Reap Everyday Rewards: Applying for the Amex EveryDay® Preferred Credit Card
Looking for a credit card that rewards your everyday spending without the hefty annual fees of some premium cards? The Amex EveryDay® Preferred Credit Card might be your perfect match! Let's explore the application process and see if this card fits your financial goals.
Step 1: Unveiling the Rewards (American Express website)
Before you dive into the application, head over to the American Express website (https://www.americanexpress.com/us/credit-cards/card/blue-cash-everyday/) to explore the card's offerings. The Amex EveryDay® Preferred Credit Card keeps things simple with:
- 2X Membership Rewards points on groceries at U.S. supermarkets on up to $6,000 per year in purchases, then 1X on all other purchases.
- Annual Fee: There's a $95 annual fee, but the potential rewards boost, especially for grocery shoppers, can outweigh the cost.
- Membership Rewards points: These points can be redeemed for a variety of options, including statement credits, travel purchases, gift cards, and Membership Rewards transfer partners like airlines and hotels.
Step 2: Consider Your Credit Score (Optional)
The Amex EveryDay® Preferred Credit Card typically requires fair to good credit for approval. While not mandatory, checking your credit score beforehand gives you an idea of your chances. Numerous free credit score services are available online.
Step 3: Gather Your Application Documents
To ensure a smooth application process, have the following documents on hand:
- Social Security number
- Date of birth
- Proof of income (paystubs, W-2 form)
- Employment information
- Residential address
Step 4: Apply Online
Head back to the American Express website and click on "Apply Now" on the Amex EveryDay® Preferred Credit Card page. The application itself should be straightforward and take around 15 minutes to complete.
Step 5: Review and Submit
Double-check all the information you've entered to avoid errors or typos that could delay processing. Once you're confident in its accuracy, submit your application.
Step 6: Await the Decision
American Express will typically notify you of their decision within a few days. You can check the application status online or by contacting them directly.
Bonus Tip:
- Analyze your grocery spending. Do groceries form a significant portion of your monthly expenses? If so, the bonus category on groceries with this card can be particularly rewarding.
- Consider other Amex cards. Explore other American Express cards, like the Amex Blue Cash Preferred® Card, if you have specific spending categories you'd like to maximize rewards on.
Remember:
This is a general guide, and the specific application process may vary. Be sure to review the terms and conditions on American Express's website for the latest information regarding rewards rates, fees, and benefits.
The Amex EveryDay® Preferred Credit Card, with its straightforward rewards program, reasonable annual fee, and Membership Rewards points flexibility, can be a great everyday spending companion. However, it's important to consider your creditworthiness, spending habits, and whether the rewards outweigh the annual fee before applying.
