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
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!
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.
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Online Application Process
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 Magnet | Navy Federal More Rewards American Express® credit card | |
Credit Score | Good | From average to excellent |
Annual Fee | $0 Rates & Fees | $0 |
Regular APR | 0% 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 |
Rewards | Unlimited 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.
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
Reviewed by / Aline Barbosa
Senior Editor
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