Earn 90x Amex Points on New LifeLock Subscriptions
Rakuten has brought back an interesting offer for a LifeLock subscription. If you sign up now you can get 90% cash back or earn 90x Membership Rewards points. If you stack the offer with a $20 discount from Chase, then it can be a small moneymaker, or a way to get cheap Membership Rewards points. Let’s see the details of this offer.
The Offer
Earn 90% cash back or 90x Membership Rewards points when purchasing a LifeLock subscription through Rakuten. You can see the offer here. Cash Back or bonus points will be automatically added to your Rakuten account right away.
There are some things you should keep in mind:
- Cash back is not available on free trials and automatic renewals.
- Cash Back is not available when using coupons/promotional codes not found on Rakuten.
- Cancelling a subscription within 60 days of sign up will void Cash Back.
How it Works Out
There are two ways that you can go about doing this deal. One is to go for the cheaper subscription and use a $20 cash back offer from Chase. The other is to go for the most expensive offer and earn as much cash back or points as possible.
The cheapest option is $99.99. That would earn you $90 cash back or 9,000 Membership Rewards through Rakuten. If you pay with an eligible Chase card, you will save $20 if you have the LifeLock Chase Offer that is available through 11/27/21. You would be buying points at a price of 0.89 cents each. You can redeem through Schwab for 1.1 cents or get even more value than that through travel partners.
For the second option you have the most expensive subscription of $491.88. You would earn $442.69 or 44,269 Membership Rewards points. If you use a card like Blue Business Plus, you also get 2X on evert dollar you spend for an additional 984 points and a total of 45,253 points. With this option you are buying points at 1.09 cents each.
Conclusion
This is a good option to buy Membership Rewards points for less than one cent each, or to make a small profit. We have seen similar offers for 100% cash back at times, so it could be worth waiting for that offer to come around.
It can get even better for new Rakuten members who also get a $40 signup bonus right now.
HT: Frequent Miler
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card is the old king of travel rewards cards. Right now
bonus_miles_full
Learn more about this card and its features!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
