How to Get a 20% to 50% Bonus “EveryDay!”

Disclosure: Emily & I get a commission for links on the blog. You don’t have to use our links, but we’re very grateful when you do.  American Express is a Million Mile Secrets advertising partner.

Did you know you can get a 20% to 50% bonus “everyday?”

American Express has introduced new EveryDay cards, so let’s see if they make sense for you!  I like the EveryDay card because it has no annual fee and is a great way to keep your Membership Rewards point active.  I like the EveryDay Preferred card, because you could earn up to 1.5 Membership Rewards points per $1 spent!

Get Up to a 50% Bonus on EveryDay Purchases

 Link:   American Express EveryDay  

You get 10,000 American Express Membership Rewards points after spending $1,000 within 90 days.

The sign-up bonus is similar to the 10,000 point sign-up bonus on the Chase Freedom.  The EveryDay card does NOT have an annual fee!

With the American Express EveryDay card you earn:

 As always, terms and conditions apply. 

You get an extra 20% American Express Membership Rewards point bonus when you use your card 20 times before your billing statement closes, less returns and credits.

There is no minimum transaction amount required to get the 20% bonus.  So you could put multiple small transactions on your card.

So you’re effectively earning:

And American Express Membership Rewards points can be used to: 

Membership Rewards Points Can Be Transferred to Certain Airlines

And because the American Express EveryDay card is a no-annual fee card, it’s a great card to keep for a long time to build your credit history.

And it will keep your Membership Rewards points active if you cancel a card which earns Membership Rewards points, such as an American Express Platinum card, Business Platinum card, or Mercedes-Benz Platinum card.

You Can Keep Your Membership Rewards Points Alive With the No-Annual Fee American Express EveryDay Card

With the American Express Premier Rewards Gold card, you earn:

But you pay a $175 annual fee!

There is no annual fee on the American Express EveryDay card.  And for most folks, 2X American Express Membership Rewards points (2.4X if you have more than 20 transactions a month) on groceries from the American Express EveryDay card is a better value.  Remember, the bonus does NOT apply to returns or credits.

The American Express Blue Cash Everyday card has no annual fee and earns:

But you can NOT transfer those points to partner airlines and hotels like you can with the EveryDay card. 

Blue Cash Everyday Points Can’t Get You A Hotel Room

Link:   American Express EveryDay Preferred

You get 15,000 American Express Membership Rewards points after spending $1,000 within 90 days.  There is a $95 annual fee.

You get a larger sign-up bonus from the Chase Sapphire Preferred or the Barclays Arrival card.  But you can earn more points from spending with the American Express EveryDay Preferred card!

You earn:

You get an extra 50% American Express Membership Rewards point bonus when you use your card 30 times during your billing statement closes.  The 50% bonus does not apply to returns or credits.  There is no minimum transaction amount for the 30 purchases.

So you’re effectively earning:

So the American Express Everyday Preferred is better for groceries and gas.  That’s because you only get 2X American Express Membership Rewards points on groceries and gas from the Premier Rewards Gold card.

A Good Card for Groceries & Gas, But Not the Best…

And if you value American Express Membership Rewards points, the American Express Everyday Preferred is my favorite card for everyday spending.  Because you earn 1.5X American Express Membership Rewards points on your everyday spending vs ~1 point on most other cards.

However, you have to use your card 30 times, less returns and credits, before your statement closes to get the 50% bonus which gives you 1.5 American Express Membership Rewards points per $1 spent.  But that’s easy to do if you use it for everyday expenses.

Doesn’t the American Express Blue Cash Preferred Earn 6% on Groceries?

With the American Express Blue Cash Preferred you earn:

But you CANNOT transfer the cash or points from the American Express Blue Cash Preferred to partner airlines and hotels like you can with the American Express EveryDay Preferred card.  Although, you can use the cash to pay the airline or hotel.

So which do you choose at US supermarkets?  4.5 American Express Membership Rewards points (transferrable to certain airlines or hotels) or 6% cash back?

The American Express EveryDay Preferred card allows you to transfer your points to partner airlines and hotels.

Don’t get the American Express EveryDay and American Express EveryDay Preferred cards for their sign-up bonuses.  But get American Express EveryDay and American Express EveryDay Preferred card for everyday spending bonuses.  Or to keep your Membership Rewards points active.

You earn American Express Membership Rewards points that are transferrable to partner airlines and hotels.  And they are an easy way to keep your American Express Membership Rewards points from expiring.

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