As the name suggests, this card is also a great card for your daily spending. You get 3% Cash Back on up to $ 6,000 spent annually at US supermarkets and 2% Cash Back at US gas stations and select department stores in the US. You earn 1% cash back on all other purchases and your cash back is received in reward dollars that can be redeemed as a credit on the statement. This card also includes rental car loss and damage insurance, which is no longer a standard benefit on many popular cards.
There is no annual fee for this card, but there is a 2.7% foreign transaction fee on all fees processed outside of the United States.
At the end of the line
Frugal credit card users often refuse to pay an annual fee to use a credit card, but still want to earn rewards. And if your priority is to make as much money as possible, then you need a card that offers strong categories of bonuses. By offering a valuable new account bonus, excellent bonus spending categories, and no annual fees, American Express clearly hopes that this is the card you will end up using every day.