Amex National Bank EveryDay® Preferred Credit Card

Amex National Bank EveryDay® Preferred Credit Card Review

This is a rewards credit card issued by American Express National Bank. If you're wondering whether Amex National Bank EveryDay® Preferred Credit Card is the right card for you, read on.

Key Takeaways

• Generous reward rate. You can get a rewards rate of up to 3 reward points per dollar spent.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• Earn 10,000 Membership Rewards® points after you spend $2,000 or more on eligible purchases on your Card within your first 6 months of Card Membership starting from the date your account is approved. In rare instances, your period of $2,000 may be shorter than 6 months if there is a delay in receiving your Card.
• Competitive APRs. Amex National Bank EveryDay® Preferred Credit Card has a variable purchase APR that ranges from 15.99% up to 25.99%.
• 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.
• 3% Balance transfer fee. Amex National Bank EveryDay® Preferred Credit Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
• 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.
• Gas rewards. 2x points on eligible fuel purchases.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, identity theft protection, purchase protection, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of Amex National Bank EveryDay® Preferred Credit Card

Amex National Bank EveryDay® Preferred Credit Card FAQ

Does Amex National Bank EveryDay® Preferred Credit Card have a cash back or rewards program?

Amex National Bank EveryDay® Preferred Credit Card is a rewards card.

What are the Amex National Bank EveryDay® Preferred Credit Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Zero fraud liability
• No blackout dates when redeeming miles
• Reports to major credit bureaus

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

Amex National Bank EveryDay® Preferred Credit Card has a variable purchase APR that ranges from 15.99% up to 25.99%. The card has a variable balance transfer APR that ranges from 15.99% up to 25.99%. It also has a variable cash advance APR of 28.24% . Note that late payments are subject to an APR of 29.99% 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 National Bank EveryDay® Preferred Credit Card?

The following fees apply:

• There is no overlimit fee

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

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

Yes, Amex National Bank EveryDay® Preferred 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 may help improve your credit.

How to apply for Amex National Bank EveryDay® Preferred Credit Card

• Visit the Amex National Bank EveryDay® Preferred 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.