The Deal
- Rakuten is offering increased cashback/Membership Rewards rates when paying with a linked card in-store at several retailers, including:
- CVS – 15x
- Macy’s – 15x
- Omaha Steaks – 10.5x
- Direct link to offer.
- My Rakuten referral link.
Key Terms
- Macy’s expires August 11, 2024, other expiry dates unknown.
- Gift cards excluded.
Tips & Ideas
All three of the retailers listed above have corresponding Amex Offers and/or Chase Offers that’ll stack with the earnings from Rakuten. As always, gift card purchases are excluded, but that doesn’t necessarily mean it’ll be enforced.
None of these offers have a limit listed for how much cashback you can earn. The CVS deal sometimes has a limit of $5 per transaction, but that’s not listed here. I don’t know if that’s inadvertent or if this latest iteration of the deal really doesn’t have a limit. If you have experience with past versions of this offer that had no limit listed, please let us know if it still maxed out at $5 cashback (or 500 Membership Rewards) per transaction.
h/t Stone
Maxed out at $5 on a $60 test. Last night when it was 10x promotion.
My Rakuten app says $5 is the maximum cashback on a 15% offer.
FYI I stacked this with Ibotta 5% deal in the app (scan receipt to earn) – Ibotta posted and Rakuten is pending, so looks like a solid stack.