- Rakuten American Express card on the AmEx network (issued by Imprint) currently offers a $200 signup bonus after $2,000 spend within 90 days (updates show fluctuations between $100 and $200). - Earn structure: an extra 4% cash back on Rakuten shopping (cap $7,000/year) plus 5% extra on Rakuten Dining (total 10% Dining), 2% groceries/restaurants, and 1% other; no foreign transaction fees. - Notes: cashback pools with your Rakuten balance and can be redeemed as Rakuten points or converted to Membership Rewards points; usefulness depends on Rakuten usage and the bonus has varied over time.

(Update: $200 Bonus) Rakuten American Express Card With Extra Earnings On Rakuten Shopping & Dining Update 4/10/26: Back to $200. Update 2/13/26: Increased again to $200 after $2,000 spend. (hat tip Morgan and defaulting) Update 12/17/25: Today only the signup bonus is increased to $200 (or 20,000 Bilt/AmEx points). Update 10/16/25: Bonus is now $100 after $1,000 spend within 90 days. Rakuten announced today their new credit card which card runs on the American Express network and is issued by the fintech Imprint and their banking partner First Electronic Bank. $25 signup bonus spending $500 $100 after $1,000 spend within 90 days Looks like there is no foreign transaction fee Card earnings: Earn an extra 4% cash back on top of what you already earn while shopping on Rakuten’s platform of more than 3,500 stores (in-store or online). This is limited to the first $7,000 of credit card spending each calendar year. Afterwards 1%. Earn an extra 5% cash back on top of the 5% you can earn with Rakuten Dining at more than 22,000 partner restaurants. That’s a total of 10% cash back on Rakuten Dining. Earn 2% cash back on Grocery and Restaurants. Earn 1% cash back on all other purchases. Earn an extra 4% cash back on top of what you already earn while shopping on Rakuten’s platform of more than 3,500 stores (in-store or online). This is limited to the first $7,000 of credit card...