Amex EveryDay® Credit Card Review

Amex EveryDay® Credit Card is a rewards credit card issued by American Express National Bank. If you're wondering whether Amex EveryDay® Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 15 months.
• Signup bonus. Offers a signup bonus of 10000 points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Amex EveryDay® Credit Card has a variable purchase APR that ranges from 12.99% up to 23.99%.
• No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2.7% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 640.

Amex EveryDay® Credit Card Pros and Cons:

The Good

The Bad

Lower than average purchase APRs. 0% APR on new purchases during the first 15 months. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty on purchases. Travel accident and travel assistance insurance. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Amex EveryDay® Credit Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.

Charges a foreign transaction fee of 2.7%.

Is there a Amex EveryDay® Credit Card cash back or rewards program?

Amex EveryDay® Credit Card offers a rewards program to its customers.

Amex EveryDay® Credit Card Rewards

Rewards rate (all purchases)	1%
Max rewards rate	2%
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	10000
Signup Bonus Spend Requirement	$1000
Signup Bonus Spend Period (months)	3 months

What are the Amex EveryDay® Credit Card benefits?

Amex EveryDay® Credit Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Cellular Telephone Protection
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Amex EveryDay® Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Amex EveryDay® Credit Card has lower than average purchase APRs.

Amex EveryDay® Credit Card has a variable purchase APR that ranges from 12.99% up to 23.99%. It also has a variable cash advance APR of 25.24% . Note that late payments are subject to an APR of 29.24% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Amex EveryDay® Credit Card?

The following fees apply to Amex EveryDay® Credit Card:

• There is no overlimit fee

Amex EveryDay® Credit Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	2.7%
Returned Payment Fee	up to $40
Late Payment Fee	up to $40

Does Amex EveryDay® Credit Card report your account activity to credit bureaus?

Amex EveryDay® Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Amex EveryDay® Credit Card

• Visit the Amex EveryDay® Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.