Maud Bailly is entering her third year as the CEO of the high-end collection of Accor brands like Sofitel, Sofitel Legend, MGallery and Emblems.
06.01.2025 - 14:31 / thepointsguy.com / Amex Platinum
It isn't often that opportunities to earn a large number of points in one transaction arise. That's why I was ecstatic when I looked at Rakuten's Cash Back Unwrap calendar for 2024 and saw it aligned with a TV purchase I had planned. On Nov. 20, 2024, Rakuten offered a bonus of 20% cash back (or 20 American Express Membership Rewards points per dollar spent) on LG purchases.
Here's how I made the most out of this opportunity and how you can find chances to earn thousands of bonus Membership Rewards points yourself.
Receiving 20% cash back on anything is nothing short of extraordinary, but since I was in the market for a new TV, I knew I was in a really good spot to get tons of rewards. The TV I was looking at was a 65-inch LG C3 that was marked down to $1,299.99 for Black Friday.
Since Rakuten's special LG deal only ran for one day, I had to be mindful of timing my purchase right. I charged my new TV to The Platinum Card® from American Express, a card I recently opened and am working to earn a welcome offer.
Through the Rakuten offer, I earned 26,000 Membership Rewards points. According to TPG's December 2024 valuations, Membership Rewards points are worth 2 cents per point. That means those 26,000 points are worth $520 when used with Amex's hotel and airline transfer partners.
If you want to take advantage of a Rakuten offer, ensure you begin your shopping trip at Rakuten's site and click through to your desired merchant. Alternatively, download the Rakuten Chrome extension and activate the applicable offer when prompted by the merchant.
By default, you'll receive rewards from Rakuten as cash back. If you're like me and prefer to earn Membership Rewards points, you must connect your Amex Membership Rewards account.
Keep in mind that Membership Rewards points will not be instantly available from Rakuten. In fact, it can take up to 100 days for your rewards to be confirmed. Also remember that Rakuten only pays points out every three months.
On top of the 26,000 points earned through the Rakuten offer, I also earned points from my Amex Platinum. My TV purchase didn't fall under any of the Amex Platinum's bonus categories, so I earned just 1 point per dollar. I can't complain about that in this instance, though.
Since the purchase totaled $1,299.99, I earned 1,300 points from my Amex Platinum. That brings my grand total of Membership Rewards points up to 27,300, worth $546 according to TPG's December 2024 valuations. That certainly eased the pain in my wallet.
It's worth noting that you don't need to use a Membership Rewards-earning card to receive bonus points from Rakuten. You can use any card you want, even a cash-back card. Regardless of what card you use, your Rakuten rewards can only be received as
Maud Bailly is entering her third year as the CEO of the high-end collection of Accor brands like Sofitel, Sofitel Legend, MGallery and Emblems.
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