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Deal is dead – offer now 10kÂ
Rakuten is back with their BIG GIVE WEEK and has not only put a huge portion of their shopping portal at 15% cashback, or as I like to earn, 15x earn rate on Amex points. Some are at 20x and you may even find some trading at 100x ( NordVpn). If you don’t have Rakuten, this is the perfect time to sign up since you’ll get $40 back after a purchase of $40 of more…or 4k Amex points.
However…the big deal, which I’ve never seen before is that they’re offering people $300 or 30k Amex points if they sign up for the Chase Sapphire Preferred® Card via their link. That is insane. 100k after $5k spend in 3 months + the Rakuten bonus. They also have deals on Chase Freedom Unlimited® and Chase Ink Business Unlimited®
- CSP – 30k
- CFU – 15k
- CIU – 30k
I’m not exactly sure if each store will run 15x the entire week so it’d be worth checking the site or the app to see how things change each day. Also note, the app sometimes has different pricing than the site.
Sapphire Preferred offer – Spend $5k in 3 months get 100k Chase and 30k Amex. You can see the other here as well.
Don’t have a Rakuten account? During the Big Give Week my referral will earn you $40 after you spend $40
The learn more goes to this offer:
Details of the 15x Big Give Week
- When: May 6-12
- You can use Rakuten or the Rakuten App – sign up here if you don’t have an account with our referral (currently spend $40 get $40 )
- A ton of stores will be at least 15% cashback or 15x points
Don’t have a Rakuten account? During the Big Give Week my referral will earn you $40 after you spend $40
You can earn cashback or Amex points via Rakuten
If you are unaware, Rakuten ( formerly Ebates ) partnered with American Express and gave its members the option to earn Amex Membership Rewards in lieu of Cashback. The rate: 1% = 1 Membership Reward. Read this article if you want to learn more.
Personally, I find this to be a far more attractive option since I value Membership Rewards anywhere between 1.5 and 2 cents. This current promo means you could earn an effective 21/ 28% back in the form of points.
Don’t have a Rakuten account? During the Big Give Week my referral will earn you $40 after you spend $40
Overall
15x as a widespread promo is pretty darn good. If memory serves, we’ve seen Black Friday pop up to 20x in the past, but I believe those were covid times and it wasn’t on the majority of stores. It will definitely be worth taking a peek to see if some of the purchases you need in the future can be made at a higher rate of return. I’ll likely buy my Nike’s that I really like.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account openingÂ
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travelâ„
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travelâ„
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Points Boost
- each account anniversary you’ll earn bonus points equal to 10% of your total purchases made the previous year
- Points are transferrable to 14 Ultimate Rewards partners
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:Â
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.Â
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex®  and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.