Best Categories for This Card
Card Travel Portals
5x prepaid hotels, 3x flights and 2x prepaid car rentals booked through AmexTravel
American Express Travel
5x prepaid hotels, 3x flights and 2x prepaid car rentals booked through AmexTravel
Dining & Restaurants
On up to $50K in purchases per calendar year
Groceries
4x at U.S. supermarkets on up to $25,000 per calendar year, then 1x
All Other Purchases
Complete Rewards Breakdown
| Category | Multiplier | Type | Cap | Effective Return |
|---|---|---|---|---|
| Card Travel Portals | 5x | Ongoing | — | 10.00% |
| American Express TravelMerchant | 5x | Ongoing | — | 10.00% |
| Dining & Restaurants | 4x | Capped Spending | $50,000 cap | 8.00% |
| Groceries | 4x | Capped Spending | $25,000 cap | 8.00% |
Everywhere else | 1x | Ongoing | — | 2.00% |
Statement credits
Up to $424 a year if you use every one (annual fee: $325). Track them in your wallet.
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 11, 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.
Downgrade options: American Express® Green Card, The Platinum Card® from American Express — a product change keeps your account history if this card stops earning its fee.
Recent changes
- Oct 12, 2026Welcome bonus: Up to 100,000 points after $8,000 in 6 months (offers vary) (was 60,000 Membership Rewards after $6,000 in 180 days)
- Oct 11, 2026Dining & Restaurants: 4x → 4x (up to $50,000 a year; On up to $50K in purchases per calendar year) · source: americanexpress.com
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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