This article presents a novel morphing unit cell concept which relies on the combination of shape memory alloy wires for actuation and permanent magnets to enable multistability. Two distinct applications are investigated experimentally, consisting in a morphing beam metastructure made with three unit cells and a variable camber airfoil metastructure having six unit cells in the chord-wise direction. Tests are performed to assess the influence of the permanent magnets on the morphing behavior of the two referred metastructures. It is verified that the permanent magnets are able to provide new stable equilibrium configurations to the metastructure and to reduce the time necessary for morphing. Another interesting feature, which enables the reduction in energy consumption, is that, due to the magnetic interactions, the thermal activation of the SMA wires can be ceased once an equilibrium configuration is achieved. The paper describes the design premises, evaluates its limitations and devises future improvements.