In today's digital age, saving money while shopping and earning extra cash is more accessible than ever, thanks to platforms like Rakuten. Formerly known as Ebates, Rakuten offers a straightforward way to get cashback on purchases from numerous online and in-store retailers. Here’s a detailed guide on how you can maximize your savings and even earn thousands of dollars using Rakuten.
What is Rakuten?
Rakuten is a cashback and rewards program that partners with thousands of retailers. When you shop through Rakuten, you earn a percentage of your purchase back in the form of cashback. The platform also provides access to exclusive deals, discounts, and coupons, further enhancing your savings.
How to Get Started with Rakuten
1. Sign Up for Free: Visit the Rakuten website or download the mobile app and sign up for a free account. You can use your email or sign in with your Google or Facebook account.
2. Install the Browser Extension: The Rakuten browser extension makes it easy to activate cashback offers without visiting the Rakuten website first. It alerts you whenever you’re on a site that offers cashback through Rakuten.
3. Browse and Shop: Use the Rakuten portal to browse through thousands of partner stores. Click on a retailer to be redirected to their website, where you can shop as usual. Alternatively, use the browser extension to activate cashback when shopping directly on the retailer's site.
Maximizing Your Earnings
1. Look for Double Cashback Events: Rakuten frequently offers double cashback events. During these promotions, the cashback percentage on selected retailers is doubled, allowing you to earn more.
2. Refer Friends: Rakuten has a referral program where you can earn bonuses for inviting friends to join. Each time a friend signs up through your referral link and makes a qualifying purchase, you earn a bonus, which can be $25 or more.
3. Use Rakuten for Big Purchases: For significant purchases like electronics, travel bookings, or furniture, using Rakuten can result in substantial cashback. These high-ticket items often come with higher cashback percentages, adding up to considerable savings.
4. Stack Discounts: Combine Rakuten cashback with retailer sales, promo codes, and credit card rewards to maximize your savings. Always check for available coupons on the Rakuten website or app before making a purchase.
4. In-Store Cash Back: Link your credit or debit card to your Rakuten account to earn cashback on in-store purchases at participating retailers. This is especially useful for grocery shopping or dining out.
Earning Thousands with Rakuten
While earning thousands of dollars may seem ambitious, it’s achievable with consistent use and strategic shopping. Here’s a breakdown of how you can reach this goal:
Frequent Shopping: If you frequently shop online, make sure to always activate Rakuten cashback. Regularly buying household items, clothing, and gifts can steadily increase your cashback balance.
Travel Bookings: Booking travel through Rakuten’s partners, such as Expedia, can yield significant cashback. Given the high cost of flights and hotels, even a small percentage back can result in substantial savings.
Holiday Shopping: Take advantage of holiday sales, Black Friday, and Cyber Monday deals. These periods often feature higher cashback rates and can significantly boost your earnings.
Business Expenses: If you’re a small business owner, use Rakuten for purchasing office supplies, electronics, and other business-related items. The cashback from these purchases can add up quickly.
Referral Bonuses: Aggressively promote your Rakuten referral link. Share it on social media, with friends and family, and through your network. The more people who sign up and shop through your link, the more referral bonuses you earn.
Receiving Your Cashback
Rakuten issues payments quarterly through PayPal or check. Ensure your account details are up to date to receive your cashback without delay. Monitoring your cashback balance and knowing when the payout dates are will help you plan your finances better.
Conclusion
Rakuten offers a simple yet effective way to save money and earn cashback on everyday purchases. By leveraging its features, participating in promotions, and referring friends, you can maximize your earnings. Consistent and strategic use of Rakuten can lead to savings and earnings that add up to thousands of dollars over time. So, sign up today, start shopping smartly, and watch your cashback grow!