Best-Ever $40 Bonus For New Rakuten Members

Best-Ever $40 Bonus For New Rakuten Members

19

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 has brought back its best-ever bonus for new members. I wanted to go over the details, as this is the ideal time to register, if you haven’t done so yet.

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 13, 2024, 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 13, 2024, 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 (19)
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  1. Littlecrab Guest

    Thank you for using my link!!! ^v^
    www.rakuten.com/r/XWZENG?eeid=44749

  2. Katherine Guest

    Thanks for using my referral link :) https://www.rakuten.com/r/2DRZZ5?eeid=45830

  3. Kathleen Guest

    https://www.rakuten.com/r/KISABE73?eeid=57122 Passing on my link as well! Great article. Thanks!

  4. Jen Guest

    www.rakuten.com/r/ITSMEJ266?eeid=28187

    THANKS SO MUCH and happy shopping!

  5. Glenn Guest

    Umm… the referee does NOT get $40, but rather 10% cash back with a max of $50.

    This is different than what it used to be at times, which is what Ben describes above.

  6. Namibia Guest

    Get Cash Back at over 3,500 stores. Tap to join Rakuten with this invite and get an extra 10% Cash Back (terms apply).

    https://www.rakuten.com/r/MARTIN35904?eeid=37138

    Thank you!

  7. Noah Guest

    www.rakuten.com/r/NOAHKU25?eeid=28187

  8. Anonymous Guest

    $40 to sign up!
    Https://www.rakuten.com/r/LOOKIN1035?eeid=44749

  9. Travel-Aficionado Gold

    Take advantage of Rakuten's current $40 sign-up promo!!
    Please use my referral link https://www.rakuten.com/r/FRANCO5047

    Thanks in advance!

  10. Travel-Aficionado Gold

    Take advantage of Rakuten's current $40 sign-up promo in time for the holidays!! Please use my referral link https://www.rakuten.com/r/FRANCO5047 Thanks in advance

  11. Texas Guest

    I see the image on Ben's page about referring someone you know, but when I click on all of your links, it takes me to a page that just says and extra 10% for an introductory period. This is strange. It does not mention the $40 bonus at all. I am a little reluctant to sign up and lose out on a $40 bonus later.

    Ben, are you sure this is going on or can you ask Rakuten why there is no mention of the bonus when you click on the link? Thank you.

  12. dobby Guest

    Let's go guys!!!!
    www.rakuten.com/r/LEEIB0?eeid=28187

  13. Capo Guest

    Please use my code below. XOXO
    https://www.rakuten.com/r/CARLOS28450?eeid=44749

  14. Gloria Guest

    www.rakuten.com/r/GWMW122

  15. betterbub Diamond

    www.rakuten.com/r/BETTER2089?eeid=28187

    Thanks a ton!

  16. Abe Froman Guest

    www.rakuten.com/r/SUNDEV216?eeid=28187

    Thank you.

  17. BDL_Flyer Guest

    WWW.RAKUTEN.COM/R/DUKENS35

    I kno y'all have many choices here. appreciate anyone using my link to get the referral and 10%.

  18. Sourav Guest

    In case someone here wants to use my referral: www.rakuten.com/r/SOURAV234?eeid=28187

    Thank you!

  19. Patrick Guest

    Rakuten $40 referral code with an extra 10% for the first week!

    www.rakuten.com/r/PHULL14

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.

betterbub Diamond

www.rakuten.com/r/BETTER2089?eeid=28187 Thanks a ton!

1
Littlecrab Guest

Thank you for using my link!!! ^v^ www.rakuten.com/r/XWZENG?eeid=44749

0
Katherine Guest

Thanks for using my referral link :) https://www.rakuten.com/r/2DRZZ5?eeid=45830

0
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