The cash back treasure, I just discovered!

Couple of weeks ago I opened the App Store and noticed an article about a featured app called “Rakuten”. I tapped on it and got surprised by the idea:

Earn money when you shop with up to 40% Cash Back! Shop at 2,500+ stores AND earn Cash Back on all your purchases — it’s easy!

I downloaded the mobile app and started exploring it, then I realized I just discovered the cash back treasure…

Image for post
Image for post
https://gph.is/1i9EiSE

1. Cash back in store

The app shows you the current cash back rates on all stores and allows you to link your credit card with a store to have cash back in store.

2. Cash back online

And a Chrome extension that sends you a notification with the cash back offers, deals & coupons while shopping -and searching-.

Image for post
Image for post

3. [Optional] Even extra +3% cash back on top of existing cash back

If you are using the Rakuten credit card. This means if Nike has 8% cash back, with this credit card it will be 8% + 3% = 11% cash back!

Image for post
Image for post
An [optional] credit card for extra +3% cash back!

But how they are making money?

Well, it’s simple; stores pay Rakuten commissions for referring customers to their stores/websites. Then Rakuten pays back a portion of this money to customers.

Rakuten is a simple way to earn cash back at 100s of stores that you’re probably shopping at already.

Sign up and & get your $30 bonus using this link! ;)

Thank you for reaching this far 👏. You can also check my other article to learn how to save an extra $6,000+ in a year!

All information above is my personal opinions and should not be considered as a professional financial or tax advice. Some links in this blog are referral links.

Written by

Senior Research Software Engineer at Microsoft | Co-founder of Videolator, ImagineCup WW-Winner | Building great products is my true passion! OmarAbouElkhir.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store