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Fortune
Fortune
Kat Tretina

American Express Cash Magnet® Card review: a simple, no-nonsense cash back card

American Express AMEX Discover
Photo of the American Express Cash Magnet credit card over an orange background with blue abstract shapes. (Credit: Photo illustration by Fortune; Original photo by American Express)

Why we like this card: It offers a flat cash back rate on all purchases, so you don't have to worry about the hassle of keeping track of and activating bonus spending categories. So this card is ideal for those looking for a basic rewards card without annual fees.

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