Rakuten - Rakuten review: Is Rakuten legit or scam? (all you need to know)

What is Rakuten:

Rakuten is a unique e-commerce company that has revolutionized online shopping in Japan and around the world. Founded in 1997 by Hiroshi Mikitani, the company started as a simple online marketplace, but has since expanded into a diverse range of businesses that includes e-commerce, online travel, fintech, digital content, and communication services. 

What sets Rakuten apart from other e-commerce companies is its focus on providing customers with an unparalleled shopping experience. The company's commitment to customer service is evident in its customer loyalty program, Rakuten Super Points, which allows customers to earn points for every purchase they make on the platform. These points can then be used to make future purchases on Rakuten or with partner companies, giving customers a tangible reward for their loyalty.

Rakuten's global reach is another factor that sets it apart from its competitors. With operations in more than 30 countries and regions, the company has established itself as a truly international brand. In Japan, where Rakuten is one of the largest e-commerce companies, it is often referred to as "the Amazon of Japan", a testament to the company's influence and impact on the country's retail landscape.

But Rakuten is more than just an e-commerce company. The company's ownership of the Tohoku Rakuten Golden Eagles, a professional baseball team in Japan, and its partnerships with various sports teams and leagues around the world, demonstrate its commitment to supporting and promoting sports and entertainment.

Rakuten is a truly unique e-commerce company that has made a significant impact on the retail industry in Japan and around the world. Its commitment to customer service, global reach, and diverse range of businesses make it a force to be reckoned with in the world of e-commerce and beyond.

How to earn money on Rakuten:

1: Earn cashback:

Rakuten, formerly known as Ebates, is a popular cashback platform that has been gaining popularity over the years. It provides shoppers with an opportunity to earn cashback on their purchases from various retailers. Cashback is the most popular way to earn from Rakuten, and it is easy to see why.

How does cashback work on Rakuten?

Cashback on Rakuten works by providing shoppers with a percentage of their purchase price as cashback. When you make a purchase through Rakuten, a commission is paid to Rakuten by the retailer. Rakuten, in turn, shares a portion of this commission with the shopper in the form of cashback. The percentage of cashback varies depending on the retailer and the product category.

For example, if you were to buy a pair of shoes from Nike through Rakuten, and the cashback rate was 5%, you would earn $5 cashback for every $100 spent. The cashback earned will be added to your Rakuten account, and you can cash out once you have accumulated a minimum balance.

Benefits of Rakuten:

1: Save money on your purchases:

There are several benefits to earning cashback on Rakuten. Firstly, it is a great way to save money on your purchases. With the average cashback rate ranging from 2% to 10%, you can save a significant amount of money on your shopping. 

2: Offer wide range of retailers:

Rakuten offers a wide range of retailers, including popular brands like Amazon, Walmart, and Macy's, among others. This means that you can earn cashback on your purchases from your favorite retailers.

3: Offer Bonuses:

Rakuten offers bonuses and promotions throughout the year, which means you can earn even more cashback on your purchases. For example, Rakuten may offer a bonus of $10 for every $50 spent on certain retailers during a specific period. This is a great opportunity to earn more cashback on your purchases.

4: No hidden fees:

Rakuten is free to use, and there are no hidden fees or charges. You can earn cashback on your purchases without any additional costs, making it a great way to save money.

Rakuten Referral program:

If you're looking for a way to earn some extra cash on Rakuten, you might want to check out their referral program. By inviting your friends and family to join Rakuten, you can earn $25 for each person that becomes a member of the site and completes a cashback offer.

To start earning referral rewards, you will need to log in to your Rakuten account and navigate to the "Refer & Earn" section of the site. Here, you will find a unique referral link that you can share with your friends and family.

Once someone uses your referral link to sign up for Rakuten and completes their first cashback offer, you will receive $25 in your Rakuten account. It's worth noting that the referral must complete the cashback offer before you can earn the referral reward.

One of the great things about Rakuten's referral program is that there's no limit to how many people you can invite to the site. The more people you refer, the more money you can earn. Plus, since Rakuten offers cashback on a wide range of products and services, it's easy to find offers that will appeal to your friends and family.

Rakuten payment options:

If you are wondering how to get paid your earnings on Rakuten, there are a few things you should know.

Firstly, when you complete an offer, you'll earn a percentage of the amount you spent on purchasing the product. This amount will accumulate in your Rakuten account balance until you are ready to cash out.

To request payment, you need to have accumulated more than $5 in your account. Once you hit this threshold, you can choose to receive payment via PayPal or check.

However, it's important to note that payments are only sent every three months on Rakuten's payment schedule. This gives you plenty of time to accumulate your earnings and reach the payout threshold, but it also means you might need to wait a little while to receive your payment.

If you opt to receive your payment via check, it's worth noting that it will be sent via postal mail. This means that it might take some time to arrive, so you should factor this into your expectations.

On the other hand, if you choose to receive payment via PayPal, you will need to make sure that you've properly set up your account details in your Rakuten account. When you select PayPal as your preferred payment method, you will be asked for verification to ensure that the payment is sent to the correct email address associated with your account.

Getting paid your earnings on Rakuten is a simple process, but it does require some patience and attention to detail. As long as you accumulate more than $5 in your account and choose your preferred payment method, you should receive your payment on Rakuten's payment schedule.

Who can join Rakuten?

 It is important to note that Rakuten is available to users in the United States, Canada, the United Kingdom, Germany, and France. If you're based in one of these countries, you can sign up for Rakuten and start earning cashback on your online purchases.

To join Rakuten, you'll need to create an account on the site. This is a simple process that only takes a few minutes. You'll need to provide some basic personal information, such as your name and email address, and create a password for your account.

Once you've created your account, you'll be able to start browsing Rakuten's offers and earning cashback on your purchases. To earn cashback, you'll need to click through to the retailer's site from Rakuten and complete your purchase as usual. Rakuten will then track your purchase and credit your account with cashback.

It's worth noting that there are some restrictions on who can use Rakuten. For example, you must be 18 years or older to sign up for the site. Additionally, Rakuten is intended for personal use only, so you can not use it to make purchases for your business or as part of a cashback or rewards scheme.

Another important factor to consider is that Rakuten's offers and cashback rates can vary depending on your location. This means that the offers available to users in the United States may be different from those available to users in Canada or the United Kingdom.

Is Rakuten legit or scam?

Rakuten is legit and not scam, the company was established since 1997 and have been offering cashback to users since then. If you were really looking to know if Rakuten is legit, the answer is yes it is.