topic Re: New American Express credit card? in Credit Cards

New American Express credit card (confirmed Amex EveryDay Card)

scenery_guy — Sun, 02 Mar 2014 19:58:10 GMT

Just caught a newsworthy item on Facebook of all places. Gary Leff - a points and miles travel blogger who's been all over the news talking about the Delta changes this week just commented on a Facebook post link: "@Larry Smith there's a couple of new American Express cards launching very soon that look really compelling. They'll be better cards for earning Delta miles than the one you have, and have more flexibility to transfer points to other programs too."

He is Gary Leff on Facebook. I won't link the post here due to whatever but it's a pretty solid tip from him that is as reliable as many of his past posts.

Anyone else hearing rumors?

Mods fell free to move as needed. I know this is speculation but it's about a new amex card to two...

Re: New American Express credit card?

icetrap06 — Sun, 02 Mar 2014 05:23:47 GMT

Yeah, I just saw the post about this one for frequent spenders.

http://techcrunch.com/2014/03/01/amex-debuts-its-most-mobile-integrated-rewards-focused-credit-card/

New Amex Everyday will be available in April!!!!!

Ron1 — Sun, 02 Mar 2014 05:24:10 GMT

AmEx has offered a number of different cards to consumers: The Blue Card appeals to those who like cash back options and the Platinum card is specialized for consumers who travel. There’s even a Black Card for high net-worth individuals. Today, the company is debuting a brand new rewards-focused credit card, called Everyday, aimed at the consumer who uses AmEx for most of the everyday purchases.

The card itself doesn’t have a yearly fee, and allows for a revolving balance. Users will get double reward points at supermarkets, and if a Everyday card member uses the card for 20 purchases or more in a given month, AmEx will boost the consumer’s bonus points by 20 percent.

The card will be available for consumers to apply by April 2, 2014, and will also contain an EMV chip.

link:

http://techcrunch.com/2014/03/01/amex-debuts-its-most-mobile-integrated-rewards-focused-credit-card/

Ron.

Re: New American Express credit card?

Anonymous — Sun, 02 Mar 2014 05:24:58 GMT

More details here: http://thepointsguy.com/2014/03/american-express-introduces-new-everyday-cards-with-20-50-bonuses-and-full-membership-rewards-earning/

Re: New Amex Everyday will be available in April!!!!!

sailor_mercury — Sun, 02 Mar 2014 05:27:32 GMT

@Ron1 wrote:
AmEx has offered a number of different cards to consumers: The Blue Card appeals to those who like cash back options and the Platinum card is specialized for consumers who travel. There’s even a Black Card for high net-worth individuals. Today, the company is debuting a brand new rewards-focused credit card, called Everyday, aimed at the consumer who uses AmEx for most of the everyday purchases.

The card itself doesn’t have a yearly fee, and allows for a revolving balance. Users will get double reward points at supermarkets, and if a Everyday card member uses the card for 20 purchases or more in a given month, AmEx will boost the consumer’s bonus points by 20 percent.

The card will be available for consumers to apply by April 2, 2014, and will also contain an EMV chip.

link:

http://techcrunch.com/2014/03/01/amex-debuts-its-most-mobile-integrated-rewards-focused-credit-card/

Ron.

BUT.... BUT.... BUT..... I'm not supposed to be APPING!!!!!! It might have to go on the short list of things I want after the Util is 1% and I have a mortgage My score is kind of FUBAR right now because of new accts and Util

Thanks for sharing

Re: New American Express credit card?

Anonymous — Sun, 02 Mar 2014 05:27:56 GMT

Just in case the site isn't loading or loading slow:

EveryDay Credit Card (No Annual Fee)

Sign-up bonus: 10,000 points when you spend $1,000 in 90 days
Earning: Earn 2x Membership Rewards points at U.S. supermarkets (not including warehouse stores like Costco), on up to $6,000 per year on purchases (then 1x); and 1x points on all other purchases.
Spending Bonus: Use the Card to make 20 or more purchases in a billing period and earn 20% extra points on all those purchases less returns and credits.
App: A digital counter in the Amex Mobile app helps keep track of each qualifying purchase for the bonus, so Card Members always know when they’re close to earning 20% extra Membership Rewards points.
Other features: The Card will also come with smart chip technology and a 0% introductory rate on purchases and balance transfers for the first 15 months.
EveryDay Preferred Credit Card ($95 annual fee)

Sign-up bonus: 15,000 points when you spend $1,000 in 90 days
Earning: Earn 3x Membership Rewards points at U.S. supermarkets (not including warehouse stores like Costco), on up to $6,000 per year on purchases (then 1x); 2x on US standalone gas stations; and 1x points on all other purchases.
Spending Bonus: Use the Card to make 30 or more purchases in a billing period and earn 50% extra points on all those purchases less returns and credits.
App: A digital counter in the Amex Mobile app helps keep track of each qualifying purchase for the bonus, so Card Members always know when they’re close to earning 50% extra Membership Rewards points.
Other features: The Card will also come with smart chip technology and a 0% introductory rate on purchases and balance transfers for the first 15 months.
Annual fee: $95

Re: New Amex Everyday will be available in April!!!!!

Creditaddict — Sun, 02 Mar 2014 05:28:25 GMT

@Ron1 wrote:
AmEx has offered a number of different cards to consumers: The Blue Card appeals to those who like cash back options and the Platinum card is specialized for consumers who travel. There’s even a Black Card for high net-worth individuals. Today, the company is debuting a brand new rewards-focused credit card, called Everyday, aimed at the consumer who uses AmEx for most of the everyday purchases.

The card itself doesn’t have a yearly fee, and allows for a revolving balance. Users will get double reward points at supermarkets, and if a Everyday card member uses the card for 20 purchases or more in a given month, AmEx will boost the consumer’s bonus points by 20 percent.

The card will be available for consumers to apply by April 2, 2014, and will also contain an EMV chip.

link:

http://techcrunch.com/2014/03/01/amex-debuts-its-most-mobile-integrated-rewards-focused-credit-card/

Ron.

Not sure that's really a good deal though

Re: New Amex Everyday will be available in April!!!!!

Ron1 — Sun, 02 Mar 2014 05:30:24 GMT

@Creditaddict wrote:
@Ron1 wrote:
AmEx has offered a number of different cards to consumers: The Blue Card appeals to those who like cash back options and the Platinum card is specialized for consumers who travel. There’s even a Black Card for high net-worth individuals. Today, the company is debuting a brand new rewards-focused credit card, called Everyday, aimed at the consumer who uses AmEx for most of the everyday purchases.

The card itself doesn’t have a yearly fee, and allows for a revolving balance. Users will get double reward points at supermarkets, and if a Everyday card member uses the card for 20 purchases or more in a given month, AmEx will boost the consumer’s bonus points by 20 percent.

The card will be available for consumers to apply by April 2, 2014, and will also contain an EMV chip.

link:

http://techcrunch.com/2014/03/01/amex-debuts-its-most-mobile-integrated-rewards-focused-credit-card/

Ron.
Not sure that's really a good deal though

It was like Blue from American Express with smart chip about 10 years ago. Remember that one?

Ron.

Re: New American Express credit card?

Rhaeny — Sun, 02 Mar 2014 05:31:19 GMT

Well it sounds good but since I've just gotten my cards I'm not up on all the benefits yet.

But there are more than enough ppl here that will give their analysis, so I'll just wait on the various viewpoints to post

Re: New Amex Everyday will be available in April!!!!!

Ron1 — Sun, 02 Mar 2014 05:32:44 GMT

@sailor_mercury wrote:
@Ron1 wrote:
AmEx has offered a number of different cards to consumers: The Blue Card appeals to those who like cash back options and the Platinum card is specialized for consumers who travel. There’s even a Black Card for high net-worth individuals. Today, the company is debuting a brand new rewards-focused credit card, called Everyday, aimed at the consumer who uses AmEx for most of the everyday purchases.

The card itself doesn’t have a yearly fee, and allows for a revolving balance. Users will get double reward points at supermarkets, and if a Everyday card member uses the card for 20 purchases or more in a given month, AmEx will boost the consumer’s bonus points by 20 percent.

The card will be available for consumers to apply by April 2, 2014, and will also contain an EMV chip.

link:

http://techcrunch.com/2014/03/01/amex-debuts-its-most-mobile-integrated-rewards-focused-credit-card/

Ron.
BUT.... BUT.... BUT..... I'm not supposed to be APPING!!!!!! It might have to go on the short list of things I want after the Util is 1% and I have a mortgage My score is kind of FUBAR right now because of new accts and Util

Thanks for sharing

I don't know they will let us to pc. I like my Blue Cash Everyday with EMV. I haven't used EMV since I got it.

Ron.

Re: New Amex Everyday will be available in April!!!!!

Anonymous — Sun, 02 Mar 2014 05:33:29 GMT

@Creditaddict wrote:
Not sure that's really a good deal though

Right. Need to know things like "What are reward points?" If these are like say BC[X] reward dollars, then this card is 2% in supermarkets, and depending whether the 20% is on base or all, either 2.2 and 2.4 in supermarkets and 1.2 elsewhere. So not as good as even BCE for supermarkets. And may be a cap? Or not.

But really doesn't look all that exciting! Combination of credit card and reward checking.

But maybe there will be some good features.

Re: New American Express credit card?

Anonymous — Sun, 02 Mar 2014 05:33:36 GMT

The preferred seems like a good deal. With 30 purchases each month its essentially 1.5MR per dollar for non-bonus category spending.

For those who can make good use of MR points, this is an even better card than fidelity Amex.

Re: New Amex Everyday will be available in April!!!!!

Anonymous — Sun, 02 Mar 2014 05:34:35 GMT

Details of the card according to TPG:

EveryDay Credit Card (No Annual Fee)

Sign-up bonus: 10,000 points when you spend $1,000 in 90 days
Earning: Earn 2x Membership Rewards points at U.S. supermarkets (not including warehouse stores like Costco), on up to $6,000 per year on purchases (then 1x); and 1x points on all other purchases.
Spending Bonus: Use the Card to make 20 or more purchases in a billing period and earn 20% extra points on all those purchases less returns and credits.
App: A digital counter in the Amex Mobile app helps keep track of each qualifying purchase for the bonus, so Card Members always know when they’re close to earning 20% extra Membership Rewards points.
Other features: The Card will also come with smart chip technology and a 0% introductory rate on purchases and balance transfers for the first 15 months.
EveryDay Preferred Credit Card ($95 annual fee)

Sign-up bonus: 15,000 points when you spend $1,000 in 90 days
Earning: Earn 3x Membership Rewards points at U.S. supermarkets (not including warehouse stores like Costco), on up to $6,000 per year on purchases (then 1x); 2x on US standalone gas stations; and 1x points on all other purchases.
Spending Bonus: Use the Card to make 30 or more purchases in a billing period and earn 50% extra points on all those purchases less returns and credits.
App: A digital counter in the Amex Mobile app helps keep track of each qualifying purchase for the bonus, so Card Members always know when they’re close to earning 50% extra Membership Rewards points.
Other features: The Card will also come with smart chip technology and a 0% introductory rate on purchases and balance transfers for the first 15 months.
Annual fee: $95

(Posted this in another thread).

Overall the preferred seems like a good card.

Re: New Amex Everyday will be available in April!!!!!

Anonymous — Sun, 02 Mar 2014 05:37:33 GMT

Oh thanks, didn't realize it was MR rather than cash back. So, doesn't the preferred poach on the PRG?

Re: New Amex Everyday will be available in April!!!!!

Anonymous — Sun, 02 Mar 2014 05:39:36 GMT

It does cannibalize the PRG for the most part. But this preferred card has no bonus spending for travel. So for those who have a lot of travel expenses the PRG will be a better card.

But if used correctly this preferred card is essentially 1.5MR base for non-bonus category spending. And if you can milk a good ccp value out of MR, then this card is much better than fidelity Amex.

Re: New Amex Everyday will be available in April!!!!!

Kenny — Sun, 02 Mar 2014 05:41:13 GMT

April 2nd is me birfday!

LOL, the card doesn't sound amazing though for small spenders like me-- maybe the Delta G I have can be PC'd to this after the 13 months has passed so I can get rid of that one for this.

Re: New Amex Everyday will be available in April!!!!!

Ron1 — Sun, 02 Mar 2014 05:40:18 GMT

@Anonymous wrote:
@Creditaddict wrote:
Not sure that's really a good deal though
Right. Need to know things like "What are reward points?" If these are like say BC[X] reward dollars, then this card is 2% in supermarkets, and depending whether the 20% is on base or all, either 2.2 and 2.4 in supermarkets and 1.2 elsewhere. So not as good as even BCE for supermarkets. And may be a cap? Or not.

But really doesn't look all that exciting! Combination of credit card and reward checking.

But maybe there will be some good features.

It 's pretty much like Blue Cash Everyday and Preferred with EMV. It gives you MR points instead of cash back. It let you know when you earn near extra 20% bonus.

Ron.

Re: New Amex Everyday will be available in April!!!!!

Anonymous — Sun, 02 Mar 2014 05:41:09 GMT

The preferred bonus is 50%. Regular card with no AF is 20%

Re: New Amex Everyday will be available in April!!!!!

Anonymous — Sun, 02 Mar 2014 05:42:17 GMT

@Anonymous wrote:
It does cannibalize the PRG for the most part. But this preferred card has no bonus spending for travel. So for those who have a lot of travel expenses the PRG will be a better card.

But if used correctly this preferred card is essentially 1.5MR base for non-bonus category spending. And if you can milk a good ccp value out of MR, then this card is much better than fidelity Amex.

Yes, with the restriction that you have to use it for 30 purchases a month, i.e. those you don't want to make on another card because of better rewards. So I wonder if we will see old Chase Freedom type behaviour, splitting a transaction into 2 or 3!

Re: New Amex Everyday will be available in April!!!!!

Ron1 — Sun, 02 Mar 2014 05:43:07 GMT

@Anonymous wrote:
Oh thanks, didn't realize it was MR rather than cash back. So, doesn't the preferred poach on the PRG?

I got full MPR points with my Zync Amex when the account is tied to Amex PR Gold. It just another Blue Amex with bonus. I already have EMV chip on my Blue Cash Everyday.

Ron.