Rakuten Cashback Explained – GSFF (2024)

Shopping at your favorite stores can get expensive, especially when shopping online. That’s why knowing how to get special offers and cashback deals is something we all need to know and learn more about.

Below we’ll discuss how to get cash back on your everyday spending with Rakuten starting today.

Rakuten Cashback Explained – GSFF (1)

Rakuten Cash back

Over the years, shopping online has become more and more popular, and with most stores having an online presence now, we have had to find different ways to save that can also be applied online.

This made coupon codes and promo codes one of the top ways to save online over the years. This is still true today, but there is another way to get the best deals for your online purchases that also works on your in-store purchases and it’s even easier and can save you more money than coupon codes.

Do you know what it is? If you guessed cash-back rewards, you were right. It’s a great way to save money on everyday purchases and an excellent way to get back some of the money you spent.

You will have to sign up for cashback websites and apps to get these rewards for your shopping trip. There are many cash-back sites out there, but one of the most used to this day is the Rakuten app and Rakuten’s website. These apps and cashback sites are for the most part free to you.

Rakuten is the what we’ll focus on today; we’ll go over what it is, how to use it, and most importantly: how to redeem your cash bonus.

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Rakuten Cashback Explained – GSFF (2)

What Is Rakuten

Rakuten’s website is a cash back site mainly used for saving money on a store’s website like Old Navy. It does this by giving you cash for shopping on select stores sites.

The amount you get back depends on the percent of cashback that the store offers. For example, one store may give 5 percent cash back, and another may offer 2 percent.

Many don’t know that you can access your Rakuten account through their mobile app and the Rakuten browser extension. This is especially great because it gives you more ways to save that most sites don’t offer. But that’s not all, you can even get your cash-back offers in-store.

How Rakuten Works

Rakuten Cashback Explained – GSFF (3)

To start getting free money for shopping, go to the Rakuten site and sign up, it’s completely free. You even get a welcome bonus of $10 just for joining, and all you need is your email address to join.

Once you log in, you can select the way you want to be paid. It doesn’t get more simple than that.

Your choices are through your PayPal account, a paper check, or American Express. To start earning from online stores, all you have to do is select which store you want to shop at. There are plenty of popular retailers to choose from, so you’re guaranteed to find your favorite stores.

After you select which store you want to shop at, it takes you to that store. Once you make your purchases, the cashback rates will be applied to your account. Some stores give you double cash back, so if you’re looking to get extra cash, be sure to check them out.

You must go through a slightly different process to earn in-store cash back. You need to add your credit or debit card information and apply to the stores where you want to get cash back. Then, when you do your in-store shopping, your offer will be applied to your account, just like with online retailers.

How To Cash Out

Rakuten Cashback Explained – GSFF (4)

A Rakuten member can cash out by going to the Rakuten website or app, click on their account, and selecting the cashback balance option. To withdraw the money, you need a balance of at least $5.01. If you have the minimum amount, all you have to do is select how you want to be paid, and that’s it. Your money is now on its way.

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Rakuten Cashback Explained – GSFF (5)

That’s all there is to it. What are you waiting for? Click here to get started NOW.

Here are some frequently asked questions, fell free to leave any comments or questions below and I’ll answer ASAP.

FAQ: Rakuten

Q: How does Rakuten Cash Back work?

The way Rakuten cash back works is very simple, after you sign up for Rakuten and select how you want to get paid, you can start earning cash back by choosing the store you want to shop at and start shopping. But you have to be a member to earn rewards.

Q: Is there a monthly fee for Rakuten?

There is no fee monthly for being a Rakuten member or using the site and app. They actually pay you for joining. You have to set up how you want to get paid to receive it.

Q: Do you have to have a credit card for Rakuten?

You don’t need a credit card to sign up for Rakuten or earn cash back, there are plenty of other ways you can receive your cash back payment and your $30 bonus.

Q: How do you get $30 on Rakuten?

To get your $30 bonus on Rakuten, you have to refer a friend or family member. Once they sign up and spend $30 or more, you will receive your bonus. They do have to make a purchase of at least $30 within 90 days for you to be able to redeem the cash bonus.

Q: How do I redeem my Rakuten Cash Back?

To redeem your Rakuten cash back, you need to have your choice of payment picked and have a minimum balance of $5.01 in your Rakuten account. Then, you need to go to your account and select the balance option and withdraw.

Q: Does Rakuten have an extension?

Rakuten has a browser extension, and it’s completely free. The extension allows you to shop online and get cash back without going through the website.

Q: What happens to Cash Back if you return something?

If you return something your cashback is affected. The amount you earned from the item will be reduced from your cash back balance.

Rakuten Cashback Explained – GSFF (6)

Rakuten Cashback Explained – GSFF (7)
Rakuten Cashback Explained – GSFF (2024)

FAQs

Rakuten Cashback Explained – GSFF? ›

On Rakuten, cashback

cashback
A cashback website is a type of reward website that pays its members a percentage of money earned when they purchase goods and services via its affiliate links.
https://en.wikipedia.org › wiki › Cashback_website
works on new or second-hand purchases. After the purchase, the customer recovers a percentage of the total amount spent. This amount is added to the customer's cashback, or in the form of points. Customers can then use their cashback to finance future purchases!

How does Cash Back work on Rakuten? ›

Rakuten saves you money by using a simple business model: Stores pay Rakuten a commission for sending our members to shop at their websites. Rakuten then splits that commission with you, in the form of Cash Back. To earn Cash Back: Join Rakuten: It's free and only requires an email address and a password.

Do you really get money back from Rakuten? ›

Once a store confirms your purchase with us, we add Cash Back to your account and notify you via email or push notification. The time it takes for Cash Back to be confirmed depends on several factors, including the store, store policy, reporting schedule, exclusions and returns.

How do I redeem my Rakuten Cash Back? ›

Once you have the Cash Back Button installed to your browser, just head to the site you want to shop. The Button will automatically notify you if Cash Back is available. Select Activate Cash Back and that's it! You can also activate Cash Back by selecting the Cash Back Button icon in your browser's toolbar.

Why is Rakuten not giving me Cash Back? ›

If your shopping session is idle for too long, Cash Back can become deactivated. Also, be sure to activate Cash Back before you add anything to your cart--some stores don't allow us to link a purchase to your Rakuten account if items were added to your cart before you activated Cash Back.

Where does my Rakuten money go? ›

Payments are sent every three months on our payment schedule. If you opt for a Big Fat Check, you will receive a check issued to the name and address in your Account Settings (or “Choose How to Get Paid” in the App). Payments can be sent to the PayPal account of your choice.

How do I get points instead of Cash Back on Rakuten? ›

Go to Account Settings and select Membership Rewards Points under How You Get Paid. Connect your American Express account by entering your user name and password and you're all set! Any confirmed Cash Back earned before switching to points will be converted to points and transferred on the next payment date.

Who pays the Cash Back on Rakuten? ›

Rakuten Advertising Disclosure

Our business is based on a simple idea: When you follow our links to visit a store, that store pays us a commission on whatever you buy during your visit. We then share that commission with you, our members, as Cash Back.

What is better, Ibotta or Rakuten? ›

Although both companies work with a variety of retailers, Ibotta generally has more offers at grocery and convenience stores, while Rakuten has a larger selection of department stores and popular brand names.

Is it safe to link a credit card to Rakuten? ›

Rakuten takes your privacy and security very seriously. Your credit card data is safely stored in a secure, encrypted environment that has been certified as compliant by the Payment Card Industry Security Standards Council (PCI). Visit PCI's site to learn more about PCI compliance.

How long does it take to see Rakuten Cash Back? ›

Depending on the store, this can take from a few hours to several days. Once the store confirms that you've made a purchase, we'll add Cash Back to your account and notify you. At that point, the amount will be viewable in Cash Back Balance.

How long does Rakuten take to give Cash Back? ›

2) How quickly is Cash Back credited to my account? Most Cash Back rewards are credited within 48 hours. Some stores, however, cannot confirm your purchase until the return period has elapsed and may take up to thirty days to confirm your Cash Back.

How long does it take Rakuten to show Cash Back? ›

Depending on the store, this can take from a few hours to several days. Once the store confirms that you've made a purchase, we'll add Cash Back to your account and notify you. At that point, the amount will be viewable in Cash Back Balance.

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