Online shopping portals can be a great way to pick up additional miles & 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.
Whenever I make an online purchase I always check to see which shopping portal has the best bonus. Rakuten has just launched its Black Friday and Cyber Monday promotion, and it’s one of the best offers we’ve seen from the portal in quite a while. When you stack it with Rakuten’s new member bonus, there’s lots of potential here.
Rakuten’s 12-15% cash back promo
Rakuten, which is one of the largest online shopping portals (and my all around favorite), has just launched a promotion that’s valid for purchases between Thursday, November 25, and Monday, November 29, 2021.
With this, you can earn 12-15% cash back with 700+ retailers. These retailers ordinarily offer significantly less return than that, sometimes as little as 1%.
This is especially great if you’re looking to buy products that have consistent pricing across retailers, as is often the case with cosmetics, perfumes, etc. Getting significant savings for those purchases is something that can otherwise be tough to find. There are all kinds of retailers on this list, from clothing stores, to office supply stores, to department stores, and more.
For example, Saks Fifth Avenue is on the list and offers 15% cash back, and sells all kinds of products you might otherwise buy with other retailers.
Earn 12-15x Amex points instead
12-15% cash back is awesome, but what’s even better is earning 12-15x Amex points. Nowadays you can choose to earn Amex points instead of cash back with Rakuten, at the rate of one cent per point.
Personally I value Membership Rewards points at 1.7 cents each. To me, earning 12-15x Amex points is the equivalent of 20-25% back, which is incredible. The ability to earn Amex points with Rakuten is a game changer for me when it comes to online shopping portals.
New to Rakuten?
Rakuten has a great refer-a-friend program. If you’re new to Rakuten you can register using my link, and then you’ll earn an additional $40 bonus after completing your first purchase of at least $40. You can even unlock this bonus with a simple gift card purchase.
Once you register for your account just change your earnings preference to Amex points, and then you can earn Amex points for all of your purchases.
The $40 bonus is a best-ever reward from Rakuten, so there has never been a better time to sign-up for a Rakuten account.
Through Monday, November 29, 2021, you can earn 12-15% cash back, or 12-15x Amex points, for purchases with 700+ retailers. This is one of the best offers of the year from Rakuten. When you combine this with Rakuten’s best-ever $40 new member bonus, the deal gets even better.
I’ll certainly be making some purchases with Rakuten in the coming days…