Say Goodbye to the Gold Card: Amex Green Card & Everyday Preferred Setup

[@elguapo503]

I've been preaching this setup lol! Most people would probably get more points from everyday spend if they had this setup.

[@Spend.Earn.Travel.]

Agreed! I was I had found this setup sooner!

[@tmad1665]

I am glad you are covering the everyday preferred card. Nobody talks about the EPC and it could be a game changer for many people. I have the gold and EP set up. The 50% bonus is amazing! Thanks for sharing!

[@fray3dendsofsanity]

They need to refresh the Everyday Preferred. Modernize the design, give it some sort of grocery or gas credit to offset the annual fee. Maybe a streaming credit and add that as a multiplier. Drop the 30 transaction requirement down to maybe 20? BOOM, perfect pair with the Green. A pro tip I learned from Amex subreddit: If you aren't in a rush to get the EDP, sign up for the Amex Everyday first, because the upgrade offer from Everyday to Everyday Preferred that gets targeted to some people is sometimes as high as 40,000 points! Better than the public sign-up offer

[@Spend.Earn.Travel.]

A new design would be cool. And the credits would also be helpful! That’s good to know!

[@Th33Vultur3]

That's what's keeping me from upgrading to the EveryDay Preferred. My upgrade bonus is the same as the public offer at 15,000 points, but for $1000 spend instead of $2000 in 6 months.

[@danniesingletary4630]

Green Card and Blue cash everyday or Blue cash preferred!!

[@marilynmoreno5618]

you made this very clear for me to see why I need the green card, everyone else was just throwing in the clear and perks, but this visual example was so helpful! thank you!

[@Spend.Earn.Travel.]

Glad it was helpful!!

[@Litmanovich]

as a family we only have to remember to swipe the cards 60 times a month and BAM! look at all these rewards! much much much easier than the coupon route!....

[@devlin76]

Great video. There are a lot of interesting combinations to make in the AMEX portfolio. People are not creative enough. The EveryDay Preferred Card has the same weakness as the Blue Cash Everyday, the 6k annual cap on groceries. As long as the card fits your lifestyle, then it is a good card.

[@Spend.Earn.Travel.]

Agreed. It would be cool if Amex offered another Everyday card with a bit higher annual fee and with no cap or a higher cap. But I guess that gets a little close to what the Gold Card offers.

[@LK_EBM]

Appreciate you sharing your personal "earnings" with this set up. Super helpful to take the theoretical and make it practical!

[@Spend.Earn.Travel.]

Glad it was helpful!

[@raulpalma9768]

This is awesome! just subscribed! loved how easy to follow this was and was easy to understand! loved the examples!! credit cards can be overwhelming and its hard to choose and really understand them so thank you!!!

[@Spend.Earn.Travel.]

Thank you for watching and subscribing!

[@CesarJoel]

Green, Everyday Preferred and Blue Business Plus make a great budget AMEX Trifecta! Tip if you get the regular everyday card you get 10k points and they will offer an additional 25k points to upgrade after year one. Great video and information! Keep up the great work👍

[@devlin76]

Nice tip!

[@CesarJoel]

@@devlin76 it worked great when I did it because if I got the 2 cards separately the total points earned would be 25k combined and instead I got 35k and avoided a new account. It works great for the everyday cards but for the charge cards is better to get them individually and avoid upgrading.

[@santiagosantander212]

If ur lucky like I was, you can sometimes even get a 40k offer to upgrade.

[@CesarJoel]

@@santiagosantander212 that was a great upgrade offer and I agree 💯 is a case by case situation! I think mine was 30k but can’t remember for sure if it was 25k or 30k for the upgrade offer.

[@Th33Vultur3]

Not me, mine was 15k points just like the public offer for $1000 spend instead of $2000 in 6 months.

[@o.c.g.m9426]

I downgraded twice within 2 weeks with Amex. From Platinum to Gold, then & from Gold to Green. Those transit points were key as I don't have a car. Take Uber, Lyft & metronorth a lot. I have Lounge access through Gold status with B.A & business class tix wit other airlines

[@PetsitterTails]

I have a challenge for you. Can you find the best credit card or cards for a single person that shops groceries as a single person, travels as a single person, etc.? Takes trips 1 to 3 times a year of various sizes. Doesn’t use rental cars unless it’s absolutely needed. and loves a nice hotel. OK go!

[@azfox09]

CSP if you don't mind doing curbside pick up orders for your grocery needs?

[@fpapadimitriou10]

I like this setup, however I think there is one thing that you didn’t consider. The “effective annual fee” of both setups. What are the credits of both setups and how do we value them? I think this is something worth mentioning.

[@reubenmorris487]

Annual fee doesn't really matter all that much IF you have an Amex high yield savings account with enough cash to earn $245 in interest payments.

[@fpapadimitriou10]

@@reubenmorris487 those are two different, separate things. Are you saying that when comparing cards, credits do not matter? Because you barely mentioned credits for either cards, which should weigh in the decision.

[@shawn.credit]

I just moved to this setup, I held the Amex Gold for two years a month ago I downgraded the Amex Gold to the Amex Green. I've have the Everyday Preferred for a while now as well, it will definitely see more use for the groceries category unless I'm using my Amex Blue Business Plus.

[@armandoangeljr4464]

It’s crazy I never thought about this set up. My only concern is getting 30 swipes on the EPC that are not groceries or gas. I would get 10-15 swipes for gas/groceries per month. And the rest would have to be “catch-all” purposes. If it was 20 transactions, it would be MUCH more doable! I’d still rather use the Gold for now!

[@Spend.Earn.Travel.]

Same here. I’ve always looked past both of those cards. I agree on the 30 swipes being a lot. But it’s cool it see the potential of those cards!

[@Anthonyjones-pq4ff]

I just got the green card I have the Blue Cash Everyday alone with gold & platinum set up One for travel , food other two for all other uses

[@OfficialChadsMoneyMinutes]

Great stuff I’ve often sung the praises of the green and the EDP…..especially for everyday people!!

[@Spend.Earn.Travel.]

Agreed. It's a setup that isn't talk about enough!

[@DannyAdair]

Nice video, and I appreciate the real-world example from your family’s spending - it puts things in perspective

[@Spend.Earn.Travel.]

Thank you! It was the best way for me to see the value of the setup!

[@WesWesThePupja]

Wouldn’t it be better to pair up the gold card with the BBP? That way you get 4x on restaurants and 4x on groceries and 2x on everything else.

[@daviddickerson495]

I've had the EDP for a few years now and think it is woefully underrated and too often overlooked for AMEX setups. Instead of an AMEX business card, I've built a fairly significant MR point total using EDP, Pt, and Gold. But lately I too have been considering the OG AMEX Green for the reasons you outlined. Just not sure if I would go with the EDP / Green with Pt (getting a reduced AMEX annual fee total) or simply adding Green to my current line-up.

[@magnus1595]

This is a great combo. For the price of the golds annual fee, you get your three top categories covered, gas, groceries, and dining out. And if you go over 30 times on the preferred, you are getting 3 on dining, 4.5 on groceries, and 3 on gas. If the green card added gas to transit, I could see the preferred going away and that would up the green card applicants. Or they may add gas to the gold and be 3s across the board in fuel, food, groceries and travel.

[@Spend.Earn.Travel.]

It's a really great setup. I wish I had known about it sooner!

[@magnus1595]

@Spend.Earn.Travel. it Is. I am really hoping they add gas to the greens 3 percent transportation category.

[@Spend.Earn.Travel.]

@@magnus1595 I would love to see Amex refresh the green card with this wave of updates that they coming!

[@jarrod499]

I mean in your example you had literally 10 the spend on grocery vs restaurants. A card where one of the main perks is high dining reward doesn’t seem like a good fit. Also to hit the 30 transactions a month you’d need to use the card as a catch all. That means doing unbonused spend. I’d like to see this comparison again with more resturant spend and the gold getting the BBP as a sidekick

[@jmbwashi]

Lots of good value here. There is a little bit of lounge access and airport security perks. The green card for me makes the most sense if you don’t have the platinum card and live in a city to take advantage of transit category. The Everyday Preferred is nice but doesn’t have credits to offset the fee very well so I feel like you need to put spend on it to get value. I don’t like cards like that. But if you can get enough value from 4.5x groceries 3x gas and 1.5x everything else. It could compliment the Gold card quite well. Once you hit $6000 groceries you can switch to the Gold and 1.5x on everything else is the best you can get without BBP. While I think there is potentially more value to be had there is a $95 fee and $6k cap and the 30 transactions a month are all things that complicate things. If you want close to the earnings no annual fee and no caps and required transactions to track the Gold(Food-flights) and BBP(everything else) is less of a hassle to manage.

[@jmbwashi]

Loved the video! I really enjoy off mainstream ideas like this. It makes you think and reevaluate your ideas.

[@Spend.Earn.Travel.]

Thank you!

[@Th33Vultur3]

Imagine pairing this duo with the Blue Business Plus since its 2x upto $50,000 a calendar year which you can use on everything else and its a powerful trifecta or trio.

[@ibdam1]

Very informative video. I’m now a new subscriber. Thanks for sharing.

[@Spend.Earn.Travel.]

Thank you for subscribing!!

[@QKioumehr]

Great video. I never understood the appeal of an Everyday Preferred and your video helped me see the potential value in it. I would love to see similar examples when pairing the BBP card WITH THE GOLD CARD. IT’S ALSO GREAT HOW LITTLE YOU GUYS SPEND ON EATING OUT, BUT I DON’T BELIEVE MOST PEOPLE ARE AS DISCIPLINED AS Y’ALL, SO IT WILL BE INTERESTING TO SEE THESE EXAMPLES WITH A HIGHER RATES DINING SPEND. ALSO, YOU TOUCHED ON IT IN THE VIDEO, BUT FOR THE GOLD CARD, IT REALLY DEPENDS ON IF YOU WOULD ORGANICALLY HIT THOSE MONTHLY CREDITS. The Green’s credit are not very valuable for Platinum card holders but would be nice if you don’t have a Platinum. P.S. Sorry, a lot of my comment is in all caps. I used Siri to type this out and must’ve accidentally pushed the capitalize button lol and I’m too lazy to go back and fix it all.

[@Spend.Earn.Travel.]

Thanks for watching. Yes the Gold Card and BBP would also be a great combination. And I would love to see the Green cards credit improved!

[@jamescasteel8990]

Those gold dining and uber credits make the difference imo.

[@fluffywarhampster]

For 90% of people the gold paired with the blue business plus is going to be a better and easier to use setup.

[@gemfire256]

Wow I was already thinking of getting the green card to get my foot wet with Amex and for the clear credit and was looking into the blue cash preferred a few years ago. I also just started looking into the capital venture for the global entry credit and other perks. I’m not sure which I want to try first but this video did great on putting things into better perspective! I did want to originally start with the gold card but they’ve taken away some of the good benefits over the last year or two making it look a little sad now😂

[@JPBuffet]

Haha I agree with this video. I need to see more videos like this.

[@MrHawaiiboy510]

Some might say that sign up bonuses move the needle faster than multipliers unless you’re spending thousands of dollars. It’s better to just hit sign up bonuses

[@Spend.Earn.Travel.]

But don't forget about your year two, three, etc. $10,000 on the Gold car each year at grocery stores and restaurants would earn you 40,000 MR points. And in just two years you would earn more if not almost as much as the sign up bonus. But yes, sign up bonuses are super important!

[@MrHawaiiboy510]

@@Spend.Earn.Travel.who is spending 10k at grocery stores a year? Your average American ain’t spending 10k a year at the grocery store ain’t no way!

[@MrHawaiiboy510]

@@Spend.Earn.Travel. so you’d rather spend 10k than 3 or 4 in 3 months?

[@Spend.Earn.Travel.]

10k over 12 months is only $833. For that’s a pretty fair number for most families. And if you throw in $100 a month for restaurants.

[@Spend.Earn.Travel.]

I would do both. Get the card and the bonus. Then keep the card and earn 40k-50k each year in points.

[@GWL3-i7x]

Great video. What's your opinion on the Everyday Card (Not Preferred) Is it a good intro card to the AMEX MR program? I currently don't have any AMEX cards and am working on a sign up bonus with Chase, so once that's done, I won't have too much more to spend. The welcome bonus offered to me jumped from 10k to 15k with the same spending requirements (2K in 6 months), probably because I've visited the AMEX site a few times recently. I would like to join the MR program so I can earn points and link up my Rakuten account to earn even more. I just don't feel like paying an annual fee at this time. I believe the Everyday card is the only no annual fee card that earns MR points. Since there is no annual fee, do you think this is a good card to start my MR journey and them applying for one of the other MR card (Green/Gold/ Platinum) card in the future?

[@Spend.Earn.Travel.]

You can definitely start out with that card and start earning some MR points. Have you looked at the credits that the Gold Card offers? Would any of them help lower the effective annual fee?

[@RayBarrera]

CSP only gets 3x on groceries online. The markup/fees negate any earnings usually.

[@Spend.Earn.Travel.]

Yes, I misspoken about that. What markup/fees are you referring to?

[@RayBarrera]

@@Spend.Earn.Travel. when ordering groceries online, depending on the store there are sometimes service fees to order online

[@romineckok.9724]

how about Green n Gold cards together... also don't forget AF for 2 EPC cards will be $190 (no credits). 30 swipes every month on EPC is pain. Amex needs to add 3x gas to Green Card.

[@Spend.Earn.Travel.]

30 Swipes is defiantly a hard one to hit. The Green and Gold together would make a good pairing too, but that would be $400 in annual fees. Yes, if there was 3x back at gas stations on the Green Card, that would be awesome!!!

[@LiamRichie825]

This is a really good video because I think it would be good for low spend (me)

[@MaizenBlue81]

How does the gold and platinum not get the 189 clear credit and the green does, makes no sense

[@Spend.Earn.Travel.]

I think the green card is intended to be a Platinum Card lite. But It could really use a refresh

[@Anthonyjones-pq4ff]

By the way I’m All for points 60/40 Cash back .

[@LK_EBM]

The sign up bonus is too weak. My minimum is $500

[@飛向宇宙-o1s]

How do you achieve 30 transactions for amex Everyday Preferred

[@Spend.Earn.Travel.]

It’s not the easiest. But you put the preferred on many of your recurring payments like internet, utilities, to help boost those transactions.

[@nicklovelace4634]

Why do people still use cash or debit. It makes no sense these days not to get a return on every dollar that you spend.

[@Jiggy609]

CSP is online grocery only

[@andersnielsen6044]

Just get a Centurion Black Card already..

[@DavidRodriguez-ou9fy]

Good call! I'll get right on it...likity split!🤪

[@Anthonyjones-pq4ff]

🎉🥂🎊 congrats ballin Lol hey Way to go 👊🏾

[@Doggieman1111]

Who's going to use a credit card every single day? Very few people.

[@Spend.Earn.Travel.]

It may be a lot. But if you stack up some recurring charges it might be enough.

[@invisibleBDK]

#1, it’s not a fair comparison to pit one card up against two separate cards in terms of point earning capabilities. Obviously 2-card setups will be more versatile than 1-card setups. More fair if you compared the Gold + BBP setup, which is far more common, against this one. #2, the Everyday Preferred card forces you to spend 30x a MONTH to get the increased value from it (still assuming dining & transit will go on your Green in this setup and wouldn’t count towards that) which is insane from my perspective. Unless you are already spending money like a crazy person, it will be costing you more to pull that off than the points give you in return. For most people at least; I certainly don’t go shopping every day. Plus it leaves no room for spending on cards outside of this setup. #3, the credits provided on the Green card are more subjective in their usefulness. I believe the credits on the Gold card are much easier to extract real value from. You don’t HAVE TO travel with lounges / Clear, but you do HAVE TO purchase food if you want to eat, and far more often at that. So no. Just no.

[@SuperSaiyanShawn]

6:27 So you’re family of 4 spends $100 a month…. On restaurants? That’s not even enough money for one trip for that many people a meal for 2 is $50-$100 at least and you have kids & $900 a month for that same family on groceries? Am I missing something?

[@Spend.Earn.Travel.]

Yes. We are not going out all the time. For instance, my family went to Olive Garden a few days ago and spent $70 and we probably won’t go out anymore this month. And if we do it would be something small, like a few pizzas. And yes $800-$1,000 a month on groceries is correct. We spend about $200-$250 a week on groceries.

[@nyr94yanks2000]

What a horrible evaluation Gold card all the way why would you pay any kind of annual fee without useful credits to offset it how much money do you have to spend in the first place on the green and preferred card to even break even with the annual fee and value these are the exact to American Express cards I wouldn't even consider having and I do have all the others

[@Spend.Earn.Travel.]

There are plenty of reasons to pay an annual fee without useful credits. When I had the gold card it cost $250 (at the time) but I would earn upwards for $500 a year in Membership Reward points. And that’s just at one cent per point. The points eating potential put weighed the annual fee.

[@nyr94yanks2000]

@@Spend.Earn.Travel. I would hate to have to spend a certain amount in order to just make up the annual fee cost in value instead of getting credits to evenly level it off from the beginning

[@Spend.Earn.Travel.]

But I’m not spending on the card just to spend on it. The spending is just my normal spending. I would also say you’re going to have a hard time that finding another card without an annual fee that has a high welcome offer, benefits like the hotel collection, and access to transfer partners. The gold card has so much more to offer.