Update 11/20/23: Deal is back
Update 5/8/23: Deal is back through 5/15/23. (Rakuten is also currently offering this week 15-20x back at online retailers such as Dell, Saks, Zappos and more.)
Contents
The Offer
Direct link to offer (my referral link)
- Shopping portal Rakuten (formerly called eBates) is offering a referral bonus of $40. When you invite a friend to become a member and they spend $40 you’ll both earn a $40 bonus.
Our Verdict
The best referral bonus in the past has been $30. The nice thing about eBates/Rakuten is that you can convert cash back into American Express membership rewards as well at a 1¢ = 1 point rate which is nice. A lot of readers also seem to have less tracking issues with eBates/Rakuten than other portals, but the rates they offer are generally lower as well (use cashbackmonitor to compare). Definitely worth signing up for an account if you don’t already have one
Please do not share your own referrals in the comments below, instead you can share them on this linked post (if using one of these, make sure it says $30 and not $10/$15).
Post History:
- Update 11/30/22: Offer ends tomorrow, 12/1/22 at 11:59pm ET
- Update 5/9/22: Deal is back for May 8th through May 16th.
- Update 11/19/21: Deal is back Reposting 5/14/21 as this deal is back (might be targeted to some links, our link below works). Also a good time to sign up now for Rakuten if you want to take advantage of the 15% stores deal and the free hat/shirt deal. Hat tip to Chase-ing UR points
As
Bob the Bonus 🖇️ said below, this is now $30. And requires you to spend $30. Not a bad deal, but not the same as $30 cash…
Relatedly, their Sofi bonus is now back to $175 down from $200. So now looks like Swagbucks might be better option for the Sofi deal
(https://www.doctorofcredit.com/sofi-checking-5000-direct-deposit-required/)
Referral bonus is now $30. Ends 12/31/2023
The latest promotion ends on 11/30/2023
Capital One Shopping is offering $75 for selected users for referring right now
Referral season
Unfortunately capital shopping doesn’t let you get cash back only gift cards.
Thank you for posting!
Right now there is a $30 referral from 10/1/2023 – 12/31/2023
I’m showing the $30 referral active currently.
Signed up with the referral link here, made $40 in purchases at Walmart in-store. $40 credited instantly to my Rakuten balance after purchase.
enjoy the $40 referral bonus Doc.
I had invited my wife and she made a big purchase. Then both of our accounts were banned and the we lost the cashback as well. I contacted Rakuten and they refused to help.
Join the club. The terms and conditions say you CAN refer to spouse and family but they have the out of being able to suspend anyone. Truman should have dropped another couple of bombs over this kind of attitude.
deleted comment.