Rakuten (previously known as Ebates) is offering 12% cashback rates at more than 100 stores – but only through the end of today, Monday, Oct. 12.
Haven’t used Rakuten before? You’re in luck. It’s one of the best online shopping portals out there, allowing you to earn some cashback (or American Express points) on your purchases. Sign up and make a purchase of $30 or more, and you’ll earn a $30 bonus straight away, too!
There are plenty of stores that will earn you 12% cashback, including Adidas, Gap, L’Occitane, Macy’s, Saks Off Fifth, and more. Check out the full list of participating stores.
Got a card that earns American Express Membership Rewards points, like the Platinum Card from American Express or the American Express Gold Card? It gets even better.
Rakuten now allows all members to earn Amex points instead of cashback. So that 12% cashback works out to 12x Membership Rewards points per $1 spent. That’s a great return if you’ve got some online shopping to do.
How Rakuten Works
Getting in on these cashback bonuses is easy. First, sign up for Rakuten if you haven’t already. You’ll earn an additional $10 bonus after completing your first purchase of at least $25. Full disclosure: We also get a bonus, so we appreciate it if you use our link!
Whether you’re shopping at Amazon and Target or buying a Blue Apron subscription, you’ll get a percentage of your purchase price back from hundreds of stores. You’ll get paid every three months, through either a paper check or a PayPal transfer.
Stack this 12% bonus at 100-plus stores with the referral bonus, and you could quickly earn a lot of cashback – or earn American Express points instead. Let’s look at an example.
Let’s say you’ve got a $100 purchase to make at Macy’s. By signing up for Rakuten with this link, you’ll earn $30 after your purchase. Just click through Rakuten before making your Macy’s purchase – it’s that easy.
But because Rakuten is offering 12% cashback at Macy’s through the end of the day, you’ll earn another $12 on your purchase. In total, you easily earned $42 cashback – or 4,200 Amex points. Not bad!
Read more: Use Online Shopping Portals to Earn More Points & Miles.
Bottom Line
Rakuten is one of the best ways to get something more out of your online shopping. With these 12% cashback rates and the referral bonus, it’s a fantastic deal.
But these bigger bonus cashback rates are only available today, Monday, Oct. 12. So act fast if you’ve got some online shopping to do!