Amex EveryDay® Review: No Annual Fee with Sweet Membership Points

American Express Membership Rewards® points are some of the most versatile credit card points on the market, and the Amex EveryDay® Credit Card is an excellent introductory credit card to the Membership Rewards® program.

With a $0 annual fee, respectable introductory bonus, and substantial rewards potential on groceries, cardholders will enjoy other benefits, including bonus point earning potential ShopRunner membership and car rental insurance.

Let’s dive into the Amex EveryDay® Credit Card to see if it will make sense for you to add it to your wallet.

Amex EveryDay® Credit Card Pros and Cons

Pros:

• Great supermarket Rewards for a $0 annual fee card.
• 0% introductory APR for 15 months.
• 20% bonus when you swipe the card 20 times or more per month.

Cons:

• 2.7% foreign transaction fee.
• Rewards cap for Supermarket earnings.
• Most Mega chains are excluded from supermarket Rewards.

What Is the Amex EveryDay® Credit Card?

The Amex EveryDay® Credit Card is a $0 annual fee credit card offered by American Express as an introductory product to the Membership Rewards® program.

Many $0 annual fee credit cards generate cash back and require a higher fee card to access the most lucrative reward systems.

However, American Express offers the Amex EveryDay® Credit Card, which has full access to the Membership Rewards® program, and a host of other benefits.

Amex EveryDay® Credit Card Review

• Annual Fee: $0
• Regular APR: 0% for the first 15 months and then 12.99% to 23.99% variable.
• Foreign Transaction Fees: 2.7%
• Rewards: 2x Membership Rewards® points per dollar spent at supermarkets and American Express Travel and 1X Membership Rewards® points on all other purchases.
• Sign-Up Bonus: 10000 Membership Rewards® points after spending $1,000 in the first 3 months.

Amex EveryDay® Credit Card Rewards

Earning Rewards

Cardholders earn Membership Rewards® points on all purchases with the Amex EveryDay® Credit Card. Customers will get 2x Membership Rewards® points per dollar spent at grocery stores up to $6,000 in purchases, 2x Membership Rewards® points per dollar spent on Amex travel, and 1x Membership Rewards® points on all other purchases.

Customers can earn a 20% points bonus if they swipe their card 20 times or more per month which should not be difficult if you use the Amex EveryDay® Credit Card as one of your primary credit cards.

Redeeming Rewards

Amex Membership Rewards® points are one of the most flexible and lucrative rewards systems on the market. They can be redeemed in various ways.

You can use Membership Rewards® points to check out at online stores, cover charges as a statement credit, purchase American Express gift cards, and even book travel directly with Membership Rewards® points.

It’s important to make sure that you maximize your Membership Rewards® points because they can vary in value from half a penny up to 2 cents per point.

Amex EveryDay® Credit Card Features and Benefits

The Amex EveryDay® Credit Card offers a respectable lineup of features and benefits for a card with a $0 annual fee:

Decent Sign-Up Bonus

Customers who spend $1,000 or more in the first 3 months with this card will earn a 10000-membership reward Point bonus which can be worth up to $200 in travel depending on how you use them.

The sign-up bonus is a powerful incentive to apply for the Amex EveryDay® Credit Card because most other $0 annual fee credit cards do not offer both rewards and an introductory bonus.

Finally, since Membership Rewards®’ points are so versatile, the bonus can be used to purchase gifts, cover expenses, or offset the cost of an upcoming trip.

2x Points on Groceries

The Amex EveryDay® Credit Card generates 2x Membership Rewards® points per dollar on groceries up to $6,000; after that, it drops down to 1x Membership Rewards® points per dollar spent.

Additionally, you can combine points with other American Express Credit Cards into one account, allowing you to maximize rewards and benefits. Here are a few cards worth noting:

• Platinum Card® from American Express
• Delta SkyMiles® Gold American Express Card
• Hilton Honors American Express Credit Card
• American Express Cash Magnet® Credit Card
• Blue Cash Preferred® Card from American Express
• American Express® Gold Card

No Annual Fee

The Amex EveryDay® Credit Card does not charge an annual fee which is unique for rewards credit cards that provide access to the Membership Rewards® program.

Travel Benefits

• Global Assist Hotline: customers in need of assistance abroad have access to the global assist hotline, connecting them with emergency service providers or other travel agents.
• 2x Points on Amex Travel: customers who book travel directly through the American Express travel platform receive 2x Membership Rewards® points per dollar.
• Car Rental Loss & Damage Insurance: Car rentals booked with the Amex EveryDay® Credit Card receive complimentary secondary rental insurance coverage.

How Does the Amex EveryDay® Credit Card Compare?

The Amex EveryDay® Credit Card is unique because it is a travel reward credit card with a $0 annual fee.

In contrast, most direct competitors are cash back cards or travel rewards cards with higher fees. Let’s see how it compares with some of the most common alternatives:

#1. Amex EveryDay® Credit Card vs. Capital One Venture Rewards

The Capital One Venture Rewards card is a strict travel rewards card that does not charge a foreign transaction fee like the AmexEveryDay credit card.

The Capital One Venture rewards credit cardhas a $95 annual fee, and it has two potentially very lucrative introductory bonuses.

If customers spend $20,000 in purchases in the first 12 months, they will earn $100,000 miles, and they will earn 50000 miles if they spend $3,000 in the first 3 months.

Capital One Venture Rewards cardholders generate 2 miles per dollar spent regardless of the category, and points can be redeemed as statement credits for travel.

#2. Citi® Double Cash Card vs. Amex EveryDay® Credit Card

The Citi® Double Cash credit card is one of the most flexible and timeless cash back credit cards on the market because of its straightforward earnings structure and $0 annual fee.

Cardholders will earn 1% cash back when they swipe their card and another 1% when they pay their statement balance bringing the total up to 2% cash back on all purchases.

In comparison, the Amex EveryDay® Credit Card earns 2x Membership Rewards® points on Amex travel purchases and supermarket purchases and 1x Membership Rewards® points on all other purchases.

Customers who prefer straightforward learning without worrying about bonus categories may prefer the Citi® Double Cash card; however, it does not offer an introductory bonus as the Amex EveryDay® Credit Card does.

#3. Amex EveryDay® Credit Card vs. Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card is generally considered the gold standard for high-earning reward credit cards with a reasonable annual fee.

Chase Sapphire Preferred® earns 2x Ultimate Rewards points per dollar spent on all travel and dining and has an annual fee of $95.

The Chase Sapphire Preferred® Credit Card also comes with a hefty introductory bonus, sometimes reaching 100,000 Ultimate Rewards points depending on current promotions.

Chase Ultimate Rewards points and American Express Membership Rewards® points are two of the most valuable Credit card reward systems on the market.

They each have their own travel partners that cardholders can transfer points to at any time for discounted travel.

The Chase Sapphire Preferred® is a Visa card and does not charge any foreign transaction fees, making it a more flexible option if you are traveling abroad.

Amex EveryDay® Credit Card FAQs

Is Amex EveryDay® Card Good?

The Amex EveryDay® card is a solid option for customers who are interested in the American Express Membership Rewards® program but do not want to pay an annual fee that they may find on some of the higher-end American Express cards.

Customers who want to maximize their earning potential should focus on shopping at grocery stores and booking travel through American Express.

Is Amex EveryDay Card Easy to Get?

The Amex EveryDay® Credit Card is fairly accessible to Consumers with a good credit history if you want access to the American Express Membership Rewards® program.

What Credit Score Do You Need for American Express EveryDay® Credit Card?

Since the Amex EveryDay® card offers some premium reward structures with the Membership Rewards® program, applicants should have a good to an excellent credit score when applying for this credit card (680-850).

What’s the Difference Between Amex EveryDay® and Blue Cash EveryDay®?

The Blue Cash Everyday® from American Express is a credit card that earns 3% cash back on groceries, 2% cashback on us gas stations, 2% back at select department stores, and 1% cash back on all other purchases.

The primary difference between these two cards is that the Amex EveryDay® card generates Membership Rewards® points which are more valuable for travel, and the blue cash everyday card is a strict cash back credit card.

Bottom Line: Amex EveryDay® Credit Card Review

While other cards may offer Higher earning reward structures with an annual fee or more cash back in the same category, the Amex EveryDay® Credit Card is unique because it offers access to the American Express Membership Rewards® program and comes with a respectable introductory bonus and 15 months of 0% interest.

The Amex EveryDay® Credit Card is best suited for a consumer who spends consistently at grocery stores and wants an introduction to travel rewards without paying an annual fee.