Received an offer to upgrade my Amex Everyday to an Everyday Preferred for 40k points. Is that considered a good offer? And if I do upgrade, will it count towards 5/24?

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Yes, it's their highest upgrade ED to EDP upgrade offer. It doesn't count against 5/24 and you won't get a hard pull

Also, love that you posted this same question on r/churning 😁

Haha nice catch! :)

D1, yes, but you need to wait a full year from your upgrade date or else Amex will claw back the upgrade bonus

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