Rakuten Membership Rewards
Synchrony Bank and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of Synchrony Bank. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.
How we calculate effective rate →
The Rakuten Membership Rewards from Synchrony Bank earns up to 0.6% effective value on dining in Madeen's catalog snapshot. It has no annual fee.
- Top category
- Dining
- Effective value
- 0.6%
- Annual fee
- $0
Best for dining-heavy spend when you want to avoid an annual fee; confirm issuer terms before applying. Best for spenders who put meaningful volume in dining and can earn 1% back.
What does the Rakuten Membership Rewards earn in each category?
Dining is the strongest category at 0.6% effective value (1% back). That dining rate ranks higher than about 0% of the 2,850 cards we track in that category. The five-category effective-rate table on this page shows how Rakuten Membership Rewards compares across dining, grocery, gas, travel, and other spend.
Dining is the strongest category at 0.6% effective value (1% back). That dining rate ranks higher than about 0% of the 2,850 cards we track in that category. The five-category effective-rate table on this page shows how Rakuten Membership Rewards compares across dining, grocery, gas, travel, and other spend.
| Category | Earn rate | Effective value |
|---|---|---|
| Dining Restaurants, cafes, takeout | 1% back | 0.6% Top category |
| Grocery Supermarkets and grocery stores | 1% back | 0.6% |
| Gas Gas stations and fuel | 1% back | 0.6% |
| Travel Flights, hotels, transit | 1% back | 0.6% |
| Other General everyday spend | 1% back | 0.6% |
Madeen values cash back at about 0.6 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.
Who should get the Rakuten Membership Rewards?
The Rakuten Membership Rewards fits spenders who put meaningful volume in dining and can earn 1% back. Best for spenders who put meaningful volume in dining and can earn 1% back.
Rakuten Membership Rewards fits spenders who put meaningful volume in dining and can earn 1% back. Madeen ranks its dining effective rate higher than about 0% of the catalog in that category. Compare it against cards you already carry with Madeen — no bank login required.
Best for spenders who put meaningful volume in dining and can earn 1% back.
Mostly a flat base earn card without strong category bonuses.
Best for dining-heavy spend when you want to avoid an annual fee; confirm issuer terms before applying.
Pros
- Strongest Madeen category is dining at about 0.6% effective (1% back).
- No annual fee in our catalog snapshot.
- No foreign transaction fee listed.
Cons
- Compare simpler no-fee cards if you want minimum complexity.
Does the Rakuten Membership Rewards have an annual fee?
The Rakuten Membership Rewards has an annual fee of $0 and a foreign transaction fee of None. Confirm current fees on the issuer page before applying.
- Annual fee
- $0
- Foreign transaction fee
- None
Related encyclopedia topics
Common questions about the Rakuten Membership Rewards
Does the Rakuten Membership Rewards have an annual fee?
The Rakuten Membership Rewards carries an annual fee of $0 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification.
What category earns the most with the Rakuten Membership Rewards?
Dining is the strongest Madeen category for the Rakuten Membership Rewards at about 0.6% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page.
Does the Rakuten Membership Rewards charge foreign transaction fees?
The Rakuten Membership Rewards does not charge a foreign transaction fee in Madeen's catalog snapshot, which can make it stronger for purchases outside the U.S. Issuer terms still control international acceptance and other fees.
What credit score do you need for the Rakuten Membership Rewards?
Madeen's catalog lists a typical credit range of Good for the Rakuten Membership Rewards. Issuers decide approval using their own criteria; Madeen does not predict approval odds or prequalification.
How do you redeem rewards on the Rakuten Membership Rewards?
Rewards on the Rakuten Membership Rewards post as cash back. Redemption value depends on how you use cash back (statement credit, travel, transfers, or issuer portals). Madeen shows effective cash-equivalent rates using standard valuations.
How do I maximize rewards on the Rakuten Membership Rewards?
To maximize the Rakuten Membership Rewards, route dining and other bonus categories through this card when they match your spend, then compare it against cards you already carry with Madeen at checkout.
How does the Rakuten Membership Rewards compare to similar cards?
Compare the Rakuten Membership Rewards against Verizon Visa (4% on Dining, $0 fee); PayPal Extras Mastercard (3% on Dining, $0 fee); Venmo (3% on Dining, $0 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.
| Card | Top category | Effective value | Annual fee |
|---|---|---|---|
Rakuten Membership Rewards This card | Dining | 0.6% | $0 |
Synchrony Bank | Dining | 4% | $0 |
Synchrony Bank | Dining | 3% | $0 |
Synchrony Bank | Dining | 3% | $0 |
Synchrony Bank | Dining | 2.8% | $99 |
Related Madeen guides
Related cards
See how this card ranks in your wallet
Madeen compares the cards you already carry for dining, groceries, gas, travel, and everyday purchases — free, no bank login required.
Synchrony Bank and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of Synchrony Bank. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.
Madeen compares cards you add to your wallet using published catalog rules — no bank login required. Issuer pages control current fees, caps, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice. Apply links are temporarily hidden on madeen.app. Affiliate disclosure