The Amex EveryDay® Credit Card from American Express

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Good for skilled rewards maximizers and balance transfer seekers.

This card offer is currently unavailable on Bankrate. To see more cards in this category, please visit our 0% apr category page.

Advertiser Disclosure: This post contains references to products from one or more of our advertising partners.

Editor’s note: Unfortunately this offer is no longer available. Check out our list of best American Express credit cards for alternative offers. 

The Amex EveryDay Credit Card is a quality balance transfer credit card with its lengthy 0% intro APR period and (best of all) no balance transfer fee. After you pay off your transfer, the Amex EveryDay is a card that can also occupy a permanent spot in your wallet with a solid rewards structure that rewards you at the supermarket.

Review

The card’s rewards program is fairly pedestrian upon first glance. You’ll earn 2 Membership Rewards points at U.S. supermarkets on up to $6,000 in annual spending. After that you’ll earn 1 point per dollar spent.

The card also should have some marginal value for frequent travelers. You can earn 2x points on eligible travel purchases at AmexTravel.com. Eligible purchases include prepaid hotel stays, vacation packages and cruises.

All other purchases earn 1 point per dollar spent.

These rewards, again, are just OK. But EveryDay offers a unique bonus for frequent users. In any billing period in which you make 20 or more purchases with your card, you’ll earn 20% more points on those purchases less returns and credits.

So if you earned 100 points in a month, and made at least 20 transactions, you’d receive an additional 20 points.

There’s a lot of work involved to make sure you get the bonus every month, and once you hit the $6,000 annual cap on U.S. supermarket spending, you’re better off using another card that earns you greater rewards in that category.

There’s one attribute though that makes this card a standout for some: it’s one of the only cards on the market that has both an introductory 0% APR offer — in this case on both purchases and balance transfers (for 15 months then a variable APR of 14.99% to 25.99% applies) and it doesn’t charge a balance transfer fee for transfers made within 60 days of opening the account.  If you were on the fence about this card, but you’re looking for a balance transfer card that has some staying power beyond paying off your debt, this may be the answer.

Who should get this card

If you’re an advanced user — the kind of maximizer who has several rewards cards and keeps spreadsheets to make sure you’re juicing the most benefit from each card — the Amex EveryDay could be worth a place in your wallet.

If that’s not you, go for something that offers a better and easier rewards plan.

Although this card comes with a decent welcome bonus of 10,000 Membership Rewards points if you make $1,000 in purchases in the first three months, the 20% points bonus is what makes this card interesting as a rewards card.

Advantages
  • Earn 10,000 Membership Rewards points after you make $1,000 worth of purchases within the first 3 months of opening the account.
  • Get 20% more points on your purchases if you use your card 20 or more times in a billing period.
  • Great for balance transfers with its intro 0% APR offer and no balance transfer fee. After that, the standard variable APR of 14.99% to 25.99% will apply.
  • Terms apply.
Disadvantages
  • There’s a $6,000 cap on the 2X U.S. supermarket rewards. After that it’s a flat 1 point per dollar spent.
  • There are other no-fee cards that offer increased rewards in other spending categories.
  • You have to keep careful track of the number of transactions you make in a given billing period to earn the 20% points bonus. Some retailers will count multiple purchases as a single transaction on your statement.
  • This card has a foreign transaction fee of 2.7%, so it's not a good fit for overseas spending.

Fees and APR

  • This card charges no annual fee.
  • There’s an introductory 15-month 0% offer on purchases and balance transfers. After that, the standard variable APR of 14.99% to 25.99%. will apply.
  • There is $0 balance transfer fee. Balance transfers must be requested within 60 days of opening the account.
  • See Rates & Fees.

Extras, perks and using points

Points can be redeemed on the American Express website as a statement credit, for purchases or gift cards from participating partners, for travel through AmexTravel.com or through a points transfer to a participating airline or hotel partner.

Membership Rewards points never expire, and there is no fee for redeeming points.

The card also includes American Express’ travel protections like roadside assistance, auto insurance and global emergency help.

How this card compares

Amex EveryDay® Preferred Credit Card from American Express
  • Get 3 Membership Rewards® points at US supermarkets on up to $6,000 per year in purchases (then 1x).
  • Get 2 Membership Rewards® points at US gas stations.
  • Get 1 Membership Rewards® point on other purchases.

This card offer is currently unavailable on Bankrate. To see more cards in this category, please visit our 0% apr category page.

Credit Needed

Excellent

Regular APR

0% introductory APR for the first 12 months. After that, your APR will be 14.74% to 24.74%, based on your creditworthiness and other factors as determined at the time of account opening. This APR will vary with the market based on the Prime Rate.

Annual Fee

$95 annual fee.

Balance Transfers Intro APR

0% introductory APR for the first 12 months on balance transfers requested within 60 days of account opening. After that, your APR for those transactions and any other balance transfer requests, if we accept them, will be 14.74% to 24.74% based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate.

The Amex EveryDay Preferred Credit Card is like souped-up version of the EveryDay. The Preferred card earns 3 points per $1 spent at U.S. supermarkets up to $6,000 in annual spending (then 1 point), 2x points at U.S. gas stations and 1 point on all other spending. You’ll earn a whopping 50% points bonus if you use the card 30 or more times on purchases in a billing period, making it easier to accumulate a pile of Membership Rewards points. There’s no annual fee for the first year, then $95.

Chase Freedom Unlimited®
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.99-25.74%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Unlimited 1.5% cash back on every purchase - it's automatic
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
Credit Needed

Excellent/Good

Regular APR

16.99% - 25.74% Variable

Annual Fee

$0

Purchase Intro APR

0% Intro APR on Purchases for 15 months

Balance Transfers Intro APR

0% Intro APR on Balance Transfers for 15 months

If you don’t want to deal with tracking categories and spending, the no-fee Chase Freedom Unlimited pays a flat 1.5% back on every purchase.  It really depends on your spending habits and tolerance for tracking how to maximize your credit card use to determine which card might be best for you.

EDITORIAL NOTE

Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines, or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.