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Is the Amex Cash Magnet Card Metal?

Despite the slightly misleading name, the Amex Cash Magnet card is not metal.
Jiaying
Jiaying Tong

June 4, 2020

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With the word “magnet” in its name, the Amex Cash Magnet card sounds like a sleek, silver, metal card. However, despite its title, the Amex Cash Magnet card is not, in fact, metal.

The Amex Cash Magnet card is actually royal blue, and is part of the Blue Cash Everyday/Blue Cash Preferred card family. Its bold blue color along with the image of a soldier on the front give the card a grand, royal look. The “magnet” portion of the name refers to the attractive offers of this card rather than its physical appearance.

Offers

The Amex Cash Magnet card has many features that attract cardholders like a magnet. New cardholders can earn $200 if they spend $1,000 using their card in the first three months of signup. With this low target, cardholders can easily put $200 back in their pockets. Furthermore, this card has unlimited 1.5% cash back. On any purchase you make, you will earn 1.5% of your expense back. This rate certainly has a strong pull to customers.

Additionally, the Amex Cash Magnet card has a 0% introductory APR for balance transfers and purchases in the first 15 months of account opening. These rates are especially useful to those planning to make a large purchase or looking to transfer debt. 

Takeaways

The Amex Cash Magnet card is not metal, despite its somewhat misleading name. This card is instead royal blue and its many exciting offers attract cardholders like magnets. These perks such as 0% intro APR and a generous welcome bonus make this card worth considering, even if it is not as sleek as imagined. Thankfully, you will not have to worry about setting off a metal detector with this card. 


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