Rakuten Review — How To Make Cash Back When You Buy Online
- FartMan
- Sep 18, 2021
- 5 min read
Who would reject a coupon when purchasing an item online. I believe it’s certainty not. We all want the best value for our money and been given the opportunity to not only have coupons but receive actual cash back into our pockets is a great bargain.
In today’s article we are reviewing an online shop and get cash back system called Rakuten.
WHAT IS RAKUTEN?
Formally know as Ebates, Rakuten is a take over and this happened in 2014. As a cash back site that is having partnership with over 2,500 shops including famous and great ones like Amazon, Nike, Kohl, Levi’s, Forever 21, Target, Locker, Foot locker and many more….Rakuten offers cash backs from as low as 1% to 40%.
It’s good news that, with all these partnership you can buy absolutely everything you want to here with rakuten.
FEATURES OF RAKUTEN
Rakuten comes with a few features and they are the chrome browser extension and the in-store features.
With the chrome browser feature, a plug in is downloaded and installed into your computer. This enables rakuten to notice anytime you log into any of its supported marketplace. This browser features pull out pop ups containing coupons for you to apply
The second been the In-store app. This is when you have logged into your rakuten account and are exploring, buying etc. inside the stores.
HOW DOES IT WORK
Rakuten has features of affiliate marketing and hence rewards anytime you refer someone to become a part of the community and uses the platform for shopping.
Making cash backs does not necessarily means you have refer someone to be a part of this community before but when you personally buy anything of your choice in any store as we normally do on a daily basis, you receive your cash back immediately your purchase reaches $20. The good thing is that payments are also made with paypal hence making it much secured.
Either way, thus by making purchases of your own or inviting friends and family to also shop through rakuten, you are making money and this is passive, they have the information once and whenever they make purchases you receive your commission without doing any extra work.
This is indeed a win-win for both parties. The company gets customers to buy from them, you receive commission for referring and last your referrals get cash back for also buying. Everyone is happen and the cycle continues.
WHEN IS PAYMENTS MADE
Generally, payments are made every quarter after cash backs or commissions have been made.
Therefore, monies generated in the month of January to March would be paid in May, those generated in July to September would be paid out in November and so on.
Waiting for two months to receive your money should not be a problem for you because it has taken people years to build a system to make money online and some are still not successful at that even as you this article, therefore getting cash back for buying your favorite items which you are going to use, even waiting for 6 months shouldn’t be a big deal.
HOW DO I CREATE AN ACCOUNT ON RAKUTEN
Creating an account with rakuten or signing up is absolutely a no skill requirement at all. Just visit their website here and click the Join Now button.
The simple sign up is by using an email address and password you would create. You are however given the chance to use your Facebook or Google account to sign up. You would been be required to verified you are a human being by ticking the reCaptha box and then agreeing to the Terms & Conditions. With this, you are already a part of the team!
In addition, the best part about creating an account with Rakuten is that you will get a sign-up cash bonus of $10.
To qualify for a welcome bonus, you will need to make a minimum purchase of at least $25 within 90 days of becoming a member.
RAKUTEN PRICING
Rakuten is entirely free to use. No fees, no hidden costs. Again, because retailers pay Rakuten upfront to refer people to their stores, Rakuten doesn’t charge consumers for the service, which makes it a no brainer from a cost perspective. With Rakuten, it isn’t about how much you pay but rather how much you’re getting back.
Each retail partner of Rakuten varies in the amount of cashback you can earn. Overall, consumers can earn anywhere from 1% to 40%. These cashback percentages vary by retailer and product.
For example, Target may offer 1–5% cashback on overall purchases but 20% cashback on all home and garden products, meaning that you would get more back when you buy garden products through them.
HOW SECURED IS RAKUTEN
Rakuten is a very secure website. They don’t require you to enter your payment information to use their services, which is a good sign. All you need to sign up is an active email address.
When it comes to cybersecurity, Rakuten is certified in accordance with the Payment Card Industry Security Standards Council (PCI). That’s a lot, but it’s basically a regulator that makes sure websites sufficiently encrypt sensitive data, such as credit card information.
Rakuten is very straightforward about how they use their information, although you can read the fine print. Rakuten admits to using location tracking to collect marketing data which it then sells to third parties.
Although you can choose to opt out of location tracking, this may limit your availability of certain features. Collecting and selling marketing data is standard practice these days, but it’s something to keep in mind if you’re interested in how businesses use their data.
PROS OF RAKUTEN
EASY TO USE Rakuten is very easy to use, whether you choose a website, a browser extension or an application. All you need to do is create an account on the site, click on the store you are interested in and buy as usual.
However, the easiest way to use Rakuten is probably a browser extension as you don’t have to manually search for deals.
CASH BACK Who wouldn’t want to save money now, especially when it’s not in high demand? With Rakuten you can save money in stores you normally buy. The site has several discount offers in many stores.
VARIETY OF OPTIONS
No matter what you’re shopping for, finding it in one of the many online stores is definitely possible and this is a plus. Less limitations.
REFERRAL PROGRAM
Many sites offer referral programs, but Rakuten’s is especially impressive. Offering $5 — $25 on your cashback by making referrals, Rakuten encourages you to spread the news to your friends so that they can start earning cashback too.
CONS OF USING RAKUTEN
ONLY PAYS CASHBACK QUARTERLY
This can be a bummer if you want immediate gratification. Rakuten will also only issue a cashback payment if you have accrued at least $5, which is meant to encourage you to use Rakuten more often. If you don’t meet that minimum by the end of the quarter, you’ll have to wait until next quarter’s payout to get your cashback.
ENCOURAGES IMPULSE BUYING
Even though you’re getting cash back, you’re still ultimately spending money. The appeal of cashback can lure people into making hasty online purchases, especially when buying is as easy as clicking a button. Make sure that you’re shopping intentionally and staying within your budget.
ORDER ISSUES
Once you make an order, you cannot change it or cancel it. Also, orders may take longer to get delivered if you are not from Japan.
ACCOUNT ISSUES
You cannot purchase or sell products without creating an account. However, a created account can be disabled permanently without any prior notice.
WHAT ARE CUSTOMERS SAYING ABOUT RAKUTEN
SUMMING UP
It’s no doubt that people always receive different experiences with almost every system especially when it comes to online stuffs. Therefore give it a try for yourself and test it for yourself.
It is also important to know that Rakuten is an official partner for football giants FC Barcelona and the NBA as a whole.
DISCLAIMER: This article contains referral links and I may receive a commission if registrations are made using links in these article.
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