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Rakuten: Refer A Friend & You Both Get A $40/4,000 Membership Rewards Bonus

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Update 11/27/24: Offer is back. There is also a better $50 offer for signing up via SoFi if you’re in P1 mode.

The Offer

Direct link to offer (my referral link)

  • Shopping portal Rakuten (formerly called eBates) is offering a referral bonus of $40. When you invite a friend to become a member and they spend $40 you’ll both earn a $40 bonus.

Our Verdict

The best referral bonus in the past has been $30. The nice thing about eBates/Rakuten is that you can convert cash back into American Express membership rewards as well at a 1¢ = 1 point rate which is nice. A lot of readers also seem to have less tracking issues with eBates/Rakuten than other portals, but the rates they offer are generally lower as well (use cashbackmonitor to compare). Definitely worth signing up for an account if you don’t already have one

Please do not share your own referrals in the comments below, instead you can share them on this linked post (if using one of these, make sure it says $30 and not $10/$15).

Post History:

  • Update 4/29/24: Back again
  • Update 11/20/23: Deal is back
  • Update 5/8/23: Deal is back through 5/15/23. (Rakuten is also currently offering this week 15-20x back at online retailers such as Dell, Saks, Zappos and more.)
  • Update 11/30/22: Offer ends tomorrow, 12/1/22 at 11:59pm ET
  • Update 5/9/22: Deal is back for May 8th through May 16th.
  • Update 11/19/21: Deal is back Reposting 5/14/21 as this deal is back (might be targeted to some links, our link below works). Also a good time to sign up now for Rakuten if you want to take advantage of the 15% stores deal and the free hat/shirt deal. Hat tip to Chase-ing UR points

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