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American Express Cash Magnet® Card

American Express Cash Magnet® Card See Rates & Fees , Terms Apply

Partner Offer

Good to Excellent Credit Recommended (670-850) ? CreditCards.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
Apply Now at American Express's Secure Site
Good to Excellent Credit Recommended (670-850) ? CreditCards.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
Apply Now at American Express's Secure Site
Intro Bonus
Intro Bonus
$150 Earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership.
Reward Rates
1.5% Unlimited 1.5% Cash Back on your purchases.
Balance Transfers Intro APR
0% on balance transfers for 15 months
Purchases Intro APR
0% on purchases for 15 months
Regular APR
14.49%-25.49% Variable
Annual Fee
$0

Great for:

Flat-rate rewards. This card's flat rate rewards add up quickly when looking to earn cash back. The welcome bonus also offers a nice addition to your earnings.

See more of the best cash back cards of 2019.

Highlights

  • Earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership.
  • Unlimited 1.5% Cash Back on your purchases.
  • Cash Back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Low intro APR: 0% for 15 months on purchases and balance transfers, then a variable rate, currently 14.49% to 25.49%.
  • 0% introductory plan fee for plans set up during your first 15 months of Card Membership with Plan It®, a feature that lets you split up big purchases into monthly payments with a fixed fee.
  • Over 3 million more places in the U.S. started accepting American Express® Cards in 2017 and 2018.
  • No Annual Fee.
  • Terms Apply.

Features

  • 0% Introductory APR
    0% Introductory APR
  • Balance Transfer
    Balance Transfer
  • Cash Back
    Cash Back
  • Rewards
    Rewards

Staff Review

 

Editor's Rating:

2.9-star review

2.9 out of 5

Our take: The 1.5 rewards rate on the American Express Cash Magnet card is nothing special, but the introductory offer is a nice bit of extra pocket change.

Read full review

All reviews are prepared by CreditCards.com staff. Opinions expressed therein are solely those of the reviewer. The information, including card rates and fees, presented in the review is accurate as of the date of the review.