American Express Everyday Credit Card

Andrew Reyes  | 
  • Annual percentage rate (APR): 12.99% to 23.99%.
  • Purchase intro APR: 0% for 15 months.
  • Rewards: 1 or 2 points per $1 spent.
  • Annual fee: $0.
  • Late fee: Up to $40.
  • Credit score: Good to Excellent (700-850).
  • Other benefits: 20% more points after 20 charges.
  • New card member offer: 10,000 rewards points for$1,000 spent.
  • Compare cards here.

Benefits

  • Membership rewards points: The American Express Everyday Credit Card offers membership rewards points for most purchases. Card members will get two points per dollar spent at U.S. supermarkets and one point per dollar for all other eligible purchases. As an added bonus, you can earn 20% more points if you use your card 20 or more times per billing period.
  • No annual fee: Unlike many other rewards credit cards, the American Express Everyday card has no annual fee. This makes it an affordable, accessible option for consumers who are just beginning to explore the world of rewards credit cards.
  • Great intro APR offer: This card offers an intro APR of 0% for the first 15 months, making it a great option for large purchases and balance transfers.

Drawbacks

  • Penalty APR: Like many other credit cards, the American Express Everyday card does have a penalty APR. At 29.24%, this rate may apply if you make one or more late payments or if your payment is returned by your bank. If you think that you’ll ever be in a situation where you can’t make payments on time, you’ll run the risk of paying a higher rate and additional interest on your balance.
  • Foreign transaction fee: This card also has a foreign transaction fee of 2.7%, so it might not be a great fit if you travel internationally on a regular basis.
  • Rewards aren’t as generous as some other cards: Compared to some other rewards cards, the American Express Everyday card may not be as generous in terms of points and rewards. However, the absence of an annual fee makes up for this.

What Can You Expect From the American Express Everyday Card?

The American Express Everyday card is a great option for consumers new to the world of rewards credit cards. It offers an attractive intro APR, reasonable rates, and membership rewards points.

Rewards Redemption

You can redeem American Express rewards for cash back, gift cards, and discounts with over 500 leading brands. Rewards redemption is easy and convenient, and you’ll have access to the same membership rewards as American Express cardholders with pricier cards.

Travel Benefits

The American Express Everyday card comes with a variety of travel benefits. For one, you can transfer membership points to a variety of frequent traveler programs, including Delta SkyMiles. If you book your travel through AmExTravel.com, you can also earn two times the points on these purchases.

The card also comes with car rental loss and damage insurance, so if you rent a car while traveling you may be eligible for insurance coverage in case the car is damaged or stolen. Another perk for cardholders is the global assist hotline. If you travel more than 100 miles from home, you can access emergency assistance when it comes to medical and legal issues, passports, missing luggage, and more.

Dispute Resolution and Fraud Protection

If there’s a charge you don’t recognize on your card, American Express can help resolve the issue. You’re also protected in case of fraud, and you won’t be held responsible for any fraudulent charges placed on your card. If you suspect there’s an error or fraudulent charge on your account, you can call the number on the back of your card for a quick resolution.

User-Friendly App

You can download the American Express app to explore rewards and manage your account. The app also lets you discover nearby offers and ways to save. It has a user-friendly design that makes it easy to understand what’s going on with your account.

Who Should Get the American Express Everyday Card?

This card is a great option for those who are interested in the world of rewards credit cards, but aren’t yet ready to spring for a card with a hefty annual fee. It’s also a good option for frugal consumers who may not spend that much with a credit card in any given year.

While this card doesn’t have as lucrative rewards and perks as some higher-tier cards, it’s still a great option to start with. It also allows cardholders to accumulate American Express rewards points, and gives them full access to the popular Membership Rewards program.

Compare other cash back cards and learn more here.


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