A New American Express Credit Card Goes Live - Card Issuers News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Card Issuers » A New American Express Credit Card Goes Live

A New American Express Credit Card Goes Live

The content is accurate at the time of publication and is subject to change.

The American Express Cash Magnet card is the newest card in the Amex line up, offering people unlimited 1.5% cash back on everything from a night out on the town and a stop at the gas station to airfare and hotel stays. To celebrate the launch of this new card, new cardholders can also earn up to $300 cash back bonus until July 18.

How do cardholders earn the time-limited bonus? Once they spend $1,000 over the first 90 days of having the card they earn $150 in cash back. They then earn another $150 in cash back once they spend $6,500 during the first year. Cash back can be redeemed for a statement credit.

This new card was designed to provide people with a streamlined and easy way to earn cash back. “Our award-winning cash back products have always kept our customers’ needs front and center,” said Kartik Mani, Executive Vice President, Global Consumer Lending, American Express.

“Today, we are excited to introduce the Cash Magnet card, which offers compelling, unlimited cash back on purchases, with the exceptional experience and backing of American Express,” he added.

A feature offering more choice

Regardless of what they buy, people will earn 1.5% cash back, and the American Express Cash Magnet card also comes with a new feature called Pay It Plan It.

With Pay It Plan It, people get to choose how they want to pay for their purchases. When they buy an expensive item—whether it’s a new appliance or piece of jewelry—they can choose to pay for it over time, without having to pay a fee or interest.

On the other hand, they can also opt to pay for smaller purchases as soon as they show up on their bill.

More features

People who are approved for the American Express Cash Magnet card will also be able to take advantage of the features that typically come with American Express credit cards. This includes getting a free ShopRunner membership, as well as being able to sign up for Amex Offers, which gives them additional rewards when eating out, shopping and traveling.

There is no annual fee for this card. More information is available here.
amex_news

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

New SPG Amex Luxury Card Arrives This Summer
New SPG Amex Luxury Card Arrives This Summer

Posted: April 26, 2018

The Starwood Preferred Guest American Express Luxury card is coming this August, along with the new SPG and Marriott combined rewards program. This card offers 6x the points when booking stays at SPG and Marriott Rewards hotels and 3x... Continue reading
Get 20,000 Points or $200 Cash Back With Amex Offers and AT&T
Get 20,000 Points or $200 Cash Back With Amex Offers and AT&T

Posted: May 07, 2018

Amex Offers has another deal on the table. If you have an American Express business rewards card, you can earn $200 cash back or opt to get 20,000 Membership Rewards points when you spend $200 with AT&T. What's more, you can use this... Continue reading
Amex Combating Marine Plastic Pollution With New Credit Card
Amex Combating Marine Plastic Pollution With New Credit Card

Posted: June 18, 2018

Can a credit card combat pollution in the earth's oceans? American Express believes they can. They have teamed up with Parley, an organization working toward combating marine plastic pollution, to not only raise the awareness level about... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 15.74% - 25.74% based on your creditworthiness
For Excellent, Good Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!