Madeen encyclopedia

MGM Rewards

MGM Rewards is a issuer currency program linked to 2 cards in the Madeen catalog. Madeen uses about 1¢ per point for effective-rate comparisons. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only.

What is MGM Rewards?

MGM Rewards is a rewards program linked to 2 card(s) in the Madeen U.S. catalog snapshot. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only.

Which cards earn MGM Rewards?

Madeen tracks 2 U.S. credit cards earning MGM Rewards. Rankings below use effective rate — multiplier times catalog cents-per-point. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only.

How valuable is MGM Rewards?

Madeen effective-rate analysis assumes about 1 cents per points for comparison across categories. Your redemption value may differ. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only.

How does MGM Rewards compare to cash back?

MGM Rewards can beat flat cash back when multipliers and redemptions align; see related cards sorted by Madeen effective rate. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only.

Ranked by Madeen effective rate in each card's strongest category. Issuer terms control current offers.

Card Issuer Top category Effective rate Annual fee
MGM Rewards World Elite Mastercard FNBO Grocery 2% $0
MGM Rewards Iconic World Elite Mastercard FNBO Grocery 2% $249

Frequently asked questions

What is MGM Rewards?
MGM Rewards is a rewards program linked to 2 card(s) in the Madeen U.S. catalog snapshot. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only.
Which credit cards earn MGM Rewards?
Madeen tracks 2 cards that earn MGM Rewards. See the related cards table on this page for effective rates and annual fees. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only.
Does Madeen guarantee approval or bonus eligibility?
No. Madeen summarizes public catalog and issuer information for education. Approval, offers, and benefit enrollment are controlled by issuers and can change. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only. Issuer terms control eligibility, caps, and exclusions; Madeen summarizes catalog data for comparison only.

Madeen analysis. Data from catalog snapshot 2026-06-01. Last reviewed 2026-06-03. Reviewed by Madeen editorial review. Issuer pages control rewards, fees, benefits, and eligibility.