Are you looking for an easy way to earn cash back or even double cash back on your purchases? Today I’m sharing what I really earned through the Rakuten app as we explore passive income money making opportunities for moms. Be sure to visit our Passive Income Ideas for Moms Series all year long as I challenge myself to find new ways to earn money for our family.
I can’t believe all of the enthusiasm and excitement for this new Passive Income Ideas for Moms series that I have started. It has meant so much to me to have your support and have you join me in these challenges. It’s also such a joy to have some of our older readers back now that I’m exploring another frugality series.
I am so happy to have you here and helping you explore new ways to make money for your family.
If you are new to the series, I am challenging myself to find new ways to make money for our family and taking you on the journey with me. I started with learning about the Rakuten app and shared how you could use this too as you were shopping.
Now that I have the first month under my belt, I’m sharing what I thought about my month with this app.
What I Earned From One Month Using the Rakuten App
What is Rakuten?
Rakuten (formerly Ebates) is a site (and app) that gives you cash back on on qualifying purchases. If you didn’t join me last month, simply use this referral link to receive your first $10 to shop with and to get began earning your own cash back rewards.
Rakuten is headquartered in Tokyo and is a a Japanese electronic commerce and online retailing company. The company handles a lot of different types of services like Rakuten Kobo Ebooks, Rakuten Credit Cards, Rakuten Super Points (which include member rewards), Rakuten Viber, and so much more.
Oh, and in case you didn’t know how to say the name of this service company, the Rakuten marketing team handled that with this clever commercial.
Spoiler alert: I was saying it the WRONG WAY all month long.
Was It Easy to Earn Money Through Rakuten?
Although I had been with Ebates (years ago!), I had completely forgotten to use this for my purchases. Downloading the app was super easy and it was also very easy to install the extension that allowed me to see what the cash back rewards were as well as any coupons that might be available for my purchases.
What Was the Outcome of the Cash Back Rewards?
Although I had planned to make a few purchases for the exterior of our home, we ended up doing some unexpected travel and that meant that no one was here to purchase or install these items. I have a feeling these next few months will be much more rewarding because of these home purchases as well as our upcoming holiday gifts we will be buying.
I am not a big spender so the results on the cash back rewards matched my spending habits.
Here are some creative cash back rewards though that I did receive:
We Got Cash Back on Our Food Delivery– Rakuten gives you cash rewards for shopping through DoorDash so I used the app for our family’s sushi delivery. Since I was a new customer, I was able to have the delivery fee waived, had a great coupon code, and also got $2.67 back on our dinner delivery.
I Got Cash Back on Our Day Pass to Great Wolf Lodge– $2.25 was deposited in my Rakuten account after snagging day passes for us to hit the water park over our fall break.
I Got Cash Back on my Old Navy Purchase– I ordered a few sweaters, for fall, and ended up getting $1.85 back on my purchase.
I Also Have Cash Back Pending on Travel Expenses- Since Rakuten was affiliated with Expedia, I booked my airline ticket through them so I could get the cash rewards. I also secured a Groupon, that is in processing, so I’m waiting for those pending charges to go through.
Airline tickets, for example, take six weeks to process so you don’t see immediate results.
As you can see, it was not an exciting month of purchases, BUT the point was to earn money on things I was already buying and not buy things just to buy things.
Overall, the total earned through my shopping was a mere $6.77.
If you are a big shopper, the potential for rewards would be much greater.
I have now trained myself to do targeted shopping and to check for double cash back rewards.
It only takes a minute, but it is more money back in my pocket by being strategic with this app.
Did You *REALLY* Earn Money on Referrals Through Rakuten?
I am really surprised that Rakuten does not have a cap on how many referrals you can cash in on. I know most of you were already signed up with this company so I didn’t think this was going to be a big earner.
It’s important to know that you don’t actually earn the referral cash unless the person spends $25 using the app. I had a lot of people sign up, but many who have not made their first purchase (21 pending referrals are still not activated). These just stay in a holding pattern until they make their first $25 purchase.
I still ended up referring 11 new people to the shopping app who actually made their qualifying $25 purchase. This yielded a $275 profit in my account that will be applied to my next big fat check.
I did share that I understand that I have an unfair advantage with this because of the website referrals. Even if I didn’t though, I can see how sharing your referral link, especially as people begin holiday shopping, can yield holiday cash for anyone. They offer easy ways to share on Facebook, text, and email.
While many affiliate programs are limited to bloggers, I love that this one is open to anyone who wants to share and that is a very high return on sharing a link on social media.
Will You Continue Using Rakuten For Shopping?
These are one month explorations because I may or may not feel like these efforts are worth it.
With this one, I actually do plan to make this a regular part of my spending routines. It was so darn easy to use and I loved their easy way of finding additional coupons for my purchases.
It wasn’t completely seamless because two of my purchases didn’t go through and I thought I wouldn’t receive my cash back credit.
I emailed the help desk a copy of my receipts and the deposit was quickly processed.
Overall, I’m really impressed with the customer service and the ease of the app.
I also realized that I had pending cash (from 2008!!!) that they still had in their system to credit me. That means that my actual check is $321.77, but isn’t actually reflective of my October earnings.
Grand Total Earnings for October: $281.77
NOT. TOO. SHABBY.
I will continue to keep you updated on totals as we go through this year.
Tomorrow I will be sharing with you a bigger November challenge that might get you thinking about how you are investing in yourself. I’m a month ahead of you, this time, so I can make sure that I could fully check out this next passive income builder for you and make sure it is worth your time.
See you on the blog tomorrow for our November Passive Income For Moms Challenge!!
