Rakuten Review: What is Rakuten and How Does It Work
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What is Rakuten and how can it start helping you save more? Whether you’re a skilled shopper or new to the world of cash back rewards, we’ll break down what Rakuten is all about and how it can put cash back in your pocket when you shop online.
What is Rakuten and How Does it Work
Rakuten is a popular cash back and rewards platform that helps you save money while shopping online. Here’s how it works:
First, sign up for a free Rakuten account.
Then, when you want to shop online, you start by visiting Rakuten’s website, using their browser extension, or downloading their app. From there, you can search for your favorite stores and brands. Rakuten will show you the available cash back offers and ongoing deals or discounts. Once you find a store you like, click the link provided by Rakuten to visit that store’s website.
When you make a purchase, the store pays Rakuten a commission, and Rakuten shares a portion of that commission with you as a cash back reward.
It’s like getting a discount or earning money back when online shopping. You can accumulate your cash back rewards in your Rakuten account, and they’ll send you a check or deposit your cash back into your PayPal account every few months.
Rakuten is a great way to make your online shopping even more rewarding by getting some of your money back with each purchase.
How Does Rakuten Make Money
Rakuten makes money through partnering with online retailers. When you shop through Rakuten and purchase at one of their partner stores, that store pays Rakuten a commission for referring you as a customer.
Rakuten then shares a portion of that commission with you in rewards. It’s a win-win situation. Retailers gain customers through Rakuten’s referrals, and shoppers like you get cash back rewards for their purchases. This unique business model allows Rakuten to offer its users a way to save money while earning some extra cash.
Popular Stores on Rakuten
Rakuten partners with many online retailers, making it an all-around cash back platform for shoppers. You can find well-known retailers like Amazon, Walmart, and eBay, where you can earn profits on products from electronics to clothing.
Additionally, many fashion stores like Macy’s, Nordstrom, and Bloomingdale’s are part of Rakuten’s network, allowing you to save on your wardrobe.
Whether shopping for electronics, clothing, home goods, or even booking travel accommodations, Rakuten has a wide selection of stores that help you earn cash back on your purchases.
How to Join and Start Earning Cash Back
Joining Rakuten and starting to earn is a straightforward process. First, sign up for a free Rakuten account on their website or mobile app. You can also find special sign-up offers that give you a bonus when you make your first purchase.
Once you set up an account, log in, and you’re ready to start earning. To earn cash back, visit Rakuten’s website or use their browser extension before you shop online. Search for your desired store or brand, and Rakuten will display the available cash back offers. Click on the store you want to shop from, and you’ll be redirected to their website.
When you make a purchase, Rakuten will track it and credit your account. You can redeem your earnings as a check or PayPal deposit. Joining Rakuten is a way to make your online shopping even more rewarding and save money on almost every online purchase.
How to Redeem Cash Back Rewards
Redeeming your cash back rewards with Rakuten is simple. Once you’ve earned a certain amount of cashback in your Rakuten account, you can redeem it.
Log in to your Rakuten account, and navigate to your profile icon then cash back balance tab. This is where you’ll be able to find options to request your payout.
You can typically choose to receive your cash back as a check sent to your mailing address or as a payment to your PayPal account. Rakuten usually processes cash back payments every quarter, so you’ll receive your earnings periodically. It’s like getting a little bonus for your online shopping efforts.
By redeeming your cash back rewards, you can make your money work harder and enjoy the savings you earn.
How to Maximize Your Earnings
To maximize your cash back earnings with Rakuten, always start your online shopping journey through Rakuten’s website or mobile app. Before making any online purchases, sign up and create your Rakuten account. This way, you’ll ensure that your shopping activity is tracked, and you’ll earn cash back on purchases.
Additionally, check for special promotions, double cash back events, and exclusive deals periodically. These can significantly boost your earnings. Consider using Rakuten when shopping for big-ticket items or during holiday sales when cash back percentages are often higher.
Another awesome perk Rakuten offers is a refferal program. In the upper right hand corner of the app, you can click the tab that says “Refer & Earn.” With every sign up, Rakuten gives a unique refferal link to share with friends and family. By others signing up and spending $30, you both receieve a cash back bonus.
By following these tips and using my link to sign up, you’ll be well on your way to maximizing your cash back rewards with Rakuten while enjoying the benefits of smart online shopping.