The Amex EveryDay annual fee is $0. That’s not the whole story, though. There’s also an Amex EveryDay Preferred card, and it costs $95 a year. That’s because the Amex EveryDay Preferred Credit Card offers more rewards than Amex EveryDay, from a higher initial bonus to more everyday earning opportunities.
In addition to annual membership costs, there are several other types of fees you should take into account with Amex EveryDay and Amex EveryDay Preferred. Let’s see how they compare below.
Here’s are the Amex EveryDay annual fees:
Annual fee: Amex EveryDay doesn’t have an annual fee. The Preferred version charges $95.
Foreign transaction fee: When you buy something in another country or from an internationally based merchant, both EveryDay and EveryDay Preferred tack on a surcharge equal to 2.7% of the total amount.
Late payment fee: If your payment to either card is late or returned, you could be hit with a $38 fee.
Overlimit fee: Neither card charges fees for spending over your credit limit.
Balance transfer fee: Transferring a balance to your Amex Everyday card costs $5 or 3% of the balance, whichever is greater. The fee is the same for both Amex EveryDay and Amex Preferred
Cash advance fee: If you use either Amex EveryDay card to get cash, you’ll pay $5 or 3% of the cash advance amount, whichever is greater.
The Amex EveryDay annual fee is $0 for Amex EveryDay, and $95 for Amex EveryDay Preferred. That’s the only difference in fee structure between the two cards. Otherwise, they both charge the same amounts for foreign transactions, late payments, balance transfers, and cash advances.
By the way, there’s a third Amex everyday card you may be interested in: the Blue Cash Everyday Card from American Express. Its fees are the same as the standard EveryDay card’s.