American Express Cash Magnet Credit Card (AMEX.us/MagnetRSVP)
Applicants will need the 14-character RSVP code from the exclusive invitation to apply along with the ZIP code. Please note the 14 digit RSVP code will be 1 letter followed by 13 digits.
Please note in order to obtain this prestigious credit card the applicant must be 18 years of age or older, a legal resident of the United States, and a good to great credit score.
American Express Cash Magnet Credit Card Review (from around the web)
- CreditCards.com: 3.8 out of 5
- ValuePenguin: 4.0/5.0
- NerdWallet: Not Recommended 🙁 (The rewards rate on the American Express Cash Magnet™ Card is decent but hardly earth-shaking)
- The Points Guy: Not Recommended (But the earning rate on this card is somewhat disappointing, since its direct competitors offer either a higher rate or flexibility in redeeming rewards)
AMEX.us/MagnetRSVP Highlights and Lowlights
- Earn mind-blowing $250 bonus (for new applicants only)
- Members will earn $150 back after they spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership
- PLUS an additional $100 back after they spend an additional $6,500 in purchases within the first 12 months
- Can be used anywhere in the US where the AMEX logo is present (over 1.5 million places and counting!)
- 1.5% Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit
- Comes with no annual fee 🙂
- Offers tiered reward categories instead of a flat rate on everything 🙁
Rewards can be applied as Reward Dollars to a statement credit, gift cards (redemption starting at $25), or use rewards to shop top-brand merchandise from hundreds of retailers.
Similar Card Offers
- Blue Cash Preferred Everyday Card
- Chase Freedom
- Discover IT
- Citi Double Cash
- Capital One Quick Silver (check out the Get My Offer Capital One article)
Any questions in regards to the AMEX Magnet RSVP promotional offer can be directed to 1-800-528-4800 24 hours a day 7 days a week. Consumers who would rather apply for the Cash Magnet credit card over the phone can dial 1-800-243-3888 from 6 am to 2 am 7 days a week.
Sources
FAQ
What is an American Express magnet card?
American Express Cash Magnet® Card: Key features Annual fee: