Lisa Cahill, Credit Cards Moderator
@lisacahill
The best Amex Cash Magnet Card benefits are rental car insurance and purchase protection. The American Express Cash Magnet® Card also has lowest hotel rates guarantee and instant card numbers, which are more common perks across American Express cards.
Amex Cash Magnet Card Benefits
- Rental car insurance
- Purchase protection
- Lowest hotel rates guarantee
- Instant card numbers
- Global Assist (an emergency card assistance hotline)
- Free ShopRunner membership (for free shipping with participating online merchants; enrollment required)
Along with these benefits, the Amex Cash Magnet Card has a $0 annual fee and gives rewards on all purchases. As long as you have good credit, the American Express Cash Magnet® Card is certainly a card to consider adding to your wallet. All information about the American Express Cash Magnet® Card has been collected independently by WalletHub. The American Express Cash Magnet® Card is no longer available to new applicants through WalletHub, but may be available on the American Express website.

American Express Cash Magnet® Card
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