Amex EveryDay points are how American Express rewards you for using your credit card. You get 10,000 points as a signup bonus from the Amex EveryDay Card when you spend $1,000 in purchases during your first three months of membership. You also earn two points per dollar on the first $6,000 you spend at supermarkets every year, and 1 point per dollar in all other categories. Plus, when you make 20 purchases in a billing cycle, you get 20% more points on those purchases.
Assuming you take advantage of the bonus, the supermarket offer and the 20% offer, you’d get at least 24,400 points in your first year. That’s worth up to $244, because when you redeem them for the most valuable options, Amex EveryDay points are worth one cent each.
But getting the most out of a rewards card isn’t just about how many points you rack up. There are a few more factors in play.
Here’s what you should know about Amex EveryDay points:
- On the Amex website, you can use points to book travel, buy gift cards, donate to charity, or get a statement credit.
- You can pay with points at Amazon.com, BestBuy.com, Staples.com and Boxed.com. If you have the Amex mobile app, you can use points to pay for Grubhub and Seamless orders.
- You can get Uber and Taxi rides with your Amex EveryDay points.
- You can transfer your points to Amex’s partner loyalty programs.
- Your highest value options for point redemption flights booked through Amex, Uber, NYC taxis, and charitable donations. Points redeemed this way are worth one cent each.
- You can get most gift cards at a rate of 1 cent per point, but some give you a value of 0.7 cents per point.
- Amex EveryDay doesn’t charge of annual fee, so you won’t lose any points value paying it.
Amex EveryDay points offer a good value if you spend at least $6,000 in groceries every year, and use your card to make 20 or more purchases per month. To get the most for your points, you’ll also want to make sure you redeem them at a value of one cent each.