American Express recently launched two new credits cards – the Amex EveryDay Credit Card and the Amex EveryDay Preferred Credit Card. These credit cards are a great addition for anyone that collects (or plans to start collecting) Membership Rewards® points. Both cards earn full Membership Rewards points, meaning the points earned can be directly transferred to its many partner loyalty programs. One of the cards is also the first no-annual fee credit card offered by American Express that earns full Membership Rewards points.
What Are the Details?
Following is a brief description of the two new American Express credit cards:
Amex EveryDay Credit Card (no annual fee version):
■Welcome bonus: 10,000 Membership Rewards points when you spend $1,000 within first 3 months of card membership
■Points earned: Earn 2x points at US supermarkets (up to $6,000 in purchases each year); Earn 1x point on all other purchases.
■Additional perks: Earn 20% extra points when you use your card to make 20 or more purchases in any billing period; 0% intro APR on purchases and balance transfers for 15 months.
■NO ANNUAL FEE
■Terms Apply
Amex EveryDay Preferred Credit Card(annual fee version)
■Welcome bonus: 15,000 Membership Rewards® points when you spend $1,000 within first 3 months of card membership
■Points earned: Earn 3x points at U.S. supermarkets (up to $6,000 in purchases each year); Earn 2x points at US gas stations; Earn 1x point on all other purchases.
■Additional perks: Earn 50% extra points when you use your card to make 30 or more purchases in any billing period; 0% intro APR on purchases and balance transfers for 12 months.
■Annual fee: $95 annual fee
■Terms Apply
The link to the Amex EveryDay Credit Card is our referral link and we will earn points if you apply and use our link. You can apply for these and other American Express credit cards on the American Express website.
Membership Rewards transfer to 19 frequent flyer programs and 3 hotel loyalty programs or they can be used for gift cards and merchandise.
Who Should Consider Applying?
- Anyone that makes (or can make) frequent purchases on their credit cards (as these cards earn extra points for making 20 or 30 purchases a month).
- Anyone who wants to start collecting Membership Rewards without paying an annual fee (as is the case for the Amex EveryDay Credit Card) or paying a lower fee (as is the case for Amex EveryDay Preferred Credit Card).
- Anyone that wants to keep any existing Membership Rewards points active after cancelling another credit card tied to the Membership Rewards® program.
- Anyone that spends a lot of money in U.S. supermarkets.
Will you applying for either of these new American Express credit cards?