Best Categories for This Card
Dining & Restaurants
4x on your top 2 eligible categories each billing cycle, on up to $150,000 combined per year
Food Delivery
4x on your top 2 eligible categories each billing cycle, on up to $150,000 combined per year
Gas Stations
4x on your top 2 eligible categories each billing cycle, on up to $150,000 combined per year
Rideshare & Transit
4x on your top 2 eligible categories each billing cycle, on up to $150,000 combined per year
Business Services
4x on your top 2 eligible categories each billing cycle, on up to $150,000 combined per year
Electronics Stores
4x on your top 2 eligible categories each billing cycle, on up to $150,000 combined per year
Phone & Wireless
4x on your top 2 eligible categories each billing cycle, on up to $150,000 combined per year
Online Advertising
4x on your top 2 eligible categories each billing cycle, on up to $150,000 combined per year
Complete Rewards Breakdown
| Category | Multiplier | Type | Cap | Effective Return |
|---|---|---|---|---|
| Dining & Restaurants | 4x | Capped Spending | $150,000 cap | 8.00% |
| Food Delivery | 4x | Capped Spending | $150,000 cap | 8.00% |
| Gas Stations | 4x | Capped Spending | $150,000 cap | 8.00% |
| Rideshare & Transit | 4x | Capped Spending | $150,000 cap | 8.00% |
| Business Services | 4x | Capped Spending | $150,000 cap | 8.00% |
| Electronics Stores | 4x | Capped Spending | $150,000 cap | 8.00% |
| Phone & Wireless | 4x | Capped Spending | $150,000 cap | 8.00% |
| Online Advertising | 4x | Capped Spending | $150,000 cap | 8.00% |
| Card Travel Portals | 3x | Ongoing | — | 6.00% |
| American Express TravelMerchant | 3x | Ongoing | — | 6.00% |
Card details
- Network
- American Express
- Foreign transaction fee
- None
- Credit usually needed
- Good (about 670+)
- What a point is worth
- 1.00¢ as cash · up to 2.00¢ via transfer partners
- Last verified
- Oct 15, 2026
What's a point worth?
Points aren't dollars. A Chase, Amex, Citi or Capital One point is worth about 1¢ as cash back, and often 1.5–2¢ or more when you move it to an airline or hotel partner. Our rates use your setting — Smart (travel value only when you hold a card that unlocks transfers), Cash value or Travel value. See how we rank.
What does a “cap” mean?
Some bonuses only apply up to a spending limit — say 6% on the first $6,000 a year at U.S. supermarkets. Past the cap, the card earns its base rate (often 1%). Log your spend in your wallet and our answers switch to your next best card once a cap is used up.
Pairs well with
Cards that add the most on top of this one for typical U.S. spending, after their annual fees. Use your own spending →
Want more details?
Fees, benefits, and current offers change frequently. Visit American Express’s official page for the most up-to-date terms straight from the issuer.
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