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Rakuten (formerly Ebates) is offering 11% at hundreds of retailers, or 11x if you recently switched over your account to earn Membership Rewards. That’s a great return at many of these stores, but you’ll need to act quickly as this increased rate is only available today (November 11).
- Earn 11%/11x at 250+ retailers through the Rakuten shopping portal.
- Direct link to offer.
- Expires November 11, 2019.
11% cashback is a great rate for many of the participating retailers, although 11x Membership Rewards is an even better return if you switched over your account recently. In case you missed that news, you can now switch an existing cashback account to a Membership Rewards account without needing to close one and open a new one. For more on how to do that, see Rakuten (formerly Ebates): now change from cash back to Membership Rewards points.
I took a look through the list of stores and some that stood out to me include:
- Bass Pro Shops
As always, be sure to check Cashback Monitor to see how these rates compare and also bear in mind that many of the airline portals are currently offering bonuses when meeting spending thresholds.
For example, 11%/11x (at the time of writing this at 1am) seems to be the highest rate for Macy’s. However, the Alaska Airlines Mileage Plan shopping portal is offering 8x for Macy’s today. Their portal bonus can earn you an additional 3x if spending $1,500 during the promotion period, so if you’d hit that threshold you’d be earning 11x too. Some people value Alaska miles more highly than Membership Rewards so that could be a better choice than shopping through Rakuten today, but that’ll depend on your personal valuations.
These rates will also stack nicely with a variety of Amex and Chase Offers. Here are some examples of retailers where you can earn 11%/11x as well as save 10-20% or more in many cases:
- Harry & David
- Blue Apron
There are alternative stacking opportunities too. Saks Fifth Avenue is 11%/11x today, so if you haven’t used up the $50 Saks benefit on a personal Amex Platinum card, this could be a good opportunity to do that.