Want to start earning extra money as cashback on your everyday purchases? This post on Rakuten Referral program is for you.
You’ll learn how to get cash for signing up for the service, making purchases and also referring your friends.
Ready to join millions of members that are already earning hundreds of dollars every year by shopping at participating stores? Let’s begin…
Rakuten Referral Program
You can earn from the Rakuten Referral program in 2 different ways: when you sign-up with an existing members’ referral link and when you refer other people.
We’ll cover the two in more details below:
Rakuten Referral Bonus: Up to $10
As a way of saying thank you for joining the Rakuten cash-back program, you’ll receive a welcome bonus of up to $10 when you sign up with a Rakuten referral link.
Rakuten US has a welcome bonus of $10, while Rakuten Canada pays a lower bonus of $5. Obviously, you’ll want to sign up with the country where you’ll be shopping.
Click on the links below to get the Rakuten sign-up bonus of your choice:
Rakuten Refer-a-friend Program: Bonus of $25
Want to earn even more money from Rakuten? Simply refer your friends!
With the Rakuten refer-a-friend program, each friend you refer to the service will get a welcome bonus of $10 in the US or $5 in Canada. While you, the referrer, will get a bonus of $25.
This is a great to earn even when you’re not shopping.
How the Rakuten referral bonus works
For the welcome bonus, simply click on the referral links above to create a new account. The bonus will be deposited into your account when you make a qualifying purchase of at least $25 within 90 days of registering.
And here’s how the referral bonus works if you want to earn by referring your friends:
- Login to your Rakuten account
- Click on “Refer & Earn $25” on the menu to get your unique Rakuten referral link
- Share the link with your friends to join Rakuten
- You’ll both receive the bonus when they spend at least $25
Note that the purchase must be made within 90 days of sign-up.
Rakuten (formerly Ebates) is a service that lets shoppers earn cash back on their purchases at partner stores – both online and in-store.
It connects shoppers to merchants and brands for everyday purchases and one-time, luxury items, through its portal that’s accessible online, on mobile apps or via a browser extension.
Since its launch in 1997 in U.S., Rakuten has helped over 12 million members (and another 6 million in Canada) earn more than $1 billion in cash.
Some of the big merchants on Rakuten include Walmart, Bed Bath & Beyond, BestBuy, Amazon, Dell, Verizon, AT&T TV, Nike, Sephora, Hudson’s Bay, Canadian Tire and many more.
With a growing list of merchants, over 2,500 in the U.S. and 750+ in Canada, there is a wide variety of stores to shop from and earn cash back.
Go here for my detailed Rakuten (Ebates) Review.
How Does Rakuten Works?
Getting started with Rakuten is easy and straightforward. Here are the 5 simple steps required to start earning with Rakuten:
- Sign Up for Rakuten (Get up to $10 using the referral links below)
- Start your shopping on Rakuten. Or install the Rakuten Button (a chrome browser extension) that automatically notifies you of cash back offers when you shop
- Complete your purchases as usual
- Earn cash back. The money will usually be added to your Rakuten account a few days after you made the purchase
- Get Paid using one of the available payment options: Paypal direct deposit, Amazon e-gift card (Rakuten Canada) or cheque mailed to your address.
Cash back and bonus payments are made once every quarter: February 15, May 15, August 15 and November 15.
That’s it! Start earning cashback on your purchases.
Rakuten Alternatives: Other Cash-back Apps
As great as Rakuten is, it does not have a partnership with all merchants and brands. That means you may have to use other cash back apps sometimes or compare their offers to the ones from the other apps.
Honey is a browser extension for Chrome. It helps you save money on your purchases by searching for coupon codes on over 30,000+. To get started, simply download the extension, shop as you would normally do, and honey will handle the rest.
Swagbucks: This app let you earn free gift cards and cash for things you already do online such as shopping, answering surveys, searching the web and so on. There are over 1,500 retailers including Walmart, Target, Starbucks etc. They have paid their members over $530 million in cashback.
Ibotta lets its members in the US earn cash back on groceries, travel, apparel and many more. It can be used via the mobile apps or by downloading the chrome extension.
FAQ: Rakuten Referral
How does the Rakuten referral bonus works?
As the Referrer, you’ll earn $25 for each of your referrals after they spend $25 within 90 days of joining Rakuten. Your friends will also get up a welcome bonus: $10 in US or $5 in Canada.
How much can you make with Rakuten Referral?
There is no limit to the number of people you can refer, therefore there is no cap on how much you can earn. Just make sure you’re not spamming people or sending unsolicited mails or messages.
Can a Rakuten referral be at the same address?
In other words, can you refer someone in the same household?
According to Rakuten’s Referral Program terms, referring someone with the same address as your own may be flagged as fraudulent. Having the same name, email address or other identifying features could also get your account flagged.
So refer your friends or other family members that don’t live in the same house as yourself, just don’t refer your spouse, kids and so on just to get the bonus.
Will I get cashback every time my friend who used my referral code buy on Rakuten?
When my referral code for Rakuten is used will I get money back?
You don’t get a cashback when your Rakuten referral code is used by your referrals. However, you’ll receive a referral bonus of $25 when they make at least $25 in qualifying purchases.
Rakuten Referral Bonus Program
Get up to $10 Welcome Bonus when you sign up for Rakuten Canada and US. Plus make extra cash ($25) by referring your friends.