Top perks
This American Express card has several useful benefits.
Up to 3 points per $1
With the Amex EveryDay® Preferred Credit Card, you earn:
- 3 points per $1 at U.S. supermarkets, with a cap of $6,000 in eligible purchases per calendar year
- 2 points per $1 at U.S. gas stations
- 2 points per $1 on eligible travel purchases made on amextravel.com
- 1 point per $1 on other purchases
- Terms apply
Overall, this card has a decent rewards rate on gas and groceries. It isn't quite competitive with the premier rewards cards, but there's a way you can earn more back.
OTHER OPTIONS: Best Rewards Credit Cards
Earn 50% more points
American Express didn't pick this card's name out of a hat. You actually benefit if you use your card every day. When you make 30 or more purchases in a billing period, all those purchases will earn 50% more points. It's an interesting feature that you won't find with most credit cards. Terms apply.
With 50% more points, you can earn:
- 4.5 points per $1 at U.S. supermarkets (on up to $6,000 in eligible purchases per calendar year)
- 3 points per $1 at U.S. gas stations
- 3 points per $1 on travel purchases made on amextravel.com
- 1.5 points per $1 on other purchases
While this definitely improves the card's rewards rate, be careful not to change your spending habits to earn more. If you start spending money you normally wouldn't just to hit 30 purchases per billing cycle, you're not really coming out ahead.
0% intro APR on purchases and balance transfers
This American Express card has a 0% intro APR on purchases for the first 12 months from account opening (see rates and fees). It also has that same 0% intro APR for 12 months on balance transfers requested within the first 60 days. Once the intro period ends, the go-to APR (18.24% to 28.24%, variable) applies going forward. Terms apply.
Although this isn't the absolute longest 0% intro APR period, it still gives you a year without paying interest. You can use that time to pay off new purchases or pay down credit card debt. However, if you have a lot of debt, you're probably better off with one of the best balance transfer credit cards. Most of these have longer 0% intro APR periods and don't charge an annual fee.
SEE MORE: Best 0% APR Credit Cards
Valuable rewards points
Since this card earns American Express Membership Rewards points, you'll have a couple of great ways to redeem them. The best option is to transfer your points to an American Express travel partner, and that includes a large number of airlines and hotels. If you transfer your points wisely, you could find an award booking where you get well over $0.02 per point.
Even if you can't find a transfer opportunity for the travel you want, you can always use the Pay with Points feature on American Express travel. This lets you book a cash airfare ticket using your points, and you'll get $0.01 per point when you do. Terms apply.
LEARN MORE: A Complete Guide to American Express Membership Rewards Points
Travel and purchase protections
As is the case with most American Express cards, this card has several great complimentary protections. On eligible purchases, it provides: