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*This offer is twice the normal bonus of 15k.
American Express has made a lot of noise recently with the revamping of both the Green and Gold card that resulted in us adding both cards to our wallet. A card I’ve long had my eye on has been the Amex Everyday Preferred card, and as I was perusing my referral offers, noticed it was at, what I believe to be, it’s highest ever offer: 30k Membership Rewards after spending $2k in 3 months.
It’s worth noting that the card comes with an annual fee of $95 and it isn’t waived the first year with this offer. Also, unfortunately, if you’ve ever had this card before in your life you can’t get the sign up bonus again. Mega bummer.
The card comes with great benefits like travel insurance, lost baggage coverage, car rental loss and damage insurance, and roadside assistance. You can read more about those benefits here, but those bennies aren’t the reason I like the card so much.
Why I think the Everyday Preferred card is so great
It earns multiple Membership Rewards per dollar spent.
- 3x points on all U.S. grocery store purchases up to $6,000 in a year
- 2x on all U.S. gas purchases
- 1x on all other purchases
- 50% bonus on all points if you spend 30 times on the card in a month.
- $95 annual fee
Interested? You can use a referral link here and whomever is referring you will earn bonus points as well.
With this earning structure you can earn 4.5x points on all grocery store purchases and 3x on gas!
As long as you spend 30 times in a month, you’ll get a 50% bonus on all points earned….including the bonus categories. That means if you maxed out your grocery spend for the year you’d be racking up 27,000 MR every year
- 3* 6000= 18000 + (0.50*18000) = 27000MR
If you put 50 a week in gas you’d end up earning this:
- 50*52= $2600/year in gas purchases
- 2600*2 + 2600 bonus= 7800 MR
Between these two categories you’d be earning 34,800 MR every year and spending $700/month
That’s an incredible earn rate for points that are so valuable. In fact, if you just spent money on groceries and gas, and made sure you hit 30x per month, you’d earn almost 65,000MR your first year. That’s incredible.
- 30k Membership Rewards after hitting $2k Minimum Spend
- 34,800 by maxing out bonus categories
Why are Membership Rewards so valuable? The Transfer Partners
American Express has some of the very best transfer partners around. In fact, I used Membership Rewards to transfer to Aeroplan to fly on Lufthansa First Class earlier this year as well as the new Virgin Atlantic Upper Class on the A350. Both of these flights incurred heavy fuel surcharges and fees, but they are impressive ways to utilize your points.
Lufthansa First Class for 70k points
Virgin Atlantic Upper Class for 47.5k points.
Referrals + How our site works
In addition to earning a fantastic welcome bonus you can earn referral bonuses, up to 55k per year, on this card. The best part, is you don’t even have to refer to the Amex Everyday Preferred card. You can actually refer to ANY Amex card. This means, that in your first 12 months of card membership, you can refer people and earn 55k points in 2019, and then another set of 55k points in 2020. Add that to your welcome offer, and your category bonuses, and you’ve earned yourself a heap of points and spent just $95 on annual fees.
Here’s how it works with our site:
Referral offers is how I make upwards of 500k points a year, but it’s also how I can help you out. Since I’m constantly trying to use points on my travel for the site, I cycle through my referrals first, and usually very quickly I max out. I then work my friends and family through the site, and finally, I start adding your links to the body of my referal posts.
I leave them up for a few weeks and then cycle in another one. My Amex Gold card referral gets hit pretty hard every month so you should also leave links, for the Amex Gold, on that post as well.
Additionally, you can leave links on these posts:
- American Express Platinum
- American Express Green Card
- American Express Gold Card
- American Express Business Gold
Also…don’t leave the numerical value of your referral. These change all the time and if you’ve left a number that is below the best referral offer currently available, people won’t use your link. Just a bit of advice.
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers
A Monkey Miles favorite for small business owners who want triple points on valuable categories + free mobile phone insurance. Enjoy an all time high sign up bonus as well!
♥ Earn 80k Bonus Points after $5k Spend in 3 months
♥ 3x on travel, mobile phone, internet, cable, social media advertising, and shipping
♥ Earns some of the most valuable points in the industry