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American Express Cash Magnet® Card vs Blue Cash Everyday® Card from American Express

Earn unlimited cash back on all purchases or accelerated cash back on select categories.

The winner: Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American Express logo

Up to 3%

Cash back

  • Everyday cashback: 3% at US supermarkets on up to $6,000 per year, then 1%
  • 2% at US gas stations and select US department stores
  • No annual fee
Apply now
Terms apply, see rates & fees
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Megan Horner
Updated . What changed?
Fact checked
Both these cards are issued by American Express and have no annual fee. The main difference is, the American Express Cash Magnet® Card offers flat cash back as statement credit on all purchases, while the Blue Cash Everyday® Card from American Express offers accelerated cash back as statement credit at US supermarkets, US gas stations and select US department stores.

Compare the perks and benefits offered by these cards in the table below.

American Express Cash Magnet® Card

American Express Cash Magnet® Card

Terms apply, see rates & fees

Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American Express

Terms apply, see rates & fees
Finder rating
Finder rating

★★★★★

4.3 / 5.0

★★★★★

4.6 / 5.0
Best for
Best for
  • Flat cash back on all purchases
  • Cash back on groceries and gas
Welcome offer
Welcome offer

$150 statement credit after spending $1,000 in the first 3 months

Up to $250: 20% back on Amazon.com purchases in the first 6 months for up to $150 back, plus $100 statement credit after spending $2,000 within the first 6 months

Rewards
Rewards

1.5% cash back on all purchases (redeem as statement credit)

3% at US supermarkets on up to $6,000 per year (then 1%), 2% at US gas stations and select US department stores and 1% on all other purchases (redeem as statement credit)
Purchase APR
Purchase APR

0% intro APR for 15 months, and then 13.99% to 23.99% variable

0% intro APR for 15 months, and then 13.99% to 23.99% variable

Annual fee
Annual fee $0 $0
Balance transfer APR
Balance transfer APR

N/A

N/A
Cash advance
Cash advance

APR: 25.24% variable

Fee: $10 or 5% of the transaction, whichever is greater

APR: 25.24% variable

Fee: $10 or 5% of the transaction, whichever is greater
Foreign transaction fee
Foreign transaction fee 2.7% of each transaction 2.7% of each transaction
Late payment fee
Late payment fee Up to $40 Up to $40
Additional cardholder fee
Additional cardholder fee $0
Interest-free period
Interest-free period 25 days 25 days
Minimum interest
Minimum interest $0
Minimum credit score
Minimum credit score 680 670
Card type
Card type Credit Credit
Learn more
Learn more

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Compare American Express Cash Magnet® Card vs. Blue Cash Everyday® Card from American Express

Data updated regularly
Name Product Welcome offer Rewards Annual fee Filter values
American Express Cash Magnet® Card
American Express Cash Magnet® Card
$150 statement credit after spending $1,000 in the first 3 months
1.5% cash back on all purchases (redeem as statement credit)
$0
With 1.5% cashback as statement credit on everything and a 15 months intro APR on purchases, this no-annual-fee rewards card makes it simple to earn more rewards. All information about this card has been collected independently by Finder.
View details
Blue Cash Everyday® Card from American Express
Blue Cash Everyday® Card from American Express
Up to $250: 20% back on Amazon.com purchases in the first 6 months for up to $150 back, plus $100 statement credit after spending $2,000 within the first 6 months
3% at US supermarkets on up to $6,000 per year (then 1%), 2% at US gas stations and select US department stores and 1% on all other purchases (redeem as statement credit)
$0
Earn up to $250. You'll get 20% back on Amazon.com purchases in the first six months for up to $150 back, and $100 after you spend $2,000 in the first six months. This is a higher-than-average welcome offer for a card with no annual fee. Terms apply, see rates & fees
Apply now
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