Is Rakuten Legit

As you will read in many other previous Rakuten reviews, using the site is safe and secure. Therefore, Rakuten is completely legit. It gives you free money while purchasing your usual goods. With more than 2,500 stores and companies to choose from, almost everyone can earn some cashback.

Is Rakuten really worth it? The short answer is yes, though all of them come with caveats, including relatively small payouts, slow payout schedules and fluctuating rewards. Here, we’ll take a closer look at Rakuten, as it’s one of the most popular and largest cash back websites out there.

What are the cons of Rakuten? Cons Of Using Rakuten

Rakuten members receive their Big Fat Checks or PayPal payments every three months for cash Back from store purchases. Some shoppers think this is too long to wait to be paid for shopping.

 – Related Questions

Does Rakuten sell your information?

Though major companies like Rakuten do not sell information to third parties, they do share it. And while the data these companies trade is anonymized, identifying users isn’t difficult, especially if you share your location with an app or website.

Is there a membership fee for Rakuten?

Joining Rakuten is simple, and it’s always free. You can start shopping and earning Cash Back as soon as you sign up. Create a secure account by submitting your email address and a password. You can also join using your Facebook or Google account.

Is Rakuten or honey better?

Honey is a better mobile app if you frequently shop from your smartphone and want to centralize your deals. However, as an independent app, Rakuten has more functionality and exclusive deals. Verdict: Rakuten’s exclusive cashback deals and in-store coupons are tough to beat.

Does Rakuten work with Amazon?

Cash Back is no longer available at Amazon but you can find great Cash Back deals and coupons from the stores below. Amazon is no longer affiliated with Rakuten and does not sponsor or endorse Rakuten services.

What are the pros and cons of Rakuten?

Pros Cons
• No inactivity fee • Limited product portfolio
• Easy and fast account opening • No web trading platform
• Good mobile trading platform • Poor customer service

Does Rakuten have a limit?

The difference in shopping with Rakuten is that when stores pay us, we pay you. Even better: Membership is free. There’s no limit to how much Cash Back you can earn.

How does Rakuten make their money?

Rakuten gets a commission from stores when you make a purchase, and instead of keeping it, Rakuten share it with you. Find the store on, click “Shop Now” and shop like normal on the store site. After you make an eligible purchase, you’ll earn Cash Back and get a check or PayPal payment every quarter.

What is Rakuten net worth?

Rakuten net worth as of August 30, 2021 is $16.15B. Rakuten, Inc.

What’s the point of Rakuten?

What is Rakuten? Rakuten is an online and app-based service that gives people cash back when they make a purchase using a Rakuten link. Formerly known as Ebates, Rakuten’s main objective is to help consumers save money on things they’re already buying.

What happens if you return something Rakuten?

Returned or cancelled orders may void Cash Back and be deducted from your Cash Back Balance, depending on the store’s policy. … To ensure you receive Cash Back on exchanged orders, you can instead return the item and place an entirely new order at that store. Just make sure to start your shopping with Rakuten.

Do you have to pay taxes on Rakuten?

For most of these rewards that are given to consumers, the IRS treats them as discounts rather than income. … And since a discount isn’t taxable, there’s no need to keep track of all your cash back rewards to prepare your tax return.

How often does Rakuten send money?

Payments are sent every three months on our payment schedule. If you opt for a Big Fat Check, you will receive a check issued to the name and address in your Account Settings (or “Choose How to Get Paid” in the App).

How long does it take to get Rakuten Cash Back?

It usually takes a little time for the store to confirm that your purchase was completed. Depending on the store, this can take from a few hours to several days. Every three months, we send you the Cash Back you’ve earned, either in a Big Fat Check or via PayPal.

What is the best cash back site?

Best Cashback Rebate Sites for 2021
Mr. Rebates.
More items…•Aug 6, 2021

Does Rakuten track IP address?

To provide us with advertising and marketing services, we partner with certain third parties that automatically collect Internet and Network Activity information about your use of the Services, such as your browsing history, IP address, pages viewed, and links clicked, so that they can use this information to serve you …

How do I withdraw money from Rakuten?

To withdraw money from Rakuten Securities, you need to go through the following steps:
Log in to your account.
Select ‘Withdrawal’ or ‘Withdraw funds’ from the appropriate menu.
Select the withdrawal method and/or the account to withdraw to (if more than one option is available)
More items…

Which is better TopCashback or Rakuten?

TopCashback offers 100% of the commission back to its members and consistently features higher cash back rates than Rakuten. Our comparison tool has found that we offer higher rates for the majority of the merchants listed on both sites.

Is Rakuten app safe?

As you will read in many other previous Rakuten reviews, using the site is safe and secure. Therefore, Rakuten is completely legit. It gives you free money while purchasing your usual goods. With more than 2,500 stores and companies to choose from, almost everyone can earn some cashback.

Do Rakuten and honey at the same time?

Not At The Same Time. You can not use Rakuten and Honey at the same time. If you try, they will turn off each other. … Sometimes when I shop online if Rakuten doesn’t have cash back, Honey might offer “honey gold”.

What is the catch with Rakuten?

There’s no catch to Rakuten, but you must buy items to earn cash back. Once your account has reached $5, the company releases cash back payments. Earnings depend on the amount you spend.

Leave a Comment