Online Coupons & Cash Back | Shop 3,500+ Stores! | Rakuten (2024)

FAQs

Is there a downside to using Rakuten? ›

Rakuten partners with many stores but doesn't have deals with every retailer. You may find you can't earn cash back at some of your regular stores.

How does Rakuten work? Rakuten saves you money by using a simple business model: Stores pay Rakuten a commission for sending our members to shop at their websites. Rakuten then splits that commission with you, in the form of Cash Back.

For the most part, the amount of cash back you receive will depend on the brand you're ordering from; cash back can be as low as 1% and as much as around 20% — and there's no limit to how much money you can cash out.

Joining Rakuten is simple and free. Once you sign up, you can start shopping and earning Cash Back on qualifying purchases. Create a secure account with an email and password. You can also join using your Facebook, Google or Apple account.

In-Store and Dining Cash Back work by letting you add Cash Back offers to a linked credit card. Any card information you share with Rakuten is held in a secure, encrypted environment and will never be exposed, sold or otherwise compromised.

Amazon is no longer affiliated with Rakuten and does not sponsor or endorse Rakuten services. Amazon is your one-stop online resource for shopping a wide selection of products from names you already know and trust. Shop clothing, lawn and garden, electronics, books, beauty and more with Amazon.

Rakuten Group, Inc.

'Optimism') is a Japanese technology conglomerate based in Tokyo, founded by Hiroshi Mikitani in 1997.

We'll send your first payment as soon as 15 days after your first purchase. After that, we'll send your Cash Back payment every three months. If there's any Cash Back pending, we'll carry it over to your next payment. Remember, you can only earn Cash Back if you start shopping at Rakuten.

No, credit card cash-back rewards are not taxable. The IRS treats cash-back rewards as a rebate on spending and not as income, so you aren't required to pay income tax on these rewards.

Does Rakuten Cash Back expire? ›

In addition, while our Big Fat Checks are valid for 90 days, we also have an additional 90-day grace period. So each of our checks is actually valid for 180 days (or 6 months) from the issue date. Please Contact Member Services to tell us about your lost, missing, expired or damaged check.

When you've clicked on a Rakuten link to earn Cash Back at a store — on Rakuten.com, in the Rakuten App or with the Rakuten Cash Back Button — you've created a Rakuten Shopping Trip. Your Shopping Trip is assigned a unique number, which we use to verify your purchase with the store.

Our cut-off time for a cash withdrawal is at 2.50pm on a business day. If you perform a withdrawal before 2.50pm on a business day, we will process the withdrawal on the same day, and it will be credited to your bank account by 11pm on the same business day.

When a store is dubbed "Coupons Only" or "No Discount", you will not receive Cash Back on your purchases from that store. You can use the coupon codes posted on Rakuten Canada to get great deals at Coupons Only stores by clicking through the links on Rakuten Canada and using the coupon codes at check out.

After you've installed the extension, head to the store you want to shop (no need to visit Rakuten.com first). The extension will automatically notify you if Cash Back is available. Select Activate Cash Back and you're ready to go. You can also activate Cash Back by selecting the Rakuten icon in your browser's toolbar.

It typically takes a few hours or days for the funds to appear in your account. What is the catch with Rakuten? There's no catch to Rakuten, but you must buy items to earn cash back. Once your account has reached $5, the company releases cash back payments.

David Bookbinder recently signed up with Rakuten, one of the most popular cash back apps, and said he started getting 1 to 10 percent cash back with many of his purchases. "Rakuten pays you every 3 months," he said. "So I would probably get paid 300 or 400 dollars every three months. So that's real money."

Rakuten Group currently has total debt of more than 1.5 trillion yen, of which 800 billion yen is due to be redeemed by the end of 2025. Rakuten has posted 13 straight quarters of operating losses due to its troubled mobile unit, resulting in cumulative losses for the group of 819 billion yen ($5.5 billion).