The American Express EveryDay Preferred credit card has an introductory bonus offer of: 15,000 Membership Rewards bonus points if you spend at least $1,000 in the first 3 months. The value for these 15k points will be worth about $300. This isn’t the best welcome bonus offer when compared to other credit cards with the same annual fee.
Offers for this card will change quite frequently and it can range from 15,000 to 25,000 bonus points. This will all depend on the marketing at any time. Typically, the best welcome offer can be earned when you go directly to the American Express website.
With the Amex Everyday Preferred, they will allow you to gain larger rewards at supermarkets and gas stations. This is a great option to have if you spend a lot in these category options. These rewards will be gained in the form of Membership Rewards points, this is the most valuable point system in the platform.
This card has an annual fee of $95, meaning there won’t be a decrease of great rewards credit card competition to pick from. There are a few listed below.
If you don’t use your credit card often, then the Amex EveryDay Card (non-Preferred) will gain a good amount of rewards for supermarkets with no annual fee attached.
Amex Everyday Preferred Card Quick Facts
Bonus Available | Gain 15,000 bonus points once you’ve spent a minimum of $1,000 in the first 3 months of opening your account. Offers update frequently. |
Bonus Value | $300 |
Ongoing Rewards/Benefits | Earn 3 points for each $1 used towards U.S. supermarkets (no more than $6,000 per year in purchases), 2 points for each $1 used at U.S. gas stations and 1 point for each $1 used towards other expenses.
Use your card at least 30 times for purchases in 1 billing period and earn 50% extra points. |
Foreign Transaction Fees? | 2.7% |
Annual Fee | $95 |
Recommended Free Credit Score (Get Free Score)
720 – 850 (Excellent)
*If interested see our list of American Express bonuses for other credit card offers.*
Pros
- Welcome bonus
- Bonus categories
- Monthly bonus opportunity
- Transfer partners
Cons
- Annual fee
- Excellent credit needed to qualify
- Foreign transaction fees
Editor’s Alternate Pick
![]() The Chase Sapphire Preferred® Card offers 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. You'll earn: • 5x on travel purchased through Chase TravelSM • 3x on dining, select streaming services and online groceries • 2x on all other travel purchases • 1x on all other purchases • $50 Annual Chase Travel Hotel Credit • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase TravelSM This card carries a $95 annual fee. |
Amex EveryDay Preferred Card 15,000 Bonus Points
Make use of the EveryDay Preferred card’s introductory bonus offer of: 15,000 Membership Rewards points. The evaluation for these points will be worth about $300 (more on that below).
You must charge your card with a minimum of $1,000 in the first 3 months of having your account open to be able to qualify for this bonus offer.
Here are some ideas on meeting the spending requirement:
What are Membership Rewards Points Worth?
Compared to other rewards cards, depending on how you decide to use your points will reflect their value. Typically, each Membership Rewards point will be worth about no more than $0.02. This is a great value since the industrial average is $0.01 for other rewards credit cards.
You can redeem your Membership Rewards points towards:
Redemption Option | Value |
Travel via Amex or Expedia | $0.005 – $0.01 / point |
Transfer to travel partners | Varies by partner |
Statement credits | $0.006 / point |
Merchandise | Varies by retailer |
Unique experiences | Varies by venue |
Gift cards | Varies by retailer |
Charity donations | $0.007 |
To get the best value for your Membership Rewards Points, it’s better to transfer them towards one of the 20+ travel partners. By doing this, you will be able to get the best value for your points towards higher-class flights. You can even get premium rooms at high-tier hotels. When you do this, you can receive an average of $0.02 for each point in value. But, you need to set aside time for different booking scenarios for it to work.
Membership Rewards Airline Partners
Aer Lingus | AeroMexico | All Nippon Airways |
Air France/KLM | Alitalia | Cathay Pacific |
Avianca | British Airways | Emirates |
Delta Air Lines | El Al Israel Airlines | Iberia |
Etihad Airways | Hawaiian Airlines | Singapore Airlines |
JetBlue Airways | Qantas | |
Virgin Atlantic | Air Canada |
Membership Rewards Hotel Partners will include: Choice Privileges, Hiltion Honors, and Marriott Bonvoy.
Amex EveryDay Preferred Card Monthly Bonus
Similar to the Amex EveryDay credit card, this Preferred version of it will have a bonus if you make a specific amount of expenses in a billing period. Gain a 50% bonus for points if you make at least 30+ expenses in one statement cycle.
Using the monthly bonus will allow you to gain:
- 4.5X points at supermarkets
- 3X points at gas stations
- 1.5X points everywhere else
This is an excellent earning potential. You just have to make one purchase using your credit card each day.
As the month goes on, you have to be aware of this spending requirement. With this, you can attempt to make small expenses at different places. It can be with a small top-up of gas or for a candy bar.
Bottom Line
The Amex EveryDay Preferred credit card is a great everyday credit card to have. With their 50% monthly bonus included, their earning rates are pretty decent. It’s most definitely worth the annual fee of $95 if you use your card to its full potential, even if you max out your points with their travel partners.
With their annual fee tiers, you can always look at better credit card options.
(Visit American Express for more information)
What’s the Competition?
There are some of Amex EveryDay Preferred credit card’s top competitors listed below.
![]() The Chase Sapphire Preferred® Card offers 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. You'll earn: • 5x on travel purchased through Chase TravelSM • 3x on dining, select streaming services and online groceries • 2x on all other travel purchases • 1x on all other purchases • $50 Annual Chase Travel Hotel Credit • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase TravelSM This card carries a $95 annual fee. |
![]() The Capital One Savor Cash Rewards Credit Card offers a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; variable APR after that; balance transfer fee applies You'll earn: • 3% Cash Back at grocery stores (excluding superstores like Walmart and Target), on dining, entertainment and popular streaming services. • 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply). • 8% Cash Back on Capital One Entertainment purchases. • 1% Cash Back on all other purchases. This card comes with no annual fee and no foreign transaction fees. |