Table of Content
Introduction
Cash back apps, rebate websites, reward credit cards, and debit cards have become increasingly popular, and for good reason. Pilar, a prominent lifestyle blogger, confesses to being addicted to these cash back apps and rebate websites in her recent video. She emphasizes that what she once perceived as a scam has now become a significant part of her financial strategy. Pilar illustrates how she has successfully accumulated rewards and utilized them to obtain free flights, lodging with Airbnb, free meals at restaurants, and indulged in shopping sprees. In this blog post, I will delve into Pilar's detailed review of using Rakuten, a renowned rebate site, shedding light on its offerings and effectiveness.
Pilar references a special holiday season promotion where one can receive $40 cashback after spending $40 on Rakuten using a unique promo link. However, outside this promotional period, new users typically earn anywhere between $20 to $30 upon signing up with a promo link. This limited-time offer accentuates the appeal of Rakuten's sign-up bonuses, making it an opportune moment for potential users to capitalize on these rewards. Such incentives have created considerable interest, especially during times of high inflation and soaring grocery prices, prompting individuals to turn to these platforms. Formerly known as Ebates, Rakuten partners with over 3,500 popular retailers and brands, including Macy's, Nordstrom Rack, Walmart, Nike, Levi's, and Disney, offering cash back rewards to users for their regular shopping through the platform.
Rakuten's seamless shopping process through its website and mobile app, as well as a browser extension that automatically identifies the best cashback deals, sets it apart from other rebate sites. Moreover, Pilar suggests an additional app that provides cash back rewards on gift card purchases, potentially enabling users to amplify their rewards when combined with Rakuten. Notably, Rakuten also extends its benefits to in-store shopping, albeit with certain limitations. With its robust earnings potential and diverse redeeming options, Rakuten entices a wide audience.
Signing Up and Earning with Rakuten
Signing Up and Earning with Rakuten
Signing up with Rakuten can be a lucrative way to maximize your spending and earn rewards for your purchases. Currently, Rakuten is offering a special promotion where new members can earn a $40 bonus by spending $40 through the platform. This promotion is especially attractive during the holiday season. Outside of this special offer, new members typically receive between $20 to $30 as a sign-up bonus when using a promo link.
Rakuten, formerly known as Ebates, is a popular rebate website that partners with over 3,500 retailers and brands, including Macy's, Nordstrom Rack, Walmart, Nike, Levi's, and Disney. The platform incentivizes users to shop through their site by offering cash back rewards on eligible purchases. Members can shop via the Rakuten app or desktop and easily track their cash back earnings.
In addition to the cash back rewards, members can also benefit from the browser extension, which automatically finds the best cashback deals when activated. Additionally, Rakuten offers in-store cash back rewards, although the options are limited compared to online shopping. By leveraging these features and maximizing referrals, users can make the most of their Rakuten membership and earn cash back on their everyday purchases.
Additional Features and Benefits
In addition to getting cashback rewards through online purchases, Rakuten offers other features and benefits that make it a popular choice among consumers. The Rakuten cashback button browser extension is a convenient tool that automatically finds the best cashback deals across the internet. This extension can be activated to alert users to better deals while shopping online, maximizing their savings. Furthermore, Rakuten provides an app that offers cashback rewards for purchasing gift cards. By utilizing this app in conjunction with Rakuten, users can further increase their rewards potential, creating a stacking effect for significant savings.
For those who prefer in-store shopping, Rakuten allows members to earn cashback rewards at select brick-and-mortar stores. While the selection of eligible stores for in-store cashback is limited, it still provides an additional opportunity for users to earn rewards on their purchases. By leveraging these additional features, users can maximize their cashback earnings and benefit from Rakuten's rewards program across various shopping scenarios, both online and in-store.
Getting Paid and Cash Out Options
Once your cash back rewards start accumulating in your Rakuten account, you'll need to consider your options for getting paid. Rakuten offers three methods for receiving your rewards. The first option is to link your PayPal account to your Rakuten account. This allows your cash back rewards to be directly deposited into your PayPal account. Alternatively, you can opt to receive a physical check delivered to your mailbox. Lastly, if you hold an American Express credit card, you can enroll in a program that allows you to earn membership rewards points on eligible purchases made through Rakuten, earning one percent cash back which is equal to one additional point for every dollar spent.
Before you get too excited about cashing out, it's important to note that Rakuten has a minimum cash out threshold of $5.01. Once you meet this minimum threshold, your cash back payments are sent out every three months based on the schedule designated by Rakuten. This means you won't be able to immediately cash out your rewards as soon as they hit your account, although there is a way to expedite the process. By referring other individuals to the Rakuten rebate site using your unique referral link, you can earn referral bonuses for each person that makes a qualifying purchase within 90 days, providing a faster way to access your accumulated rewards.
Refer-A-Friend Program
Rakuten's Refer-A-Friend program is a compelling feature that allows users to earn additional rewards by inviting others to join the cashback platform. Upon signing up for Rakuten, users gain access to a unique referral link that they can share with friends and family. When a referred individual makes a qualifying purchase within 90 days, the user who referred them receives a referral bonus. The current holiday season offers an especially generous referral bonus, with users potentially earning up to $40 for each successful referral.
This program presents a lucrative opportunity for existing Rakuten members to boost their earnings beyond regular cashback rewards. By leveraging their network and encouraging others to join and make purchases through Rakuten, users can accumulate significant referral bonuses. The platform aims to incentivize and reward members for spreading the word about Rakuten, effectively turning satisfied users into brand advocates. The referral bonus is typically paid out within 60 days of the referred individual's qualifying purchase, providing a relatively quick turnaround for earning additional income through the program.
Final Thoughts and Pros/Cons
In conclusion, Rakuten offers a seamless and lucrative experience for earning cash back rewards while shopping at favorite stores. The ability to stack rewards with other apps and credit cards further boosts the savings potential, making it an attractive option for avid shoppers. Additionally, Rakuten's sign-up bonus is one of the most generous in the industry, providing new members with a strong incentive to join the platform.
However, there are a couple of drawbacks to consider. Firstly, members have to wait three months to receive their cash back rewards, which could be perceived as a downside for those seeking more immediate benefits. Secondly, the constant email marketing of daily deals and cash back offers from Rakuten might lead to increased spending if not managed carefully.
Overall, Rakuten appears to be advantageous for holiday shopping and can still be valuable throughout the year when strategically combined with other rewards apps and cards. As with any rebate or rewards program, it's essential for users to be mindful of their spending and only make purchases that align with their budget and needs.
Conclusion
In conclusion, Rakuten proves to be a valuable cashback app, enabling users to earn rewards on their regular purchases from a wide range of retailers. The platform's sign-up bonus is notably one of the most generous in the industry, making it an appealing option for those looking to maximize their savings. By stacking Rakuten rewards with other apps and credit cards, users can further amplify their benefits. The convenience of using the Rakuten browser extension to automatically find the best cashback offers online adds to the platform's allure.
However, it's essential to note that the delay in receiving cashback rewards and the potential for increased spending due to frequent marketing emails are downsides. Waiting three months for cashback payments may be a drawback for some users. It's also important to exercise caution to avoid overspending in response to the marketing of daily deals and cashback offers. Despite these limitations, Rakuten remains an effective tool for saving money, especially during holiday shopping seasons when the benefits are more pronounced. If used strategically, Rakuten can be a valuable asset for individuals looking to optimize their shopping experience and save money.
Highlight
In the video, Pilar shares her personal review of using the Rakuten rebate site. Rakuten, formerly known as Ebates, is a popular rebate website that incentivizes users to shop at over 3,500 well-known retailers and brands. Members can earn cash back rewards by simply doing their regular shopping through Rakuten. Pilar discusses sign-up bonuses, how to use Rakuten for in-store shopping, payment options, and the minimum cash-out threshold.
She also provides tips on maximizing cash back rewards, such as using the Rakuten browser extension and leveraging referral bonuses to earn money faster. Pilar acknowledges both the pros and cons of using Rakuten, mentioning the potential drawbacks of waiting for cash back rewards and the temptation of increased spending due to daily deals and cash back offers.
Ultimately, she recommends using Rakuten for holiday shopping and advises potential new users to ensure they sign up through the promo link provided in her video description to get the highest cash back rewards.
Overall, Pilar's review offers valuable insights for anyone considering using Rakuten to earn cash back rewards on their regular and holiday shopping.
FAQ
Q: What is Rakuten and how does it work?
A: Rakuten is a popular rebate website formerly known as Ebates. It incentivizes users to shop at over 3,500 well-known retailers and brands, offering cash back rewards for regular shopping through the Rakuten platform. Users can shop via the Rakuten mobile app or on desktop, select their preferred store, review available cashback offers, and shop as usual. After making a purchase, Rakuten tracks the order and rewards users with cash back on eligible items within a few hours to a couple of days.
Q: How can users maximize their cash back rewards with Rakuten?
A: Users can maximize their cash back rewards by using the Rakuten cashback button browser extension, which automatically finds the best deals on cashback offers across the internet. Additionally, users can earn more cashback rewards by purchasing gift cards through a specific app that offers cash back rewards for gift card purchases, which can be used in conjunction with Rakuten to further stack rewards.
Q: What are the payment options and minimum cashout threshold for Rakuten rewards?
A: Users have three options to receive their Rakuten rewards: through PayPal, by receiving a check, or by enrolling in the American Express program to earn membership rewards points on eligible purchases. The minimum amount required to cash out is $5.01. Cash back payments are sent out every three months based on the payment schedule visible to users, and they can expect payments once they meet the minimum threshold.
Q: How can users expedite their earnings from Rakuten?
A: Users can expedite their earnings by referring other individuals to the Rakuten rebate site with their unique referral link. Upon successful referrals, users earn a referral bonus and may receive the payment within 60 days of the referral's qualifying purchase.
Q: What are the pros and cons of using Rakuten?
A: Some pros of using Rakuten include a seamless shopping experience, the ability to stack rewards with other apps and credit cards, and a generous sign-up bonus. However, cons may include the waiting period to receive cash back rewards and the potential to overspend due to the frequent marketing of daily deals and cashback offers.
Q: What is the holiday season promotion for Rakuten, and how can users take advantage of it?
A: Rakuten's holiday season promotion offers a "spend 40, get 40 dollars back" deal, allowing users to receive $40 in cash back by simply spending $40 on the Rakuten rebate website. This promotion is available only during the holiday season and requires a specific promo link for sign-up.
Conclusion
In conclusion, Rakuten is a popular rebate website offering cash back rewards for shopping at various retailers. The platform provides a seamless experience and generous sign-up bonuses, allowing users to stack rewards with other apps and credit cards. However, there are drawbacks, such as the wait time for receiving cash back rewards and the potential to overspend due to frequent marketing offers. Despite these drawbacks, Rakuten can be a valuable tool for saving and earning money, especially during holiday shopping.