Money back apps and websites make it easy to make money when you shop online. And a well-known cash back website is paying higher rewards this week. Rakuten, a popular money back application, allows you to make money when you shop online with participating retailers. You will need to activate bids to get rewards.
It is worth noting that you will not receive your cash refund earnings instantly. Rakuten sends payments every quarter when the bills reach at least $ 5 in earnings. If you are a frequent shopper, money could build up quickly over time.
How much can you earn? Refund earnings vary by store. However, many popular retailers partner with Rakuten, which gives you more chances to win.
Using money back apps is an easy way to make money on purchases you already plan to make. And you can get even more money if you use Rakuten to buy this week.
How To Earn Up To 15% Cash Refund
During Rakuten’s Big Give Week, you can earn up to 15% cash back by making valid purchases with participating merchants. The event will run until May 16, 2022, so you still have time to shop.
Not all retailers pay 15%, but many do. Some of the brands that offer this refund rate include:
- American Eagle Outfitters
- The children’s place
Is 15% cash back a good deal? Yes, since this is a high income rate. For example, if you plan to make a $ 300 purchase with a participating retailer, you can earn $ 45 in cash. If you bought the item without using Rakuten, you would lose $ 45.
If you want to maximize your rebate earnings, think about the purchases you wanted to make and see if your favorite retailers are participating in this week’s event.
How To Maximize Your Earnings And Spend Less
If you plan to use Rakuten to earn a 15% cash refund, you may be wondering how to increase your earnings. It may be possible to earn other rewards or save money by taking advantage of offers and discounts.
Here are some suggestions:
- Pay with a rewards credit card. If you have a rewards credit card, use it to pay for your purchase and get valuable rewards. If you have multiple cards in your wallet, check your earnings rates and choose the card that will earn you the most.
- Check coupon codes. Many retailers have coupon codes that you can use to save money on your order. You can use coupon apps and websites to find them.
- Don’t ignore credit card offers. Some card issuers have specific retail offers and offers that appear on their website or application. These deals can save you money. For example, the Chase Offers program could help you get your money back as a statement credit.
If you don’t use tools like Rakuten, check out our list of the best money back apps for more information. The “free money” you earn can help you increase your savings account balance.
If you’re trying to change your money, you’re not alone. We all look for ways to make our money go further. Check out these personal finance resources for additional tips.
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