American Express Cash Magnet® Card

Card Value & Cash Back Calculator
American Express Cash Magnet® Card
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The American Express Cash Magnet® Card is a no-annual fee 1.5% cash back credit card. It's a pretty straightforward card if you're looking to earn easy cash back across all of your purchases that can be redeemed toward purchase made to the card, gift cards, and more.

Intro Bonus: $200 statement credit

Rewards Rates

Earn 1.5% Cash Back on all purchases.

The Cash Magnet Card shines best when paired with the Blue Cash Everyday® Card from American Express or Blue Cash Preferred® Card from American Express. You can use the Blue Cash credit cards to earn bonus cash back across their featured categories and 1.5% cash back on all other purchases using the Cash Magnet Card.

Current Intro Bonus

Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.

Key Cardholder Benefits

  • As an AMEX Cash Magnet Card member, you can enjoy complimentary ShopRunner Membership which gives you free 2-day shipping and free returns at 100+ stores. Enrollment required.

Annual Fees

The American Express Cash Magnet Card has a $0 annual fee.

AMEX Cash Back Calculator

Calculate cash back for the Cash Magnet Card based on spend and compare results alongside any of the 200+ cards featured on the site.

Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site, so there's no need to re-enter spend when viewing other credit cards.

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Earning Rate Comparison

Want to know how the American Express Cash Magnet Card stacks up against other cards in the family? Check out the table below!

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Is the American Express Cash Magnet a good card?

It's a great option if you're looking for a standard 1.5% cash back credit card that has no annual fee.

Should I get the AMEX Cash Magnet or AMEX Blue Cash Everyday?

It depends on your spend. Both cards actually work better when paired together. You can use the Blue Cash Everyday vs Cash Magnet Calculator to find out which is better for you based on spend.

Calculate Total Rewards & Card Value Per $1 Spent For 200+ U.S. Credit Cards
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