rakuten referral bonus

Get 15% Back with Rakuten for Black Friday + Another $40 Bonus?!

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Rakuten (previously known as Ebates) is one of the absolute best shopping portals out there – an easy way to earn extra cashback (or valuable Amex Membership Rewards points!) on your online shopping. And for Black Friday shopping, Rakuten is kicking it into overdrive.

Leading up to Black Friday, Rakuten is offering 10% cashback (or more) at 200-plus stores. Those bigger cashback bonuses range from Walgreens and ULTA to Saks Fifth Avenue and Nike Check out the full list of stores offering at least 10% cashback. 

But starting on Thanksgiving day, running through the entire Black Friday weekend and into Cyber Monday, it gets even bigger. Rakuten says it will offer 15% cashback rates at more than 500 stores. If you’re on the lookout for a big Black Friday deal, it’s worth seeing if you can make that deal even bigger by clicking through Rakuten first.

But if you haven’t used Rakuten before, you can earn even more. Rakuten is currently offering a $40 referral bonus to any new members who sign up and make their first purchase of $40 or more. That’s right: Sign up, spend $40, and get at least $40 back. It’s the biggest new sign-up bonus we’ve seen from Rakuten, and you can easily stack it with a 10-15% cashback offer to earn even more.

rakuten referral bonus 

Want points to fund your future travels instead? Rakuten also now allows you to convert your cashback to American Express Membership Rewards points. That same $40 cashback total could be 4,000 Amex points.

Let’s say you’re planning to score a deal on a cordless vacuum and make a $300 purchase at Dyson, where Rakuten says it will offer a 15% cashback bonus over the weekend. First, sign up for Rakuten to make sure you’re eligible for that $40 bonus. Then just click through Rakuten to Macy’s and make your purchase as normal. You’ll earn another $45 back on the purchase itself, adding up to $85 back total – or 8,500 Amex points.

If you haven’t already, sign up for Rakuten to be eligible for this sign-up bonus and start shopping. There’s no need to rush to make your first purchase: You’ve got 90 days from the date you sign up to make a purchase and still earn the bonus. But with these big Black Friday bonuses on the horizon, it’s worth making your first purchase for your holiday shopping.

And from there, you may be able to refer friends and earn another $40 bonus for each referral that spends $40, too! Not every account will be eligible to refer friends and family for a bonus, but many will.


How Rakuten Works

Getting in on these cashback bonuses is simple. First, sign up for Rakuten if you haven’t already. As a bonus, you’ll receive an extra $40 reward after your first purchase of $40 or more through Rakuten by signing up through our link.

Just be sure to make your first purchase of $40 through Rakuten within 90 days of signing up. That’s the key for getting that $40 bonus.

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.

Or you can even set up your account to earn American Express points rather than cashback.


Bottom Line

These big bonuses for new Rakuten members combined with huge cashback bonuses for Black Friday are unbeatable at a time when we’re all shopping online more than ever. Sign up for Rakuten today and start earning something back on your online shopping before this bonus ends!

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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