If you join Rakuten by March 31st, 2022 you will receive a $30 bonus for this holiday shopping season. All you need to do is join Rakuten and spend at least $30 within 90 days. This offer is a substantial bonus offered for new members, and it’s excellent timing, especially if you’re planning some online purchases for the busy holiday season.
Usually, Rakuten offers $10 to join, but now you can join and refer a friend, and you both will receive $30. Rakuten is one of my favorite online shopping portals because it gives you the ability to earn Amex Membership Reward points at pretty strong redemption rates. So if you haven’t signed up yet, make sure you do it today, save yourself a good chunk of money immediately, and continue to earn rewards for future travel.
Why this is a great deal:
• “Free” Spending – Earn a $30 credit on a $30 purchase
• Easy to Earn – Spend at over 2,500 stores directly or with a gift card
• Refer Friends & Family and earn $30 for each person referred and spends
• Earn even more value in the long run by converting to Amex Points
If you’re not familiar with the site, Rakuten is an online shopping portal that used to be named Ebates. Rakuten also has offers for in-store shopping, so there are multiple ways to earn. Check out our article for shopping portals on more ways to earn and maximize your savings. You can also download the Rakuten Chrome extension. When you visit a website that has an offer, you’ll be able to click and activate the offer directly instead of going to Rakuten’s website.
AMEX Points Conversion
Rakuten is one of my favorite shopping portals because you can convert your cash back rewards to Amex Membership Rewards. I value Amex points at just over 2 cents a piece due to its ability to transfer to several valuable partners like Air Canada, Delta Airlines, and British Airways. That means the $30 bonus or 3,000 points bonus can be worth over $60 if you choose to earn Membership Rewards instead of cashback.
The ability to earn a transferable currency rather than just earning in one program is fantastic in the shopping portals world.
What credit cards to use?
When making a purchase online, make sure you pay attention to the bonus categories for that credit card. Typically, it’s best to use a credit card that offers a bonus for everyday spending. I’d recommend the following. Some links include referral codes:
• Capital One Venture Rewards Card: 2x on all purchases
• Citi Double Cash Card: 2x on all purchases
• Chase Freedom Unlimited: 1.5x if transferred to a Chase Sapphire card
• Chase Freedom Flex: Earn 5x back at Walmart and PayPal this quarter
Bottom Line
Rakuten is one of my favorite online shopping portals, and through March 31, 2022, they are offering a $30 bonus for all online shopping for you and anyone you refer. This offer is one of the best bonuses we’ve ever seen from Rakuten, and it’s only available if referred.
Since you only need to spend $30 to earn $30 back, it’s essentially a free purchase. You’ll save even more in the long term by converting your cashback to Amex Membership Rewards points and utilizing them for travel. Sign-up for Rakuten today, or refer your friends and family to earn even more for their online purchases for the holidays.
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