There are around 30 million credit cards in circulation across India today. Hence, choosing which credit card is best suited for you is an arduous task. If only we could get a credit card that could tend to every sphere of our life including shopping, travel, food and stays. Fortunately, these prayers have been answered by the American Express Everyday Spend credit card. There are many reasons that we can give you for why we think it should be your next credit card. Read on to find out-
Anyone who likes the urban life. If you are a person who spends a lot of time and money on shopping, traveling or dining (basically everything) then you can benefit from the American Express Everyday Spend credit card. They are wholesome cards that include benefits from all walks of life and hence are suitable for every individual.
The eligibility criteria for the American Express Everyday Credit card are-
⇒ You should have a Personal Annual Income of 4 Lakhs and above.
⇒ Also, you must have an existing Credit Card member of any bank
⇒ As defined under the Income Tax Act of India, you should be a resident of India.
A lot of credit cards have welcome bonuses. But often, they have a certain condition to avail it. Hence, you need to understand the terms carefully before you get enticed by them. In the case of American Express Everyday Spend credit card, you get a welcome gift of ₹500. But the only condition attached to this is that you can avail this gift after spending ₹10,000 in first 3 months. So if you are a person who uses their credit card for every expense, this will be a cake-walk for you. And even if you use your credit card semi-regularly, even then you can get to the gift. Also, this goes without saying that if you are getting a card with such benefits, you will definitely be able to avail the welcome bonus.
American Express offers the best membership rewards hence these cards are always in demand. Since it might be difficult to comprehend 10X and 5x points offered by this card, we’ll break it down for you. With the Amex Everyday Spend credit card, you can earn up to 500 Membership Rewards points per month on Flipkart and Ola and up to 250 Membership Rewards points per month on spends on partners like PVR, BMS, Big Bazaar, D-Mart, Uber, Amazon, and Shopclues. So from shopping to movies and from online expenses to travel, you can earn points on basically every spend.
When we say that there is a sea of redemption options available with the American Express Everyday Spend card, we are being absolutely serious. Firstly, you can choose to pay off your expenses with your membership reward points. The conversion rate followed for points earned by using Amex Everyday Spend a case-
|1000 Membership Rewards Points = Rs. 250|
The steps that you need to follow to redeem your reward points are-
⇒ Log in to ‘Your Account’ page
⇒ Click on the link ‘Pay your Card charges with Points’
⇒ Select eligible transactions
⇒ Your Points redemption will be confirmed
Then, you can also choose to redeem your membership points collected on American Express Everyday Spend credit card for over 500 carefully crafted reward options across categories like-
|Asia Miles||20 Membership Rewards Point = 10 Asia Miles|
|British Airways Executive Club||2 Membership Rewards Point = 1 Avios|
|Emirates Skywards||2 Membership Rewards Point = 1 Skywards mile|
|Etihad Guest||2 Membership Rewards Point = 1 Etihad Guest mile|
|Finnair Plus||2 Membership Rewards Point = 1 Finnair Plus point|
|JetPrivilege||2 Membership Rewards Point = 1 JPMile|
|Qatar Privilege Club||2 Membership Rewards point = 1 Qmile|
|Singapore KrysFlyer||2 Membership Rewards Point = 1 KrisFlyer mile|
|Virgin Atlantic Flying Club||2 Membership Rewards Point = 1 Flying Club mile|
|Hilton Honors||1000 Membership Rewards Point = 900 Hilton Honors point|
|Starwood Preferred Guest||1 Membership Rewards Point = 1 Starpoints|
|Allen Solly||INR 1000 for 4,000 points|
|Amazon E-Gift Voucher||Starting from INR 500 in 1,900 points till INR 2000 in 7,600 points|
|American Express Domestic Travel E-Gift||INR 1000 for 3,000 points|
|Big Bazaar E-Gift Card||INR 1000 for 4,000 points|
|Bluestone E Gift Voucher||INR 2000 for 8,000 points|
|Bobbi Brown E Gift Voucher||INR 1000 for 4,200 points|
|Chumbak E -Gift Voucher||INR 1000 for 4,000 points|
|EazyDiner E-Gift Voucher||INR 500 for 2,000 points|
|Flipkart E-Gift Voucher||INR 1000 for 4,200 points|
|GAP Gift voucher||INR 1000 for 4,000 points|
|Lifestyle Gift Card||
INR 500- 1,600 points
INR 1000- 3,300 points
INR 2000- 6,600 points
|Louis Philippe Gift Card||INR 1000 for 4,000 points|
|MAC E Gift Voucher||INR 1000 for 4,200 points|
|Marks & Spencer E-Gift Voucher||INR 1000 for 4,200 points|
|Myntra E Gift Voucher||INR 1000 for 4,000 points|
|NYKAA E-Gift Voucher||INR 1000 for 4,000 points|
|Oberoi Gift Card||INR 5000 for 20,000 points|
|Pantaloons E – Gift Voucher||INR 1000 for 4,000 points|
|Pepperfry E – Gift Voucher||INR 1000 for 4,000 points|
|Peter England Gift Card||INR 1000 for 4,000 points|
|Pine Perks E-Gift Voucher||INR 1000 for 4,000 points|
|Reliance Gift card||INR 1000 for 4,800 points|
|Shoppers Stop Gift Card||
Rs. 500 1,600 points
Rs. 1000 3,300 points
Rs. 2000 6,600 points
|Tanishq Gift Voucher||INR 1000 for 4,000 points|
|Van Heusen Gift Card||INR 1000 for 4,000 points|
|Westside Gift Card||INR 500 for 1,700 points|
|Yatra E-Gift Voucher||INR 2000 for 8,000 points|
|Shop for electronics|
|Buy luxury items|
|Shop for experiences|
|Donate to charity|
|Related Article: Pros & Cons of Using Credit Cards|
EMI- Use your American Express Everyday Spend card for your next big purchase and turn it into easy EMIs. Also, the interest rate is as low as 12% p.a.. Additionally, refundable processing fee and no foreclosure charges are other attractive deals that come with it.
Mobile App- As a working professional in the 21st century, we understand that you are always on-the-go. So, the mobile app from American Express can be the perfect solution for you to view card transactions, pay bills, access the PDF statements and redeem your rewards points.
American Express EPAY- Utility bill payments such as mobile, electricity, insurance premiums can be done using EPay. If you enroll now, you can also get 5% cashback on bill payments. One thing to note is that the maximum cashback that you can receive through this scheme is ₹ 750 per Card.
American Express ezeClick- You are assigned one unique ID to shop quicker at over 9,000 websites. Hence, you do not have to enter your card details or fill up any lengthy online forms.
24×7 Card Related Assistance- Any American Express Everyday Spend user can call the helpline numbers on the back of their card for any card-related queries if they need any assistance.
|First Year Fee||Rs.495|
|Annual Fee||Rs.495 (waived off on spending ₹39,999 in a Card Membership year)|
|Welcome Bonus||Welcome gift of INR 500 on spending INR 10,000 in first 90 days|
|Major Benefits||Earn up to 10X Membership Rewards points and easily redeem those points across a plethora of options|
|Related Article: Review of the ICICI Jet Coral Credit Card|
This Amex credit card truly lives up to its name. Because it is definitely a credit card that you can use in your everyday life. The best part is- the more you spend, the more you save by redeeming rewards. Also, if there is anything else that you wish to know about the American Express Everyday Spend credit card, do let us know in the comments section below. Until next time!
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