Rakuten $125 Bonus for One Cash Account
🔃 Update: Now down to $75 again.
Rakuten is offering a bonus of $125 or 12,500 Membership Rewards points when you open a new One Cash account. This is the best ever bonus we have seen for this account and is quite easy to earn. You just need to open an account as a new customer and deposit $200. Let’s see the full details.
Offer Details
You need to have a Rakuten account in order to take advantage of this offer. If you don’t have an account, you can sign up now to earn a $30 bonus. You can then click through this offer page and open your new One Cash account.
Cash Back is only available for new customers, one per customer, who open a One Cash account through a Rakuten link and complete an initial deposit of $200 or more. Cash Back is distributed by Rakuten and not One. The $125 cash back bonus will be automatically added to your Rakuten account tomorrow.
Earn 5% APY
5.00% annual percentage yield (APY) applies to the total Savings balance of customers who either (i) received $500 or more of eligible direct deposits in the previous month or (ii) have a total daily account balance of $5,000 or more.
Customers can also earn 5.00% APY on Pay Autosave and ONE@Work Save balances without these deposit or balance requirements.
In all instances 5.00% APY is limited to a total Savings balance of up to $250,000. All other Savings balances will earn 1.00% APY.
Guru’s Wrap-up
This is an easy bonus that requires just a $200 deposit to earn $125. This is the best offer we have seen from Rakuten, with the usual bonus being just $75.
