Cash Magnet Card. The American Express Cash Magnet® Card solves. You can redeem your points at any time for PayPal cash, Amazon, iTunes, Google Play, Playstation, Steam Gift Cards or replenish a mobile phone account by going to the Rewards page.

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For rates and fees of the American Express Cash Magnet® Card, please click here. The Cash Magnet card is a good cash back card to have if you want to gain easy rewards. The Cash Magnet is a decent choice for those looking for a flat rate cash back card with no annual fee.

Learn how this card can earn you cash back and save you money on interest.

The Cash Magnet card comes with car rental loss and damage insurance when you book the rental vehicle on your Amex card.

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Tracking cash-back earnings and spending categories can be tedious at times. American Express just launched the brand new Cash Magnet card. Want to know more about the American Express Cash Magnet Card?

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