Best-Ever $40 Bonus For New Rakuten Members: A No-Brainer Deal

Best-Ever $40 Bonus For New Rakuten Members: A No-Brainer Deal

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Link: Sign-up for a Rakuten account with a best-ever $40 bonus

Online shopping portals can be a great way to pick up bonus points for purchases you’d make anyway. Just for following a specific link, you can earn bonus points or cash back in addition to the rewards you’d earn for credit card spending.

Rakuten is my favorite online shopping portal, given that you can earn Amex Membership Rewards points with it at a favorable rate. For a limited time, Rakuten is offering its best-ever bonus for new members. I want to post a reminder of this, as the clock is ticking.

This is an incredible deal, so if you’re not yet a Rakuten member, signing up is truly a no-brainer, even if you’re not someone who usually uses online shopping portals.

Sign-up for Rakuten with $40 bonus

Through Monday, May 12, 2025, Rakuten is offering a generous elevated refer-a-friend bonus. Specifically, if you refer a friend to Rakuten and they spend $40, then both the person referring and the person being referred receive $40 (you’ll want to make sure that the link you use shows that bonus, since not all members may be able to refer others with this offer).

Rakuten is offering a $40 refer-a-friend bonus

This is a very good deal:

  • Rakuten is giving out $80 total for a $40 purchase
  • For the person being referred, they’re essentially getting a $40 credit on a $40 purchase — that’s like $40 of “free” spending!
  • There are easy ways to unlock the $40 bonus, including simply purchasing a $40 gift card (this is so easy — you can pick up a $40 gift card with a variety of retailers, and then you’ll receive $40 in cash)
  • You can then refer friends and family members, and earn an unlimited number of referral bonuses (OMAAT readers are welcome to leave their referral links in the comments section below)
  • Long term you can potentially get even more value with Rakuten, as rewards can be converted into Amex points

Convert Rakuten cash back into Amex points

The reason that Rakuten is my favorite shopping portal is because Rakuten rewards can be converted into Amex Membership Rewards points.

This can be done at the rate of one cent per point. Personally I value Membership Rewards points at 1.7 cents each. To me that increases the value of the rewards by 70%. For those wondering why I value Amex points so much more, it’s because of all the ways there are to redeem the points for first & business class international travel, while getting outsized value.

Earn Amex Membership Rewards points with Rakuten

The ability to earn Amex points with Rakuten is a game changer for me when it comes to online shopping portals. See this post for everything you need to know about earning Amex points with Rakuten, as you just need to adjust one easy setting in your account.

Redeem Amex points for Emirates first class

Bottom line

Rakuten is my favorite online shopping portal, and the company is currently offering its best-ever new member bonus. Through May 12, 2025, there’s a $40 referral bonus to both the person referring and the person being referred. This is a great bonus, and it’s exclusively available if you’re referred by another member.

Since only a $40 purchase is required, that’s like getting $40 worth of stuff more or less for free. Then long term you can even earn Amex Membership Rewards points in place of cash back, which I value significantly more.

If you don’t yet have a Rakuten account, this is the time to sign up.

Conversations (24)
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  1. Aitch Guest

    If you'd like :)

    www.rakuten.com/r/SYEDHA11?eeid=28187

  2. Capo Guest

    Please use this link for $40 after spending $40 or more.
    www.rakuten.com/r/CARLOS36634?eeid=28187

    Thank you!!!

  3. J3 Guest

    If I write something political on here will my post get boosted to the top?
    Here is my referral link:
    www.rakuten.com/r/J3DIGI?eeid=28187

  4. Julien Guest

    Hi Friends would love a referral, I'm going on a nice long trip in Europe next month and want to buy some hotels.com/agoda/booking.com gift cards -- You should too!

    www.rakuten.com/r/EVANRI67?eeid=28187

  5. Dc_nomad Guest

    https://www.rakuten.com/r/ESPINO444?eeid=44749

  6. Normal Guy Guest

    This is for uk users 25 pounds after purchase of 50 pounds
    www.rakuten.co.uk/r/YBDEMB?eeid=28187

  7. MB Guest

    here is my referral code for $40, thanks for using
    www.rakuten.com/r/NUUTSL?eeid=28187

  8. WJ Guest

    Here is my Rakuten referral code! Get $40 as signup bonus. Apprecaite the support!

    www.rakuten.com/r/WENTJU?eeid=28187

  9. Travel-Aficionado Diamond

    Use my referral link and get $40 or 4000 AMEX MR points after spending $40 on Rakuten:
    https://www.rakuten.com/r/FRANCO5047?eeid=28187

  10. Chris Guest

    https://www.rakuten.com/r/CSTEPH231?eeid=44749

  11. capo Guest

    here is a nice $40
    https://www.rakuten.com/r/CARLOS28450?eeid=44749

  12. kunia Guest

    After clicking a referral link, is there a place in Rakuten where I can confirm that I am being referred for the $40 cash back?

  13. NW Guest

    I signed up for this during their last promotion and have been using it for a while. The main motivation back then was to double dip on my AMEX Saks credit.

    So far, I think the website is clean, easy to use, and not annoying. However, I wouldn’t necessarily recommend the plugin—I deleted it after a few days because I don’t like seeing the redirect tag everywhere.

    I did have one issue with a promised...

    I signed up for this during their last promotion and have been using it for a while. The main motivation back then was to double dip on my AMEX Saks credit.

    So far, I think the website is clean, easy to use, and not annoying. However, I wouldn’t necessarily recommend the plugin—I deleted it after a few days because I don’t like seeing the redirect tag everywhere.

    I did have one issue with a promised cashback rate being reduced by Saks (at the time the promotion was 5% or 7%, can't remember; they changed it to 1% after several weeks). I asked and never received an explanation. I can only suspect that it's because of items on sale / clearance. I didn't bother to pursue further.

    Still I think it make sense to just take the sign up bonus if nothing else - especially if you need to spend for Saks credit anyways.

    And if you’re signing up now, I’d appreciate it if you use my invite: www.rakuten.com/r/FBPWAN?eeid=28187

    Hello from the Midwest, and have a great day!

  14. Sam K Guest

    Please use my link to get your $40 credit. https://www.rakuten.com/r/SAMKIM163?eeid=44753

  15. pono New Member

    One more referral. Thank you!
    www.rakuten.com/r/CD1295?eeid=28187

  16. Ting Guest

    https://www.rakuten.com/r/THFANG2?eeid=44749
    Spend $40, get $40 or 40.000 AMEX MR

  17. Ramon Ymalay Guest

    Here’s another referral
    www.rakuten.com/r/YMALAY2?eeid=28187

  18. Mo Guest

    Please use my referral link for RakuBen

    https://www.rakuten.com/r/MONEAK6?eeid=44753

  19. Thanks Guest

    Always appreciate your articles. If a few of your users can use my link, it would be appreciated :)

    www.rakuten.com/r/SEANKL6?eeid=28187

  20. er12 Guest

    Would love a referral. You spend $40, get $40 (or 4,000 Amex MR) back!

    signup on: www.rakuten.com/r/EVANRI67?eeid=28187

    Thanks everyone!

  21. Dan Guest

    My friend lost 3 fingers in a work accident. He asked the doctor if he could drive with that hand. The doctor said

    "Maybe, but I wouldn't count on it." :-D

    Happy shopping everyone!

    https://www.rakuten.com/r/SUPERD777?eeid=28187

  22. Dwayne Guest

    Long time reader of OMAAT. Sharing my $40 Rakuten referral for anyone keen to sign up

    www.rakuten.com/r/DWAYNE3750?eeid=28187

  23. Tim Guest

    I have used Rakuten for about a year now and it's an incredible way to get some extra Amex points for cheap. There are a couple of great deals:
    Spokeo: 100% Cashback
    Lifelock: 95% cashback
    Hellofresh: 75% cashback

    For Spokeo for example you can buy 4485 points for $44.85, crazy deal. Combine that with some transfer bonus and you have some great value. I flew Air France and KLM business class...

    I have used Rakuten for about a year now and it's an incredible way to get some extra Amex points for cheap. There are a couple of great deals:
    Spokeo: 100% Cashback
    Lifelock: 95% cashback
    Hellofresh: 75% cashback

    For Spokeo for example you can buy 4485 points for $44.85, crazy deal. Combine that with some transfer bonus and you have some great value. I flew Air France and KLM business class from Europe to the USA for 50k points each all thanks to Rakuten.

    As per this article here is my link for any new member interested in trying it out.

    www.rakuten.com/r/TIMCUR42?eeid=28187

    1. Hamza Guest

      Thank you for supporting me and my infant twins at this hard time.

      https://www.rakuten.com/r/HAMZAG67?eeid=44753

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

er12 Guest

Would love a referral. You spend $40, get $40 (or 4,000 Amex MR) back! signup on: www.rakuten.com/r/EVANRI67?eeid=28187 Thanks everyone!

2
Tim Guest

I have used Rakuten for about a year now and it's an incredible way to get some extra Amex points for cheap. There are a couple of great deals: Spokeo: 100% Cashback Lifelock: 95% cashback Hellofresh: 75% cashback For Spokeo for example you can buy 4485 points for $44.85, crazy deal. Combine that with some transfer bonus and you have some great value. I flew Air France and KLM business class from Europe to the USA for 50k points each all thanks to Rakuten. As per this article here is my link for any new member interested in trying it out. www.rakuten.com/r/TIMCUR42?eeid=28187

1
Aitch Guest

If you'd like :) www.rakuten.com/r/SYEDHA11?eeid=28187

0
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