A magnetic cable fastener includes a magnetic fastener, a boss, a base, and a loop coupler attached to the base. The loop coupler is attached to the base and is operable to attach to another structure. The loop coupler may be a cable, wires, electrical conduit, rope, adjustable strap, and a tie wrap or suitable object. According to one embodiment, the loop coupler may further include at least two fingers. The fingers are operative to flex or compress appropriately to permit the cables to enter the fingers. According to another embodiment, the loop coupler is a solid loop to permit for example, a cable strap to be inserted and attach the cable strap to the loop coupler. Thus, the magnetic cable fastener may secure one or more cables via the loop fingers or solid loop or other suitable cable coupler.