If you received an invitation to apply for the American Express Cash Magnet credit card RSVP at www.amex.us/magnetrsvp, then you were likely pre-screened as a good applicant for this cash rewards credit card.
From our findings, this card offers an excellent cash back rewards program as well as other perks. A 0% introductory period for both purchases and balance transfers for 15 months, no annual fee and a $150 introductory offer (based on terms) is an excellent offer.
The American Express brand is very well established, so you should run into minimal problems using your card where credit cards are accepted. Other features included with this card include “Plan It” and flexible reward redemption options.
The term “Magnet” spells it out simple for cash back rewards. The card offers 1.5% unlimited cash back from your purchases. The intro offer of $150 tops it off as best in breed.
If you are ready to apply, follow these steps:
- Visit www.amex.us/magnetrsvp
- Enter your 14 digit invitation code as well as zip code.
- Fill out the application for credit and submit the application
- Wait for a response that is usually received online
Since you likely have a great or excellent credit rating, you have room to be selective. There are comparable cash back credit cards in the market, however we don’t think that the Magnet card will disappoint.