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Update 11/6/20: The bonus is now 4,000 Membership Rewards points or $40 for both the new member and the person referring them. That’s a great deal! (H/T: Doctor of Credit).
Update 7/24/20: Quite a few blogs have reported the “return” of this deal. Actually, it never went away: Stephen maintains our Last Chance Deals post every week and meticulously checks the deals listed in that post to make sure they are still alive. He tells me that he has checked this weekly and it has been active since we posted it more than a month ago. What is potentially new is that some people are now targeted to also earn $30 / 3,000 Membership Rewards points for referring new members rather than the standard referral of $25 / 2,500 points. This is nonetheless a great deal if you are new to Rakuten as the points are a very nice bonus as outlined in the original post to follow.
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Shopping portal Rakuten (formerly Ebates) is offering 3,000 4,000 Membership Rewards points (or $40 cash back) for new members who join and make qualifying purchases totaling $25 (now $40 or more) within 90 days of becoming a new member. That’s a great deal as the points will easily be worth more than the $40 purchase itself and would be a great way to jump-start your Rakuten earnings.
The Deal
- New members who join the Rakuten shopping portal at this link (our referral) can get 4,000 Membership Rewards points (or $40) after making a qualifying purchase of $40 or more within 90 days of becoming a new member
Key Details
- Must make a qualifying purchase of $40 or more within 90 days of joining
Quick Thoughts
Rakuten traditionally offers cash back, but the key strength of the shopping portal is that you can alternatively take the rewards as Membership Rewards points — earning 10x Membership Rewards points in place of 10% back (as an example). If you have previously earned cash back from Rakuten, you can convert to earning Membership Rewards points.
However, if you are new to Rakuten, you can snag this bonus.
Again, this is a great deal for new Rakuten customers as the points are easily worth more than the $40 required minimum purchase and Rakuten has become a favorite shopping portal for many given the high Membership Rewards returns.
H/T: Doctor of Credit
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