If you've been meaning to join Rakuten (the cash-back portal formerly known as Ebates), now's the time. They're running their highest referral bonus ever: sign up through a friend's link, spend $50 within 90 days, and you'll get $50 cash back. The person who referred you also gets $50. It's a win-win, and it's hard to beat for a few minutes of work.
What's the Catch? (Spoiler: There Isn't One)
You need to spend $50 through Rakuten within 90 days of joining. That's it. No minimum purchase per transaction — just a total of $50 in qualifying orders. And since Rakuten works with hundreds of stores (Target, Home Depot, Walmart, you name it), hitting that threshold is easy.
One smart trick: buy a $50 Visa gift card from Giftcards.com through Rakuten. You'll earn cash back on the purchase itself, and you'll meet the spending requirement in one shot. Just make sure you click through Rakuten's link first so the purchase tracks.
- Spend $50 total — not per order — within 90 days.
- Use the portal for everyday shopping you'd do anyway.
- Gift cards count toward the $50 requirement.
Why This Offer Stands Out
Rakuten has offered referral bonuses before, but $50 is the highest I've seen. Plus, you can convert your cash back into American Express Membership Rewards points at a 1:1 ratio. If you're a points enthusiast, that can be more valuable than straight cash.
Another nice touch: you can refer your spouse, family, or friends. Each successful referral earns you another $50. So if you have a few people who shop online, you could stack up some serious cash.
Things to Watch Out For
Make sure you're a new member. Existing accounts don't qualify. Also, the offer can be modified or canceled at any time, so don't drag your feet. And if you're buying a gift card to meet the spend, be aware that Giftcards.com sometimes cancels orders. If that happens, wait a few days and try again, or create an account first.
- Only new members are eligible for the sign-up bonus.
- You must be located in the 50 US states or D.C.
- Offer may be changed or ended early by Rakuten.
Bottom Line
- Sign up through a referral link, spend $50 within 90 days, and get $50 cash back.
- Referrers also earn $50 per successful referral — no cap mentioned.
- Use the portal for everyday purchases to hit the spend requirement easily.
- Consider buying a $50 Visa gift card through Rakuten to meet the threshold in one go.
Common Questions
Can I use the bonus cash back right away?
Yes, once the $50 bonus posts to your account (usually after the 90-day period), you can request a payout via check or PayPal. You can also choose to convert it to American Express Membership Rewards points.
What counts as a qualifying purchase?
Almost any purchase made through Rakuten's portal qualifies, including gift cards. The key is that you must click through Rakuten's link to the merchant before buying.
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