Last updated Jul. 22, 2024 by Okechukwu Nkemdirim
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<h1>Rakuten Referral Code: $40 Welcome Bonus and $40 For Referrals</h1>
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Have you ever wanted to save on your online purchases while earning rewards? Rakuten, formerly known as Ebates, offers a seamless way to get cashback on your shopping. With Rakuten's referral program, you can earn a significant bonus merely by inviting friends to join. In this comprehensive guide, we will explore how to maximize your savings with Rakuten's referral code offering a $40 welcome bonus and $40 for referrals.
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<h2>What is Rakuten?</h2>
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Rakuten is a widely popular cashback website that partners with a plethora of retailers to provide its users with cashback rewards on their purchases. Established in 1998, Rakuten has since gained millions of users globally. Its users can shop via the Rakuten website or app to earn cashback on their purchases from participating retailers.
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<h2>How Does Rakuten Work?</h2>
<p>
Rakuten operates on a straightforward model. When you shop online through the Rakuten portal, the platform earns a commission from the retailer. Rakuten then shares a portion of this commission with you as cashback. The cashback percentages vary from retailer to retailer, but users can typically expect anywhere from 1% to 40% cashback on their purchases.
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<h2>What is the Rakuten Referral Program?</h2>
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The Rakuten Referral Program is an excellent opportunity for existing users to earn additional cashback bonuses by inviting friends and family to join the platform. By using a unique referral code, new users can sign up through the referral link, and both parties receive a bonus.
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<h3>How to Earn the $40 Welcome Bonus?</h3>
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To capitalize on the $40 welcome bonus, follow these simple steps:
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<ul>
<li>Sign Up: New users must sign up on Rakuten using a referral code.</li>
<li>Make a Qualifying Purchase: Within 90 days of signing up, the new user must make a minimum qualifying purchase, usually around $30, through the Rakuten platform.</li>
<li>Receive Your Bonus: Once the qualifying purchase is confirmed, both the referrer and the new user will receive a $40 bonus in their Rakuten accounts.</li>
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<h3>How to Use Your Rakuten Referral Code?</h3>
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Here’s a step-by-step guide on how to successfully use and share your Rakuten referral code:
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<li>Log Into Your Rakuten Account: Navigate to the ‘Refer & Earn’ section.</li>
<li>Copy Your Unique Referral Link: This can be shared via email, social media, or directly with friends and family.</li>
<li>Your Friend Signs Up: When your referral link is used, your friend will need to sign up on Rakuten.</li>
<li>Both Earn Bonuses: Upon making a qualifying purchase, both the referrer and the new user earn the $40 bonus.</li>
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<h2>Benefits of Rakuten's Referral Program</h2>
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There are several enticing benefits to leveraging Rakuten's referral program:
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<ul>
<li><strong>Financial Incentive:</strong> Earn a straightforward and substantial $40 for every referral who makes a qualifying purchase.</li>
<li><strong>Ease of Use:</strong> The referral process is simple, making it an easy way to earn extra cashback.</li>
<li><strong>Boosted Savings:</strong> In addition to your regular cashback, you can accumulate more through referrals.</li>
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<h3> ✓ Short Answer</h3>
<p>Rakuten's referral program allows you to earn a $40 welcome bonus when you sign up with a referral code and make a qualifying purchase. Additionally, you can earn $40 for every friend who joins and makes a qualifying purchase using your referral code.</p>
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<h2>Real-Life Examples of Earnings</h2>
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To give you a clearer picture, let’s dive into some real-life examples of how you can accumulate substantial savings through Rakuten’s referral program.
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<h3>Example 1: Jane’s Journey</h3>
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Jane signed up for Rakuten using her friend’s referral code. She made a qualifying purchase of $50 within the first week, earning her a $40 welcome bonus. Motivated by this, Jane referred five of her friends, who all made qualifying purchases. This earned Jane an additional 5 x $40 = $200 in bonuses. Overall, Jane boosted her savings by $240 simply by utilizing Rakuten’s referral program.
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<h3>Example 2: Mark’s Experience</h3>
<p>
Mark has been a Rakuten user for over a year. By continuously referring friends and family, he successfully referred 15 people in one year, each making a qualifying purchase. This effort netted Mark 15 x $40 = $600. Besides his regular cashback from shopping, Mark earned a significant amount by leveraging the Rakuten referral program.
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<h2>Maximizing Your Rakuten Experience</h2>
<p>
To get the most out of your Rakuten experience beyond the referral bonuses, consider these tips:
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<ul>
<li><strong>Shop During Double Cashback Events:</strong> Rakuten often offers double cashback promotions that can significantly increase your earnings.</li>
<li><strong>Utilize Coupons and Discounts:</strong> Rakuten not only offers cashback but also provides discount codes that can be used in conjunction with cashback offers.</li>
<li><strong>Install the Rakuten Browser Extension:</strong> This will ensure that you never miss an opportunity to earn cashback on your online purchases.</li>
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<h2>FAQs</h2>
<h3>1. How can I withdraw my Rakuten cashback?</h3>
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Rakuten offers multiple payout options, including PayPal, check, or as an Amazon gift card. You can choose your preferred method in the account settings.
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<h3>2. Can I refer multiple friends at once?</h3>
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Yes, Rakuten does not limit the number of referrals. You can refer as many friends as you'd like, and for each qualifying referral, you will earn the $40 bonus.
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<h3>3. What counts as a qualifying purchase?</h3>
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A qualifying purchase typically means spending a certain amount (usually $30) through the Rakuten platform within the first 90 days of signing up. The specific amount may vary, so always check the current terms.
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<h3>4. How long does it take to receive my referral bonus?</h3>
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Once your referral makes a qualifying purchase, it can take up to 45 days for the bonus to appear in your Rakuten account. Be sure to check your account regularly.
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<h3>5. Is there a limit to how much I can earn with referrals?</h3>
<p>
There's no explicit limit on the number of referrals, but always check Rakuten's terms and conditions for any updates or changes.
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<h3>6. Can I use Rakuten internationally?</h3>
<p>
While Rakuten is available in several countries, the referral program specifics can vary by region. Make sure to check the availability and specific terms for your country.
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<h3>7. What if my referral forgets to use my code?</h3>
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Unfortunately, if a referral forgets to use your code, the bonus will not be applied. Ensure they use the correct referral link to sign up.
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<h3>8. Can I track my referral status?</h3>
<p>
Yes, Rakuten allows you to track your referral status through your account dashboard, where you can see if your referrals have signed up and made qualifying purchases.
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<p>
In conclusion, Rakuten’s referral program is an easy and lucrative way to maximize your cashback earnings. By using the Rakuten platform for your shopping and taking advantage of the generous referral bonuses, you stand to significantly boost your savings. So why wait? Sign up with a referral code today and start earning those bonuses!
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