Rakuten: 4K Membership Rewards / $40 referral bonus for both sides is back (extended)

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If you know someone who does not yet use shopping portal Rakuten, both you and they can receive $40 each (or 4,000 Membership Rewards points) when they sign up and spend at least $40 through the portal. That should be very easy to over the next couple of weeks, so I definitely recommend taking advantage of this if you can. Note that the $40 bonus can be triggered when the person you refer shops online, but it can also be triggered by spending $40 with Rakuten’s in-store offers.

This offer has now been extended for sign-ups through December 16th.

Rakuten $40 Signup Bonus

The Deal

  • Shopping portal Rakuten is currently offering a referral bonus of $40 (or 4,000 Membership Rewards points) when you refer someone by December 16th and that person spends $40 or more within 90 days of signing up

Direct link to this offer

If you’re not a Rakuten Member and would like to use one of our referral links, you’ll find them below:

If you’re new to Rakuten

If you’re new to Rakuten, there is a current referral promotion to get $30 back when you sign up and spend $30 or more within 90 days. Feel free to use one of our referral links with our thanks.

Tim’s Referral Link

Greg’s Referral Link

Stephen’s Referral Link

Nick’s Referral Link

For more detail about setting your earning preference with Rakuten, see Rakuten (formerly Ebates): now change from cash back to Membership Rewards points.

Key Terms

  • Offer may be modified or cancelled anytime.

  • Qualify for a $40 Referral Bonus when anyone whom you refer (a “Referee”) signs up to become a new member using your referral link or other method supplied by Rakuten during the period beginning 12:01AM ET November 18, 2024 and ending 11:59PM ET December 16th, 2024 (“Offer Period”) and makes Qualifying Purchase(s) totaling at least $40 within 90 days of signing up.

  • You may qualify for a Referral Bonus more than one time.

  • You and your Referee(s) must reside and be located in the 50 United States, District of Columbia, or Canada and comply with the Refer-A-Friend Program Terms.

  • Referral Bonus(es) will be added to your next Cash Back payment, provided that your Referee(s) are Qualified Referral(s) according to the Refer-A-Friend Program Terms.

  • A Referee will not be a Qualified Referral if they cancel, return, or exchange their Qualifying Purchase, if their Qualifying Purchase hasn’t earned Cash Back, or if their purchase is found to be fraudulent, abusive, unethical, suspicious, or otherwise inconsistent with our Refer-A-Friend Program Terms.

  • See promotion page for full terms

Quick Thoughts

This can be a great bonus as it means the person you refer can essentially get a $40 item for net free after cash back and you get $40 or 4,000 Membership Rewards points for helping them do it. When you sign up for Rakuten, your account preference is set to earn cash back by default, but you can switch your earning preference to Membership Rewards points (or keep it as cash back if that’s what you’d prefer).

Just make sure your referees sign up by December 8th. They then have 90 days to make $40 in purchases through Rakuten, which should be very easy at this time of year. Given portal rates that typically become very generous over the next 14 days (over the Thanksgiving / Black Friday period through Cyber Monday), it’s a good deal for them as well.

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Kay

Can I refer my spouse?

Justin

The same $40 bonus happend to me. Even though I switched to Amex points before ever purchasing anything my bonus is getting paid to cash. The actually purchase itself did credit me Amex points. I’m assuming there is no work around to this

Justin

There is a distinct separation:

900 Amex points will post 2/15/2023

I will receive $40 cash via PayPal 2/15/2023

It was only after I picked PayPal that it would allow me to enter my Amex information. Before giving my address they would not allow me to receive the $40 bonus via Amex points.

Steven

I see a 3k/$30 offer too, but maybe that’s because I made my account today

Liz

When I click on the offer I only see 3k and not 4k

JL100

I never got the 3k one after completing everything, maybe it takes forever.

Hannah

Do I use a portal? And how does that work if I am using the capital one portal to shop? Do i choose the one with the bigger cash back?