Credit Cards » Credit Card Reviews » American Express Everyday Credit Card Review 2021
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American Express Everyday Credit Card Review 2021

American Express Everyday Card is a rewards card that has an emphasis on groceries spending. The American Express EveryDay offers an average spending rewards and sign-up bonus.

We may receive compensation from companies that appear on this page. This may impact how and where products appear on a page (including, for example, the order in which they appear). It doesn’t affect our unbiased editors’ opinions. our opinions are our own.

In this Review..

American Express Everyday Card is a rewards card that has an emphasis on groceries spending. It offers an average spending rewards and sign-up bonus. Card holders of the American Express EveryDay should focus their spending on groceries because this is where the card offers the best rewards. 

The Amex EveryDay® gives you 2X points on groceries at U.S. supermarkets, on up to $6,000 per year in purchase, in addition to 1X points on all other purchases. If you use your Card 20 or more times on purchases in a billing period, you can earn 20% more points on those purchases less returns and credits. Also, you can earn double Membership Rewards® points on every dollar of eligible travel purchases—such as prepaid (booked and paid in advance) hotel stays, vacation packages and cruises—when you use your card to book your trip through. The card has no annual fee.

It also has a unique feature in which there is no transfer fee for the first 60 days of opening the card and card holders can take advantage of the 0% APR introductory rate. American Express has recently stepped it up and has increased their footprint by adding 1.6 million places that now accept American Express.

American Express Everyday

On AMEX’s Secure Website

Rewards Plan

Up to 2X Points for every $1 you spend

Sign up Bonus

10,000 Membership Rewards® Points

0% Intro

15 months

PROS

CONS

APR

12.99% – 23.99%

Annual Fee

$0

Balance Transfer Fee

Unknown

Credit Requirements

Good – Excellent Credit

Card & Issuer Reputation

  • 3.5/5  on WalletHub customer reviews (+1100 reviews): WalletHub customer reviews allow customers to post positive, negative or neutral reviews about marketplace experiences.
  • 838/1000 on J.D Power: American Express ranks in the 1st place,  got 838 out of 1000 available points on J.D. Power credit card satisfaction survey. J.D Power offers the most comprehensive and independent study of customer satisfaction of card issuers . The study aims to help consumers and issuers to understand user opinions and ratings of the largest bands. It covers terms, benefits, services, communication, rewards and more.

J.D. Power U.S. Credit Card Satisfaction Study 2020

In order to avoid bias based on a small number of reviews, we present only ratings with at least 200 reviews.

Benefits

Let’s take a look at the benefits of the Everyday card and see if it’s the right one for your wallet or not.

American Express Everyday Card has a sign-up bonus that allows the cardholder to earn 10,000 Membership Rewards® Points after you spend $1,000 in qualifying purchases on the Card within your first 3 months .

American Express Everyday Card offers 1 point for every $1 spent. This Card shines with supermarket purchases – card holders earn 2 points for every dollar spent at a supermarket.  

Card holders can earn 20% bonus points if they make 20 or more purchases on their card in a month.

With American Express Everyday Card you do not have a spending threshold to meet to offset an annual fee. You can start earning points immediately.

If you are looking to save money on interest, the American Express Everyday Card offers a 0% introductory rate for 15 months on balance transfers.

If you have a credit card that you are trying to pay down, you can transfer the account and pay no interest on the transfer for 15 months.

You can also charge up the card and pay no interest for 15 months on your purchases. This is great if you have a big purchase in mind and want to pay over time.

There are cards that offer longer time frames, but American Express Everyday Card is one of the longer introductory rates in the market. 

One of the biggest benefits of the American Express Everyday Card is that there is no balance transfer fee for balances transferred in the first 60 days.

Most cards these days charge a balance transfer fee when the customer takes advantage of the 0% introductory rate.

Borrowers looking to pay down credit card debt can take advantage of this feature. 

American Express Everyday Card holders earn 2 points for every dollar spent booking travel through AmexTravel.

American Express Everyday Card offers free annual membership to Shoprunner, which is a $79 value. Shoprunner offers free two-day shipping on over 100 different retailers.

American Express Everyday Card has zero liability on unauthorized transactions. It has chip-enabled security and alerts for suspected transactions. American Express Everyday Card will also extend manufacturers’ warranties up to two years longer. They also have travel and purchase protections. 

For example, you can get auto rental collision damage waiver and emergency card replacement. You also have access to 24/7 emergency help though their global assist hotline. They also offer roadside assistance and lost luggage reimbursement.

Drawbacks

Let’s take a look at the drawbacks of the QuicksilverOne Cash credit card and see if it’s the right one for your wallet or not.

The APR for the American Express Everyday Card is a 12.99% – 23.99% variable rate, which is on average a littler higher for a card that requires borrowers with good to excellent credit histories. Cash advance is 25.24%. 

American Express Everyday Card has a 2.70% fee for each transaction in another country. If you are traveling outside of the US, you may want to leave this card at home.

American Express is not as widely accepted as competitors like Visa and Mastercard. 

As a result, there may be some merchants who do not accept the American Express Everyday Card.

Depending on how you use your rewards from American Express Everyday Card, they can vary from $0.01 per point for travel to $0.005 for merchandise

Application Process

Visit the American Express Everyday card homepage and click on “Apply Now.”

American Express Everyday Credit Card_Apply now

Fill in your personal details on the next page and click “Next.”

American Express Everyday Credit Card_Apply nowAmerican Express Everyday Credit Card_Apply now

Now, fill in your street address, city, zip code, and choose your birth date, SSN, etc.

American Express Everyday Credit Card_Apply nowAmerican Express Everyday Credit Card_Apply now

The next step is your financial details – you’ll need to share some details about your income and more relevant info such as employment status and annual income.

American Express Everyday Credit Card_Apply nowAmerican Express Everyday Credit Card_Apply now

Next, read through the Terms and conditions and approve them.

Alternatives

There are other credit cards that do offer comparable cash back rewards – we’ve summarized the most popular cards which can use as an alternative to the American Express Everyday card:

American Express Blue Cash Preferred is a cashback card that offers rewards on similar purchase categories. The Blue Cash Preferred Card has a $300 back in the form of a statement credit after you spend $1,000 in purchases on your new Card in your first 3 months of Card Membership. .

Earn 6% cash back at U.S. supermarkets and selected U.S. streaming subscriptions, 3% cash back on transit and gas stations, 1% cash back on other purchases . The 6% cash back at grocery stores does have a $6,000 annual spending limit.

This card has an annual fee of $95 and comes with an  0% intro APR on purchases and balance transfers for 12 months , then a variable APR, 13.99% – 23.99%. This card is different in that it is cash back and not points that are earned on spending.  

The Chase Freedom card offers a sign-up bonus after only spending $500 in purchases after 3 months. That is a low spending threshold to receive a sign-up bonus. The Chase Freedom card has 1% cashback on all purchases and 0% intro APR for 0% intro APR for 15 months from account opening on purchases. from account opening on purchases.

This card also has revolving cashback bonuses that offer 5% on rotating categories. These categories change once a quarter but can increase your cash back if the consumer pays attention to their spending. It does have a cap of $1,500 on the bonus spending category.

The Freedom card does not come with an annual fee.  

The Discover It Cash Back credit card is a great option for someone who wants access to 5% cash back rewards on rotating spending categories each quarter and unlimited 1% cash back on all other purchases.

It also offers 0% Intro APR for 14 months on purchases and balance transfers. 0% APR intro period on purchases and balance transfers for  giving you time to pay off your balance without interest. Then 11.99% – 22.99% Standard Variable Purchase APR and 5% balance transfer fee.

The discover cash back card  does not come with an annual fee.  

Is the American Express Everyday Card Right for You?

American Express Everyday Card offers average rewards and bonuses for cardholders. The biggest advantage of the American Express EveryDay card is the introductory rate of 0.0% APR with no transfer fee. 

Those who are wanting to pay down their credit card debt can open up an American Express EveryDay card and transfer their balance without a fee and help them pay down that debt. 

The average rewards that this card offers can be increased if card holders make over 20 purchases in a month – This can juice the rewards up to 20%.

For consumers looking for a strong rewards card there are other cards out there that offer better points or cashback rewards – but you’ll probably have to pay $50-100 annuel fee. This card is good for consumers who frequent grocery stores and spend over $100 a week there. 

Card holders should make sure that they make over 20 purchases a month with this card or their rewards will be average compared to other rewards cards.

 

Application Process

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Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.