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This popular promotion is back again: Get 95% cash back on LifeLock and 90% cash back on Norton subscriptions via Rakuten (formerly known as Ebates). It's pretty appealing anytime you can get 95% cash back on a purchase. But this promotion gets even better because Rakuten members can choose to receive rewards as American Express Membership Rewards instead of cashback.
That means you can earn 95X Membership Rewards points through this promotion — which makes this a spectacular deal. Here are the details of this offer, which is even better for new Rakuten members.
What is Rakuten?
Rakuten — which some may know better as its former name, Ebates — is an online shopping portal that offers cash back on certain promotions when you click through its website before making purchases. If you're not familiar, we have an introduction to shopping portals here. They're a great way to earn extra cashback or points on things you're already buying anyway.
Your choice: Cashback or Membership Rewards points
What really makes Rakuten awesome is that you can choose whether you want to receive your earnings as cash back or as American Express Membership Rewards. If you use these points wisely, they can be worth much more than the 1¢ cashback you'd otherwise earn through Rakuten. For reference, AwardWallet users typically redeem their Amex points at 2.15¢ apiece.
Even if you want cash back, your Membership Rewards earnings can become even more valuable than one cent each. That's because those who hold the American Express Platinum Card® by Charles Schwab can cash out their Membership Rewards points at 1.1¢ per point. Eligible cardmembers can opt to earn Amex points, then transfer those Amex points to Schwab to convert into 1.1¢ in cashback.
Rakuten new member bonus
If you've never signed up for Rakuten before, you're in luck. Rakuten is offering a new member bonus for those who have never had an account before. Right now, the public bonus is $10 cashback — or 1,000 Membership Rewards points if you opt to earn points instead.
However, you'll get a much better $40 welcome bonus (or 4,000 points) if you sign up through a referral link. To earn your $40 cashback bonus, all you need to do is:
- Create a new Rakuten account via an existing member's referral (If you need a referral, here's a referral link).
- Spend at least $40 on Rakuten Shopping Trips within 90 days of opening your account.
Once completed, the $30 bonus will appear under the “Earnings Balance” section of your Rakuten account within a couple of days.
Rakuten Promotion for 95% Back on LifeLock
Today only, Rakuten members can take advantage of a popular promotion that's back again: Get 95% back on new LifeLock subscriptions when you first click through the Rakuten portal. Click here to take advantage of this deal.
Key terms:
- Offer can be stacked with new member offers from Rakuten.
- Earnings will be forfeited if your LifeLock membership is canceled within 60 days.
- Not applicable to free trials or automatic renewals of existing accounts.
- Portal earnings are not available when using promotional codes or coupons not found on Rakuten.
- At present, there is no end date listed on the promotion.
How much does LifeLock membership cost?
LifeLock is an identity and credit monitoring service. It scans for uses of your information by people who aren't you — such as identity theft and scams — as well as monitoring your credit. LifeLock offers at least four different paid plans — although it will only display three at a time:
If paid annually, the three plans from LifeLock cost:
- Standard: $89.99
- Advantage: $179.88
- Ultimate Plus: $239.88
- Ultimate Plus for 2 adults: $395.88
With 95% cash back from Rakuten, you earn:
- Standard: $85.49 cash back or 8,549 Membership Rewards points
- Advantage: $170.89 cash back or 17,089 Membership Rewards points
- Ultimate Plus: $227.89 cash back or 22,789 Membership Rewards points
- Ultimate Plus for 2 adults: $376.09 cash back or 37,609 Membership Rewards points
If you opt to earn cash back, your out-of-pocket cost for a yearly membership is just:
- Standard: $4.50
- Advantage: $8.99
- Ultimate Plus: $11.99
- Ultimate Plus for 2 adults: $19.79
However, the much more appealing option for points and miles collectors is the ability to buy Membership Rewards points for just 1.05 cents each — and getting identity and credit monitoring service to boot!
Rakuten Promotion for 90% Back on Norton
Another incredible option available through Rakuten is 90% cashback on Norton Security and Antivirus subscriptions. Click here to take advantage of this deal.
Key terms:
- Offer only applies to new Norton memberships.
- Does not apply to free trials, Norton Download Insurance, Small and midsize Business product renewals, Trialware, Norton Premier Edition, auto-renewals, or re-orders.
- Can be stacked with new member offers.
- Portal earnings are not available when using promotional codes or coupons not found on Rakuten.
- At present, there is no end date listed on the promotion.
How much does a Norton membership cost?
Norton offers a slew of different types of anti-virus, VPN, and other security solutions. You can review the list of “Product Deals” available on the Rakuten webpage for Norton. If you click through the generic “shop now” link on Rakuten, you'll see four plans discounted by the ongoing “Cyber Week”:
If paid annually, these four Norton plans currently cost:
- Norton 360 Deluxe: $29.99
- 360 + LifeLock Select: $69.99
- 360 + LifeLock Advantage: $191.88
- and 360 + LifeLock Ultimate Plus: $299.88
With 90% cash back from Rakuten, you earn:
- Norton 360 Deluxe: $26.99 cash back or 2,699 Membership Rewards points
- 360 + LifeLock Select: $62.99 cash back or 6,299 Membership Rewards points
- 360 + LifeLock Advantage: $172.69 cash back or 17,269 Membership Rewards points
- and 360 + LifeLock Ultimate Plus: $269.89 cash back or 26,989 Membership Rewards points
If you opt to earn cash back, your out-of-pocket cost for a yearly membership is just:
- Norton 360 Deluxe: $3.00
- 360 + LifeLock Select: $7.00
- 360 + LifeLock Advantage: $19.19
- and 360 + LifeLock Ultimate Plus: $29.99
Our Take
This offer is about as good as it gets. Those interested in getting LifeLock or Norton protection are unlikely to find a better deal than signing up with a 95% or 90% rebate through Rakuten. Those interested in simply earning Membership Rewards points are effectively buying points for 1.05¢ each — and getting the service for free to boot!
Even better, new Rakuten members can sign up during this promotion and stack their earnings with the new member bonus.
Are you planning on signing up for LifeLock or Norton during this promotion?
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Rakuten terms now say that cancelling within 90 days will void the cash back.
The AwardWallet spam filters won’t let me post the details, but for even more points don’t just look to the Individual plans at LL, check the family plans.
I have used Norton for multiple decades, but my renewal cycle does not mesh with this offer. Is there a way that I can practically participate in this offer?
Herb – I’m not totally sure. You might be able to buy a license and just apply it to the end of your current license. I’m not sure of the details of Norton though, but I’ve done that with McAfee.
It’s only showing 60% not 90%. Any way to get the 90% ?
Ah yes. Looks like the 90X promo was very short-lived. It comes around every few months, so keep an eye on AwardWallet. We will bump this post to the top of the blog the next time we see the 90X offer.
Just wanted to give you a heads up that this deal is back at 90%!
Only seeing a 60% deal now
I’m still seeing 90%, and when I refresh the page it’s sometimes showing 90% back + 25% off LifeLock.