American Express Cash Magnet® Card Reviews

American Express Cash Magnet® Card Reviews
3.3 out of 5 stars
59 Reviews

From Cardholders in the last year


Application Process

4 out of 5 stars

Customer Service

3.5 out of 5 stars

3.5 5

Card Details

  • Balance Transfer Intro APR 0% for 15 Months
  • Balance Transfer Regular APR 14.49% - 25.49%* Variable
  • Annual Fee $0
  • Purchase Intro APR 0% for 15 Months
  • Purchase Regular APR 14.49% - 25.49%* Variable

5 star reviews (27) See All

These reviews were written by current and former cardholders in the last year.

Dec 31, 2019
American Express works with you.
RMFH55 Cardholder

I only had fair credit when I applied and was given a decent credit line of 4k. Within a year and a half of timely payments I have more than doubled that. Rewards are good, too, bit they really came through for me when I needed them. Thank you, Am Ex!

more ...
Dec 31, 2019
kwgoodman Cardholder

748 score, 10% utilization, 6year avg acct, approved $3500. It did pop up a message saying because of my balance transfers and amount of cards opened in the last year I didn't qualify for the intro offers. I've seen a bunch of people complaining about that. Maybe the pop-up is a new addition but it was very clear from the start before it even ran my credit that I wouldn't get the intro offers.

more ...
Dec 28, 2019
This card is great.
aboutmyaccount Cardholder

Not only is this card great, American Express is probably the best, most professional, most respected credit card company out there. They are for a reason. Top of the line product with top of the line customer service. You can't go wrong here. Can highly recommend.

more ...
Dec 15, 2019
Great rewards and offers!
Todd007200 Cardholder

Received awesome promotions through American Express and I'm flabbergasted but don't have a 5-star rating.

more ...
Dec 11, 2019
Great card-I use it for all purchases
JS4242 Cardholder

I have had this card for a year. I love it. I got the welcome bonuses when I was told I would and the cash back is awesome! Glad I went with it..

more ...
Dec 10, 2019
Upf23 Cardholder

Great card, I got this card with a small CL because of my score then after 9 months they bumped me up to double. Best card I owe, service is amazing and so is Amex overall. Get this card

more ...

Was this review helpful?

1 Reply
Dec 22, 2019

What were your scores at time of application?

Sep 22, 2019
Best first step into the world of Amex!
bjdwashere Cardholder

American Express is the BEST to deal with! They really stand behind the product and put customers first. I can't say the same about some of the other credit cards that I have. I would highly recommend this card to anyone. Thank you credit karma for suggesting this one to me!

more ...
Sep 06, 2019
Have paid no interest & on auto draft.
Dbjs40 Cardholder

I have capital one venture one that seems to charge daily interest even when I pay balance off each month. This American Express has been my go to. Capital one doesn't even give full value on rewards when getting gift cards or applying rewards for statement credits, but both of my American Express cards do.

more ...
Sep 05, 2019
DsiS10 Cardholder

This credit card is very good although I did not receive the bonus due to my credit being low when I applied they increased my limit without me even telling them. I would recommend this card for building credit but please be aware most places don't take Amex so always have a backup that's like the mayor issue I have with Amex in general.

more ...

Was this review helpful?

1 Reply
Dec 24, 2019

Plan to apply for AMEX in 2020. What were your scores when you applied?

Aug 30, 2019
I got the card i LOVE IT
blujay20 Cardholder

Hi i got this card i love it i got a cl 2$.

more ...
Aug 30, 2019

That's Great. Congrats. I am planning to get one and wanted to ask what was your credit score at the time you applied for the card? Thanks

Sep 03, 2019

that was suppose to be 2k$ sorry about that people.

Add a Review

Add Your Review

I Own It I Had It I Applied

Please state your experience.

How would you rate this card overall?

Please select a rating

What should others know about this card?


How was application process?

How was customer service?

See Your Approval Odds Before You Apply

Sign up for a free membership, and Credit Karma can estimate your chances of approval based on your credit profile. You’ll also get:

  • Credit scores and reports
  • Credit monitoring
  • Personalized recommendations

See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the 'Apply Now' button, you can review the credit card terms and conditions on the provider's website.

† Credit Karma looks at how your credit profile compares to other Credit Karma members who were approved for this product. Of course, there's no such thing as a sure thing, but knowing whether your Approval Odds are Very Good, Good, Fair or Poor may help you narrow down your choices.

‡ Average score refers to the arithmetic mean and typical low score to the 5th percentile of, in each case, available VantageScore 3.0 credit scores provided by TransUnion of Credit Karma members who were approved for this product from June 2014 through November 2014. Average and typical approved scores are provided as guidelines only and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.

The ratings and reviews are brought to you by our users. Banks, issuers, and credit card companies do not endorse or guarantee, and are not responsible for this content.

American Express Cash Magnet® Card Reviews

American Express Cash Magnet® Card