American Express Cash Magnet Card. American Express Cash Magnet® Card Overview. Read all the important information about the card in this review.

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Then you will have to redeem them as statement credit. As previously rumored American Express has officially launched a new card called 'Cash Magnet'. The cash back that members earn with the Cash Magnet™ card is in the form of Reward Dollars, which are redeemable for statement credits, gift.

American Express launched a new card yesterday, the American Express Cash Magnet.

The flat cash-back rate on everything you buy matches the industry standard, but.

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Bankdealguy has partnered with CardRatings for our coverage of credit card products. Similar to the American Express Cash Magnet® Card , this Citi card has no annual fee and users can earn unlimited cash back with no categories or What makes the Bank of America® Cash Rewards credit card unique is that cardholders have the opportunity to choose a category from among a list of. The American Express Cash Magnet credit card has a ton of useful features and bonuses.

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