Rakuten Review 2021 – Is it Scam or Legit?
Everyone loves shopping, and where else better to shop than online where things are simplified.
You'll find everything you need at the click of a button, and even better, you'll get amazing offers from shopping online, which I bet is the reason you are here for this review.
You must have heard of the app called Rakuten, and you would probably like to know more about how it works and whether it really does pay you to shop online.
If that is the case, well and good, you will have everything you need to make your decision after reading this Rakuten review.
Let's see how things go.
Product Name: Rakuten
Website Address: Rakuten.com
Overall Rank: 75 of 100
Scam or Legit: Legit
What is Rakuten? My Review:
Rakuten is a company that offers its members an opportunity to earn cashback from online shopping or purchases.
This company is not exactly an online shop itself. Rather, what they do is; if you shop using the affiliate link to various online shops that are featured on their website, they get the commission.
After referring you to the shop and earning commission, they split with you, so you get your share, and they get a percentage, and everybody goes home happy.
So simply put, Rakuten gets their money from the featured online shops on their website, and you get your money from Rakuten; it's a win-win for everyone.
This company was established in 1998 by Alessandro Isolani and Paul Wasserman. It was later acquired by a Japanese firm referred to as Rakuten.
Originally, it was known as Ebates but recently they have changed it to Rakuten.
Let me clear one thing very quickly, Rakuten is not something that can lead you to earn a full-time income from home and if you are among one of them in search of an opportunity from home, then see here.
Step by Step Guide on How Does it Work?
As we said, Rakuten is more of a marketing website that shares its commission with you.
Now all you have to do is sign up Rakuten with an email address, and just like that, you're given a chance to pick a gift card worth $10, but you can only collect this gift card after you make your first purchase of $25 or more.
When you sign up for Rakuten, it is important to ensure that your PayPal email is the same as the one you signed up with for Rakuten since you will collect money via PayPal.
After you login into your account for Rakuten, you will have many online shops to choose from since there are over 2000 online stores to be specific.
Of course, you will not shop in all of them, but it is always better to have various shops to compare.
Some of the most known shops include eBay, Amazon, Walmart, Target, Best Buy, Kohls.com, Macy's Walmart, RiteAid, Nordstrom, Priceline, Petco, and Orbitz.com.
And this is just the tip of the iceberg.
How to Make Money with Rakuten?
First and foremost, Rakuten pays you to do shopping that you would have done anyway, so this is a good way to earn an extra dollar for something that you would have done anyway.
Each time you complete your shopping, your points are automatically added to your account, and then Rakuten pays four times a year that's on the downside.
- They cash out on May 15 for purchases made between January 1 and March 31;
- They cash out on August 15 for purchases made between April 1 and June 30;
- They cash out on November 15 for purchases made between July 1 and September 30; and
- They cash out on February 15 purchases made between October 1 and December 31.
There are two ways that you can receive your money one is through a mailed check, or you could receive the money directly via PayPal.
Of course, it goes without saying PayPal is much faster, and the chances of losing checks are reduced to none.
They give you a chance if you wish to send the money to charity. Suppose you're feeling hospitable and more charitable where they handle the mailing and the transaction fees.
Apart from that, there is also another way to earn extra money referring friends and family for every one person refer you can earn one referral bonus. But they have to keep an active account after registration.
For you to qualify to get that bonus, they are required to purchase using not less than or a minimum of $25 within 90 days after registration on Rakuten.
Another way to earn a few free dollars is through a cashback visa credit card, where you receive an amazing 3 percent of your money back when you use the card to purchase, and you will also get an extra 1%.
If you use the card anywhere else that Visa is accepted and you know what to make it even better, this card comes for free and has no payment of some sort, no annual fees, no nothing it's completely free, but to get it a perfect score credit is required and a must for that matter.
A point worth noting is that your balance will only be sent to you if it exceeds the minimum balance of $5.
From customer reviews, you get to feel the advantages of Rakuten as there are very clear instructions on how you're supposed to do everything and what you will get at the end.
Their amazing customer service makes it even more popular than its competitors.
There are few complaints about missing payments, people who have not received their money back, purchases failing to meet the conditions necessary to satisfy 5% cashback, and minor complaints about canceled cashback
This is a legitimate website. If you follow the instructions, which are not really that hard to follow, then you can earn some extra cashback, and you could use this since you have to go shopping anyway to make some extra money.
Overall Rank: 78 of 100
Scam or Legit: Legit
But, technically speaking, this is no real way to earn money since, in the first place, you will need money to shop, so if your goal online is to make money and a living out of online working, then I wouldn't recommend you use it.
What I recommend is starting your own online business based on affiliate marketing. It will help you build a passive income stream you can depend on to pay your bills. You can learn to do that using my #1 recommendation system here.
I hope you liked my Rakuten review 2021, if so, please like and share it.