AwardWallet receives compensation from advertising partners for links on the blog. Terms Apply to the offers listed on this page. Enrollment is required for select Amex benefits. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
Offers for the Amex EveryDay® Preferred Credit Card and Amex EveryDay® Credit Card are not available through this site. Some offers may have expired. Please see our card marketplace for available offers
Eligibility is limited for the Amex Offers discussed in this post. Enrollment is required in the Amex Offers section of your account before redeeming.
The Amex EveryDay® Preferred Credit Card is unique in that it incentivizes you the more you use it. For a modest $95 annual fee, you can earn significant Membership Rewards points — one of the most valuable flexible point currencies available. With frequently used bonus categories, this is a solid workhorse card for those who may prefer a simple reward-earning strategy.
If you're looking for a card that earns bonus points in common spending categories, that provides extra earnings for using it regularly, awards valuable points, and has a simple structure, this could be what you've hoped for. Here's all you need to know about the Amex EveryDay Preferred.
- 3X points at U.S. supermarkets on up to $6,000 per year (then 1X)
- 2X points at U.S. gas stations
- 1 point per dollar on all other purchases
- Use your card 30 or more times on purchases in a billing period and earn 50% extra points on those purchases less returns and credits.
Page Contents
- Amex EveryDay Preferred Pros
- Amex EveryDay Preferred Cons
- Amex EveryDay Preferred Welcome Offer
- Amex EveryDay Preferred Benefits
- Amex EveryDay Preferred Earning Rates
- Redeeming Points With the Amex EveryDay Preferred
- Application Restrictions and Strategy
- Cards That Compete With the Amex EveryDay Preferred
- Final Thoughts
Amex EveryDay Preferred Pros
- Great option for an all-purpose card.
- Earns valuable American Express Membership Rewards points.
- Points earned through valuable bonus categories can quickly outweigh the annual fee.
Amex EveryDay Preferred Cons
- Charges a $95 annual fee.
- Requires 30 transactions each billing period to qualify for a 50% bonus.
- $6,000 annual cap on grocery store bonus earnings may not be enough for some.
Amex EveryDay Preferred Welcome Offer
The Amex EveryDay Preferred comes with a modest welcome offer. While this isn't much of a surprise on a card levying just a $95 annual fee, many premium Amex cards will offer drastically higher welcome bonuses.
New card members can earn 15,000 bonus Membership Rewards points after you use your new Card to make $2,000 in purchases in your first 6 months. By using this card for everyday purchases, which is what this card incentivizes you to do, this spending threshold should be easy to reach. The everyday earning potential of this card is the real selling point, though — not the welcome offer.
The card also offers an introductory APR of 0% on purchases for 12 months and 0% on balance transfers for 12 months. Balance transfers must be submitted within 60 days of account opening to enjoy this introductory offer. There is a balance transfer fee, however: $5 or 3% of the amount of each transfer, whichever is greater. After the introductory period, you will have a Variable APR of 18.24% - 28.24%.
Amex EveryDay Preferred Benefits
The Amex EveryDay Preferred comes with modest benefits as well. These are fairly standard on most cards in the Amex portfolio. They are as follows:
- Access to Amex Offers: These targeted offers can provide bonus points or cash back when you enroll for an offer and then shop with the participating merchant. Available offers change regularly.
- Global Assist® Hotline: When you're more than 100 miles from home, have access to 24/7 emergency assistance and coordination services. While the coordination and assistance services are offered at no additional charge from American Express, the services charged by third-party providers typically are not free.
- Return protection: Receive up to $300 per occurrence (up to $1,000 per year) when you try to return an eligible item within 90 days from the date of purchase and the merchant won't take it back.
- American Express Experiences: Exclusive access to ticket presales and member-only events, such as Broadway shows, concert tours, family and sporting events, and more. For more information, visit americanexpress.com/entertainment.
- ShopRunner membership: Get a complimentary membership for free two-day shipping at over 100 different stores. You'll need to enroll in this benefit.
- Secondary car rental loss and damage insurance: Pay for your vehicle with this card and decline the rental agency's insurance to be covered for theft or damage to a rental vehicle. Note that this is secondary insurance, which means it kicks in after any other existing coverage you may have (such as your personal auto insurance policy).
These are nothing special to write home about and should not be a major factor in deciding whether to get this card or not.
Amex EveryDay Preferred Earning Rates
The Amex EveryDay Preferred has useful everyday bonus categories, earning as follows:
- 3X points at U.S. supermarkets on up to $6,000 per year (then 1X)
- 2X points at U.S. gas stations
- 1 point per dollar on all other purchases
- Use your card 30 or more times on purchases in a billing period and earn 50% extra points on those purchases less returns and credits.
Earn 50% extra points each month
The best feature of this card is that it rewards you for using it frequently. If you use your card 30 or more times on purchases in a billing period, you will earn 50% extra points on all purchases for that billing period, minus returns and credits. This puts your point earnings as follows, assuming you qualify for the 50% bonus:
- 4.5x Membership Rewards points at U.S. Supermarkets on up to $6,000 in purchases per year (then 1x)
- 3x Membership Rewards points at U.S. Gas Stations
- 1.5x Membership Rewards points on all other purchases
It is definitely in your best interest to hit this benchmark every billing period, as these are very good earning rates for a card with a mid-range annual fee. Spreading your purchases across multiple transactions could be a simple way to ensure you hit this valuable points boost each month.
Related: Do American Express Membership Rewards Points Expire?
Redeeming Points With the Amex EveryDay Preferred
American Express offers many options to redeem your points. Membership Rewards are one of our favorite and most valuable flexible rewards currencies, especially if you take advantage of Amex's hotel and airline partners. Transferring to partners is far and away the best option, with almost all other instances providing poor value. For context on what represents a good use of your points, AwardWallet users have averaged 1.96¢ per point on Amex point redemptions with transfer partners.
Transfer to partners
The ability to transfer points to partners can provide huge value. You can transfer to 18 airlines — such as Delta, British Airways, and Singapore Airlines — as well as three hotel partners, including Choice, Hilton, and Marriott Bonvoy. Plus, you can take advantage of multiple transfer bonuses with different partners offered throughout the year to boost your returns and target higher-end redemptions, like a round-trip business class ticket to Europe.
However, not all transfer partners offer good value. For example, transfers to Marriott Bonvoy can represent a poor use of your points and should be avoided unless necessary — such as topping off a balance for a redemption. Consult our points and miles valuation guide to help determine whether transfer partners work for you.
For each conversion of points into a U.S. airline frequent flyer program, a fee of $0.0006 per point (with a maximum fee of $99) will be charged to your card account.
Amex Travel
It's also possible to redeem your points within the Amex Travel portal. You can use your points for flights, hotels, rental cars, or cruises. However, this often does not offer the best value. Amex tends to undervalue its own points within the portal and will usually give you a value of less than one cent per point for your bookings. The only exception to this is for flights, where you'll receive 1¢ per point in value — or more if you're able to find one of Amex's “Insider Fares.”
Pay with points
If you have an Amazon account (or any other site where Pay With Points is enabled), you can opt to redeem your Amex points for any purchases that you make. Redeeming a single point will get you one cent in value. However, this is generally another bad use of your points. The only time this provides good value is when you can save on Amazon purchases by redeeming at least one point.
Other poor uses of points
There are other options to redeem your points, all of which typically offer less value than the redemption options mentioned above:
- Gift cards
- Statement credits (0.6¢ per point)
- Shopping portal (0.5¢ per point)
Related: How To Redeem American Express Membership Rewards Points
Application Restrictions and Strategy
There are no published rules for how often you can apply for an American Express card. However, American Express typically credit card approvals to two every 90 days.
Additionally, if you've held the Amex EveryDay Preferred in the past, whether you received a welcome offer or not, you won’t be eligible for the signup bonus offer on the Amex Everyday Preferred Card. The terms and conditions state:
“You may not be eligible to receive the welcome offer, intro APRs, and intro plan fees if you have or have had this Card or previous versions of this Card. You also may not be eligible to receive the welcome offer, intro APRs, and intro plan fees based on various factors, such as your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors. If you are not eligible for the welcome offer, intro APRs, and intro plan fees we will notify you prior to processing your application so you have the option to withdraw your application.”
Related: Understanding Rewards Credit Card Application Rules and Restrictions
Maximum number of cards
American Express limits the total number of cards held by a single person. This includes both small business and consumer cards. The limits are as follows:
- Each individual can hold up to five traditional credit cards.
- You can hold up to 10 cards with no preset spending limit.
Eligibility tool information
Worth noting is that you don't have to guess whether you're eligible for a given offer. Amex added an eligibility tool to help applicants determine whether they qualify for a new card welcome offer. This is where Amex may consider “other factors” in its approval decision. If Amex determines you are ineligible for a welcome offer, a warning will pop up during the application process to let you know. You can then decide whether you'd like to proceed.
Cards That Compete With the Amex EveryDay Preferred
- 5X miles per dollar on purchases through Capital One Entertainment (through 12/31/2025)
- 5X miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel
- 2X miles per dollar on all other purchases
(Terms apply)
- 4X Membership Rewards® Points at restaurants worldwide, plus takeout and delivery in the U.S. (on up to $50,000 per year in purchases, then 1X)
- 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1X)
- 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com
- 2X Membership Rewards® points on prepaid hotels and other eligible travel booked on amextravel.com
- 1X on other eligible purchases
- 2x points at US supermarkets, on up to $6,000 per year in purchases (then 1x)
- 1x points on other purchases
- Use your Card 20 or more times on purchases in a billing period and earn 20% more points on those purchases less returns and credits.
- If you have a lot of non-bonused spending, the Capital One Venture Rewards Credit Card offers unlimited 2X Capital One miles on everyday spending. This can be helpful if you frequently shop at places such as Amazon, Target, or Walmart that don't fit into bonus categories on other credit cards. The card also offers bonus miles in the travel portal and a credit for your Global Entry or TSA PreCheck application fee. Check out our Capital One Venture review for more details.
- If you spend significantly at grocery stores, consider the American Express® Gold Card. While the card carries a larger $325 annual fee (Rates & Fees), it earns 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 in purchases per calendar year, then 1X). You can still transfer your points to all the same transfer partners as well. Our Amex Gold review has additional information.
- If you want similar benefits without an annual fee, look into the Amex EveryDay® Credit Card. It has no annual fee and can earn 2X Membership Rewards points at U.S. supermarkets on up to $6,000 per year in purchases, then 1X, and you can get a 20% points bonus in each billing period where you make 20 transactions. While not identical, the card does provide similar earning rates without levying an annual fee. Learn more in our Amex EveryDay review.
Final Thoughts
While the spending cap in the grocery category may be low for some families, the overall return rate on the Amex EveryDay Preferred card makes it a valuable addition to any card portfolio. This card wants to be your workhorse and can provide a very simple points-earning strategy while offering outsized value in return. If you can consistently hit the 30 transaction threshold, this card definitely deserves a place in your wallet for everyday use. Whether you're seeking one card with a modest fee that you swipe often or a card to complement other products in your wallet, the Amex EveryDay Preferred provides a quality option in either situation.
- 3X points at U.S. supermarkets on up to $6,000 per year (then 1X)
- 2X points at U.S. gas stations
- 1 point per dollar on all other purchases
- Use your card 30 or more times on purchases in a billing period and earn 50% extra points on those purchases less returns and credits.
For rates and fees of the cards mentioned in this post, please visit the following links: American Express® Gold Card (Rates & Fees)
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
