Everyday vs Platinum (Schwab)
Everyday
$0/yr
7.0/10
VS
Platinum (Schwab)
$895/yr
5.5/10
Quick Answer
Everyday charges no annual fee with 1X base rewards. Platinum (Schwab) charges $895/yr with 1X base rewards. Everyday offers better overall value for most spenders when comparing fees, rewards, and benefits side by side.
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Winner by Category
Annual Fees
Everyday
Lower annual fee ($0 vs $895)
Rewards Earning
Everyday
3 earning categories
Benefits & Protection
See card details
Visit each card's review for full benefits list
Statement Credits
Platinum (Schwab)
$1439 in annual credits
Flexibility
Tie
Both cards have similar redemption flexibility
OUR PICK
Everyday wins for most people
The $895 fee difference is hard to justify unless you maximize premium benefits.
Apply for EverydayPREMIUM PICK
Platinum (Schwab) wins for heavy spenders
If you can offset the higher fee with credits and perks, this card delivers more value.
Apply for Platinum (Schwab)Rewards Earning: Detailed Comparison
Everyday
| US supermarkets | 2.0X (up to $6,000) |
| Everything else | 1.0X |
| 20% bonus (20+ purchases) | 1.0X |
Platinum (Schwab)
| Flights (Amex Travel) | 5.0X |
| Hotels (Amex Travel) | 5.0X |
| Everything else | 1.0X |