Rakuten is one of the most popular shopping portals out there. With a shopping portal, you can earn cashback, miles or points by making purchases online. Simply go through the shopping portal of your choice first and click through to the retailer. Simply by doing that you will earn a rebate on the amount of your purchase. The amount of miles, points or cash that you get by using a shopping portal varies wildly by the portal you use, the retailer you’re shopping at and when you make the purchase. It’s fairly common for rates to change daily, and to be different at different portals.
Rakuten New Member $40 Bonus
One of the best ways to make money from shopping portals is through new member bonuses, if you’re eligible. Right now, Rakuten (my affiliate link here and below) is offering a $40 bonus if you’re a new member signing up. To qualify for the $40 Rakuten bonus:
- Create a Rakuten account
- Spend at least $40 through Rakuten in the first 90 days of having an account
- Receive a $40 welcome bonus
Even better, you can set up your Rakuten account to earn Membership Rewards instead of cashback. That would make this bonus worth 4,000 American Express Membership Rewards points, which is probably worth at least $60 or so.
What To Buy At Rakuten?
Well of course the best thing to buy through Rakuten is something that you already need to buy. Rakuten works with thousands of popular retailers, so you shouldn’t have too much difficulty finding something that you want. If you don’t, one other possibility is buying gift cards. Rakuten works with several gift card retailers as well, including giftcards.com and giftcardmall.com.
I like giftcards.com personally, where you can buy gift cards from a variety of different retailers, including Uber, Southwest Airlines, Delta, DoorDash, Netflix, Dominos, Hulu and many more. Buy a $40 gift card to a retailer you normally use and get $40 back as a bonus from Rakuten. Easy money!
The Bottom Line
KEY LINK: Sign-up for a Rakuten account with a best-ever $40 bonus
If you don’t have a Rakuten account, you can create a Rakuten account and spend at least $40 in the first 90 days of having the account to get a $40 new member bonus. Since it’s possible to buy gift cards through Rakuten, this should be a pretty easy $40 for anyone without a Rakuten account. If you do have a Rakuten account, you might be able to take advantage of this deal by inviting family or friends (since you will both get $40).
Are you taking advantage of this $40 Rakuten new member bonus? Let us know what you’re buying in the comments below
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