Amex EveryDay Preferred Card Review: Robust Rewards for All Users

See if American Express' EveryDay Preferred card works for you.

If you’re looking for a well-rounded credit card to serve as your primary card, American Express EveryDay Preferred offers an enticing Membership Rewards program, points for daily purchases and benefits across categories such as shopping, travel and entertainment.

Check out this Amex EveryDay Preferred review to see if this American Express credit card is right for you.

Amex EveryDay Preferred Card at a Glance
Key Features
  • 3 points for every dollar spent at supermarkets
  • 2 points for every dollar spent at gas stations
  • 1 point for every dollar spent on most other purchases
Introductory Offers
  • Earn 15,000 Membership Rewards points after spending $1,000 in the first three months
  • 0% intro APR on balance transfers and purchases for one year
Pros
  • 50 percent extra points when you make 30 or more purchases per billing cycle
  • Travel, shopping and entertainment benefits
  • Use Membership Rewards points on eligible purchases
Cons
  • $95 annual membership fee
  • High 2.7 percent foreign transaction fee
  • Penalty fee of up to $38 for late or returned payments
Rates are accurate as of Sept. 11, 2018.

In This Review:

American Express Review: Compare 9 Different Travel Rewards Cards

What You Need to Know About the Amex EveryDay Preferred Card

The Membership Rewards program allows customers to apply points toward card purchases in everyday categories such as dining, retail, entertainment and more. For example, 10,000 Membership Rewards points are worth up to $100 in gift cards, $100 in flight credit or $70 at Amazon.

Best for:

  • Families, couples and individuals who own a car and do frequent grocery shopping
  • People who travel often, shop online and buy tickets on Ticketmaster

Best Features of the Amex EveryDay Preferred Card

Beyond the 0% introductory APR for purchases and balance transfers in the first 12 months, American Express EveryDay Preferred charges no penalty fee if you exceed your credit limit. Shoppers also benefit from the extended warranty, purchase protection and free two-day shipping with ShopRunner.

For customers constantly on the go, the card offers roadside assistance, loss and damage insurance for car rentals, travel accident insurance and the ability to transfer points to select frequent traveler programs. And, members can rest assured with fraud protection.

Limitations of the Amex EveryDay Preferred Card

If you travel internationally for business or leisure, note that the American Express EveryDay Preferred card charges a hefty foreign transaction fee: 2.7 percent of each purchase. The penalty fees and APR for this credit card are also generally high all around. For late or returned payments, customers can expect to be hit with a penalty APR of 29.99 percent and up to $38 in fees.

Related: Best Credit Cards With No Foreign Transaction Fees

American Express EveryDay Preferred: Designed for Frequent Card Users

The annual membership fee of $95 might dent your savings if you don’t plan on using this card often. However, if you spend on a daily basis, the generous Membership Rewards program and introductory 15,000-point offer can help you quickly earn back the membership fee — and more — in rewards.

Click through to learn about the best cash-back credit cards.

More on Credit Card Advice

This content is not provided by the companies mentioned. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by American Express.

Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone and have not been endorsed by American Express.