You know it. You love it.
And, well, if you don’t, you’re missing out on free cash.
I’m talking about the cash-back site Rakuten, formerly Ebates.
The long-time Penny Hoarder favorite has gotten a new name. (You might’ve seen the commercials on Hulu.) But don’t worry. Everything looks and works the same — you’ll still get up to 40% cash back from more than 2,500 online stores, including up to 5% cash back on some Amazon purchases.
If you already have an account, you don’t have to worry about a thing. The name will change on July 31.
If you don’t have an account, well, here’s what you need to know.
How to Earn up to 40% Cash Back While Shopping Online
If you’re a frequent online shopper, Rakuten is a tool you need in your savings arsenal. It’s super easy to use. No points. No receipts. No surveys. No fees. Just automatic cash.
Here’s how to sign up:
- Create a free Rakuten account in less than two minutes.
- Shop online at more than 2,500 stores through the platform. You’ll find your classics — Amazon, Old Navy, Target and Walmart — but also discover some gems, like Postmates, Madewell, “The New Yorker” and Leesa.
- Earn cash back automatically. As long as you earn more than $5, you’ll get a “Big Fat Check” in the mail quarterly.
Qualifying for your first check is super easy. If you sign up and make your first purchase of $25 or more within 90 days, you’ll get a free $10 bonus.
We’ve talked to a lot of Rakuten users who’ve gotten paid through the platform. Colleen Rice of Denver, Colorado, for example, has earned $526.44 in cash back.
Honestly, who doesn’t love getting free money in the mail?!
Carson Kohler ([email protected]) is a staff writer at The Penny Hoarder.