Rakuten Review: Cash Back Rewards From Over 3500+ Stores (2024)

FAQs

Rakuten Review: Cash Back Rewards From Over 3500+ Stores? ›

Overall, Rakuten offers a relatively easy way to earn cash back

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.

The time it takes for Cash Back to be confirmed depends on several factors, including the store, store policy, reporting schedule, exclusions and returns. 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.

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.

If your shopping session is idle for too long, Cash Back can become deactivated. Also, be sure to activate Cash Back before you add anything to your cart--some stores don't allow us to link a purchase to your Rakuten account if items were added to your cart before you activated Cash Back.

Unfortunately the evolving market, aggressive growth (and targeting of rivals) at Amazon and, likely, the choice to rebrand the once well-known site under the Rakuten name all led to declining business. The original CEO and COO left in 2012.

Are credit card cash-back rewards taxable? 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.

If you canceled your order, it's no longer eligible for Cash Back. Did you make any returns? If you returned all or part of your order, the store will let us know and we will adjust your Cash Back accordingly. Going to other sites, especially ones that offer shopping rewards and coupons, can void Cash Back.

In-store Cash Back is only available for physical purchases made at the store. If you place an online purchase and pick up in-store, you will not earn in-store Cash Back. Pay with your linked card to earn Cash Back. Use your linked card when you're purchasing in store.

Do offers expire? Yes. Link expiration varies by store, so please check “See Details” on the In-Store Cash Back site to determine the rules for a specific offer. If the offer is no longer linked to your card, you will not receive Cash Back for your purchase.

Is Amazon part of Rakuten? ›

Amazon Coupons, Promo Codes + Deals | Rakuten. Amazon is no longer affiliated with Rakuten and does not sponsor or endorse Rakuten services.

By choosing a familiar Japanese-sounding name, Rakuten looked to earn the trust of its new customers. Soon after, the company name was changed from the original “MDM” to “Rakuten.” Other group services followed suit, working the new name and logo into their own brands.

Payments are sent every three months on our payment schedule. If you opt for a Big Fat Check, you will receive a check issued to the name and address in your Account Settings (or “Choose How to Get Paid” in the App). Payments can be sent to the PayPal account of your choice.

You then need to link the offer to your account and use your debit or credit card to make a purchase. 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.

Rakuten on Tuesday logged its fifteenth consecutive quarter in the red as losses at its mobile service network unit outweighed a record performance from its financial unit. The internet conglomerate logged an operating loss of ¥33.3 billion ($213 million) in January-March, in line with estimates.

On Rakuten, you earn real cashback for shopping online with thousands of partners… no catch, just pure cash savings and joy. Overall, Rakuten has fewer bells and whistles than Honey. However, to date, I've earned over $7,000 by using it to shop online and from referring readers/friends.

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.