Credit Cards (US)

How to apply for an American Express® Cash Magnet® card?

Learn how easy and fast it is to apply for an American Express® Cash Magnet® credit card and start earning unlimited 1.5% cash back on all purchases.

All information about the American Express® Cash Magnet® Card has been collected independently by The Mister Finance. The American Express® Cash Magnet® is no longer available through creditcards.com.

American Express® Cash Magnet® card application: unlimited cash back with no annual fee

If you love to earn cash back, take a look at the American Express Cash Magnet card. Source: The Mister Finance.
If you love to earn cash back, take a look at the American Express Cash Magnet card. Source: The Mister Finance.

American Express® is well-known for its credit cards full of benefits and perks. Undoubtedly, it is the case with the American Express® Cash Magnet® card. So, if you’d like to add this card to your wallet, find out how to apply for it!

card

Credit Card

Amex Cash Magnet®

No Annual Fee Rewards

The American Express® Cash Magnet® credit card offers cash back on purchases!

You will be redirected to another website

Besides the generous welcome bonus, this card offers unlimited 1.5% cash back on all purchases with no annual fee.

Also, it has the traditional Amex package of assistance and security. Although it requires at least a good credit score for the application, it offers the possibility for you to prequalify for it.

So, check out how easy and fast it is to apply and get a decision.

Online Application Process

The application process is 100% online. Source: The Mister Finance.
The application process is 100% online. Source: The Mister Finance.

Firstly, access the official American Express® website and select the Credit Card tab.

Then, choose the Cash Magnet® Card.

You can prequalify by clicking on Check for Offers and get a decision in less than 30 seconds.

Also, you can qualify for it by clicking on Apply Now.

After that, provide your personal information, including total annual income and income source.

Finally, submit the application and wait for their response.

Application Process using the app

You can apply for any American Express credit card through their website. Since the online application process is simple, you can do it in a couple of minutes.

After that, when you open your account, you can download the American Express mobile app to manage your card information.

American Express® Cash Magnet® card vs. Navy Federal More Rewards American Express® credit card

Would you like to learn about a second option? Don’t worry! We’ll show you another recommendation, so you have something to compare with.

If you are part of the Navy Federal Credit Union or a family member, you can take a look at the Navy Federal More Rewards American Express card.

So, check out the comparison below!

American Express Cash MagnetNavy Federal More Rewards American Express® credit card
Credit ScoreGoodFrom average to excellent 
Annual Fee$0
Rates & Fees
$0
Regular APR0% introductory APR for the first 15 months from the date of account opening.
After that, a variable 18.24% to 29.24% applies.
Cash advance APR: 29.49%.
Rates & Fees
From 9.90% to 18.00% (variable)
Welcome bonus$200 statement credit.
*Terms Apply
1.99% introductory APR
RewardsUnlimited 1.5% cash back.
*Terms Apply
3X points at restaurants, food delivery, supermarkets, gas, and transit;
1X point on everything else

Learn how to apply for a Navy Federal More Rewards American Express credit card. The following content will show you how it works.

Navy Federal More Rewards American Express® credit card review

How to get a Navy Federal More Rewards Amex® card?

Check out how to apply for a Navy Federal More Rewards American Express® credit card and get unlimited rewards with no annual fee!

All information about the American Express® Cash Magnet® Card has been collected independently by The Mister Finance. The American Express® Cash Magnet® is no longer available through creditcards.com.

About the author  /  Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by  /  Aline Barbosa

Senior Editor

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