Ebates Partners with American Express to Allow Converting Ebates Cashback into Membership Rewards Points (1:1)

Ebates has partnered with American Express to allow you to earn your Ebates cashback in the form of Membership Rewards points instead. For example, if you earn $5 of cashback on Ebates, it’ll be converted to 500 points deposited to your Membership Rewards account. A lot of people value Membership Rewards points at much more than 1 cent per point, making this a terrific deal. Existing users can link here.

Ebates Amex Partnership

Direct Link to offer (only shows when you aren’t logged into your Ebates account – try incognito)

I don’t yet see any sort of press release on this, it’s probably a new thing they just began sending out on a small scale, but it’s publicly available for anyone who signs up for Ebates at this link (non-referral). 

Note: This option is currently only available for new Ebates members who sign up at the dedicated link. It’s not available currently for existing members, hopefully that will come eventually. (“Thank you for being an Rakuten member. Only new members can choose to receive Membership Rewards points at this time.”)


  • Points will be transferred to your Ebates account on the typical Ebates quarterly schedule.
  • Minimum $5 Ebates balance (500 points) for the transfer.
  • Initially, it was only possible to signup if you have a personal Amex Membership Rewards card. However, they’ve since updated this to allow even Amex business Membership Rewards cardholders to signup for this new kind of Ebates account.
  • Some have noted the language in the terms: “Card Members must use an Eligible Card Account at checkout to earn Membership Rewards points in their Ebates account” which sounds like you need to pay with an Amex card. However, users report receiving points regardless of which payment method was used. Most likely, the idea being conveyed there is that you need to have a Membership Rewards eligible card account in order to be able to link with your Ebates account. Just poor wording.

Learn more at these links: Amex, Ebates, Ebates

Ebates Signup Bonus

Those who signup for this special program also get an increased signup bonus: instead of the standard $10 bonus, you’ll get 1,500 Membership Rewards points. That should be worth at least $15, and for some people closer to $30.

All signup offers require making a $25 purchase within 90 days to be eligible.

Final Thoughts

This is a real shakeup to the portal comparison industry: Ebates doesn’t always have the best rates, but someone who values Membership Rewards points significantly higher than cash will begin using them a lot more often. At a minimum, a lot of people have the Schwab Amex Platinum card which allows redeeming points for 1.25 cents per point.

Also note, things like Ebates referrals or Ebates in-store cashback will likely also be converted to points, so something like a $25 Ebates referral bonus might become closer to a $50 value for some.

The Ebates credit card offers 3% back when using it in conjunction with Ebates. We wrote a separate post on how The Ebates Credit Card just got a lot more Valuable – Earn 3x Membership Rewards for Most Online Purchases.

Honestly, I’m surprised that Amex would associate with Ebates in this way. Maybe they make money from the breakage of points that don’t get used. Or it’s a shift to the thrifty consumer.

If someone wants to change to the new Ebates system, it might be possible close your existing Ebates account and open a new one at the new signup link. You may not be eligible for the signup offer, but it could work to get yourself into the new system. We’ll try to see if we can verify with Ebates.

[Note to Ebates staff: sorry, I refuse to call you Rakuten (which I still can’t pronounce, despite your Super Bowl video), you’re still Ebates to me.]

Check this post for information on how to refer friends to the new Ebates-MR account and earn referral credit.

Hat tip to reader S.

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San (@guest_863405)
December 31, 2019 21:16

 William Charles Now existing members also can link their Amex accounts. You might need to update the Note section.
Go to ‘ How would you like to get paid?’ part and link Amex account.

Ryan (@guest_797593)
August 13, 2019 12:38

I was told by an Ebates/Rakuten representative that it is against the terms of their agreement with American Express for them to issue a Rakuten credit card to an MR account.

If anyone has a DP on this it would be appreciated.

texaco (@guest_787541)
July 23, 2019 21:39

when I try this I’m getting an error. it lets me type my e-mail, then authenticates my amex account successfully mentioning i’m eligible, but then sends me back to the initial page asking for my email. i’ve tried Edge, Firefox, Chrome and Internet Explorer. Any suggestions?

Fresh (@guest_725548)
February 22, 2019 00:09

I just did this just now. I also have an old ebates account on a throw away email i use for spam emails. ive only gotten about 4 dollars in ebates since i was using the alaska mileageplan portal for most of my purchases and chase ink staples for my amazon purchases. I did incognito mode chrome(not sure if it mattered i was just in incognito mode and was lazy to close the other tabs i had open) it asked me to log into my amex account and in 3 seconds it verified and i am into the portal. I did use a real email address that is tied to my amex account. not sure if this matters either.

Kalboz (@guest_723851)
February 18, 2019 12:54

Thank you for being an Ebates member. Only new members can choose to receive Membership Rewards points at this time.

Mark (@guest_723407)
February 16, 2019 17:45

This was mentioned in my monthly membership rewards summary I received yesterday. It included the link to join ebates with the 1500 bonus points offer.

yeet_69 (@guest_723197)
February 16, 2019 01:01

You can make a new Ebates (Rakuten) account eligible for the offer by using a different email address, then switching the email addresses on the new account and your old one immediately.

Of course, you lose your lifetime cashback on your account. I made my Ebates account less than a month ago, so I don’t care but you might.

DaveC (@guest_723169)
February 15, 2019 23:28

I can’t think of anything preventing me from opening a new Ebates account with a new email. Any issues with that?

Mark (@guest_723409)
February 16, 2019 17:48

I can tell you I did that about a year ago and they shut it down within a few days.

Alex (@guest_723155)
February 15, 2019 22:40

Rakuten just got a Rakuten American Express card in Japan, so this makes the Ebates -> MR points earning make a lot more sense, in my opinion.


Not very useful for anyone not in Japan, but Rakuten is a huge major corporation with a lot of ties everywhere so this could have some interesting side benefits for people internationally.

Rakuten owns Ebates, the Rakuten affiliates program (which a lot of sites use for their official affiliate programs), Kobo (ebooks and audiobooks internationally), and a lot more.

TheMonkeyTech (@guest_723118)
February 15, 2019 21:30

I’m moving all my business from Topcashback to ebates now, see ya! But it might take some time to train the entire family of 4 get in the habit of going through ebates now instead.

CongestionCharge (@guest_723162)
February 15, 2019 22:58

Just do the browsers add on for Ebates.