The most valuable benefit of the card is that after making 20 purchases on the
card in a billing period, you will activate a 20 % bonus on all points earned that month.
This is because it has a bonus structure in which making over 20 transactions
in a billing period earns you a 20 % bonus on all of your points.
Suppose in a billing period you make 30 purchases totaling $ 500 and you return a $ 200 item that you purchased in the same or prior billing period.
And you get the opportunity to get 50 % more bonus points just by making 30 or more purchases with the
card in a billing period.
That means if you've earned 1,000
points in a billing period, you'd get another 500 points without having to spend anything extra.
Example:
Suppose in a billing period you make 30 purchases totaling $ 500 and you return a $ 200 item that you purchased in the same or a prior billing period.
Charitable donations earn three points per dollar, and you can earn two points per dollar on cell phone service plus whichever of the following categories you have the highest amount of
spending in each billing period: gas stations, airlines or grocery stores.
For each dollar charged on an eligible purchase
in each billing period on your Amex EveryDay ® Credit Card from American Express, you earn one Membership Rewards ® point.
Cash advances
made in the billing period will not be assessed the daily Interest Charge until after the first of the following month.»
Using the EveryDay Preferred card 30 or more times
in a billing period triggers a whopping 50 percent bonus on points collected in the same month, pushing the earn rate for supermarkets, gas stations and general purchases to 4.5:1, 3:1 and 1.5:1, respectively.
But here's the kicker: if you make 20 or more purchases with your
card in a billing period, you'll get 20 % extra points on those purchases (less returns and credits).
For any given account, the interest charged is equal to the card's periodic rate multiplied by the average daily balance and number of
days in a billing period.
You will earn two points per dollar on cell phone service as well as whichever of the following categories you have the highest amount of
spending in each billing period: gas stations, airlines or grocery stores.
That means if you've earned 1,000
points in a billing period, you'd get another 500 points without having to spend anything extra.
Additionally, making at least 30 transactions
in a billing period earns a 50 percent multiplier on all points accumulated that month.
We do this for each day
in the billing period, including the statement / closing date.»
3 Your premium is based on your age at the time of billing, your average balance, and the number of days
in the billing period, less any applicable discounts.
Plus, if you make 20 or more purchases
in a billing period, you'll earn 20 % additional reward points on those purchases (less returns and credits).
But here's the kicker: if you make 20 or more purchases with your card
in a billing period, you'll get 20 % extra points on those purchases (less returns and credits).
Look: if you make 30 or more purchases with this card
in a billing period, you will get 50 % more points on those purchases (less returns and credits).
If you use your card 20 or more times on purchases
in a billing period, you will earn 20 % more points on those purchases (less returns and credits).
Once you've got that done, add up all the daily balances and then divide by the number of days
in the billing period.
The final step is to multiply your average daily balance by your daily rate, and then multiply that result by the number of days
in the billing period.
But that's not all: if you make 20 or more purchases
in a billing period, you get 20 % more points on those purchases (less returns and credits).