For a limited time, Rakuten (formerly called eBates) is offering $40 to both you and your friend when you refer them to become a member.
Ninja Update 11/29/21: The $40 refer-a-friend referral offer is back! It’s been half a year since we’ve seen this so take advantage before it ends (promo expiration is unknown). Perfect opportunity to earn back money during Cyber Monday.
Rakuten is one of my favorite cash back sites that gives you a portion of your money back when you shop at your favorite online stores.
For instance, Rakuten is offering 7% cash back when you shop at Nike. If you buy a $100 pair of sneakers, you’ll get $7 back for your purchase. This is on top of any coupons or discount codes you use!
It’s free to join and costs absolutely nothing. If you want to learn more about cash back sites and how they can do this, I give more details in this post.
With most of us shopping from the comfort of our home, there shouldn’t be a reason why you’re not using sites like this to save more money.
Rakuten Refer-A-Friend Offer
For a limited time, when you refer a friend, you both will get $40 each. The referral sign-up bonus will post once they become a member and spend $30 at any store.
The Bottom Line
Great referral bonus for the referral and the referee! The best referral bonus in the past was a $30 one in the spring of 2020.
Normally, the bonus is $25 for the person who refers their family or friend and $10 for the referred person.
If you’re new to Rakuten, this is an excellent opportunity to join and essentially get paid for doing so.