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American Express Cash Magnet® Card

American Express Cash Magnet® CardSee 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
$150Earn 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
N/A
Purchases Intro APR
0% on purchases for 15 months
Regular APR
13.99%-23.99% 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.

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.
  • Low intro APR: 0% for 15 months on purchases from the date of account opening, then a variable rate, currently 13.99% to 23.99%.
  • Plan It® gives the option to select purchases of $100 or more to split up into monthly payments with a fixed fee.
  • Amex Offers rewards you at places you like to shop, dine, travel, and more. You can add as many Offers as you’d like to your Card, then just use that Card to pay, and enjoy rewards directly on your statement.
  • Cash Back is received in the form of Reward Dollars that can be redeemed for statement credits.
  • No Annual Fee.
  • Terms Apply.

Features

  • 0% Introductory APR
    0% Introductory APR
  • 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.