Amex Everyday Credit CardUpdated: June 14, 2018

Sometimes, change can be a good thing, especially when it comes to a credit card getting new or updated features that make it an even more attractive offer to consider. The Amex EveryDay Credit Card from American Express (a NextAdvisor advertiser) has just been updated with some dazzling new features that make it a powerhouse balance transfer credit card, including a 15-month 0% intro APR opportunity and a $0 balance transfer fee, that also earns solid, ongoing rewards. Keep reading to learn more about the details of this card’s updated features plus get a refresher on what’s staying the same so you can decide if it’s the right card for you.

This card is a balance transfer seeker’s new best friend

Those who are on the hunt for the perfect credit card to transfer a balance will be happy to note that the Amex EveryDay Credit Card now sports an attractive 15-month 0% intro APR on balance transfers requested in the first 60 days of account opening (then it’s 14.74% to 25.74% variable) as well as a $0 balance transfer fee for transfers made within the same 60-day period. You’ll also get a 15-month 0% intro APR on purchases (then it’s 14.74% to 25.74% variable). The 0% intro APR period has been extended from its previous 12 months, and we shouldn’t have to spell out for you why the $0 intro balance transfer fee is a huge deal, as it can allow you to transfer your balance for free! Note that the balance transfer must be requested in the first 60 days for you to get the 0% intro APR and pay no balance transfer fee. On top of these phenomenal new features, the perks that have made Amex EveryDay Credit Card a great pick for a rewards credit card will remain.

Come for the balance transfer, stay for the rewards

Sometimes, a balance transfer credit card is just a means to an end — a credit card you use to consolidate your debt and escape high interest payments on other cards, but don’t have much use for the card when the balance is paid down. The Amex EveryDay Credit Card, on the other hand, is one that will get plenty of exercise outside your wallet for years to come. For starters, you don’t have an annual fee to worry about, and you can earn American Express Membership Rewards points when you use it for purchases. These can be redeemed for a whole host of great rewards, like travel, entertainment, dining, merchandise and online shopping, as well as transferred to participating travel reward programs or used to pay off eligible charges on your monthly statement.

Points are earned at a rate of 2 points per $1 on up to $6,000/year at U.S. supermarkets and 1 point per $1 on everything else. Plus, you can earn 20% more points each billing period by making 20 or more purchases with your card — something that’s pretty easy to do if you use it as your primary card. On top of that, there is a special intro bonus offer of 10,000 Membership Rewards points that you can earn after you spend up to $1,000 on purchases with your card within the first 3 months of opening your account. The value of the bonus varies depending on how you redeem it, but when redeemed for travel through American Express Travel, which gives you the most value, it’s worth $100! Note that if you take this card with you on travels outside the U.S., you will have to pay foreign transaction fees of 2.7%, which means this isn’t the best card for overseas travel.

Other perks of the Amex EveryDay Credit Card include a number of American Express cardholder benefits, including roadside assistance, car rental loss and damage insurance, travel accident insurance and more! It’s also worth noting that American Express was rated best for customer satisfaction by J.D. Power in 2017.

How does it compare to other balance transfer credit cards?

The big question on your mind right now is probably whether or not the Amex EveryDay Credit Card has any competition. Currently, the card there are no other cards on the market that offer all three perks — a long 0% intro APR, no balance transfer fee and ongoing rewards — making Amex EveryDay Credit Card the best option for that combination. It’s important to know that the Amex EveryDay Credit Card requires good to excellent credit for approval, which means people with credit scores below 700 will may want to consider other options.

Fortunately, the Discover it Balance Transfer card is an attractive alternative for those with average credit (typically considered to be credit scores of 670 or higher), offering that winning combo of a lengthy 18-month 0% intro APR on balance transfers with the opportunity to earn ongoing rewards in the form of 5% cash back in rotating categories every quarter its activated and 1% cash back on everything else. You will have to pay a balance transfer fee with this card (3% of the total amount transferred), but the 0% intro APR period is longer, which could be worth it if you want more time to pay down your balance before the interest-free period ends.

Is the Amex EveryDay Credit Card right for you?

If you’re looking for a balance transfer card that makes sense to keep in your wallet long after the 0% intro APR expires, the Amex EveryDay Credit Card is perfect for you. It’s one of the only cards we’ve seen that combines a long 0% intro APR and $0 balance transfer fee with generous ongoing rewards.

Click here to apply for the Amex EveryDay Credit Card from American Express, and visit our Amex EveryDay Credit Card from American Express review to learn more about the card. Also, head over to our balance transfer credit cards reviews to see how it compares to other top-rated balance transfer credit cards. While you’re there, take our free Balance Transfer Calculator for a spin to see a tailored list of the best cards for your needs.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.