Published on July 19th, 2019 | by William Charles12
[Targeted] American Express Cash Magnet $200 Upgrade Offer
Update 7/19/19: Deal is back, not sure what the new end date is.
No direct link, offer sent out via e-mail. Subject line is ‘<name>, switch to the Cash Magnet® Card at no cost!’
- American Express is offering some Blue Cash Everyday cardholders a bonus of $200 when they upgrade to the Cash Magnet card and spend $1,000 within the first three months
- Valid until 6/15/19
- No annual fee
- Card earns 1.5% cash back on all purchases
We’ve seen upgrade offers from the Blue Cash Everyday to the Blue Cash Preferred, but I don’t think we’ve seen any to the Cash Magnet before. Definitely worth considering if you’ve already had the Cash Magnet before as you wouldn’t normally be able to get a sign up bonus again. Standard sign up bonus on this card is $250, so if you haven’t had it before it would make more sense to apply for that directly. If you have any questions about American Express upgrade offers, I’d recommend reading this linked post.
Hat tip to reader Fred