Abstract: A cargo rack is arranged to be easy to fasten to a rear deck region of a personal watercraft. The cargo rack holds items that personal watercraft users typically want to carry such as food and beverage containers, chairs, fuel containers, picnic supplies, etc. The cargo rack comprises a frame arranged to form a basket having a base arranged to rest upon an upper surface of the deck and a mounting bracket assembly connected to the base. The mounting bracket assembly includes a retainer guide having a passage therethrough mounted to the frame. A retainer rod extends through the passage in the retainer guide such that an upper portion of the retainer rod extends above the retainer guide and a lower portion of the retainer rod extends below the retainer guide and below the base of the frame.