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 a best-ever bonus for new members. 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.
If you’ve been considering signing up for Rakuten but haven’t yet done so, this elevated offer will be pulled shortly, and I imagine it will be quite some time until we see something like this again.
Sign-up for Rakuten with $40 bonus
Through Thursday, December 1, 2022, 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.
It’s possible that not all refer-a-friend links show this offer. On my account it shows the offer as being “Exclusively yours!” To me that suggests that not everyone may have that offer, but that might just be a marketing technique. So anyway, double check your account before referring someone, as this bonus is way better than the standard one.
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.
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.
Rakuten is my favorite online shopping portal, and the company is currently offering its best-ever new member bonus. Through Thursday, December 1, 2022, 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.
That $40 referral bonus for both which ends 11/30/22, should the purchase be $40 for both? Up to now, no bonuses received. If we missed purchasing the $40 amount, can we still purchase to settle the $40 each bonuses? Up to now, bonuses are still pending or it does not matter anymore. Please help. Thanks
Thank you all. Happy holidays!!
https://www.rakuten.com/r/BONKAD5?eeid=28187 Same offer as the rest. Thanks.
Use my link to get $40 after you spend $40.* Join before 12/1 to get the bonus! https://www.rakuten.com/r/DESTIN33085?eeid=44971
Much appreciated! Enjoy the $40!
Would appreciate anyone who uses my link to get $40 back after signing up for Rakuten and spending $40 or more! https://www.rakuten.com/r/JDSCOT29?eeid=44971
https://www.rakuten.com/r/AUNGTH49?eeid=28187 (Very much appreciate your support!)
https://rakuten.com/r/NITMAR15 Pls use this link if you want $40 cashback from rakuten after spending 40$
I have a Blue cash preferred account and am wondering if the points will show up as "membership rewards"? My account only lets me redeem cashback earned as a statement credit, I've never seen points mentioned in my account but am wondering if it's referring to the same thing?
Thanks in advance to anyone who needs a link and uses mine.
Use my link to get $40 after you spend $40.* Join before 12/1 to get the bonus! https://www.rakuten.com/r/CSTEPH231?eeid=44971
Thank you in advance for anyone who uses my code!
Use my link to get $40 after you spend $40.* Limited time only! https://www.rakuten.com/r/JCHAN155?eeid=44971
Mine only shows $30
Please use my code if you can...
Remember to buy $40 of goods or gift cards to activate.
Hope this link helps someone get $40! (just dont forget to spend 40 after signing up)
I hate this idea of tracking my purchases to sell my info. If they are offering a reward, it is because WE are the product. I recommend against this idea.
Thank you, Ben, it is nice of you to allow usmto share our links. Anyone who,uses mine… (see below), thank you in advance:
Earn $40 on first purchase! Thank you and happy shopping :)
Has anyone gotten their bonuses yet? Referred a few people 1-2 weeks ago and havent seen my bonus hit so far.
Thanks in advance and hope you use it to get $40 (remember to spend $40 after signing up!)
Here’s my link - https://www.rakuten.com/r/TPAULI6?eeid=28187
I only have an offer for $30 instead of $40. Anyone else?
and here's my link !! Join the party and get $$$. https://www.rakuten.com/r/ROBINF516?eeid=28187
I'll throw my link out as well
Here is my link, if anyone wants it
would be happy if anyone uses my link: www.rakuten.com/r/EVANRI67
https://www.rakuten.com/r/RIYADP6?eeid=28187 Thank you!
Here’s my referral link: https://www.rakuten.com/r/COOLGP7?eeid=44971
Thanks! It’s a great way to rack up AMEX MR points!
PSA: Referee would not get the bonus as AMEX MR points. The offer is for "$"40.
In the past, referrals have posted as MRs, even if marketed as dollars. It’s cheaper for Rakuten, so I’m guessing they prefer to issue MRs.