Amex EveryDay Preferred Credit Card from American Express Review
The Amex EveryDay Preferred Credit Card from American Express is a rewards credit card. It offers three points per dollar at U.S. supermarkets on up to $6,000 in annual purchases (one point per dollar after that), two points per dollar at U.S. gas stations and one point per dollar on all other purchases. When you make 30 or more purchases with your card in a billing period, you will earn 50% extra points (minus returns and credits). When you spend $1,000 in purchases within the first three months, you will earn 15,000 in bonus points.
For the first 12 months, there is a 0% introductory APR on purchases, then the APR is 12.99% to 22.99%, based on your creditworthiness. The card offers benefits including car rental loss and damage insurance, a Global Assist hotline and return protection.
Pros
Rewards: With the Amex EveryDay Preferred Credit Card, you will earn three points per dollar at U.S. supermarkets on up to $6,000 in annual purchases (then 1 point per dollar). Purchases at U.S. gas stations earn two points per dollar and all other purchases earn one point per dollar.
Welcome offer: You’ll earn 15,000 bonus points when you spend $1,000 in purchases within the first three months.
Introductory APR: For the first 12 months, the Amex EveryDay Preferred Credit Card offers a 0% introductory APR for purchases, then 12.99% to 22.99%, based on your creditworthiness.
Cons
Annual fee: The Amex EveryDay Preferred Credit Card requires an annual fee of $95.
Potentially high APR: After the introductory period expires, the standard APR is a variable 12.99% to 22.99%, based on your creditworthiness.
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