(Update) Rakuten: Earn 15x At CVS In-Store With Linked Card

Update 7/15/24: This is now back up to 15%/15x for all users it seems. h/t Matt

Update 7/5/24: Matt reports seeing a 10x rate on his account which is what I see too, but Kaza reports in the comments below that they’re seeing 20%. It therefore looks like Rakuten might be offering targeted rates on this offer.

Update 7/4/24: The limit of three transactions appears to have been removed. h/t Ashley

The Deal

• Earn 15% cashback or 15x Membership Rewards from Rakuten when paying with a linked card at CVS.
• Direct link to offer.
• My Rakuten referral link..

Key Terms

• Expiry date unknown.
• US stores only.
• Maximum Cash Back per qualifying transaction is $5.00.
• Maximum of 3 redemptions per Cardholder.
• Offer not valid at locations in US territories.
• In-Store offers not valid for online purchases and cannot be combined with other offers.
• Offer not valid for gift card purchases.
• Debit card purchases must be processed as credit to be eligible for Cash Back. When using a debit card, do not enter your PIN.
• If you add the same merchant on more than one rewards site or platform, you will only receive rewards through the most recently added Offer.
• Once you add an Offer, you may make qualifying transactions for up to 1 hour after initial redemption before needing to re-add the Offer.
• An added offer that has not been redeemed will automatically expire 75 days after it is added or on the date the offer itself ends, whichever is sooner.

Tips & Ideas

With a limit of $5 cashback per transaction, you’ll max this out when spending $33.33, but note that you can use it on three transactions. If they’re not done in quick succession, you’ll need to reactivate the offer on your account.

Gift card purchases are listed as being excluded, but that doesn’t necessarily mean that’ll be enforced. Don’t forget that there’s also a gift card deal at CVS this week.