Best-Ever $40 Bonus For New Rakuten Members

Best-Ever $40 Bonus For New Rakuten Members

39

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 post a reminder of this, as this is the last day to take advantage of the offer.

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 Thursday, November 30, 2023, 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 November 30, 2023, 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 (39)
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  1. Cam Guest

    I was referred by someone & referred 2 others and Rakuten deposited the money (my account had $120 at one point), but then they took it out of my account (and removed the referral from my "My referrals" page). They also haven't responded to 3 messages I sent them. Definitely feels like a scam–don't recommend Rakuten based on this behavior!

  2. FormosaTPE Member

    What's nice about Rakuten versus other browser shopping extensions like Capital One's is that it seems to track purchases very quickly and accurately in spite of my ad blocker. I've also tried the United MileagePlus shopping thing and almost always have to make a manual request for credit because it never tracks properly. I used someone's Rakuten $40 referral to sign up a few days ago, made a purchase, and they and I were credited...

    What's nice about Rakuten versus other browser shopping extensions like Capital One's is that it seems to track purchases very quickly and accurately in spite of my ad blocker. I've also tried the United MileagePlus shopping thing and almost always have to make a manual request for credit because it never tracks properly. I used someone's Rakuten $40 referral to sign up a few days ago, made a purchase, and they and I were credited within hours. The purchase itself earned its stated cashback bonus within hours as well. P2 used my code to sign up, made a purchase, and both of us were credited within hours.

    Meanwhile, I made a purchase and a successful referral with Capital One's shopping thing on Black Friday and have received 0 indication whether either of them worked or are going to be credited to me.

    Anyways, here's my referral code:
    www.rakuten.com/r/TSENGS22?eeid=28187

  3. Paul Guest

    Spend $40, get $40! Perfect timing for the holidays. Thanks! www.rakuten.com/r/RIYADP6?eeid=28187

  4. Juniper Guest

    Please be so kind as to use my link: www.rakuten.com/r/JUNIPE769?eeid=28187

  5. Deshan Guest

    Hopes you find it : www.rakuten.com/r/DEDEBL5?eeid=28187 Thank you for sharing the article

  6. Chris Guest

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

  7. Anthony Guest

    I used Ben's link to register. Let's continue
    www.rakuten.com/r/DENGHU41?eeid=44749

  8. Hanoi Guest

    Thank you for sharing - happy shopping!

    www.rakuten.com/r/MARTIN35904?eeid=28187

  9. Jen Guest

    Wanna be my BRFF (Best REFERRED Friend Forever) AND get $40??
    www.rakuten.com/r/ITSMEJ266?eeid=28187

    PLEASE and THANK YOU!

    Sincerely,
    Your Future BRFF ;)

  10. Franklin W. Dixon Guest

    What is with these comments? Nobody wants to sign up or get referred for this Ratuken crap!

  11. Rakuten Referral Guest

    Big thanks to Ben for sharing!

    www.rakuten.com/r/KORKED2?eeid=28187

  12. charly Guest

    Please use this code and get $40

    https://www.rakuten.com/r/CARLOS28450?eeid=44749

    It will help a Nigerian widow trying to get her millions of dollars

  13. Kris Kringel Guest

    People, it really works! I got the $40 last time thanks to Ben. Here's my referral link so you can get the $40: www.rakuten.com/r/RINGEL58?eeid=28187

  14. Travel-Aficionado Gold

    Jump in now to take advantage of Rakuten's current $40 sign-up promo in time for the holidays!!

    Just use my referral link https://www.rakuten.com/r/FRANCO5047

    Thanks in advance!

  15. Wei Guest

    www.rakuten.com/r/RICEOW10?eeid=28187
    Thanks for using my link!

  16. Michael Guest

    www.rakuten.com/r/MIKEGR763?eeid=28187

    Here is my link. Have a great day!

  17. Evan Guest

    Thanks in advance for your referral! you spend $40 and get $40 back

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

    Thanks!

  18. Sourav Guest

    Here's my link: www.rakuten.com/r/SOURAV234?eeid=28187

    Thank you!

  19. Maylin Guest

    First, can we give a HUGE shout out to One Mile At A Time (Ben Schlappig) for his kind nature in allowing viewers to share their referral links (unlike other influencers)?? Even if I get 0 referrals I am thankful for this!

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

  20. MAY Guest

    Want to be my BRF (Best REFERRED Friend) AND get $40 after $40 spend? Please click through my link and sign up here>>
    www.rakuten.com/r/ITSMEJ266?eeid=28187

    PLEASE and THANK YOU! =)

  21. Lynn Guest

    I just registered from someone here! It works!!
    Now TRY MINE!! Let's earn 40$ together:
    www.rakuten.com/r/LINLUR3?eeid=28187

  22. Rubee Guest

    Sounds great! www.rakuten.com/r/LYNNLU214?eeid=28187

  23. Jesse Guest

    Here is my code if you want to support a veteran who retired with 20+ years of service. Thanks!

    www.rakuten.com/r/JESSES2269?eeid=28187

  24. Travel-Aficionado Gold

    Looking to take advantage of Rakuten's current $40 sign-up promo just in time for the holidays?

    Just use my referral link https://www.rakuten.com/r/FRANCO5047

    Thanks in advance!

  25. Mark Guest

    Adding mine, thanks! Happy Holidays :)

    www.rakuten.com/r/MARKWU23?eeid=28187

  26. NomadDC New Member

    www.rakuten.com/r/ESPINO444?eeid=28187

    Thanks!

  27. BigMoney New Member

    Thanks! www.rakuten.com/r/ESCHAN31?eeid=28187

  28. Hamzeh Guest

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

    Thank you for your generosity

  29. Frank B Gold

    I'll add mine to the list: www.rakuten.com/r/belfor83

  30. betterbub Diamond

    Thanks!

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

  31. Ting Guest

    Please use my link to join Rakuten by 11/30 and get $40 after you spend $40. Thanks!
    https://www.rakuten.com/r/THFANG2?eeid=44749

  32. D3kingg Guest

    If they accept PayPal you can double dip using Chase which has a promotion spend $15 3 times using PayPal get a $15 statement credit.

  33. Katherine Guest

    Awesome, thanks! www.rakuten.com/r/KATIEC1180?eeid=28187

  34. JW Guest

    Hey! I’m getting Cash Back on my holiday shopping and don’t want you to miss out. Use my link to join Rakuten by 11/30 and get $40 after you spend $40:* www.rakuten.com/r/JASONM5217?eeid=44971

  35. ECR Gold

    I'd love a referral! you spend $40 and get $40 back

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

    Thanks for everything!

  36. David Guest

    Love when they do this! Here’s my $40 link if anyone needs:

    www.rakuten.com/r/DAVIDS5588?eeid=44749

  37. David Guest

    Love when they do this. Here’s my link if anyone needs: www.rakuten.com/r/DAVIDS5588?eeid=44749

    1. Nicholas C Guest

      Last day to sign up for $40 bonus!!
      Spend $40 on Rakuten and get $40 cash back.
      Thank you for using my referral link!!

      WWW.RAKUTEN.COM/R/NICOLA8214

  38. ECR12 Guest

    Would love the referral! you spend $40 and get $40 back

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

    Thanks!

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.

Evan Guest

Thanks in advance for your referral! you spend $40 and get $40 back http://www.rakuten.com/r/EVANRI67?eeid=28187 Thanks!

1
betterbub Diamond

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

1
ECR Gold

I'd love a referral! you spend $40 and get $40 back http://www.rakuten.com/r/EVANRI67?eeid=28187 Thanks for everything!

1
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