Last Updated on May 4, 2022
Firstly, I would like to welcome you to my Is Rakuten a Scam review. For sure the reason why you are checking on this review is you have heard the opportunities that Rakuten works and you want to know how legit it is to use their program. Who would not try getting a cash reward just by doing shopping online right?
With this review, I will let you discover things that you will be amazed about Rakuten. How true is the job opportunities with Rakuten? This is one of the questions that I will answer for you within this review. So I don’t want you to wait any longer, let’s get into details.
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What is Rakuten?
It is an application that was founded in 1998 and was first based at Menlo Park, California. They have been in the business for more than 20 years now, they are a mobile application and website that gives people rewards or cashback between 1% to 40% once they purchase on the app. So of course, you need to create your account with them to get the perks that they are offering with their member.
So basically, Rakuten has a large number of stores that are under their service. Those stores are paying them for every purchase under Rakuten website and they share the commission with you through a cashback. That is why this will require a big interest in shopping if you are someone who does shopping frequently this is something that you can try.
Is Rakuten the same as Ebates?
Yes, Rakuten is formerly known as Ebates, it was the former name of Rakuten for so many years but in early 2014 Rakuten decided to acquired Ebates and officially changed its name in 2019. There is nothing changed in the company after they acquire Ebates except on the places where you see the name of Ebates and now was changed to Rakuten.
How Does Rakuten Work?
Rakuten works very easy even an 18-year-old teenager can use this program. All you have to do is create an account using any email address and set up your password. Once you already logged in you will find a list of the store’s name, and from there you can choose where to shop. You can use the search bar as well if you know the name of the shop that you want to check and click on it. The link you will click will lead you directly to the store’s website through the use of Rakuten portal, then from there, you can start shopping.
Since the way it works is the same as you directly go on that specific store’s website but the difference is if you will access the store through Rakuten’s website you will get a cashback for every qualifying item that you purchased.
There is another way to access the store’s website through Rakuten, it is by downloading the Rakuten browser extension and when you install it on your browser you can just skip the step to direct you to Rakuten’s website. This is a faster way to enjoy the benefits you will have with them, all you need to do is go directly on the store’s website where you want to shop and a pop-up will show on your screen if that store is eligible for a cashback, and all you have to do is click on the button on the pop-up and you will still enjoy the cashback.
Is there a membership fee for Rakuten?
Rakuten is totally for free and you don’t need to pay for any single centavo to create the account, but of course, you must have the money to use in purchasing items that you want.
How do I get Rakuten cashback?
The amount or percentage of cashback that you will get will depend on the item or store, like for example, Walmart may give you 2% cashback on a regular purchase but they can also have a higher percentage up to 20% on the other items that they have on the store. The percentage as well may change from time to time depending on the day or time you will purchase from them.
If you are wondering how you can get your cashback, they have a minimum withdrawal of $5. However, they will only pay you via check and they are sending the payment quarterly regardless if you were able to meet their minimum withdrawal fee.
Can You Make Money With Rakuten?
If you are going to ask me if you can really earn or make money with Rakuten, I can say yes. Why? There are some testimonials that they are getting paid by this program. They partnered with some known stores around the globe like the following:
- Nordstrom
- Macy’s
- Amazon
- Turbotax
- Ace Hardware
- Bath and Body Works
- Target
These are some of the stores that you can find at Rakuten and I think they will not collaborate with Rakuten if this company is not paying their people or employees. You can really make money with them through shopping but the thing is it may take time before you can get your cashback because like what I have mentioned earlier, they are sending checks quarterly.
If you are looking for a legitimate way to make money online see how you can start your online business today for free and no credit card needed.
What I Don’t Like About Rakuten.
It seems that based on the information I gave you above, Rakuten is a good source of money. However, there are also some things that you need to be aware of them. Here are the things that I don’t like about them.
A long wait for your salary.
The reason why we all work is for us to make money, and have it within a month or by two weeks. But that is not the case with Rakuten, they will pay you via check every quarter, which means you have to wait more than a month to enjoy what you have worked for. The minimum cash out is at $5, so imagine if you were going to cash out just $5 you will wait over a month to have it and it will be via check.
It will cost you more even if joining is for free.
The membership fee is for free, however, if you will analyze it you will get paid by doing shopping, what if you will buy an item amounting to $15 and you will only get less than a dollar on it, it may appear that you save but you really not.
What I Like About Rakuten.
However, there are also things that you can look forward to Rakuten. Here are the things that I like about Rakuten
Membership is free.
This is one of the things that I like about them, you don’t need to pay extra for their membership fee. All you need to do is sign up and get started right away after.
Easy way to earn money.
You don’t have to refer to someone or to sell anything. All you have to do is to shop and earn instant cashback. The highest cashback you can get is at 40% it still easy somehow right?
Is Rakuten a Scam? My Final Verdict.
After all the research I have done for this review I can say that Rakuten is not a scam. They really help people to make money through cashback and they are partnered with both well-known companies. However, there are some things to consider about Rakuten, this is not a job that will sustain your monthly needs since they are giving your money or salary every quarter and the amount you will get is not enough for, maybe you will spend more on buying than earning.
I can somehow recommend this but not a stable one but for a part-time, if you want a to earn money online that will not require you to shop and wait for a long time to earn, you can check on my Wealthy Affiliate Review and learn more strategies online that you can do to earn money, it can be easy as writing your favorite hobby and get something out of it.
I hope that this “Is Rakuten a Scam” review serves its purpose to you and if you have any concerns and questions you can leave that on the comment box below. Cheers!
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