American Express Cash Magnet vs USAA Cashback Rewards Plus American Express Card 2023
In head-to-head competition, which of these rewards credit cards wins out? Here’s what each has to offer and how they fare when put to the ultimate test — the cash back you’ll earn for using them.
American Express Cash Magnet
Pays 1.5% cash back on purchases with no spending caps. Includes American Express card network perks. 0% intro APR on purchases for 15 months from date of account opening. Spend $2,000 or more on purchases within the first six months and get a $200 statement credit.
USAA Cashback Rewards Plus American Express Card
Earn 5% cash back on your first $3,000 in combined gas station and military base purchases yearly, 2% cash back on your first $3,000 in grocery purchases yearly, and unlimited 1% cash back on all other qualifying purchases. Get a 0% APR for 15 months on balance transfers and convenience checks that post to your account within 90 days of account opening.