AMEX EVERYDAY PREFERRED CREDIT CARD REVIEW!

2 years ago
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The American Express Everyday Preferred Card has a unique way of earning rewards on everyday spend categories with its 50% boost feature. Learn if it’s the right card for you! Click “Show More” to see Ad Disclosure.

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NOTE: Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

WELCOME OFFER (March 2022)
Earn 15,000 Amex Membership Rewards Points after spending $2,000 on purchases in the first 6 months. Plus, receive a 0% APR for the first 12 months on purchases, then 12.99% - 22.99% variable. The approximate value of the points portion of the offer = $90-$270+ (on average).

ANNUAL FEE = $95

Rates & Fees: https://www.americanexpress.com/us/credit-cards/card-application/apply/member/terms/amex-everyday-preferred-credit-card/90001-11-0/#FeeTable

EARN AMEX MEMBERSHIP REWARDS POINTS
- 3X Groceries: At U.S. Supermarkets | Up to $6,000 spent per year
- 2X Gas: At U.S. Gas Stations
- 2X Travel: Via Amex Portal (AmexTravel.com) | Includes: airfare, prepaid hotels, prepaid car rentals, vacation packages, and cruises | Does Not Include: non-prepaid car rentals, non-prepaid hotels, ticketing service or other fees, or interest charges
- 1X Other Purchases

REDEEM AMEX MEMBERSHIP REWARDS POINTS
- Travel (Transfer Partners): 1.8¢ per point (avg.)
- Travel (Portal): 0.7¢ for hotels, car rentals, cruises, and vacation packages | 1.0¢ per point for flights
- Cash Back (Statement Credit): 0.6¢ per point

AMEX TRANSFER PARTNERS

Airlines
- Aer Lingus AerClub
- Aeromexico Club Premier
- Air Canada Aeroplan
- Air France KLM Flying Blue
- ANA Mileage Club
- Asia Miles
- Avianca LifeMiles
- British Airways Executive Club
- Delta SkyMiles
- Emirates Skywards
- Etihad Guest
- Hawaiian Airlines
- Iberia Plus
- JetBlue TrueBlue
- Qantas Frequent Flier
- Singapore Airlines KrisFlyer
- Virgin Atlantic Flying Club
Hotels
- Choice Privileges
- Hilton Honors
- Marriott Bonvoy

AMEX EVERYDAY PREFERRED CARD BENEFITS

- 50% Extra Points: Earn 50% more points (minus returns & credits) when you use your card 30+ times in a billing cycle.

- ShopRunner: Complimentary membership for free 2-day shipping & returns at 100+ merchants. Enrollment required.

- Amex Offers: Savings & rewards at select merchants.

AMEX EVERYDAY PREFERRED 50% EXTRA POINTS BONUS
Here’s how the rewards structure would look AFTER making 30+ transactions in a billing cycle to unlock the 50% boost:
- 4.5X Groceries at U.S. Supermarkets, up to $6K spent
- 3X Gas at U.S. Gas Stations
- 3X Travel via Amex portal
- 1.5X Other Purchases

INSURANCE & PROTECTIONS
- Car Rental Loss & Damage Insurance
- Purchase Protection
- Return Protection
- Extended Warranty
- Global Assist Hotline

Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company. Card Members are responsible for the costs charged by third-party service providers.

SHOULD YOU GET IT?

YES if you…
- Spend frequently at supermarkets & gas stations
- Will use the card 30+ times in a month
- Want a good card for ‘non-bonus’ spend (1.5X on all purchases w/ 50% extra feature)
- Want to earn travel rewards instead of cash back
- Want a simple card with strong rewards and without a lot of credits / benefits to manage

NO if you…
- Don’t spend often at supermarkets & gas stations (incl. if you buy groceries at superstores, departments stores, or wholesale clubs … which are not eligible)
- Cannot use the card 30+ times in a month
- Prefer cash back rewards over travel points
- Can’t justify the annual fee

FINAL NOTE: This card can also work well when used along with other Amex cards that earn Membership Rewards points (e.g. Amex Platinum Card, Amex Gold Card, Amex Green Card, and others) because you can combine points into 1 balance!

Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.

#americanexpress #amexeverydaypreferred #travelcreditcards

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