(EXPIRED) (Last Day) Rakuten Big Give Week: 15% cashback and $40 welcome offer for new members

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Update 5/16 – It’s the last day for Big Give Week. Both Sak’s and Dell seem to have been maxed out, but there’s some decent retailers left at 15x, including Walgreens and CVS. The $40 referral offer is still open as well, the best new member offer we’ve seen from Rakuten in ages.

Today, Rakuten starts a new promotion, called Big Give Week, that runs until 16th. Rakuten is offering up to 15% cash back (or 15x Membership Rewards) at quite a wide selection of merchants.

Both Saks Fifth Avenue and Dell is included, which is great news for those of us with Dell credits from the American Express Business Platinum or Saks credits from the consumer Platinum.

New members can receive a $40 bonus via referral, a terrific offer for Rakuten. If you’re already a Rakuten member, you can get the same $40 bonus for referring others.

There’s also a somewhat random NBA tie-in to this promotion. If members spend $75 or more from select stores, they will be eligible to receive a free limited-edition Starter jacket while supplies last…and they probably won’t last long.

Rakuten Promotion

The Deal

  • Earn up to 15% cash back or 15x Membership Rewards on Rakuten until May 16th on select merchants by clicking through the Rakuten portal.
  • Spend up to $75 through the Rakuten portal at select stores and you will be eligible to receive an NBA Starter jacket (while supplies last)
  • Expires 5/16/22
  • If you don’t have a Rakuten account, there’s a $40 bonus referral bonus for new members who sign-up and spend at least $40 through the portal within the first 90 days. If you do have an account. If you’d like to use one of our referral links, you’ll find them below. We’ll get $40 as well.

Tim’s Referral Link

Greg’s Referral Link

Stephen’s Referral Link

Quick Thoughts.

While this is a very good deal for cashback, when you use Rakuten you can earn Membership Rewards instead of the cash, which I find much more valuable. At our current RRV’s, that makes the 15x bonus worth approximately 23% back. That’s…pretty good.

Dell and Sak’s are both back to normal.

The fact that Dell and Saks are is listed at a full 15x is incredible, as you can earn 15x Membership Rewards AND burn those pesky Platinum credits. The Dell offer specifically says that it’s for “Dell Technologies For Work” but when you click through the “Work” link, it goes to the usual Dell.com consumer site, so it should work for Dell credits. Greg made a purchase on the site and confirmed that it did track through Rakuten.

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Adventure NML

Looks to me like the 15x is only on Dell Refurbished computers now, and is no longer showing for Work 🙁

Beechy

Saks Fifth Ave shows 2% for me 🙁 Maybe 15% was just yesterday.

Ed dee

Same here. It was 15% yesterday.

Abe

I don’t see dell at 15%, it shows Dell outlet at 15% though. Could it be targeted?

Brian

Question for you, Tim. I want to use the 15% Rakuten rebate at Caesars for a booking for next year. The Caesars site only charges a small deposit though–the remainder I assume will be collected when I arrive. Would I only get the 15% Rakuten rebate on the deposit or will I get it on the full amount?

Mary

Some of them are offering me a “just for you” rebate of 20%. No idea why, but I’ll take it!

NK3

15x at Walgreens & CVS. Time to get the 8 Covid at home tests my insurance will reimburse per month.

Marc

Don’t forget the 95% at Lifelock i.e. $100 Membership will net you 9500 Points aka 1.05 cent per MR + you have the service for a year