(EXPIRED) Rakuten referral bonus: 4K points or $40 for each side

3
Sorry, this deal is no longer available. Do you want to be alerted about new deals as they’re published? Click here to subscribe to Frequent Miler's Instant Posts by email.

Rakuten is offering a best-ever $40 referral bonus (which could alternatively be 4,000 American Express Membership Rewards points) for both you and your friend when you refer a new member and they spend $40 or more. That’s a total of $80 or between the two of you (or better still if you earn Membership Rewards points), which is an excellent deal.

a man sitting on a blue letter

The Deal

  • Shopping portal Rakuten is offering $40 for you and $40 for the new member when you refer friends who sign up and spend $40 or more through the portal within 90 days.

New to Rakuten?

  • Earn $40 cash back
    • Sign up with our refer-a-friend link
      Deal: Sign up with a refer-a-friend link and make $40 in qualifying purchases in 90 days to get $40 bonus cash back.

Want to switch your earning preference to Membership Rewards?

  • Simply go to your account menu, then “Account settings”, then “how would you like to get paid” and you can switch from cash back to Membership Rewards points
  • See this post for more detail

Key Terms

  • Subject to the Referral Program Terms, Rakuten will pay you a $40 Referral Bonus through your Rakuten account for each Qualified Referral during the period beginning 12:01AM ET May 14, 2021 and ending 11:59PM ET May 17, 2021 (“Offer Period”).
  • Notwithstanding anything to the contrary in the Referral Program Terms, this offer is valid only if the referral signs up and completes their qualifying purchase within 90 days.
  • You and your referral must be located in the 50 United States or Canada to qualify.
  • Offer may be modified or cancelled anytime.

Quick Thoughts

This is a great deal if you have friends or family members who have never used Rakuten before. The timing is also excellent since many stores are offering 15x / 15% cash back through 5/17/21. If your friend spends $40 through one of the stores included in that promotion, they’ll get $6 cash back on top of the $40 referral bonus, which ought to be enough to convince someone to try it out.

Want to learn more about miles and points? Subscribe to email updates or check out our podcast on your favorite podcast platform.
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

3 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
Darlene

I just referred someone with the $30 offer 2 days before they increased it to $40. Any chance they’d bump up our offer if I contact Rakuten?

justmeha

same situation.
sent an email had it bumped to $40 within the hour