American Express Everyday Card
In 2014, American Express introduced the EveryDay card, a credit card designed to offer exceptional value without the burden of an annual fee. This card is tailored for individuals who seek to maximize their benefits while enjoying the freedom of no annual charges. The American Express EveryDay card is particularly geared towards international travelers, providing essential features and services that cater to those who frequently journey across borders.
Benefits and Features of the American Express EveryDay Card:
The American Express EveryDay Card is part of Amex’s Membership Rewards program, offering a robust rewards structure that appeals to a diverse range of cardholders. Here’s a deeper look into its benefits:
- Rewards Program: Cardholders earn 2 Membership Rewards points per dollar spent at U.S. grocery stores, up to $6,000 per year. After reaching this threshold, the earnings drop to 1 point per dollar. This incentivizes everyday grocery spending, which can accumulate significant rewards. Additionally, cardholders earn 2 points per dollar when booking travel through American Express Travel and 1 point per dollar on all other purchases. This tiered rewards system ensures that cardholders receive maximum value for their spending.
- Bonus Points: To further enhance the rewards program, the card offers a 20% bonus on points earned when you make 20 or more transactions during a billing cycle. This feature encourages frequent use of the card and maximizes the accumulation of rewards points.
- Introductory APR Offer: The American Express EveryDay Card includes a 0% introductory Global Effective Annual Rate (APR) for both purchases and balance transfers for the first 15 months. After this period, the APR reverts to a range between 18.24% and 29.24%, depending on creditworthiness. This introductory offer provides an excellent opportunity to manage new purchases and balance transfers without incurring interest.
Additional Benefits:
- Car Rental Insurance Coverage: When you pay for a rental car using your American Express EveryDay Card, you benefit from added protection against damage or theft. This insurance coverage ensures that you have financial support in case of unexpected rental issues, offering peace of mind during your travels.
- Exclusive Amex Offers: The card provides access to Amex Exclusive Offers, which can include extra discounts or additional Membership Rewards points on purchases. These offers are tailored to enhance the value of your spending and provide additional benefits on products and services that are already on your radar.
- No Foreign Transaction Fees: One of the most valuable benefits for international travelers is the absence of foreign transaction fees. This feature eliminates additional costs when making purchases abroad, making it an ideal choice for those who frequently travel internationally.
Credit approval:
Before applying for the American Express EveryDay Card, you can check your approval status without affecting your credit score by visiting the American Express website. This preliminary check helps you gauge your eligibility and understand how the card fits into your financial profile. However, if you decide to proceed with the application, your credit score may be impacted as part of the formal approval process.
Aligning your credit priorities with the advantages offered by the American Express EveryDay Card is essential. To make an informed decision, review the benefits and conditions provided by the card to ensure they match your financial goals and lifestyle needs. The card’s range of features and rewards are designed to cater to a variety of spending habits, making it a versatile option for those looking to maximize their credit card experience.
