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Ka-ching! Sign up for the American Express Cash Magnet Card, and get $250 back in two chunks: You’ll receive a $150 statement credit after spending $1,000 on the card within three months of card membership and $100 more after purchases of $6,500 within 12 months.
American Express Cash Magnet Card
Why do we like this card? Here are the highlights:
- You get unlimited 1.5 percent cash back on purchases.
- You can easily redeem your “Reward Dollars” for statement credits, gift cards and merchandise.
- You get an zero percent introductory rate for purchases and balances for the first 15 months.
- You pay no annual fee.
- If you need to make a large purchase, this card allows you to set up a monthly payment plan with a fixed monthly fee and no interest charges.
If cash-back is not your top priority — maybe you want to rack up hotel or travel rewards, or get a low ongoing interest rate — we’ve got your covered. You can explore all your options here on our credit card search page.
What’s your favorite credit card benefit? Share with us in comments below or on our Facebook page.