Rakuten is a global e-commerce company that operates in over 20 countries and has a presence in the United States. The company is one of the largest providers of online shopping experiences with a focus on both domestic and international markets.
Rakuten is a well rounded cash back service that offers credit card holders the chance to earn cash back on their purchases.
Do you like shopping on the internet? What if you were compensated for your purchases? Rakuten allows you to earn substantial cash back on purchases made at a variety of merchants, both online and offline, that you already know and trust. Does this seem appealing to you? Continue reading our Rakuten Review to discover more and see whether it might be a good method for you to save money on the purchasing you already do, both in-store and online.
What exactly is Rakuten?
Rakuten, previously known as eBates, is a free website that gives you cash back on almost every online purchase you make. Through reward programs and the usage of the Rakuten credit card, the business has collaborated with a number of merchants to provide cashback on in-store purchases.
The most intriguing aspect of Rakuten as a service is that, unlike other rewards programs or cards, you may earn up to 40% cashback on purchases made via sites you currently shop at, such as Kohl’s, Macy’s, Walmart, and Sephora, as well as services like TurboTax and GoDaddy. Even better, most of your purchases will qualify you for extra points and bonuses, such as free gifts from the store.
What is Rakuten’s Process?
So, how does Rakuten manage to provide such substantial cashback and incentives on your purchases? When you shop via Rakuten’s app, website, browser extension, or with the Rakuten credit card, Rakuten gets a commission from the merchants with whom it has partnered. The business monitors your purchases up to the moment of purchase and compensates you for using their platform by sending you a part of the commission they earn.
Is Rakuten a reputable company?
One of the first questions that comes to mind is whether or not Rakuten is legitimate. Such high cashback rates and excellent incentives may seem to be too good to be true, particularly since all you have to do to cash in is conduct your regular online shopping, but rest assured that Rakuten is totally genuine and on the level.
Since 1999, the business has been operating and giving out incentives to its customers, albeit it was formerly known as eBates. It has paid out more than $1 billion to its customers in the United States alone since its debut.
Not only that, but the business has an A+ rating from the Better Business Bureau, which is backed up by many favorable customer evaluations. You can trust Rakuten to pay you for all of the incentives you earn and to keep your personal information safe.
Where can I find Rakuten?
Rakuten is available in a variety of countries across the world, with Canada and the United States being its two most important marketplaces.
Rakuten has gradually expanded into foreign markets, and it currently has operations in Brazil, France, Germany, Japan, Korea, and Taiwan.
Rakuten collaborates with which retailers?
Rakuten has a variety of shops in each of the areas where it operates; there are far too many to mention.
In North America alone, the company has over 2000 partnered retailers, including Apple Refurbished, Autodesk, ASOS, Avis, Best Buy, Best Western, Barnes and Noble, Canadian Tire, Crate and Barrel, Davids Tea, Dell, eBay, Etsy, FedEx, Footlocker, Gap, Garmin, GoDaddy, Groupon, HelloFresh, Home Depot, HP, Hudson’s Bay, JCPenney, JCrew, JYSK, Kohl
As you can see, Rakuten offers cash back in virtually every area, and you’re probably already buying with a number of its partners, which means you might be saving money on your purchases.
What Are Your Options for Making Money?
It’s easy to make money with Rakuten. Shop at any of the associated shops in your market using the Rakuten app or website, or use their browser extension or credit card to earn cash back that will be paid out once a quarter.
What Methods Do You Use to Get Paid?
Every quarter, on the 15th of May, August, November, and February, Rakuten will give you a check for all of your profits. You have the option of receiving this payment through Paypal, receiving a check in the mail, or transferring your amount to a friend, family member, or charity organization. You will never be charged fees on your Rakuten deposit or transfer, regardless of what you select.
How Can You Increase Your Earnings?
If you want to increase your Rakuten profits, there are a few ways that don’t require raising your expenditure. Rakuten provides a variety of unique discounts and bonuses that may rapidly add up to substantial savings. Here are some of the best methods to get the most out of your Rakuten spending:
Keep an eye out for the best reward rates.
You can view the current deals and cash back percentages given by each store via their app and website, so if you’re shopping for something that’s available at a few different locations, compare the offers to ensure you’re getting the greatest deal.
Rakuten Coupons are a great way to save money.
Rakuten provides more than just excellent cash back rates; the site also provides unique discounts for its merchants, allowing you to get a better price on your purchase up front while also possibly unlocking extra incentives or free presents from the retailer.
Shop During Special Events
Sign up for the Rakuten email list to get notifications about future special events such as double cash back or higher reward percentages.
Use “Hot Deals” to your advantage.
Rakuten’s Hot Discounts area enables you to search for particular associated merchants that are presently offering special offers, such as BOGO deals and a variety of freebies such as free gift cards, free shipping, and free gifts with purchase.
The Rakuten Button should be installed.
The Rakuten button is a browser plugin that may help you get the most out of your Rakuten rewards by ensuring you never miss a bargain. The icon will alert you whenever you visit a site where you may earn cash back and any special offers, discounts, or coupons that are available.
The extension also ensures that you never miss out on incentives, so whether you forget to go via Rakuten while making purchases, or if you have a shared family computer, the button will keep you in the loop.
Please refer your friends and family to us.
You may earn an extra $25 per person by referring your friends and family! All you have to do is encourage them to test Rakuten, and you’ll get the $25 if they join up using your referral link and make a purchase at any time. Even better, just for testing the site, they’ll get a $10 welcome incentive.
Pros and Cons of Rakuten
If you aren’t doing something right, you won’t be in business for 20+ years, with a wonderful reputation and a devoted and happy user base. Rakuten’s long-term success speaks for itself, but if you’re still not persuaded, read some of the many favorable testimonials on the company’s Better Business Bureau website. You may be certain that you will be reimbursed for your Rakuten purchases, and that your personal information will be kept secure and never traded.
Joining Is Simple
Rakuten registration is simple and fast; you can create a new account in minutes and begin earning rewards.
There is no need to provide any personal information.
You don’t have to provide Rakuten any personal information to get started; all you need is your email, unless you want to get paid with a physical check, in which case you’ll have to supply your address. In any case, the platform will keep your information secure and would never sell it.
Profit from the shopping you’re already doing.
One of the most appealing aspects of Rakuten is that you may earn money while conducting your regular shopping. You don’t have to do anything unusual or buy at a specialty store to profit.
Automatically get rewards
When you buy with Rakuten, you won’t have to remember any rewards codes or enter a unique members code to get your benefits; they’ll be applied immediately when you make a purchase.
Get Paid for Inviting Your Friends
What could be better than earning quick cash? Of course, you should tell your friends about the chance! Even better, Rakuten will give you $25 for each person who makes a purchase after you recommend them.
Rakuten Review: Drawbacks
While you will be paid $25 for each person you recommend who makes a purchase via Rakuten, they will only be paid $10 for joining up and purchasing through your referral. Free money is always a good thing, but the disparity seems a bit unjust.
It’s possible that your rewards may take a long time to arrive.
While this isn’t a problem all of the time, there are times when the incentives you earn take a little longer to appear in your account. This isn’t a major issue, but it’s inconvenient to be kept waiting and unsure whether your purchase was completed.
Payments are made every three months.
You won’t find a fast cash out here if you were looking for one. Rakuten does not provide on-demand payments and will only pay you your rewards on the 15th of May, August, November, and February each quarter.
Returns and exchanges void all rewards.
This one may seem self-evident, but it’s worth noting. Rakuten may invalidate your awards if you cancel, return, or exchange a purchase for which you have earned rewards, and you may not be eligible for the same offers on your exchange or repurchase.
For Whom Is Rakuten Intended?
You’re losing out if you already conduct any online shopping and aren’t utilizing Rakuten. However, if you’re like most people and shop at Walmart and other online shops on a regular basis, Rakuten is a must-have. It costs nothing and is very simple to use, and you could be earning up to 40% back on all of your purchases, excluding special offers and promotions. Even if you just buy once a week, you will save a lot of money.
Rakuten isn’t for everyone.
You don’t have control over your Rakuten payments, as we’ve previously said, so if you can’t wait for the quarter to finish to get your money, Rakuten is definitely not for you.
Alternatives to Rakuten
There are a lot of companies that give you a commission for buying on their platform, but Rakuten stands out because of their high reward rates and cash payouts. Here are a handful of the finest options on the market.
Rakuten’s main rival, BeFrugal, is arguably the best. You may earn up to 40% cash back on purchases made via their platform, similar to Rakuten, but they have even more linked merchants, with over 5,000 online businesses signing up for their program, providing you even more opportunities to earn.
The site provides you with the same extra discounts via coupons and promotions, which you can sign up for through email to ensure you don’t miss out on.
Be Frugal is a great platform for consumers who want to manage their payments as well as their withdrawals; however, you must earn a minimum of $25 in incentives before you can request a payment. You have the option of receiving payment straight into your bank account or through gift cards.
Dosh isn’t the same as Rakuten or BeFrugal when it comes to shopping. The fundamental concept is the same: connect your card to your Dosh account and purchase at any of their linked shops to get money back on every dollar spent.
However, their incentives aren’t nearly as good, and you’ll have to earn $25 before you can withdraw as cash or gift cards. If you prefer to buy online, Dosh is still a fantastic choice, and they have partnerships with certain shops that the other options don’t, such as Sam’s Club, Walgreens, and Pizza Hut.
To understand more, see our Dosh review.
Anyone who buys online should use Rakuten. The business has a lengthy track record of trustworthiness, and there are no risks or disadvantages to joining up. Joining the platform takes very little time, costs nothing, and does not need you to provide any personal information in order to get rewarded.
If you haven’t already created an account and shop online, you’re losing out on a chance to save money and get special discounts and freebies.
Rakuten Review 2021 is a cash back service that allows users to earn money on purchases. It offers 1% cash back on all purchases, and 5% cash back on certain categories of items. Reference: rakuten credit card payment.
Frequently Asked Questions
Do you really get money back from Rakuten?
I dont know if I really get money back, but I have never had a problem with Rakuten.
Is Rakuten a ripoff?
No, Rakuten is a Japanese company that has been in business for over 80 years.
What is the catch with Rakuten?
Rakuten is a Japanese e-commerce company that has been in business since the late 1990s.
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