{"id":2559,"date":"2022-02-16T17:40:23","date_gmt":"2022-02-16T22:40:23","guid":{"rendered":"https:\/\/www.bonuscoach.com\/?p=2559"},"modified":"2022-08-30T00:04:22","modified_gmt":"2022-08-30T04:04:22","slug":"american-express-cash-magnet-bonus","status":"publish","type":"post","link":"https:\/\/www.bonuscoach.com\/credit-cards\/american-express-cash-magnet-bonus\/","title":{"rendered":"$200 American Express Cash Magnet Bonus"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2559\" class=\"elementor elementor-2559\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-132d0807 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"132d0807\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-68c5e2d7\" data-id=\"68c5e2d7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-587d1c47 uael-heading-align-left elementor-widget elementor-widget-uael-table-of-contents\" data-id=\"587d1c47\" data-element_type=\"widget\" data-settings=\"{&quot;heading_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;content_between_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;toc_icon_size&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:20,&quot;sizes&quot;:[]},&quot;toc_icon_size_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;toc_icon_size_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_text_align&quot;:&quot;left&quot;,&quot;heading_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"uael-table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"uael-toc-main-wrapper content-show\" data-headings=\"h1,h2,h3,h4,h5\" >\n\t\t\t<div class=\"uael-toc-wrapper\">\n\t\t\t\t<div class=\"uael-toc-header\">\n\t\t\t\t\t<span class=\"uael-toc-heading elementor-inline-editing\" data-elementor-setting-key=\"heading_title\" data-elementor-inline-editing-toolbar=\"basic\" >Contents<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"uael-toc-switch\" data-hideshow=\"yes\" data-is-collapsible=\"yes\">\n\t\t\t\t\t\t\t<span class=\"uael-icon fa\"><\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-toc-toggle-content\">\n\t\t\t\t\t<div class=\"uael-toc-content-wrapper\">\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t<ul data-toc-headings=\"headings\" class=\"uael-toc-list uael-toc-list-disc\" data-scroll=\"\" ><\/ul>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"uael-toc-empty-note\">\n\t\t\t\t\t<span>Add a header to begin generating the table of contents<\/span>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cc7cb77 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cc7cb77\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3f68f5a\" data-id=\"3f68f5a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f6dca0 elementor-widget elementor-widget-text-editor\" data-id=\"2f6dca0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h4><strong>American Express Cash Magnet Card<\/strong><\/h4><p>American Express is offering $200 sign up bonus for Cash Magnet Card. To be eligible, you have to spend $2,000 on purchases in the first 6 months from account opening.<\/p><p>American Express Cash Magnet Card offers unlimited 1.5% cash back on all purchases.\u00a0Cash back is received in the form of Reward Dollars that can be redeemed for statement credits.<\/p><h4><strong>American Express Cash Magnet Bonus Summary<\/strong><\/h4><p>Bonus \u2013 $200<\/p><p>Required Spend \u2013 $2,000 within the first 6 months of account opening<\/p><p>Additional Offer &#8211; 0% intro APR for 15 months from account opening on purchases<\/p><p>Offer Expiry \u2013 No Information<\/p><p>Annual Fee \u2013 $0 (None).<\/p><h4><strong><a href=\"https:\/\/www.americanexpress.com\/us\/credit-cards\/card\/cash-magnet\/\" target=\"_blank\" rel=\"noopener\">Link for the Offer<\/a><\/strong><\/h4><h4><strong>Additional Card Benefits<\/strong><\/h4><ol><li><strong>Amex Offers<\/strong>\u00a0&#8211; Eligible Card Members can redeem an Amex Offer by first enrolling in the offer in their online account or in the American Express\u00ae App and then using their enrolled Card to pay.<\/li><li><strong>Purchase Protection<\/strong>\u00a0\u2013 Protect covered purchase made on your card against accidental damage or theft, for up to 90 days from Covered Purchase date.<\/li><li><strong>ShopRunner membership \u2013\u00a0<\/strong>Complimentary ShopRunner membership that provides unlimited Free 2-Day Shipping, Free Returns, and exclusive benefits at all the stores in the network.<\/li><li><strong>Car Rental Loss and Damage Insurance \u2013\u00a0<\/strong>Decline the rental company&#8217;s collision insurance and charge the entire rental cost to your card. Provides secondary coverage for damage to or theft of a rental vehicle in a covered territory. Coverage is secondary to your personal insurance and does not include liability coverage.<\/li><li><strong>Premium Card Rental Protection \u2013\u00a0<\/strong>Pay a flat rate per rental for up to 42 consecutive days. With Premium Card Rental Protection, there is no deductible and you can file that claim with Amex as primary provider. It is a paid service.<\/li><li><strong>American Express Experiences \u2013\u00a0<\/strong>Exclusive access to tickets presales and Card Member only events in select cities.<\/li><li><strong>Amex Auto Purchasing Program<\/strong><\/li><\/ol><h4><strong><a href=\"https:\/\/www.bonuscoach.com\/credit-cards\/best-cash-back-credit-cards\/\" target=\"_blank\" rel=\"noopener\">Our Review of Best Cash Back Credit Cards<\/a><\/strong><\/h4><h4><a href=\"https:\/\/www.bonuscoach.com\/credit-cards\/best-credit-cards-bonus\/\" target=\"_blank\" rel=\"noopener\">BonusCoach&#8217;s List of Best Credit Card Bonus<\/a><\/h4><h4><strong>The Fine Print<\/strong><\/h4><p>The welcome offer, intro APRs, and intro plan fees are not available to applicants who have or have had this Card. We may also consider the number of American Express Cards you have opened and closed as well as other factors in making a decision on your welcome offer, intro APRs, and intro plan fee eligibility.<\/p><p>To qualify for the $200 statement credit, you must make eligible purchases with your American Express Cash Magnet\u00ae Card that total $2,000 or more (the &#8220;Threshold Amount&#8221;) within your first 6 months of Card Membership, starting from when your account is approved. The statement credit will be applied 8-12 weeks after the Threshold Amount is met. If we in our sole discretion determine that you have engaged in abuse, misuse, or gaming in connection with the welcome offer in any way or that you intend to do so (for example, if you applied for one or more cards to obtain a welcome offer (s) that we did not intend for you; if you cancel or downgrade your account within 12 months after acquiring it; or if you cancel or return purchases you made to meet the Threshold Amount), we may not credit the statement credit to, we may freeze the statement credit credited to, or we may take away the statement credit from your account. We may also cancel this Card account and other Card accounts you may have with us. Eligible purchases can be made by the Basic Card Member and any Additional Card Members on a single Card Account. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases to meet the Threshold Amount do NOT include fees or interest charges, cash advances, purchases of traveler&#8217;s checks, purchases or reloading of prepaid cards, purchases of gift cards, person-to-person payments, or purchases of any cash equivalents. Additional Card Members on your account are not eligible for this offer. To earn the $200 statement credit, your Card account must not be canceled or past due at the time the statement credit is posted to your Card account. For questions regarding your Card account, please call the number on the back of your Card.<\/p><h4>Final Thoughts<\/h4><p>$200 bonus after spending $2000 is below average as most of its peer offer $200 bonus but with lower spend requirements. Also, we prefer American Express Blue Cash Everyday to this card.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f2ca944 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f2ca944\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f1bda2e\" data-id=\"f1bda2e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-39c2a9c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"39c2a9c\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#0c0d0e;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-bottom:0;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider 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.elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-28ee157 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"28ee157\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c133ad8\" data-id=\"c133ad8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1e2c21 elementor-widget elementor-widget-text-editor\" data-id=\"e1e2c21\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4>Additional Offerings from American Express<\/h4>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-853bca2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"853bca2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8c848cf\" data-id=\"8c848cf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4783e69 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4783e69\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ce90b80\" data-id=\"ce90b80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-141d153 elementor-widget elementor-widget-text-editor\" data-id=\"141d153\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4 class=\"uae-toc-hide-heading\"><a href=\"https:\/\/www.bonuscoach.com\/credit-cards\/amex-blue-cash-everyday-bonus\/\" target=\"_blank\" rel=\"noopener\">$200 Amex Blue Cash Everyday Card Bonus<\/a><\/h4><p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-2495 size-large\" src=\"https:\/\/www.bonuscoach.com\/wp-content\/uploads\/2022\/02\/Amex-Blue-Cash-Everyday-200-Bonus-1024x480.png\" alt=\"Amex Blue Cash Everyday 200 Bonus\" width=\"1024\" height=\"480\" srcset=\"https:\/\/www.bonuscoach.com\/wp-content\/uploads\/2022\/02\/Amex-Blue-Cash-Everyday-200-Bonus-1024x480.png 1024w, https:\/\/www.bonuscoach.com\/wp-content\/uploads\/2022\/02\/Amex-Blue-Cash-Everyday-200-Bonus-300x141.png 300w, https:\/\/www.bonuscoach.com\/wp-content\/uploads\/2022\/02\/Amex-Blue-Cash-Everyday-200-Bonus-768x360.png 768w, https:\/\/www.bonuscoach.com\/wp-content\/uploads\/2022\/02\/Amex-Blue-Cash-Everyday-200-Bonus.png 1162w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-988c468\" data-id=\"988c468\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ea8d20c elementor-widget elementor-widget-text-editor\" data-id=\"ea8d20c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4 class=\"uae-toc-hide-heading\"><a href=\"https:\/\/www.bonuscoach.com\/credit-cards\/amex-bluecash-preferred-bonus\/\" target=\"_blank\" rel=\"noopener\">$400 Amex Blue Cash Preferred Card Bonus<\/a><\/h4><div><a href=\"https:\/\/www.bonuscoach.com\/credit-cards\/amex-bluecash-preferred-bonus\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone wp-image-4574 size-full\" src=\"https:\/\/www.bonuscoach.com\/wp-content\/uploads\/Amex-Blue-Cash-Preferred-400-Bonus.png\" alt=\"Amex Blue Cash Preferred 400 Bonus\" width=\"709\" height=\"411\" srcset=\"https:\/\/www.bonuscoach.com\/wp-content\/uploads\/Amex-Blue-Cash-Preferred-400-Bonus.png 709w, https:\/\/www.bonuscoach.com\/wp-content\/uploads\/Amex-Blue-Cash-Preferred-400-Bonus-300x174.png 300w\" sizes=\"(max-width: 709px) 100vw, 709px\" \/><\/a><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>American Express is offering $200 sign up bonus for Cash Magnet Card when you spend $2,000 on purchases in the first 6 months from account 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