Rakuten Review: What Is Rakuten & How does It Work?

If you are new to cashback sites, then you need to read this Rakuten review.

Although there are many ways to earn money, getting cashback for your usual shopping is the most easiest form of making extra money.

Easy money always sounds too good to be true, but if you find legit websites and companies, it’s possible to earn money in the form of cash back on your purchases.

There are many cashback sites, and one of the most popular and trusted ones is Rakuten (formerly Ebates).

Learn more about this cashback site in our Rakuten Review

What is Rakuten?

Rakuten is a cashback site that helps its members to earn money back when they shop online. What makes Rakuten better than other cashback sites is it has a pretty high cashback percentage of up to 40% and has over 2,500 stores to shop from.

You can shop online through its website, use its mobile app, or go via the Rakuten browser extension.

 

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How does Rakuten cashback work?

It’s simple. Just sign up using your email or join via Facebook. After you join, you can shop online with your favorite brands. Once the retailer confirms your purchase, which usually takes between 2 to 3 days, you get the cashback added to your account.

Rakuten also offers a $10 bonus to new members like you when you make a qualifying purchase of $25 or more within 90 days of joining.

It also offers in-store cashback, which works similarly to online shopping. You just have to link the shopping offers to the credit/debit cards and pay in-store with the same to get the cashback.

 

How do you get your money from Rakuten?

Rakuten cashback payments are made every three months via BigFat check or through PayPal. 

 

What stores are available with Rakuten?

There are many popular stores on Rakuten like Macy’s, Gap, Rayban, Petco, Kohl’s, Target, Amazon, BestBuy, H&M, etc. You can find promo codes or coupons for the stores once you log in.

Why does Rakuten give cashback?

Sites like Rakuten have a relationship with the retailers, and they pay these sites a commission or fee, which is, in turn, split with the consumer. This helps the retailers to get more customers and consumers also save a lot of money. Cashback sites are a great way to save money on regular or large purchases.

 

Does Rakuten work in-store purchases?

Rakuten also offers in-store cashback. You will have to link the offers you see in the app to the credit or debit card that you want to use and shop as you would in-store.

Once the store verifies your purchase, you get your cashback.

 

Other ways to earn money with Rakuten

Refer and Earn – Rakuten gives its members another easy way to earn money referring people. You can earn anywhere between $5 to $20 per referral. Once your referral signs up with your unique link and makes a qualifying purchase, both get paid. The best part is there is no limit to how many people you can refer. The more you refer, the more money you get.

Rakuten Cash Back Visa Credit Card – Another way to even earn more money is through Rakuten’s Cash Back Visa Credit Card. It offers no annual fee with zero fraud liability. You can get an extra 3% cashback on qualifying purchases and 1% on non-qualifying purchases made elsewhere.

 

Good things about Rakuten

With so many retailers and great cashback offers, it is one of the top cashback sites you should sign up for if you shop online frequently.

The welcome bonus and the referral bonus do add up and make up for good free money. The fact that there is no limit to the number of people you can refer to is also a big plus.

Even if you are not keen on online shopping, Rakuten’s in-store cashback rewards you by saving money when you shop in-store.

 

Not so good things about Rakuten

The one thing that members of Rakuten are not very happy is the frequency of the cashback payments. The 3-month wait to get your cash back savings is something that can turn users away from Rakuten.

 

Final thoughts in this Rakuten Review 

 

Is Rakuten Legit?

Yes, Rakuten is undoubtedly a legit cashback site that rewards its members by saving a lot of money. A large number of retailers and the sign-up bonus of $10 makes it one of the best cashback sites on the internet.

Whether you shop online or in-store, Rakuten is an excellent choice if you want to save money. Just sign up and start saving money while you shop! 

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