Update: it appears that Capital One has, at least temporarily, suspended their referral campaign. Check back here and we will update this article if this changes. Capital One Shopping, a popular shopping portal site, is offering a generous (and easy) promotion for new referred users that: $40 in rewards for $10+ in spend! The typical Capital One Shopping welcome bonus offer is usually $30 on $10 spend – which is also a great deal. A similar Rakuten portal referral bonus promo typically results in a $30 bonus on $30 in purchases for comparison (and I’d also recommend taking advantage of that). FYI – these offers do change frequently. Read on for more info on how to get this limited time bonus and redeem your rewards.
How to Get the Capital One Shopping Referral Welcome Bonus
The Capital One Shopping referral welcome bonus is available to new users who:
- Sign up and install the Capital One Shopping desktop computer or mobile browser extension by clicking an eligible referral link (here’s my referral link)
- Make Qualifying Purchase(s) totaling at least $10 within 30 days of signing up. You can search on the Capital One Shopping site for partner stores (it’s most major stores).
- A Qualifying Purchase means a purchase via Capital One Shopping that earns Capital One Shopping Rewards.
- The bonus will be automatically applied to your account within 30 days after satisfying these requirements.
- The bonus will be awarded as Capital One Shopping Rewards.
In short: 1. get referred, 2. install the extension, 3. make $10+ in qualifying purchases within 30 days, 4. wait for your reward.
I don’t have any advertising or sponsorship relationship with Capital One Shopping. I signed up as a customer to take advantage of this offer and refer my readers. I’d encourage you to do the same. If you were to be eligible, you could even refer your significant other and make $80 ($40 + $40) on $10 in purchases!
Note: It appears that this elevated offer is targeted to many but not all referrers. I saw it in my account, but the amount other referrers may be able to give through their referral links may vary.
Here’s the longer offer terms for those interested:
For either you or your referrer to qualify for a referral sign up bonus, you cannot have or have had a Capital One Shopping account, and you must sign up and install the Capital One Shopping desktop computer or mobile browser extension by clicking an eligible referral link and make Qualifying Purchase(s) totaling at least $10 within 30 days of signing up. A Qualifying Purchase means a purchase via Capital One Shopping that earns Capital One Shopping Rewards. By participating in the referral program, you will be telling your friend that you’re a Capital One Shopping customer. The bonus will be automatically applied to your account within 30 days after satisfying these requirements, but issuance may be delayed during the determination of whether a Qualifying Purchase has been made by a refer-ee who did not previously have a Capital One Shopping account. If you uninstall the extension, or your referrer has already met their referral maximum for the referral period, you may not be eligible for this offer. The bonus will be awarded as Capital One Shopping Rewards, and is subject to the Capital One Shopping Terms of Service. We reserve the right to alter, change, or terminate this offer at any time without notice. Additional terms apply; please see the Capital One Shopping Terms of Service for more details.
Do I Need to Use a Capital One Credit Card to Earn Capital One Shopping Rewards?
Naturally one may question whether they need to use a Capital One credit card on their purchases in order to earn Capital One Shopping Rewards. You do not. There is not a requirement to be a Capital One credit card customer either.
How to Redeem Capital One Shopping Rewards for Gift Cards
Capital One Shopping Rewards can be redeemed for gift cards to a number of different partner stores. Here’s how:
- Go to the My Rewards & Savings section of the Capital One Shopping portal site.
- Click “Redeem Now”.
- Choose which gift cards you would like to redeem your rewards for.