Chase Freedom vs Amex EveryDay: which should I get?
Choosing between Chase Freedom® and Amex EveryDay comes down to whether you want extra rewards at supermarkets or in categories that change every 3 months. Amex EveryDay offers 2 points per $1 spent on travel booked through amextravel.com and at supermarkets (up to $6,000 per year), and 1 point per $1 spent on all other purchases. And Chase Freedom gives 5% cash back, up to a preset amount spent every quarter in certain categories. But you will have to sign up every 3 months to receive the bonus. You'll get 1% back on all other purchases.
Chase Freedom Vs. Amex EveryDay: How They Compare
Card | Chase Freedom | Amex EveryDay |
Initial Bonus | $200 after spending $500 within the first 3 months. | 10,000 points after spending $2,000 in the first 6 months |
Ongoing Rewards | 5% cash back, up to a preset amount spent every quarter in certain categories. You must activate categories every 3 months. 1% back on all other purchases. | 2 points per $1 spent on travel booked through amextravel.com and at supermarkets (up to $6,000 per year), and 1 point per $1 spent on all other purchases. Points worth varies based on how you redeem them. |
Purchase Intro APR | 0% for 15 months | 0% for 15 months |
Regular APR | 14.99% - 23.74% (V) | 13.74% - 24.74% (V) |
Annual fee | $0 | $0 |
Foreign transaction fee | 3% of each transaction in U.S. dollars | 2.7% |
Credit score required | 700+ (good credit or better) | 700+ (good credit or better) |
It's worth noting that Chase Freedom is available to new customers only through in-person applications at Chase branches. It's also a good idea to call your local Chase branch and schedule an appointment, while ensuring you have all the necessary documentation.
If you'd rather apply online, Chase Freedom Flex℠ is Chase's newer offering that offers similar rates and rewards. Alternatively, if you'd rather not worry about revolving rewards categories, the Chase Freedom Unlimited® makes for an excellent option.
