an eligible purchase be made in one of the most profitable product categories. Therefore, if you’re becoming short on transactions as the month comes to a close, any purchase that takes American Express will assist you move closer to meeting your goal.

Shop for your groceries from supermarkets rather than other types of food retailers, such as warehouse clubs, since the latter’s purchases could not be eligible for more beneficial incentives. Since all purchases made at markets contribute toward the 4-points-per-dollar prizes, it is in your best interest to make non-food purchases in the supermarket as well.

If you have a vacation or hotel stay planned in the near future, check for itineraries that include Amex’s partners and compare the cost of the trip in points or miles to the amount paid in cash. To get a general idea of the proportional advantages, you may make an estimate. If you can collect more than a cent for each point or mile via the redemption, it is more valuable than the point rewards you would earn if you booked the trip directly through Amex.

Standard Benefits

• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• Rental car insurance
• Roadside assistance
• Purchase protection
• Return protection
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.

Cardholder Experience

In the J.D. Power 2019 Credit Card Customer Satisfaction study, American Express had some of the top ratings possible across all categories, which helped them earn the position of second place among all credit card issuers. Cardholders are granted free access to their FICO credit scores, which may be of use to you as you work to establish or keep up a favorable credit history.

You are free to contact the customer service personnel at any time with any inquiries that you may have. You are able to use the live chat feature of your online account provided that you are logged in to that account.

It is important to keep in mind that the acceptance of American Express cards isn’t quite as broad as that of Visa and Mastercard cards. Because of this, you should probably have a backup card with you, especially if you are going to be traveling internationally.

Security Features

Amex, in general, offers credit card protections that are comparable to those offered by other major financial institutions. If you lose or have your card stolen, you may use the American Express mobile app to lock and unlock it so you can continue to use it. This is a really useful function.

Fees Overview

• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• Overlimit Fee: None
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.
• If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.

In general, the card’s annual percentage rates (APRs) and fees are comparable to what is typical for the industry.

Our Verdict

Consumers who spend a lot of money on gas and groceries and are comfortable charging most or all of their purchases to this card in order to qualify for this card’s additional rewards rates may want to consider applying for the American Express EveryDay Preferred Credit Card. This card is a good option for consumers who spend a lot of money on these types of purchases. You need to keep an eye on the perks that Amex’s transfer partners may provide and be sure to take full use of them if you want to get the most out of the card’s rewards program.

If you want to get rewarded more immediately, a card that offers a significant cash back incentive would be the best choice. This card also has its advantages and disadvantages when used as a travel card. A enticing reward of two points for every dollar spent on travel expenses works to the company’s favor. On the other hand, you may earn a significant number of points with other cards by making purchases directly from airlines or third-party travel sites, but these kinds of transactions can only be done via Amex. In addition, considering that the card charges a 2.7% cost for foreign transactions, it is recommended that you bring a card that does not charge such a fee while traveling outside of the United States.

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