(EXPIRED) Save 30% On LastPass Premium + Earn 20%/20x From Rakuten

I’ve had ‘sort out a password manager’ on my to-do list for longer than I care to admit and I finally got around to setting that up a few days ago.

I’d heard good things about LastPass and so went with them as it also let me stack a couple of deals to save even more. That’s because Capital One Spring is offering 30% off LastPass Premium for the first year for new users and Rakuten is offering 20%/20x. Here’s how it works.

Capital One Spring – 30% off

The first step with this is to click through to LastPass from Capital One Spring. You don’t have to have a Capital One card to have an account with Spring as it’s free to register.

Note that LastPass offers three types of plan for single users and families:

• 1 device type – Free
• Premium for access on all devices – $3 per month
• Families for access on all devices with 6 premium licenses – $4 per month

My understanding is that LastPass made some changes relatively recently. In the past their free plan allowed you to use their service on both desktop and mobile, but now you have to pick one or the other. That’s why getting a Premium plan can be useful because it covers you for all device types.

Note that the Capital One Spring offer only gives 30% off the first year of the Premium plan – it doesn’t seem to work for the Families plan.

After selecting the Premium plan, you’ll need to enter your email address and a Master Password. That Master Password will need to be completely different to any password you’ve ever used anywhere else, otherwise you’ll be risking that someone will gain access to your LastPass account (and, by extension, every single one of your other accounts elsewhere) if you use the same password that’s been exposed in a hack from another site.

After doing that, you’ll be taken to the payment page. You’ll see that the $3 monthly fee is charged for annually, with the Capital One Spring 30% discount being applied to reduce the cost to $25.20. However, don’t submit your payment details yet as there’s another step.

Rakuten

Somewhat strangely, Rakuten seems to be the only shopping portal that offers rewards for LastPass. I’ve been keeping an eye on it periodically and it seems to have held steady at 20%/20x for quite some time. It’s sadly not like services like LifeLock where Rakuten sometimes offers 80x-100x.

Click through to LastPass from Rakuten and select ‘Buy Now’ or whatever button option it gives you. You shouldn’t need to enter your email address or Master Password again as it’ll take you back to the Order Summary page. The discounted pricing from the Capital One Spring offer should still be displayed, but be sure to verify that before submitting your payment info.

Despite having initially clicked through to LastPass from Capital One Spring to take advantage of the 30% discount offered by them, subsequently clicking through from Rakuten meant the tracking got credited to Rakuten.

504 points is worth $5.04 if your Rakuten account is set up to earn straight cashback, reducing the overall cost for the first year to $20.16. If your Rakuten account is set up to earn Membership Rewards instead like mine is, you’ll earn 504 points which can be redeemed for far better value than $5.04. Either way, stacking these two offers means you’re saving at least 44% on your first year of LastPass premium while also hopefully helping ensure all your online accounts – banking, loyalty programs, stores, etc. – are more secure. To truly make all of those more secure, you’ll want to change the passwords on all those other accounts and save them to LastPass. Generating a new, secure password is simple if you use Chrome as your browser as Google will offer to create a random, lengthy password with a mix of letters, numbers and other characters. Subsequently saving those passwords to LastPass is as simple as clicking one button from their browser extension which pops up when you generate that password. The main hassle is therefore going through all of your different accounts in the first place, so that’s now on my (hopefully not too delayed) to-do list.

(n.b. Funnily enough, just after scheduling this post LastPass sent an email advising that they also offer a secure password generator feature, so that might be more convenient if you don’t use Chrome.)

If you only need LastPass access on one device, you might as well go for the free plan. However, LastPass Premium offers a Vault where you can add notes, documents and more which I don’t think is offered under the free plan. That’s the main reason I went for the Premium plan as it means we can securely upload documents like copies of our passports, drivers licenses, tax returns, COVID vaccination records, etc. I’m also planning on setting up a lengthy note listing all of our financial accounts and other important accounts (e.g. website hosting, domain registrations, basic gift card reselling info) for my wife to access as I take care of all our financials and websites. That way if anything happens to me, it hopefully won’t be as much hassle for Shae to know where everything is.

If you’re more interested in the plan for families, it looks like you can upgrade from LastPass Premium to LastPass Families and pay a pro-rated amount. What I’d do is wait until you’ve received the payout from Rakuten in case a plan change affects the tracking on that, but it might still track without an issue if you upgrade your account immediately after paying for the Premium plan.

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