Rakuten, formerly known as Ebates, is a globally recognized cashback and rewards platform that helps users save money while shopping online and in-store. Founded in 1998, Rakuten partners with thousands of retailers across various categories, including electronics, clothing, travel, beauty, and more.
Here’s how Rakuten works:
- Sign Up for Free: Users create a free account on Rakuten's website or mobile app.
- Shop Through Rakuten: Browse through Rakuten's partner stores or search for a specific retailer. Click the retailer's link on Rakuten to start shopping.
- Earn Cashback: Once a purchase is made, Rakuten tracks the transaction and adds a percentage of the purchase amount as cashback to the user's account. The percentage varies by store and promotion.
- Receive Payments: Users can choose to receive their cashback via PayPal, check, or other payment methods, typically issued quarterly.
Additional Benefits of Rakuten:
- Special Deals and Discounts: Rakuten often provides exclusive coupon codes and promotions for its users.
- Referral Program: Users can earn bonuses by inviting friends and family to join Rakuten.
- In-Store Cashback: Linking credit cards to Rakuten allows users to earn cashback even when shopping in physical stores.