Save money and be informed. CreditDonkey is a credit card comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Cash Magnet vs Chase Freedom Unlimited®

Compare Rewards, Interest Rates, Fees, and Benefits

Chase is a CreditDonkey partner. We receive compensation if you apply and get approved for a card through links in our content. You do not have to use our links, but you help support CreditDonkey if you do. (read more)

Cash Magnet is a great all-around cashback card. How does it compare to Chase Freedom Unlimited, a cash back card? Read our comparison chart below.

 Read Cash Magnet ReviewApply Now
 

American Express Cash Magnet® Card

Chase Freedom Unlimited®

 

Credit Card Interest Rates & Fees

Introductory APR for Purchases0% introductory APR on purchases for 15 months0% introductory APR for 15 months
Introductory APR for Balance TransfersN/A0% introductory APR for 15 months
Purchase APR17.74% to 28.74% Variable based on your creditworthiness and other factors17.99% to 26.74% Variable based on your creditworthiness and other factors
Balance Transfers APRN/A17.99% to 26.74% Variable based on your creditworthiness and other factors
Annual Fee$0 annual fee$0 annual fee
 

Credit Card Rewards & Benefits

Introductory Bonus Cash BackEarn a $200 statement credit after you spend $2,000 or more in purchases with your new Card within the first 6 months of Card Membership.Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
Cash Back RewardsUnlimited 1.5% Cash Back on your purchases.Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
Dining Rewards Earn 3% cash back on dining at restaurants, including takeout and eligible delivery services
 

CreditDonkey® Credit Card Reviews

Pros & ConsPros:
  • 1.5% unlimited cash back
  • Intro APR
  • No annual fee
Cons:
  • Not a Visa/MasterCard
  • Foreign transaction fee
Pros:
  • Intro Cash Back Offer
  • Intro APR
  • No annual fee
Cons:
  • Foreign transaction fee
Bottom LineGreat all-around cashback card... Read full reviewGreat cash back credit card for everyday purchases... Read full review
 Read Cash Magnet ReviewApply Now

See issuer's website for details including terms and conditions. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. When you click on the Apply Now button, you can review the terms and conditions on the issuer's website.

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the issuer's website for details.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

Disclaimer: The information for the American Express Cash Magnet® Card has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Cash Magnet: Pricing information including interest rates, benefits and fees was obtained on November 3, 2022 from published websites and is believed to be accurate, but not guaranteed.

Which is Better: Cash Magnet or Chase Freedom Unlimited?

Still need help deciding which cash back credit card is better? Read the in-depth reviews below. You may also be interested in comparing Cash Magnet or Blue Cash Everyday.


Articles on American Express Cash Magnet® Card

Cash Magnet Review

American Express Cash Magnet® Card gives you unlimited 1.5% cash back on your purchases. Is it a good card? Read on to see how it stacks up.

Articles on Chase Freedom Unlimited®

Chase Freedom Unlimited

With an intro cash back offer and no annual fee, does Chase Freedom Unlimited® live up to the hype? Read this in-depth review to see how it stacks up.

Chase Freedom Unlimited Credit Score

Chase Freedom Unlimited usually requires a good credit score (680+). But this is not the only deciding factor. Find out how to improve your odds.

Chase Freedom Unlimited Foreign Transaction Fee

Chase Freedom Unlimited may not be a good travel partner. Here's what you need to know about its foreign transaction fees.

Chase Freedom Unlimited Credit Limit

Many Chase Freedom Unlimited users receive a credit limit of $1,000 - $3,000. Find out how Chase determines your credit limit and how to get an increase.

Which Do You Like and Why?





Compare Cash Magnet to:

Blue Cash Everyday
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% on Purchases for 15 months
0% on Balance Transfers for 15 months
17.74% - 28.74% Variable
$0

American Express Gold
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
19.74% - 26.74% Variable
$250

You might also be interested in


Compare Chase Freedom Unlimited to:

Chase Sapphire Preferred
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
18.99% - 25.99% Variable
$95

About CreditDonkey
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2022 CreditDonkey Inc. All Rights Reserved.