Rakuten is a popular cashback site that offers users the opportunity to earn cash back or Amex points when shopping through their portal. In addition to this, Rakuten also has a referral program that allows users to earn even more rewards by referring friends to the platform.
The referral program is straightforward – when you refer a friend to Rakuten and they make a qualifying purchase of $30 or more through the portal, both you and your friend will earn $30. The current offer period runs through March 31, 2024, and the referred person must sign up and complete their purchase within 90 days of signing up on Rakuten.
What makes this referral program even more enticing is the fact that cash back earned through Rakuten can be converted into Amex Membership Rewards points. This means that not only can you earn $30 for referring a friend, but you can also earn 3,000 bonus Membership Rewards points if your friend chooses to earn points instead of cash back.
The value of these points is significant, as each point can be worth 1.5 cents when redeemed. This means that by referring a friend to Rakuten and having them spend $30, you could potentially earn $45 worth of Membership Rewards points.
To make the most of this referral program, it’s important to consider how you pay for your purchases. Check if your American Express cards have any targeted offers for retailers that are also on the Rakuten portal. By combining these offers, you can maximize your rewards and savings.
If you’re shopping with a retailer that doesn’t earn any credit card bonus points, make sure to use a credit card that offers the most valuable points or a great cash back card. This way, you can maximize your rewards even further.
Overall, Rakuten’s referral program is a great opportunity to earn extra cash back or Amex Membership Rewards points. Both the referrer and the person being referred can benefit from this program, as long as the referred person spends at least $30 through the Rakuten portal within 90 days of signing up.
If you’re interested in taking advantage of this promotion, you can click on the referral link provided in the article to be referred to Rakuten. By doing so, you’ll qualify to earn $30 cash back or 3,000 Membership Rewards points.
In conclusion, Rakuten’s referral program is a fantastic way to earn extra rewards when shopping through their portal. Whether you choose to earn cash back or Amex points, this program can help you maximize your savings and rewards. Don’t miss out on this opportunity to earn extra rewards – start referring your friends to Rakuten today!