Kraken: Get $100/10,000 From Rakuten

Update 11/15/25: Rakuten now $150 again

Update 11/6/25: Rakuten is up to $125/12,500 now.Not sure if people are still seeing $220 from Capital One anymore.

Update 10/28/25: Rakuten is back down to $100/10,000 now.

Update 10/25/25: Rakuten is up to $150/15,000.Some might prefer that to $220 from Capital One Shopping.

The Offer

Note: Kraken is a crypto app and is not FDIC/SPIC insured.Do what you’re comfortable with.

Separately, there is a referral bonus of up to $75 for referrer and $75 for the new member when the new members signs up and trades crypto, like Bitcoin (stablecoin does not work for the referral bonus).

You can signup on the web or in the mobile app, but do the crypto trading in the Kraken app.Don’t forget to input the code during the signup process.Bonus details:

Trade $100 and get $15

Trade $300 and get $20 ($35 total)

Trade $500 and get $40 ($75 total)

Reports indicate that you can do one $500 trade and get all $75 ($15+$20+$40).No need to do three separate trades.

Some people are seeing a referral link with an additional tier – on top of the above mentioned tiers – of $75 when trading $5,000 ($150 total).

Many referral links don’t show this additional component.A lot people won’t want the risk of trading an extra $4,500 in crypto for the $75 bonus, and so for most people there probably isn’t a difference which link you use.

If you signup and add any referral code and then trade $500 in crypto within 30 days you should get the $75 BTC referral bonus, regardless of which referral link you use.Opt in to Kraken+ free trial for 30 days to save a few dollars on the trade fees (1%).

If you want to trade $5k in crypto for the extra $75 referral bonus, you’ll have to find a referral bonus from a friend since we don’t share amounts in the DoC referral thread in order to keep everything uniform.And so you won’t know if the code you use has the extra $75 option.

A reader suggested that it might be possible to deposit a lower amount and keep cycling a crypto purchase to meet the $5k requirement.E.g.deposit $1k and buy $1k in Bitcoin, then sell it, then buy again $1k in Bitcoin and then sell it, then buy again $1k Bitcoin and then sell it, etc.I’m not sure if this will work since it might need to be a single $5k trade; if anyone gets this to work let us know.

Opt-in for the Kraken+ trial to save the 1% fees on trading crypto.

The Fine Print

You need to trade actual crypto to be eligible for the referral bonus whereas for the portal bonus you can trade stablecoin, far as I can tell.

Both the referral and the portal bonuses require the trade be done in the first 30 days.

The Kraken Referral Program is available only in the United States (excluding Maine, Washington and New York), Canada, Netherlands, France, Spain, Poland, Italy, Belgium, and Ireland.

(Editor’s note: A reader points out that presumably the shopping portal component should work even in the excluded states; just the referral bonus won’t work.)

Our Verdict

We reported on a similar deal for $85 from Topcashback a few months ago.A lot of people value Rakuten points highly and so the deal is now more interesting at $100 or 10,000 Rakuten points.

Myself and others were able to get the portal to stack with a referral code by clicking through the portal and then entering a referral code.

If you click through Rakuten, apply a referral code during signup, and then trade $500 in crypto within 30 days, you should end up with 10,000 points from Rakuten and with the $75 referral bonus from Kraken.

I bought Bitcoin and sold it a couple of minutes later.I lost $6 in the process, presumably due to market fluctuation.

You can also ‘Spin to win’ once per day for the first 30 days, and you should end up with another $20-$30 from that.

You can find referral codes and links in this dedicated thread.Comments are closed now for new comments.

Do not under any circumstance put your referral in the comments below.

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by mycardopinions.
Publisher: Source link

Your email address will not be published. Required fields are marked*

Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.