Foreigners often prefer Rakuten Card due to its lenient screening and quick approval and delivery times.
The absence of physical branches has its pros and cons – you can’t visit a branch for inquiries since they don’t exist.
If you’re interested in this card, check out the guide below.
What is the Rakuten Credit Card
The Rakuten Credit Card is offered by Rakuten, a major Japanese company known for its diverse services, including internet and mobile data solutions and credit card offerings.
Famous for its food delivery service and the Rakuten Ichiba online shopping platform, the Rakuten Credit Card stands out as a popular choice in Japan.
Application is Straightforward
This card attracts many users, both Japanese and foreigners residing in Japan, thanks to its straightforward application process, absence of annual fees for certain card types, and rewarding loyalty points program.
This article provides an overview of the Rakuten Credit Card, its advantages, and how to apply.
Here’s what you should know for a seamless experience with your Rakuten Credit Card:
- Ensure you have sufficient funds in your bank account for emergencies.
- Consider taking out loans with manageable monthly payments.
- Be aware that on the 27th of each month, any cash credited from the previous month will be deducted from your bank account. If a payment is missed, interest will be charged on the overdue amount.
Types of cards
Rakuten provides three primary credit cards. Here’s a quick rundown:
- 楽天カード – Basic Card: This is the standard card, and it’s free. You have a choice between MasterCard, JCB, or Visa. Keep in mind that the Visa version doesn’t come with special designs like adorable pandas. This card lets you earn Rakuten points on purchases—1 point for every 100 yen spent.
- 楽天ピンクカード – Pink Card: This card has all the features of the basic card but is tailored for women, offering pink color and special discounts on select services.
- 楽天ゴールドカード・プレミアムカード – Gold/Premium Card: These cards have an annual fee of 2,160 yen and 10,800 yen, respectively. Benefits include free airport lounge access and a higher credit limit.
Steps to register the Rakuten Credit Card online:
Here’s a streamlined guide on how to register for the Rakuten Credit Card online:
- Go to the Rakuten Card website at https://www.rakuten-card.co.jp/campaign/rakuten_card/. If you’re already a Rakuten member, click on “楽天会員の方”. If not, click on “楽天会員でない方”.
- As a non-member, pick the card type you want—VISA or Mastercard are recommended for global use. Then, select your card design.
- Fill in your details: name, gender, and birth date. Use katakana for your name fields and romaji for the version printed on your card.
- Provide a valid Japanese phone number and an email address, either your carrier’s or personal.
- Opt-in or out of receiving updates from Rakuten by choosing “受け取る” or “受け取らない,” respectively. Add your postal code and current address in Japan.
- Describe your household situation by selecting the option that best describes your living arrangements and state the number of people in your household.
- Enter your residence status and duration of stay at your current location. Indicate whether you have loans by choosing “支払いあり” for yes or “支払いなし” for no, and select your employment status.
- You can choose to have billing statements sent to your home and specify the card’s primary use—shopping or cash withdrawals. You can also decide if you have loans from other companies and specify your preference if you’re adding the Edy feature.
- Edy feature: If selected, set up an automatic recharge amount for the Edy feature on your card, enabling convenient payments at Edy-supported merchants.
- Link your bank account to the Rakuten Credit Card. Choose your bank, input your account information, and double-check for accuracy to avoid errors.
- For bank registration by mail, wait for the Rakuten Credit Card and the registration form to arrive via post. Ensure you return the completed form to finalize your application.
- Review and agree to the terms and conditions.
Submit the online application and expect a verification call from Rakuten within a few business days to confirm your details.
Also Read: Sumitomo Mitsui Classic Credit Card: How to Order
If you registered your bank details online, your card should arrive about a week after the call.
Remember, your card is activated once you return the bank confirmation form. Monthly charges will be deducted automatically from your linked account.
What are the Advantages of Rakuten Credit Card
Get the Rakuten Credit Card and tap into several benefits:
- Earn cash back on qualifying purchases.
- Enjoy exclusive discounts and promotions.
- Benefit from additional features like extended warranties and purchase protection.
- Choose from flexible options to redeem your rewards.
- Pay no annual fee, saving you money.
- Take advantage of special offers for new cardholders.
- Earn extra bonus rewards through Rakuten’s extensive partner network.
What Do You Need to Apply: Eligibility
To apply for a Rakuten Credit Card, you need to check if you meet these criteria:
- You are 18 years old or older.
- You hold a valid Social Security Number.
- Your income meets Rakuten’s specified minimum.
- Your credit score ranges from good to excellent.
- You live in the United States.
Interest Rates
Before applying for a Rakuten Credit Card, it’s vital to know the interest rates that come with it. Here’s what you need to know:
- Purchase APR: This rate, usually between 15% and 25%, is charged on purchases you make with the card.
- Balance Transfer APR: This rate, generally between 15% and 25%, is charged on the balance you transfer from other credit cards.
- Cash Advance APR: This rate, often between 25% and 30%, is charged on the money you withdraw as a cash advance using your credit card.
Charges
Knowing the costs linked to a Rakuten Credit Card helps in its effective use. Here’s the essential info:
- Annual Fee: The card is charged yearly.
- Late Payment Fee: Incurred for missing the minimum payment deadline.
- Foreign Transaction Fee: For purchases in foreign currencies or from international vendors.
- Balance Transfer Fee: When moving balances from other cards to this one.
- Cash Advance Fee: For cash withdrawals at ATMs or using cash services.
- Overlimit Fee: Applied if your spending surpasses your credit limit.
- Returned Payment Fee: For failed payments due to insufficient funds or similar issues.
Tips for a Smooth Application
To ensure you nail your application for a Rakuten Credit Card, focus on these steps:
- Check Your Credit Score: Assess your credit to gauge your approval odds.
- Fill Out the Application Correctly: Avoid errors to prevent delays or denials.
- Understand the Terms: Know the card’s policies and fees.
- Keep Income Info Updated: Reflect your financial status accurately.
- Hand in Documents Quickly: Speed up the process by promptly providing needed paperwork.
- Track Your Application: Follow up on your application status as needed.
- Reach Out For Help: Ask customer service for help with the application.
Understanding the Terms and Conditions
Before you apply, it’s vital to understand the terms associated with the Rakuten Credit Card:
- Fees: Know about all related fees.
- Grace Period: When you can pay without interest.
- Penalty APR: The rate applied for missed payments.
- Rewards Program: How you earn and use rewards.
- Credit Limit: How your limit is set and adjusted.
- Additional Terms: Other important rules.
Post-Approval Actions
Once approved, take these steps to get the most from your Rakuten Credit Card:
- Activate Your Card: Follow activation instructions.
- Learn About Your Card: Know its benefits and rewards.
- Set Up Online Banking: Manage your account online.
- Use Your Card Smartly: Earn rewards responsibly.
- Set Payment Reminders: Keep up with payments.
- Watch Your Spending: Track your purchases and stay on budget.
- Look for Extra Perks: Use any additional card benefits.
Card Management Tips
To maximize your card’s benefits and keep your finances healthy, consider these practices:
- Use Your Card Responsibly: Always pay on time and keep credit use low.
- Earn More Rewards: Use your card for eligible expenses.
- Track Expenses: Keep an eye on your spending patterns.
- Set Payment Alerts: Never miss a due date.
- Monitor Your Account: Check for discrepancies or unauthorized charges.
- Stay Updated on Terms: Keep informed about your card’s features and benefits.
- Get Help When Needed: Contact customer support for any questions.
Contact Details
Need help with Rakuten Credit Card issues? Reach out to the support team via email or phone for direct assistance:
Email Support:
- Global: pubsupport@rakuten.com
- Brazil: brpubsupport@rakuten.com
Phone Support:
- United States Toll-free: +1-888-880-8430 or +1-646-943-8200 (select option 7)
- United Kingdom: +44 (0) 800 011 6169
Conclusion
Follow these straightforward steps to apply for a Rakuten Credit Card and start reaping its benefits.
This guide ensures you smoothly complete the application process so you can begin enjoying cashback rewards, discounts, and exclusive perks soon.
Apply today to maximize your savings.
