American Express Cash Magnet Card. Editor's note: This post has been updated with the latest credit card information. Good Cash back remember you control you Credit.

Getting the American Express Cash Magnet Card is kind of like getting fourth place at the Olympics.
The flat cash-back rate on everything you buy matches the industry standard, but.
The Cash Magnet card is a great cash back option if you want to keep your rewards simple. I have to say I am pretty underwhelmed by it. Then you will have to redeem them as statement credit.
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