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Alright awardtrail blazers, listen up! There's some potentially free money floating around, and you know we love that. Rakuten (the shopping portal where you can earn cash back or Amex points) is offering up to $100 (or 10,000 Rakuten points) when you sign up for the Kraken crypto app and make a trade. Topcashback is running a similar deal for $100. Even better, some folks are reporting they're seeing a whopping $220 offer through Capital One Shopping! The exact amount seems to vary, so you might need to click around a bit to see if you can find it.
Here's the deal: You need to sign up for Kraken (a cryptocurrency exchange, like Coinbase) and trade a certain amount of crypto within 30 days. There's also a referral bonus where you can earn extra by trading more, with a possible bonus of up to $75 for trading $5000. While trading crypto carries risk (it's not insured like your bank account), this could be an easy way to rack up some rewards if you're comfortable with it. Just remember to do your research and only trade what you can afford to lose.
Why does this matter? Free money (or points) is always good! If you're already considering dipping your toes into crypto, this is a great way to get started with a little bonus. Even if you're not a crypto enthusiast, the Rakuten points could be valuable for future travel. Just be sure to read the fine print, especially the excluded states for the referral bonus (Maine, Washington, and New York) and make sure to do all the trading in the first 30 days!
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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