American Express
Rakuten American Express Card
Annual fee
$0
Welcome bonus
$200 cash back · ≈ $200
Rewards
Cash
Benefits
2 · $50/yr
Ranked in: #28 · No Annual Fee
Earn Rates
| Category | Rate | True cash-back value |
|---|---|---|
| Rakuten | 4% | 4% |
| Groceries | 2% | 2% |
| Dining | 2% | 2% |
| Everything else | 1% | 1% |
True value converts point multipliers to dollars using MaxWorth point valuations. Issuer-portal-exclusive rates are excluded.
Protections (2)
Purchase Protection
$50/yr
Retail Protection covers eligible items purchased with the card if they are damaged or stolen within 90 days of purchase. Coverage up to $1,000 per item and $50,000 per account per calendar year.
Extended Warranty
Extends the original manufacturer's warranty by up to 12 months on eligible purchases. Coverage up to $10,000 per item. Applies to items with existing manufacturer warranties of 5 years or less.
Stop tracking this in a spreadsheet.
The MaxWorth app tracks all 2 Rakuten American Express Card benefits automatically — redemption progress, reset dates and expiry alerts.