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There are two echelons of Rakuten that I always keep my eye out for: 10x to15x flash portal bonuses, and today we have one at 11x. Throughout the year, we will see Rakuten periodically pump up the portal rates to 10x and 15x on multiple occasions, and this is when you should strike. These promos are only for a few days, and I hold off on purchases until the portal is offering these rates, since they are the best. This is especially true if you signed up for a new member bonus of Spend $30, get $30, or Spend $40, get $40.
If you’re unfamiliar with Rakuten, or shopping portals in general, read this article which goes into more detail.
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? Get $30 after you spend $30 with our referral
You can earn $30 cashback when you spend $30+ by using our link.
You’ll find increased offers at many stores
There are 10 to 15x promos at Dell,, Nike, Macy’s, Kiehl’s, etc
Make sure you check out the In Store deals too
As long as you use your card that is entered as a payment option on your Rakuten account, you’ll earn bonus points even when you make a purchase in-store. How cool is that?
How quickly do the points populate your account?
Once a quarter, Rakuten will send the points over to your Amex account. Feb 15th, May 15th, and so and so forth. You can see it populated the same day, but it’s also been 3 or 4 days in the past for me as well.
Overall:
This is a very good time to utilize the Rakuten portal
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
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