Do you shop at grocery stores but also make random non-bonus purchases every month? Or are you looking for ways to eliminate debt without paying interest? Perhaps the Amex EveryDay Credit card might be a good choice for you. This card is designed for families. But they’re not the only ones who can benefit from this card with no annual fees.
Interested in this card or others? Head HERE
Someone Who Doesn’t Like Paying Annual Fees
Perhaps one the best features of this card is that it has zero annual fees. You don’t have to worry about extracting certain value out of the card every year when being a member costs absolutely nothing. And the welcome bonus of 10,000 Membership Rewards points doesn’t hurt, either. To earn the bonus, you must spend $1,000 on the card in the first three months, but it’s easy to reach by spending an average of $334 per month. Not having to pay annual fees makes this card a long-term keeper, which also helps increase your credit score over time.
Someone Who Shops at Grocery Stores Often
With the Amex EveryDay Credit Card, you’ll earn double points per dollar spent at U.S. supermarkets (capped at $6,000 per year). Although other popular credit cards, such as the Chase Freedom Card or the Discover it Credit Card, can earn you 5X points per dollar spent in the grocery category, the high rewards are limited to just three months out of the year. If you hold one of the category cards as well as the Amex EveryDay Card, swipe the Amex card outside of the bonus category until you reach the yearly cap.
Related: 5 Cash Back Credit Cards That Save You Money at the Grocery Store
Someone Who Likes to Earn Flexible Points
Points earned with the Amex EveryDay Card are transferrable to travel partners within the Membership Rewards program, including Delta Air Lines, Air France/KLM and Iberia, to name a few. It’s pretty generous, considering you don’t have to pay annual fees. Just keep earning points at your own pace and redeem them toward award travel whenever you have enough for a trip. In comparison, Chase doesn’t let you transfer points earned with its no-fee cards to travel partners unless you also have one of the premium cards that carry a fee.
Someone Who Uses the Same Card for All Charges
Not everybody has 12 different cards in our wallets, and that’s OK. In many cases, rewards are all about maximizing the cards you have. The Amex EveryDay Credit Card rewards consumers who make at least 20 purchases per billing cycle with a 20-percent point bonus. If you use the same card to pay for gas, groceries and dining out, you’ll earn a bonus on all the points earned as long as you make 20 transactions that month. It’s that simple to earn 1.2X points on every purchase.
Someone Who Wants to Pay Off Credit Card Debt
Although opening more credit cards while in debt isn’t the right move, in some cases it’s what you have to do to get out of debt. The EveryDay Card from American Express charges no balance transfer fees and offers a zero-APR on purchases and balance transfers for the first 15 months of being a cardholder. Just make sure to transfer a balance from another card within 60 days of opening the account and make monthly payments to pay down your debt without worrying about interest.
Interested in this card or others? Head HERE
What is your favorite feature of the Amex EveryDay Credit Card?
No comments:
Post a Comment