Earn unlimited 1.5% cashback on all your purchases using the American Express Cash Magnet Card. Cardholders can earn up to $250 back which can be redeemed for statement credits, gift cards, and merchandise. Using Plan It, a monthly payment plan can be set up, for large purchases, with a fixed monthly fee, and no interest charges, all with the same rewards, and protections you need from American Express.
American Express Cash Magnet Card is issued by American Express. It charges no annual fee for card usage and requires a Good-Excellent credit score for approval.
American Express Cash Magnet Card Benefits
- Firstly, charges no annual fee for card usage
- Secondly, cardholders can earn up to $250 back
- Thirdly, get an additional $100 statement credit, once you spend an additional $6,500 in purchases, within your first 12 months
- Fourthly, there’s unlimited 1.5% Cash Back on your purchases
- Get Cash Back in the form of Reward Dollars which can be redeemed for statement credits, gift cards, and merchandise
- Also, using Plan It, a monthly payment plan can be set up, for large purchases, with a fixed monthly fee, and no interest charges, all with the same rewards, and protections you need from American Express.
- Lastly, the American Cash Express card is accepted in over 1.5 million more places in the U.S.
American Express Cash Magnet Card Fees/Rates
- Annual Fee – None Charged
- Intro Bonus – $250
- Regular APR Rate – 14.74% – 25.74% (Variable)
- Intro Purchase APR – 0% on purchases for 15 months
- Intro Balance Transfers APR – 0% balance transfers for 15 months.
How to Apply for American Express Cash Magnet Card
- To apply for American Express Cash Magnet Card, visit the secure application page of American Express Company
- Next, they are to key in the following; Name on card, Email address, Date of birth, Phone number, Home address, Social security number, Total annual income, Non-taxable Annual Income (Optional), and Income source.
- Tap on the “Continue” link to proceed further.
How to Activate American Express Cash Magnet™ Card
To activate your newly acquired American Express Cash Magnet™ Card;
- Scroll to the American Express activation page
- Key in the 4 digit number printed on the card or just above the account number.
- Key in your 15-digit American Express number as it appears on the front of your card.
How to Login American Express Cash Magnet™ Card
To login the American Express Cash Magnet™ Card;
- Firstly, scroll to the American Express login page
- Key in your User ID, and Password
- Choose “Cards-My Account”
- Tap on the “Remember Me” link
- Lastly, tap on “Login”.
How to Recover American Express Cash Magnet™ Card Password/User ID
Password
- Scroll to the American Express webpage
- Key in your User ID, you used when you created your online account
- Tap on “Continue”.
User ID
To recover your User ID, call at 1-800-238-8087.
How to Make American Express Cash Magnet™ Card Bill Payment
- Firstly, sign in to your online account
- Secondly, locate the payment tab
- Choose a convenient payment option
- Then, make your bill payment
- You can alternatively, enable Autopay, to ensure you don’t miss a payment.
American Express Cash Magnet Cards Customer Service Number
Call: 800-528-4800, to gain access to a customer care agent.
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