Last updated: 8/3/2021
American Express Cash Magnet
Earns: Cash Back
![](https://www.gigapoints.com/wp-content/uploads/2019/09/American-Express-Cash-Magnet-Card-300x189.png)
A very solid cash-back card, especially for lower spenders. Its 1.5% cash back on purchases isn’t the highest rate available, but it’s close. Plus, this card has a decent sign-up bonus ($175 for spending $1,000 in the first three months) and no annual fee.