CreditDonkey is a credit card comparison and financial education website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Updated October 7, 2016

Amex EveryDay Preferred Review: Is $95 Worth It?

Read more about The Amex EveryDay® Preferred Credit Card from American Express, a CreditDonkey advertiser
Editorial Note: This content is not provided by the card issuer. Opinions expressed here are author's alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer.
This article contains references to products from our partners. We receive compensation if you apply or shop through links in our content. You help support CreditDonkey by reading our website and using our links. (read more)

If you have excellent credit and use your credit card daily, the Amex EveryDay® Preferred Credit Card from American Express is worth considering. Read this review to see why it's worth the $95 annual fee.

Amex EveryDay Preferred
Apply Now

Overall Score

4.0

Rewards

5.0

Interest Rates

4.0

Fees

3.0

Benefits

4.0
5-point scale (the higher, the better)

Pros and Cons

  • 3x points on groceries (on up to $6k/year in purchases)
  • 2x points on gas
  • 50% more points if you make 30 or more purchases in a billing period
  • Intro APR
  • $95 annual fee
  • 2.7% foreign transaction fee

Bottom Line

Rewards credit card for folks with excellent credit

Use it smartly and often and you’ll get triple points on U.S. supermarket spending (on up to $6,000 per year in purchases), double points on U.S. gas station spending, and 1 point on all other eligible purchases.

And you get the opportunity to get 50% more bonus points just by making 30 or more purchases with the card in a billing period.

EveryDay Preferred vs EveryDay

American Express has two cards under the EveryDay category.

The major differences between the EveryDay Preferred and the regular EveryDay card lie in the annual fee, the reward structure, and the opportunity to earn bonus rewards.

The EveryDay Preferred comes with a $95 annual fee while the regular EveryDay has no annual fee, but the EveryDay Preferred’s rewards are potentially more generous. With EveryDay Preferred:

  • U.S. supermarket spending (on up to $6k/year in purchases) earns 3 points per dollar to the EveryDay’s 2, and U.S. gas station spending earns 2 points per dollar to the EveryDay’s 1.

  • If you make 30 or more purchases with the card in a single period, you get 50% more points, while the regular EveryDay offers the potential to get just 20% more if you make at least 20 purchases in that same time frame.

 

Amex EveryDay Preferred

Amex EveryDay

Annual Fee$95 annual fee$0 annual fee
See Rates & FeesSee Rates & Fees
Points DealIntroductory Bonus Reward Points: Earn 15,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.Introductory Bonus Reward Points: Earn 10,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.
Bonus Reward PointsBonus Reward Points: Use your Card 30 or more times on purchases in a billing period and earn 50% more points on those purchases less returns and credits. Terms and limitations apply.Bonus Reward Points: 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. Terms and limitations apply.
PointsPoint Rewards: 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 2x points at US gas stations; 1x points on other purchases. Terms and limitations apply.Point Rewards: 2x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 1x points on other purchases. Terms and limitations apply.
GasGas Rewards: 2x points at US gas stations. Terms and limitations apply 
GroceryGrocery Rewards: 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x). Terms and limitations applyGrocery Rewards: 2x points at US supermarkets, on up to $6,000 per year in purchases (then 1x). Terms and limitations apply.

10 Reasons to Apply for the Preferred

Here are some of the main reasons to consider applying for the EveryDay Preferred card:

  1. Earn more points at supermarket: Spending at U.S. supermarkets offers triple points, or three points for each dollar spent (on up to $6,000 per year in purchases). If you easily spend thousands of dollars a year on food, this will be a big source of points that you can use for more exciting things than groceries, like a fun trip.

    Keep in mind, how you interpret what that offer means may differ from the credit card company. American Express considers a supermarket as a store that offers a variety of food and household products, including produce, meat, and dairy as well as cleaners and pet food.

    Chances are if a store sells groceries in addition to clothes and electronics, it is not — in Amex’s view — a supermarket. So-called big-box stores (like Wal-Mart and Target), online superstores (like Amazon), and warehouses (like Costco) are NOT considered supermarkets. Your mom-and-pop corner grocery store or specialty shop that only sells cheese or meat are also NOT considered supermarkets. Retailers that qualify include Whole Foods, Meijer, Shoprite, Winn-Dixie, Stop and Shop, Vons, Pathmark, and online supermarket FreshDirect, among others.

  2. Earn more points at gas stations: Spending at U.S. gas stations earns 2 points per dollar spent — double the regular rewards rate of 1 point per dollar spent.

  3. Earn more points every month: Use your card 30 or more times on purchases in a billing period, and you’ll get 50% more points. Accumulate 1,000 points, and that 50% bonus will add an additional 500 points to your total.

  4. Earn 15,000 bonus points: Make $1,000 in purchases with your card within your first three months as a cardholder and you’ll earn 15,000 reward points — effectively worth $150 in rewards in our experience.

  5. Promotional Interest Rate: Both purchases and balance transfers have an introductory 0% APR for your first 12 months as a cardholder. Afterward, a variable APR, currently 13.49% to 23.49% based on your creditworthiness and other factors.

  6. Flexible Reward Redemption: You can redeem points for gift cards, statement credits, or even a day at an amusement park through AmEx’s Membership Reward program. Use your points to book flights or make hotel reservations through the rewards site, or make them go even further by transferring the points to over a dozen frequent travel programs associated with major carriers like Delta and JetBlue, or to hotel chains like Hilton and Starwood.

  7. Free Shipping at Select Top Online Retailers: Enroll in ShopRunner, choose this card as how you’ll pay, and you’ll get free two-day shipping and free return shipping on eligible purchases from the popular retailers that have partnered with ShopRunner (the waived membership fee for EveryDay Preferred cardholders is $79). Retailers include Toys R Us, Eastern Mountain Sports, and Neiman Marcus.

  8. Travel Protection: Frequent travelers will appreciate the complimentary travel perks offered by the EveryDay Preferred card, including:

    • Car rental loss and damage insurance: Use your card to pay for the entire eligible rental and you won’t have to bother with the rental company’s collision insurance. And eligible rentals will be covered if the vehicle is damaged or stolen.
    • Assistance Hotlines: You’ll have a number to call during unexpected emergencies, like a lost passport or sudden illness, when you travel overseas. And, back at home, you can use another hotline if you have car trouble and need third-party service to get you back on the road.
    • Insurance when you’re in transit: Purchase your entire fare with your EveryDay Preferred Card for a plane, train, ship, or bus trip, and you’re covered for up to $1,250 for carry-ons and $500 for checked luggage in case it gets lost, stolen, or damaged. And you can get further protection against accidental death and dismemberment while traveling too.

  9. Purchase Protection: Purchases made with your EveryDay Preferred credit card may be eligible for extended warranty protection that makes the manufacturer’s warranty on a product last an extra year. You could also have purchase protection against damage and theft for 90 days from the purchase date, and return protection of up to $300 per item and $1,000 per year if retailers won’t accept your return.

  10. Entertainment Access: EveryDay Preferred cardholders enjoy exclusive access to ticket presales for select events ranging from family entertainment to concert tours to certain Broadway shows.

Reasons to Consider Other Cards

  1. $95 Annual Fee: The AmEx EveryDay Preferred comes with an annual fee of $95. Instead, you may want to consider the Amex Everyday, which has no annual fee if you do not plan to use your credit card frequently.

    Tip: Not sure if this card is right for you? See our American Express credit cards promotion list to see the current offers. Find deals for cash back, travel, business cards, and more.

  2. You eat out more than you dine in: Before signing up with this card, consider whether you’d earn the maximum amount of points for supermarket shopping (you get triple points for up to $6,000 spent at the supermarket). That works out to about $115 in supermarket shopping per week — well under what the typical family is likely to spend on groceries — but it may not match your regular food budget. Another matter to consider: Will you always remember to use this card when you’re at the checkout line, versus whatever else is in your wallet?

  3. You travel overseas: This card does come with a foreign exchange fee that applies to every purchase you make while traveling outside the country. However, at 2.7%, that fee is lower than most other cards, which generally charge a 3% fee. (You can find some cards that don’t have a foreign transaction fee at all.)

How It Compares

© andrefariagomes (CC BY 2.0) via Flickr

We always recommend doing a comparison check before applying for any new credit card. If you’re leaning toward the EveryDay Preferred card, also consider whether any of these cards would make more sense for you:

If you spend a lot on groceries and gas:

 

Amex EveryDay Preferred

Blue Cash Preferred

 

Interest Rates and Fees

Introductory APR for Purchases0% introductory APR for 12 months0% introductory APR for 12 months
Introductory APR for Balance Transfers0% introductory APR for 12 months0% introductory APR for 12 months
Purchase APR13.49% to 23.49% Variable based on your creditworthiness and other factors13.49% to 23.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.49% to 23.49% Variable based on your creditworthiness and other factors13.49% to 23.49% Variable based on your creditworthiness and other factors
Annual Fee$95 annual fee$95 annual fee
See Rates & FeesSee Rates & Fees
 

Benefits and Features

Cash Back Deal Introductory Bonus Cash Back: Earn $150 back after you spend $1,000 in purchases on your new Card in your first 3 months.
Points DealIntroductory Bonus Reward Points: Earn 15,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months. 
Cash Back Cash Back Rewards: Everyday Cash Back: 6% at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 3% at U.S. gas stations; 1% other purchases. Terms and limitations apply.
Bonus Reward PointsBonus Reward Points: Use your Card 30 or more times on purchases in a billing period and earn 50% more points on those purchases less returns and credits. Terms and limitations apply. 
PointsPoint Rewards: 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 2x points at US gas stations; 1x points on other purchases. Terms and limitations apply. 
GasGas Rewards: 2x points at US gas stations. Terms and limitations applyGas Rewards: 3% cash back at U.S gas stations. Terms and limitations apply
GroceryGrocery Rewards: 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x). Terms and limitations applyGrocery Rewards: 6% cash back at U.S supermarkets on up to $6,000 per year in purchases (then 1%). Terms and limitations apply
Airline Transfer PartnersAirline Transfer Partners: Airline transfer partners include Delta, Hawaiian Airlines, Aeromexico, Air Canada, Air France, Emirates, Cathay Pacific (Asia Miles), Virgin Atlantic, Singapore Airlines, Etihad, Alitalia, All Nippon Airways and more. 

Blue Cash Preferred: If most of your spending goes toward groceries and gas, or if you’re not consistently a big spender — you tend to tighten the budget one month and splurge the next — you may want to go for the Blue Cash Preferred from American Express. It does not offer a 50% boost in bonus points if you make at least 30 purchases each month. Instead, the Blue Cash Preferred has 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases), 3% at U.S. gas stations and select U.S. department stores, and 1% on other purchases. And the Blue Cash Preferred has a $95 annual fee. It is still meant for people who will use it often enough to justify an annual fee, but you won’t have to feel guilty or annoyed if you don’t hit the 30-purchases-a-month threshold. To learn more, read this AMEX Everyday Preferred vs Blue Cash Preferred side-by-side comparison.

If you prefer to travel and eat out:

 

Amex EveryDay Preferred

Chase Sapphire Preferred

 

Interest Rates and Fees

Introductory APR for Purchases0% introductory APR for 12 monthsN/A
Introductory APR for Balance Transfers0% introductory APR for 12 monthsN/A
Purchase APR13.49% to 23.49% Variable based on your creditworthiness and other factors16.49% to 23.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.49% to 23.49% Variable based on your creditworthiness and other factors16.49% to 23.49% Variable based on your creditworthiness and other factors
Annual Fee$95 annual feeIntroductory Annual Fee of $0 the first year, then $95
See Rates & Fees 
 

Benefits and Features

Points DealIntroductory Bonus Reward Points: Earn 15,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.Introductory Bonus Reward Points: Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
Travel Travel Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide.
1:1 point transfer to leading airline and hotel loyalty programs
Airline Airline Rewards: 1:1 point transfer to leading airline and hotel loyalty programs
Bonus Reward PointsBonus Reward Points: Use your Card 30 or more times on purchases in a billing period and earn 50% more points on those purchases less returns and credits. Terms and limitations apply. 
Hotel Hotel Rewards: 1:1 point transfer to leading airline and hotel loyalty programs
PointsPoint Rewards: 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 2x points at US gas stations; 1x points on other purchases. Terms and limitations apply.Point Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
GasGas Rewards: 2x points at US gas stations. Terms and limitations apply 
GroceryGrocery Rewards: 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x). Terms and limitations apply 
Restaurant Dining Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Airline Transfer PartnersAirline Transfer Partners: Airline transfer partners include Delta, Hawaiian Airlines, Aeromexico, Air Canada, Air France, Emirates, Cathay Pacific (Asia Miles), Virgin Atlantic, Singapore Airlines, Etihad, Alitalia, All Nippon Airways and more.Airline Transfer Partners: Airline transfer partners include United Airlines, Southwest Airlines, British Airways, Air France, Korean Air, Singapore Airlines, and Virgin Atlantic.

Chase Sapphire Preferred: If you have excellent credit and would qualify for the EveryDay Preferred but are not sure whether you’d be able to keep up with the rewards program, the Chase Sapphire Preferred is worth a look. You can earn 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide.

You won’t get extra points for gas and grocery shopping with this card, but you will get extra points for travel and dining (2 points per dollar). And it likewise caters to savvy credit card users who will want to make the most of its signup offer. The Sapphire Preferred lets you earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®.

Also worth noting: it has a $0 foreign transaction fee.

Here's another option. If you like to travel and eat out, but still want to save money at supermarkets and gas stations, compare Amex EveryDay Preferred vs Premier Rewards Gold.

 

Amex EveryDay Preferred

Premier Rewards Gold Card

Annual Fee$95 annual feeIntroductory annual fee of $0 for the first year, then $195
See Rates & FeesSee Rates & Fees
Points DealIntroductory Bonus Reward Points: Earn 15,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.Introductory Bonus Reward Points: Receive 25,000 Membership Rewards® Points after you spend $2,000 on purchases on your new Card in your first 3 months of Card Membership.
Airline Airline Rewards: Earn 3X points for flights booked with airlines
Bonus Reward PointsBonus Reward Points: Use your Card 30 or more times on purchases in a billing period and earn 50% more points on those purchases less returns and credits. Terms and limitations apply. 
PointsPoint Rewards: 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 2x points at US gas stations; 1x points on other purchases. Terms and limitations apply.Point Rewards: 3X points for flights booked directly with airlines. 2X points at US restaurants, US gas stations, and US supermarkets. 1X points on other purchases. Terms and limitations apply.
Airline Status Airline Status: $100 Airline Fee Credit. Up to $100 a year in baggage fees and more at one airline.
GasGas Rewards: 2x points at US gas stations. Terms and limitations applyGas Rewards: Earn 2X points at US gas stations
GroceryGrocery Rewards: 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x). Terms and limitations applyGrocery Rewards: Earn 2X points at US supermarkets
Restaurant Dining Rewards: Earn 2X points at US restaurants

While the Premier Rewards Gold Card has a $195 annual fee ($0 intro annual fee for the first year), it offers 3x points for flights booked with airlines and 2x points at US restaurants, US supermarkets and US gas stations. The Premier Rewards Gold is a charge card, so you'll have to pay off your balance in full each month unlike the Amex EveryDay Preferred, which is a credit card.

Bottom Line

Even though it has a $95 annual fee, there’s a good chance that the rewards you’ll earn with the AmEx EveryDay Preferred might be worth well more than that (depending on your usage). Without any other spending, just reaching the $6,000 limit on supermarket purchases that are eligible to earn triple points will earn you about $180 worth of rewards. Add in the value of the introductory offers, as well as the value of some of the card’s other perks, and the EveryDay Preferred might end up being a good value depending on your usage behavior. Terms and limitations apply.

Next Step: View the issuer's official application, terms, and details

Leah Norris is a research analyst at CreditDonkey, a credit card comparison and financial education website. Write to Leah Norris at leah@creditdonkey.com. Our data-driven analysis has been recognized by major news outlets across the country and has helped consumers make savvy financial and lifestyle decisions. (read more)

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 reviewed, approved or otherwise endorsed by American Express. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: This content was first published on February 13, 2015. This content may have been updated on October 7, 2016. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check American Express website for updated information.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. This site may be compensated through the Advertiser's affiliate programs.

More Articles in Reviews


The Amex EveryDay Preferred Credit Card from American Express
Apply for The Amex EveryDay Preferred Credit Card from American Express
At American Express' Secure Site
  • Earn 15,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.
  • Use your Card 30 or more times on purchases in a billing period and earn 50% more points on those purchases less returns and credits. Terms and limitations apply.
  • 3x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 2x points at US gas stations; 1x points on other purchases. Terms and limitations apply.
  • You can use Membership Rewards® points for all or part of your flight, hotel booked and paid in advance, vacation or cruise booking.
  • 0% intro APR on purchases and balance transfers for 12 months, then a variable rate, currently 13.49% to 23.49%, based on your creditworthiness and other factors.
  • Terms Apply.
  • See Rates & Fees
  • Go to issuer's official application, terms, and details
Introductory Bonus Reward PointsBonus Reward PointsPoint RewardsGas RewardsGrocery Rewards$0 Fraud Liability
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 12 months
0% for 12 months
13.49% - 23.49% Variable
$95

Compare Amex EveryDay Preferred to:

Compare American Express EveryDay Preferred vs Blue Cash Preferred

Blue Cash Preferred® Card from American Express

Compare American Express EveryDay Preferred vs Starwood Preferred Guest

Starwood Preferred Guest® Credit Card from American Express

Compare American Express EveryDay Preferred vs Amex EveryDay

The Amex EveryDay® Credit Card from American Express


Leave a comment about Amex EveryDay Preferred Review: Is $95 Worth It?

Name (required)
Email (required; won't be published)
Website (optional)


Blue Cash Everyday Review

If you want a cash back credit card with the same rewards categories year-round and no annual fee, then consider the Blue Cash Everyday® Card from American Express. Read on for the pros and cons.

    Credit Card Deals

    Signing up for a card with a sign-up bonus or an introductory offer can be a great way to get a head start on earning rewards or to get a handle on your debt.

    Hot Deals: Latest Credit Card Offers

    Signing up for a new credit card is easy. Choosing the right one - the one that fits your spending habits - is the challenge. The experts at CreditDonkey are here to help you find the right choice, starting with the best deals from our partners.

    Credit Card Rewards

    So you've decided you want to earn rewards for your spending but aren’t sure how to pick the right card?
    Credit Card Promotions

    American Express Credit Card Offers

    American Express now offer promotions for new credit card applicants. But how do you pick which deal is right for you? Read this in-depth 2016 guide.

    Earn Airline Miles Without Flying

    Do you want to travel more? There is an airline miles trick that airlines do not want you to know.

    American Express Balance Transfer Offers

    Transferring your credit card debt to a new offer with a promotional rate can help you save money. But how do you decide which offer is right for you?

    23 Ways to Redeem AMEX Membership Rewards

    There are many ways to redeem American Express Membership Rewards points, so how do you decide? Read on for a list of transfer ideas to inspire you.

    American Express Membership Rewards: Value Review

    Earn and use American Express Membership Rewards wisely to get more mileage out of your card.

    5 Credit Cards with Annual Fees Under $100

    In my early 20s, the last thing I wanted to do was to pay an annual fee. For anything.

    Review: AMEX EveryDay vs Blue Cash Everyday

    Looking for a rewards credit card for everyday use? Read this comparison review of the Amex EveryDay and Blue Cash Everyday from American Express, a CreditDonkey advertiser, to see how the rewards stack up.
More Articles in Reviews

Learn more about Gas, Grocery and $0 Fraud Liability cards:

How to Save Money on Gas


Grocery

Infographics: Credit Card Dispute Process

Dispute Credit Card Charge










About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: The card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.