Please note this site has financial relationships with American Express and this post may contain affiliate links. Read my Advertiser Disclosure policy here to learn more about my partners.
Please note that www.mommypoints.com has financial relationships with American Express.
This year I have had the opportunity to work closely with American Express on their new EveryDay Credit Card products by being an Amex EveryDay Ambassador. I even got to give a presentation on how to use Membership Reward points to other mom bloggers and Amex folks at the American Express Tower in NYC…crazy, huh?!
I think that these cards, and specifically the annual-fee-free American Express EveryDay Credit Card, are very well suited for busy parents (and grandparents) who want to earn points, but aren’t to the level yet of wanting to deal with multiple rewards cards or an annual fee. As part of this partnership, I have written a series of sponsored posts related to the cards that may be shared here, as well as by Amex in their channels.
If you already know everything there is to know about the EveryDay cards, then this post may not be for you. However, if you or someone you know is still getting into the points game, or aren’t yet familiar with the EveryDay cards, then read on! Also, to be totally transparent, there are no affiliate links in this post, but it is part of a larger ambassadorship agreement between myself and Amex – goodness knows I didn’t make those fancy graphics by myself!
Keeping it Simple with Amex EveryDay:
I have more rewards credit cards than I sometimes like to admit. I also have a pretty complex system of using lots of different cards to maximize my earnings for different types of purchases. I activate rotating bonus categories, earn points in tons of different programs, track annual fees on multiple cards, hit annual spending bonuses on various cards, and basically am a bit obsessed. Frankly, that kinda crazy and kinda complex system works for me, and that’s okay. I’m sure it works for some of you, too.
However, ultimately I know I am a bit of an outlier. Most “normal” people don’t want or need that level of complexity in their lives – or their spouses don’t want or need that level of complexity!
At the core I like simple, and that is why the American Express EveryDay Credit Card was so intriguing for me when it came out earlier this year. It ultimately isn’t the card I applied for (I went for its sister, the Amex EveryDay Preferred), but I love that the EveryDay card exists and here’s why.
- It earns Membership Reward points that transfer into many hotel and airline programs such as British Airways, Delta, Hilton HHonors, and Choice Hotels– sometimes with a transfer bonus.
- It has no annual fee but still earns transferable Membership Reward points. This is the first time a card has earned transferable points into hotel and airline programs without having an annual fee.
- Earn 2x Membership Reward points on up to $6,000 in purchases each year at US Supermarkets – 1x on other purchases.
- You get a bonus for how often you use the card, not how much you spend.
- Earn 20% bonus Membership Reward points when you make 20 or more purchases in a billing cycle. Yes, you get a 20% bonus on the 2x supermarket points as well!
- 10,000 Membership Reward points after spending $1,000 in the first three months. That isn’t huge, but it’s a start.
I have so many friends and relatives that want to earn some sort of rewards for their everyday spending, but they aren’t into complexity, spending a ton, or paying annual fees. For someone like that, this card might be a good fit. In my mind, it might also be a “gateway card” for some that entices them to get into the rewards game further once they see how valuable Membership Reward points can be! Even if this is as far as someone gets into the reward game, it is still a solid option.
There is a handy tracker that tells you how close you are getting to 20 transactions in a billing cycle, so it is super easy to know your progress. And yes, authorized user transactions count! I have the EveryDay Preferred version that requires 30 transactions to trigger the monthly bonus points percentage, and even hitting that amount was pretty easy just with everyday things like coffee runs, groceries, dry cleaning, gas, and other errands. If you truly are using the card for everyday expenses, 20 transactions a month is nothing for most busy families.
To put some numbers to this, if a family had the Amex EveryDay Credit Card, and used it to buy an average of $500 in groceries each month plus $1,000 in other miscellaneous charges like gas, clothes, food, cell phone bill, etc. then they would earn 28,800 points a year if they activated the 20 transaction multiplier each month. That isn’t a ton of points, but it is a decent start for an annual fee free card. Of course, I want more points, so…
The Amex EveryDay Preferred Credit Card is the one that is perfect for folks like me who are okay with annual fees (since I can easily do the math and determine whether I am coming out ahead or not), and who want to earn more points in more bonus categories.
The EveryDay Preferred version pays out 3x Membership Rewards points at US supermarkets, 2x on US stand alone gas stations, and 1x on other purchases. However, that is before the 50% bonus that kicks in if you have 30 transactions in a billing cycle. If you trigger that 50% bonus you are effectively earning 4.5 Membership Reward points at supermarkets, 3x at gas stations, and 1.5x on everything else. The Preferred version awards 15,000 Membership Reward points after spending $1,000 in the first thee months and comes with a $95 annual fee.
If you take the same $500 in monthly grocery spending and $1,000 in other categories we used in the EveryDay example and put it on the Preferred version of the card (assuming you hit the 30 transactions per month bonus), you would earn at least 45,000 points per year, and probably more if some of that spending were at gas stations at the 2x bonus.
Whether you are just getting into the world of rewards credit cards and want an annual fee free card that earns transferable points, or whether you are a full fledged points addict like myself that simply wants as many points as you can get, at least one of these credit cards may be a very good card to consider for your family.
If you have been using one of these cards the last few months, I’d love to hear how you are liking it so far!