Make the most of Rakuten’s $30/3,000 Amex points bonus for referrals

Rakuten is a popular cash back site that offers users the opportunity to earn cash back or Amex points for their online purchases. In addition to the cash back and points earning potential, Rakuten also has a referral program that allows users to earn even more rewards.

The referral program is quite simple. When a user refers a friend to Rakuten and that friend spends $30 through the Rakuten portal, both the referrer and the friend earn $30. The offer period for this referral bonus currently runs through March 31, 2024.

What makes this referral bonus even more attractive is that the cash back earned through Rakuten can be converted into Amex Membership Rewards points. For every cent of cash back earned, Rakuten offers 1 Membership Reward point. Since the author values Membership Rewards points at 1.5 cents each, this means that every cent of cash back earned can be worth 1.5 cents when converted into points.

With this referral bonus, both the referrer and the referred friend can earn 3,000 bonus Membership Rewards points for each successful referral. This is on top of any other points earned for the purchases made through Rakuten.

However, it’s important to note that the referred person must sign up and complete their qualifying purchase within 90 days of signing up on Rakuten in order for the referral bonus to be valid. So, while it may seem like an easy way to earn $30 or 3,000 Membership Rewards points, it does require some action on the part of the referred person.

Aside from the referral bonus, there are other ways to maximize the benefits of using Rakuten. For example, users should check the Amex offers that their American Express cards have been targeted for, as many retailers on the Rakuten portal often have Amex deals going on as well. This can provide additional savings or rewards on top of the cash back or points earned through Rakuten.

Additionally, users should be strategic about how they pay for their purchases. If shopping with a retailer that won’t earn any credit card bonus points, it’s best to use a credit card that will earn the most valuable points or a great cash back card. This way, users can maximize their earnings and savings.

Overall, Rakuten’s referral bonus is a great opportunity for users to earn additional rewards. Whether it’s $30 cash back or 3,000 Membership Rewards points, both the referrer and the referred friend can benefit from this promotion. Just remember that the referred person must spend at least $30 through the Rakuten portal within 90 days of signing up for everyone to reap the rewards.

If you’re interested in taking advantage of this referral bonus, you can click on the provided link to be referred to Rakuten and qualify for the $30 cash back or 3,000 Membership Rewards points.

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