How to Use Rakuten for Cash Back

Rakuten is a popular cash back site known for offering cash back on purchases at a wide range of major retailers. By using the Rakuten app, website, or browser extension, users can access their preferred retailer and make a purchase to earn cash back. While most cash back offers are for online purchases, some are also available for in-store transactions.

Stores pay Rakuten a commission for sending them customers who make a purchase, and Rakuten then passes a portion of this commission to users in the form of cash back. The amount of cash back varies by store and sometimes by department within the store. The platform also provides the opportunity to earn bonuses and rewards, making it an attractive option for savvy shoppers. Additionally, Rakuten periodically offers sign-up bonuses, such as a $4 bonus for making purchases totaling at least $40 through their portal within a specific time frame after joining.

To earn cash back through Rakuten, users need to create an account and ensure they use a referral link showing the bonus offer before signing up. Once logged in, they can select a store from Rakuten's list or use the search bar to check for cash back offers. By activating the cash back through Rakuten and making the purchase on the store's website, users can automatically earn cash back and receive notifications about their cash back earnings and payment schedules.

Earning Cash Back Through Rakuten

Rakuten, one of the most popular cashback sites, enables users to earn cash back on purchases made at numerous major retailers. By simply using the Rakuten app, website, or browser extension to access the retailer, users can make their purchases and receive a portion of the commission that stores pay Rakuten for sending them customers. The cashback amount varies by store and sometimes by department, with current offers including up to 12% cash back at Dell, up to 6% back at Walmart, and 10% back online or 6% back in-store at Macy's.

To start earning cash back through Rakuten, users need to create a Rakuten account using a referral link showing the $40 bonus offer before they can activate their cash back at their chosen store. Once the cashback is activated, users will automatically be taken to the store's website where cookies track their activity. After making the purchase on the site, they will automatically earn the cash back and be notified when they can cash out. Users can also opt to use Rakuten's Chrome extension, which notifies them about cashback deals and can be activated during online purchases. Additionally, utilizing a cashback credit card to pay for online orders through Rakuten allows for even more cash back on purchases.

Important Things to Keep in Mind When Using Rakuten

When using Rakuten, there are several important things to keep in mind to ensure you maximize your cash back opportunities. First, it's crucial to remember that you need to make purchases through the Rakuten portal to earn cash back. This means that you should avoid making purchases directly from the retailer's website if you want to receive the cash back benefits. It's advisable to have the Rakuten app easily accessible on your phone or to use the Rakuten Chrome extension to stay informed about cash back deals and to activate cash back when visiting eligible store websites.

Additionally, it's essential to note that you have to reactivate cash back for each purchase at a specific store through Rakuten and to check the terms and exclusions for each store to understand what qualifies for cash back. Furthermore, considering the time it takes for cash back to be confirmed and added to your account, as well as the payout schedule, is important for managing your expectations around receiving your cash back rewards. Lastly, it's crucial to keep your account active and ensure that your balance stays above $5 to avoid any maintenance fees.

In summary, staying mindful about where and how you make your purchases, keeping track of the terms and conditions for cash back, and being aware of the payment and account maintenance guidelines can help you make the most of your experience with Rakuten.

Getting Paid Through Rakuten

Once the store confirms your purchase with Rakuten, the cash back you earn will be added to your Rakuten account, and you'll receive a notification. However, it's important to note that it takes time for the cash back to be confirmed and added to your account. After your first purchase, your first payment from Rakuten can be sent as soon as 15 days, and thereafter, you can receive your cash back payment once every three months for any balances over $5. While the waiting period may seem lengthy, the process of earning cash back through Rakuten is relatively straightforward and can accumulate over time, making it a worthwhile endeavor.

When it comes to receiving your cash back payments, Rakuten provides two options: by check or PayPal, both of which are free. If you opt for PayPal, you can receive the money faster and without having to worry about potential mail delivery issues. It's worth noting that for those who have an AMX credit card enrolled in the Membership Rewards program, there is the alternative choice of redeeming rewards as American Express membership rewards points. However, the latter option is only applicable if you possess an eligible AMX credit card.

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In this video, we'll go over how to use Rakuten to earn cash back on your purchases and score an awesome bonus. Rakuten is one of the most popular cash back sites as it offers cash back on purchases at tons of major retailers just by using the Rakuten app, website, or browser extension to access the retailer and make your purchase. Rakuten is currently offering a $40 bonus if you make purchases totaling at least $40 through their portal within 90 days of joining.

To earn cash back through Rakuten, you'll need to create a Rakuten account and use a referral link showing the $40 bonus before creating your account. Once signed up, you can choose a store you want to shop at from their list and click to activate your cash back. Rakuten also offers a Chrome extension to notify you about cashback deals when you're on a store website.

Some important things to keep in mind when using Rakuten include making purchases through the Rakuten portal to earn cash back, activating cash back for each purchase at a store, checking terms and exclusions for each store, and understanding the payout process. You can choose to receive your cashback payments by check, PayPal, or as American Express Membership Rewards points if you have an eligible AMEX credit card.

Earning more than $5 in cash back from Rakuten allows you to cash out your rewards. Rakuten's payout schedule is set for February 15th, May 15th, August 15th, and November 15th of each year. Lastly, it's advisable to clear cookies, enable them, and avoid opening other tabs or visiting other sites from the moment you activate the cashback on Rakuten until you make your purchase, to ensure you can earn the cash back.

If you're interested in learning more about cashback credit cards, you can check out the next video in their series on the best no annual fee credit cards that offer great cash back rewards and sign up bonuses. If you found the video helpful, it would be beneficial to like, subscribe, and click the notification bell for further updates.

That's it for this Rakuten guide!

FAQ

Q: What is Rakuten and how does it work?

A: Rakuten is a popular cashback site that offers cash back on purchases from various retailers. When a user makes a purchase through Rakuten, the stores pay Rakuten a commission, and Rakuten shares a portion of that commission with the user in the form of cash back.

Q: How can I earn cash back through Rakuten?

A: To earn cash back through Rakuten, you need to create a Rakuten account and use the platform to shop at participating stores. Once you've activated cash back through Rakuten, make your purchase, and you'll automatically earn the cash back, which will be added to your Rakuten account.

Q: What are some important things to keep in mind when using Rakuten?

A: When using Rakuten, it's essential to remember that you must make purchases through the Rakuten portal to earn cash back. Additionally, you need to return to the Rakuten portal each time you want to place a new order at a store to activate the cash back. It's also crucial to review the terms and exclusions for each store to understand what purchases are eligible for cash back.

Q: How and when do I receive my cashback payments from Rakuten?

A: You can receive your cashback payments from Rakuten via check or PayPal. Once your account balance reaches $5 or more, you can request a payment. Rakuten's payout schedule includes payment dates in February, May, August, and November, and you can select your payment preference under your account settings.

Q: Are there alternative payment options offered by Rakuten?

A: Yes, Rakuten also provides the option to redeem rewards as American Express Membership Rewards points if you have an eligible AMEX credit card. However, this is subject to certain conditions, and users may opt for cash back if they prefer a more straightforward payment method.

Q: What are some tips for optimizing cashback earnings on Rakuten?

A: To maximize cashback earnings on Rakuten, it's recommended to use the Rakuten Chrome extension, clear cookies before using Rakuten, and ensure cookies are enabled. Users should also be mindful of the conditions for earning cash back and regularly review their account activity to ensure eligibility for payments.

Conclusion

In conclusion, using Rakuten to earn cash back on purchases can be a great way to save money on everyday expenses. With a wide range of retailers and the potential for bonus offers, it's definitely worth considering if you're looking to stretch your budget. Just be sure to familiarize yourself with the platform's terms and conditions, payment schedule, and best practices for maximizing your earnings. With a little effort, you can make the most of this cashback opportunity.