Friday, October 6, 2023

Rakuten Review

 What is Rakuten

Rakuten is a cashback platform that rewards users for participating in their cashback offers. This service has been operating since 1997 and was formerly known as Ebates. Although it's rebranded as Rakuten, it remains the same platform with some updates.
With over 15 million members in the United States, Rakuten's popularity is evident. However, to truly assess its earning potential, it's essential to delve into how you can accumulate rewards through this platform.



Option 1 – Cashback Offers

 
Rakuten, being a cashback platform, offers a variety of cashback deals for its users. After completing the registration process, which we'll discuss later, you can log in to your member dashboard and start taking advantage of these cashback offers.
This platform provides a wide range of cashback opportunities, which is a significant advantage. If you're new to cashback offers, the concept is straightforward. When you click on a cashback offer, it redirects you to the website hosting the offer. For instance, if you click on an Amazon cashback offer, it takes you to Amazon for your shopping.
Once you make a purchase, a percentage of the amount you spent is credited back to your Rakuten account. This cashback feature extends to various categories, including hotels and booking sites, making it particularly useful for online shoppers.
To make accessing these cashback offers even more convenient, Rakuten offers a Google Chrome extension. This extension automatically applies the best coupons when you shop on partner sites. This eliminates the need to constantly browse the Rakuten site for available deals. When you visit an online store, the extension will notify you if there are any deals available. This convenience sets Rakuten apart and is something other cashback sites could learn from.


Option 2 – Rakuten referral Program


Rakuten also offers a rewarding referral program, which can be quite lucrative. When you invite someone to join Rakuten, and they become a member, you'll earn $25, which will be added to your Rakuten account. It's important to note that the person you refer must complete at least one cashback offer before you receive the $25 referral fee.
Considering the requirement to qualify for this reward, a $25 referral fee is a substantial amount for a referral program. You can invite others to join Rakuten by sharing your referral link or sending them an invitation email.
One noteworthy feature of their referral program is the ability to track the status of your referrals. When you visit the referral section of your dashboard, you'll see a list of your referrals and whether they've met the qualification criteria. If you have friends who frequently shop online, this can be a great way to earn some extra cash.



How do you get paid?


Rakuten offers payment options through checks or PayPal. If you opt for a check payment, be prepared for some wait time, as it will be sent via postal mail and may take a while to reach you.
On the other hand, if you choose PayPal as your payment method, you'll need to go through a verification process. The payment will be issued to the PayPal account associated with the email address in your Account Settings, so make sure this information is correctly set up.
One notable feature of Rakuten is its relatively low payout threshold of $5, which is easily achievable in my opinion. However, it's important to note that you'll have to wait for three months to receive your payment, and even longer if you opt for a check payment.


Is Rakuten a Scam or Legit ?.


In summary, Rakuten is a legitimate cashback site that provides numerous cashback opportunities for its members. It has several positive qualities and a few drawbacks. Here's an overview of its pros and cons to help you decide whether to join the site or not:

Pros


  •     Abundance of cashback options.
  •     Simple and straightforward registration process.
  •     Reliable customer support.
  •     Attractive welcome bonuses.


Cons

  •     Limited earning potential (you save money rather than directly earning).
  •     Offers are primarily available for the US and Canada, despite accepting members       from other countries.
  •     Slow payout process.

Ultimately, Rakuten can be a valuable platform for those looking to save money on their online purchases through cashback offers. However, the potential for substantial earnings may be limited, and the availability of offers varies by location. Consider these factors when deciding whether to join Rakuten.

Sign up For Rakuten Here!!

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