The American Express Cash Magnet Card is a simple cash back card, offering a flat rate of 1.5% cash back for every purchase you make.
There’s a solid signup bonus of $150 for spending $1,000 in the first 3 months after account opening. An extra $100 cash back is offered for spending an additional $6,500 in the first year of card ownership.
Cardholders get a 15-month 0% intro APR for both purchases and balance transfers, providing over a year to pay off purchases or balances at no interest.
There are several shopping and travel protections, including Purchase Protection and Travel Accident Insurance. Complimentary ShopRunner membership is included.
You’ll pay no annual fee to use this card.