Amex Rolls Out New Cash Back, No Annual Fee Cash Magnet Card

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American Express, the payments company, announced Thursday (June 14) the latest addition to its cash back portfolio the no annual fee American Express Cash Magnet™ Card.

In a press release, American Express said the credit card is targeted at people who want to earn rewards on everyday purchases, with the cash giving users unlimited cash back of 1.5 percent. The new card also includes the Pay It Plan It feature that enables customers to have control and


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