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Rakuten’s Cyber Monday offers are now live and the portal is offering 15% cash back or 15 Amex Membership Rewards Points per dollar spent at over 800 stores. At some stores, the returns are even higher. With the stores included in this promotion also offering their own Cyber Monday deals, this is a great time to stack savings and to snap up some bargains.
Today, among the participating retailers offering 15% cash back (or more) are the following*:
- Banana Republic
- Expedia (up to 15%)
- Finish Line
- Groupon (up to 15%)
- Neiman Marcus (up to 15%)
- The North Face
- Saks Fifth Avenue
- Sacks OFF 5th (up to 16%)
- Under Armour
*The list of participating retailers is subject to change
There no trick to getting the cash back or Membership Rewards points that are on offer (you simply have to click through to the retailers using the links on Rakuten) but before you start shopping there are two things you should keep in mind:
Firstly, before making any purchases, make sure you check what Amex offers are available in your American Express account – a number of retailers participating in the Rakuten promotion also frequently appear among the Amex offers I’ve seen this year.
Load your Amex card with any relevant offers and then use that card to pay when you’ve clicked through to the retailer(s) and finished your shopping.
Secondly, if you don’t have any relevant Amex offers to use, make sure you use a credit card that will reward you well.
Most miles and points credit cards will only offer 1 point or mile per dollar at a lot of the participating retailers, so this would be a good opportunity to use a good cash back card like the Chase Freedom Unlimited® Card (1.5% cash back on all spending) or the Blue Cash EveryDay® Card (3% cash back on U.S. online retail purchases on up to $6,000 per year in purchases – then 1%, terms apply).
Or you could use a card on which you’re currently working towards a strong welcome offer (e.g. If you recently signed up for the fantastic offer on the Citi Premier® Card).
Most importantly, don’t forget that if you’re new to Rakuten, you can sign up using this referral link and earn a bonus of $40 cash back or 4,000 Membership Rewards Points (on top of any other cash back/points you may earn).