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American Express Cash Magnet™ Card

This card is great for: normal spenders and card owners that want to get a flat, unlimited 1.5% cash back on all their purchases along with a solid sign-up offer.

Sign-up Bonus: $250 cash back

Credit Card Suitable for: Balance Transfer, Cashback, No Annual Fee


American Express

Minimum Credit Score


0% for 15 months

Purchase APR

14.99%-25.99% (Variable)

Balance Transfer Intro APR

0% for 15 months

Balance Transfer APR

14.99%-25.99% (Variable)

Annual Fee


Balance Transfer Fee

3% (min $5)

  • After you spend $1000+ in purchases within the first 3 months, you'll earn $150 in statement credit.
  • After you spend an additional $6500 in purchases within the first 12 months, you'll get $100 in statement credit. $250 in total.
  • Get 1.5% unlimited cash back on all purchases. Redeem the cash back for gift cards, statement credits, or merchandise.
  • An introductory offer of 0% APR for 15 months on purchases and balance transfers, then a variable APR of 14.99% to 25.99%.
  • This card has no annual fee. 

American Express Cash Magnet™ Card
4.2 / 5 Reviewer
Rewards Rating4.3
Balance Transfer Rating3.7
Interest & Charges Rating4.2
Card Application Rating4.4

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