Ebates Is Offering a New Way to Earn AMEX Membership Rewards Points & 1,500 Bonus Points for New Sign-Ups
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If you’re not familiar with Rakuten (formerly Ebates), it is one of the many cash back portals you can use to save money on your online purchases. Normally, you earn a percentage of what you spend in cash rewards. But now Rakuten has added the option of converting your cash rewards into AMEX Membership Rewards points. The conversation ratio is 1 cent to 1 AMEX point, so $1 is worth 100 points.
Right now the feature is only available to new members who sign-up through a special link. But they are offering a 1,500 AMEX point bonus to new members and it would only make sense for them to roll this feature out to existing users soon.
To be notified when that happens, sign-up for our newsletter and we’ll let you know.

New Way to Earn AMEX Membership Rewards Points
Right now the ability to link your AMEX Membership Rewards points account and your Rakuten account is limited to new members who enroll through this link.
Once you create an account through that link, you’ll need to make $25 in purchases within the first 90 days to earn the 1,500 AMEX Membership Rewards points bonus.
Being able to convert cash rewards to AMEX points at a rate of 1 cent per point is a good deal. It’s not hard to get much more value than that by transferring points to AMEX’s travel partners.
If you want to learn more about AMEX Membership Rewards points, check out these helpful guides:
- The 9 Best Ways To Use Your AMEX Points!
- The Big Travel Guide to AMEX Membership Rewards Points
- All the Ways to Earn AMEX Membership Rewards Points in 2019!
You can earn more AMEX Membership Rewards points with cards like these:
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Hat tip: Miles to Memories
The Platinum Card® from American Express
Earn 80,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
$200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
$240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, The New York Times, and other participating providers. Enrollment required.
$155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
$200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Card.
$200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
$300 Equinox Credit: Get up to $300 back each year on an Equinox+ subscription, or any Equinox club memberships when you pay with your Platinum Card. Enrollment required. Learn more.
$189 CLEAR® Credit: Breeze through security with CLEAR® Plus at 45+ airports nationwide and get up to $189 back per year on your membership (subject to auto-renewal) when you use your Card.
$695 annual fee.
Terms Apply.
Intro APR on purchases
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See Pay Over Time APR
Annual Fee
$695
Balance Transfer Fee
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