Rakuten offers holiday bonus for new sign-ups and referrals

Rakuten functions as an online shopping portal that partners with various retailers to provide cash back on purchases initiated through its platform. Users can install a browser extension for easy access to potential rebates while shopping directly on merchant sites.

The company earns commissions from partnered retailers for sales generated through its platform, which are then partially shared with customers as cash back. This arrangement benefits both consumers and retailers by driving additional business.

For those interested in maximizing their rewards, Rakuten allows switching from cash back to earning American Express Membership Rewards points. However, initial bonuses from referrals are only available as cash back.

Users should consider comparing potential earnings with other platforms like airline shopping portals before making purchases through Rakuten.

Several credit cards may complement these offers by providing extra rewards on purchases made via Rakuten. Examples include Capital One Venture Rewards Credit Card and Citi Double Cash Card among others.

In conclusion, this promotional offer is straightforward and provides an easy way to earn extra cash or points during online shopping by signing up or referring friends to Rakuten.