Rakuten AmEx Credit Card Review (2025.12 Update: $200 Offer, Today Only) – US Credit Card Guide

2025.12 Update: The new offer is $200, only for Dec 17.

2025.10 Update: The new offer is $100.

Application Link

Features

1. $200 Offer: get a $200 bonus when you spend $2000 in the first 90 days. This is the best offer on this card.
2. Earn an extra 4% cash back on Rakuten purchases; earn an extra 5% cash back on Rakuten dining partners; earn 2% cash back on groceries and restaurants; and earn 1% cash back on everything else.
3. You can choose to link your Rakuten account with AmEx Membership Rewards (MR) account, and transfer its cash back to MR points at a 1:1 ratio. You can also choose to link your Rakuten account with Bilt account, and transfer its cash back to Bilt points at a 1:1 ratio for a limited time (after 2026.5 the ratio will be 1:0.5 or more according to your Bilt account status).
4. No annual fee.

Disadvantages

1. There’s a cap on the extra 4% cash back rate on Rakuten purchases: up to $7,000 in a calendar year.
2. The issuer is small (powered by Imprint, issued by First Electronic Bank).
3. It has foreign transaction fee, so it’s not a good choice outside the US.

Summary

You can buy almost anything on Rakuten, so this card is essentially a 4% online shopping card. The biggest limitation is the $7,000 a year cap.

Historical Offers Chart

Application Link

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