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Shopping portal Rakuten‘s biggest-ever sign-up bonus promotion is back. You can score a relatively easy $50 in cash back (or 5,000 American Express Membership Rewards points or Bilt points) for spending $50.
If you’re not yet a member of Rakuten, sign up using our referral link (thank you!). Spend at least $50 in one or more qualifying purchases during shopping sessions you initiate through Rakuten, and you’ll receive a $50 bonus on top of whatever cash back you earn on your purchases. You have 90 days from the time you sign up to complete the “challenge.”
(You can opt to receive American Express Membership Rewards or Bilt points instead of cash back.)
But the earnings potential gets even bigger.
Refer Your Family, Friends, Colleagues, and More!
You earn $50 for each person you refer to Rakuten — as long as they spend at least $50 on eligible purchases within 90 days of signing up.
You can refer your spouse, significant other, aunts, uncles, parents, in-laws, co-workers, parents’ in-laws’ coworkers’ aunts and uncles — whoever. Post the link on your Facebook, Xitter, Instagram, email signature, whatever.
For example, I originally joined through René’s Rakuten referral link. Then my wife used my link to sign up. Then she sent her parents the link.
You receive referral bonuses for each person you directly refer. You don’t earn commissions on people referred by your referrals. Get it? In other words, this isn’t a pyramid scheme multi-level marketing.
Perfect Timing for Sales and Statement Credits?
I anticipate plenty of Rakuten merchants will run holiday sales and other promotions in the coming three months.
Consider these sales hot spots:
- Memorial Day (nothing says “blowout sale” like a day honoring the country’s war dead)
- Father’s Day in June
- Fourth of July
- Back-to-School sales (only about ten weeks away for some of us!)
American Express Platinum Card® members: keep your eyes peeled for Saks Fifth Avenue bonuses through Rakuten. That’s great for stacking with your semi-annual Saks Fifth Avenue $50 statement credit. Remember the Platinum Card Saks benefit expires June 30, 2026.
The Business Platinum Card® from American Express holders: check Rakuten for Dell promotions, too, if you’re using your Dell Technologies statement credit.
Happy shopping and saving!
For rates and fees of the American Express Platinum Card®, please visit this link.
For rates and fees of The Business Platinum Card® from American Express, please visit this link.
Advertiser Disclosure: Eye of the Flyer, a division of Chatterbox Entertainment, Inc., is part of an affiliate sales network and and may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened. This relationship may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities. Some links on this page are affiliate or referral links. We may receive a commission or referral bonus for purchases or successful applications made during shopping sessions or signups initiated from clicking those links.








