topic Re: AMEX EveryDay vs EveryDay Preferred in Credit Cards

AMEX EveryDay vs EveryDay Preferred

Anonymous — Sun, 21 Feb 2016 01:14:38 GMT

I have had the AMEX EveryDay card for a while now. Love it, enjoy using it, did the 3X CL that many of you have suggested (Got from $2000 to $6000).

I revisited the idea of applying the EveryDay Preferred recently. Concerning the fact that I put around $1500 on the card every month, is it feasible for me to make the switch from the no-fee card to its Preferred counterpart? If so, what steps should I follow in order to perform the PC?

Re: AMEX EveryDay vs EveryDay Preferred

Anonymous — Sun, 21 Feb 2016 01:23:54 GMT

@Anonymous wrote:
I have had the AMEX EveryDay card for a while now. Love it, enjoy using it, did the 3X CL that many of you have suggested (Got from $2000 to $6000).
I revisited the idea of applying the EveryDay Preferred recently. Concerning the fact that I put around $1500 on the card every month, is it feasible for me to make the switch from the no-fee card to its Preferred counterpart? If so, what steps should I follow in order to perform the PC?

Do you put more than 30 charges per month on your ED card now?

Re: AMEX EveryDay vs EveryDay Preferred

Anonymous — Sun, 21 Feb 2016 01:24:46 GMT

And what categories do you spend in and how much?

Re: AMEX EveryDay vs EveryDay Preferred

Anonymous — Sun, 21 Feb 2016 01:31:00 GMT

I'm hitting the 30 charges bonus in almost every statement period (missed once I think). I put a lot of groceries and large charges (i.e. car rental, college book purchase) to the card. Usually I spend around $300 on the groceries and around $500 on dinning out.

Re: AMEX EveryDay vs EveryDay Preferred

Anonymous — Sun, 21 Feb 2016 01:43:15 GMT

@Anonymous wrote:
I'm hitting the 30 charges bonus in almost every statement period (missed once I think). I put a lot of groceries and large charges (i.e. car rental, college book purchase) to the card. Usually I spend around $300 on the groceries and around $500 on dinning out.

Sounds like a change to the EDP would be worthwhile. You're not going to get a ton more value from the EDP vs the ED with your spending habits but if you value MR points at 2.1 cents per point then you'll reap a little over $100 in value each year by switching after you deduct for the AF.

Re: AMEX EveryDay vs EveryDay Preferred

Anonymous — Sun, 21 Feb 2016 01:47:56 GMT

i would app for it though to get the bonus if i were you providing one more HP and an AAoA ding won't hurt you too badly. if you've had the ED for under a year they won't PC you yet, though.