Apply for the Rakuten credit card to access cashback rewards and exclusive benefits. This guide explains the application process, making it simple to follow.
Learn how to earn and redeem points while avoiding unnecessary fees. Get the details to decide if this card fits your financial goals.
About Rakuten and Its Credit Card
Rakuten is a well-known company offering shopping and financial services. It operates a global rewards program that gives users benefits on purchases.
The company’s credit card provides cashback and points, making it useful for frequent shoppers. Many people use it for everyday spending and online transactions.
The card has no annual fee and includes security features for safe payments. This guide covers how to apply and what to expect.
How to Apply for the Rakuten Credit Card?
The application process is simple and can be done online or in person. Below are the steps, requirements, and useful tips to help you apply successfully.
Step-By-Step Application Process
Applying requires a few steps, and completing them correctly ensures approval without delays. Follow these instructions:
- Visit the official website or a designated Rakuten service center.
- Select the credit card option and click “Apply.”
- Fill out the application form with personal details, contact information, and employment status.
- Submit necessary documents such as proof of ID and income.
- Review and confirm the application before submitting it.
- Wait for approval, which may take a few days.
- Receive the card upon approval and follow activation instructions.
Eligibility and Required Documents
To get approved, applicants must meet certain requirements and provide the necessary documents:
- Must be of legal age based on country regulations.
- Stable income from employment or business.
- Valid government-issued ID (passport, driver’s license, or national ID).
- Proof of address, such as a utility bill or bank statement.
- A credit history check may be required for some applicants.
Tips for a Successful Application
A few precautions can increase approval chances and avoid delays:
- Ensure all information is accurate before submitting the form.
- Use a stable income source to meet financial requirements.
- Maintain a good credit score to improve approval chances.
- Check for errors in documents like mismatched addresses or expired IDs.
- Follow up on the application if there are delays.
Features of the Rakuten Credit Card
This card includes several features that provide rewards and savings. Users can earn bonus points and benefit from flexible spending. It comes with security protections and a straightforward application process. Below are key features.
No Annual Fee
This card has no annual fee, making it a cost-effective option. Users can enjoy 5,000 bonus points upon new registration and usage.
The points can be used for shopping, travel, or other services. There are no hidden yearly charges, helping users save more.
Low Introductory APR for the First Few Months
New users benefit from a low-interest rate for the first few months. This helps with large purchases and balance management.
After the promotional period, the standard APR applies. Paying the balance early can help avoid extra costs.
Security Features of the Card
The card includes fraud protection to monitor and prevent unauthorized transactions. A chip and contactless payment feature allows secure purchases.
Real-time alerts notify users of suspicious activity. These protections help ensure safer transactions.
Benefits of the Rakuten Credit Card
Users can earn bonus points through various spending activities. Higher points are awarded for specific purchases and promotions. Below are the main benefits.
Cashback On All Purchases
Cardholders receive 5,000 bonus points after new registration and first-time use. Premium cardholders also get 5,000 points along with additional services.
The points can be used for travel, shopping, or bill payments. Gold card users also receive the same point reward upon approval and usage. These points provide more savings on everyday expenses.
Bonus Points for Shopping Through Rakuten’s Online Portal
Using the Rakuten shopping portal increases point rewards. Students applying for the Academy card also receive 5,000 bonus points upon approval.
Referral bonuses offer up to 7,000 points, shared between the referrer and the new applicant.
Extra promotions provide additional rewards for select users. Points accumulate quickly when shopping through partnered retailers.
Automatic Enrollment in Additional Savings Programs
Applying for the card alongside Rakuten Mobile gives an extra 5,000+ bonus points. The number of points may increase based on specific mobile plans.
Limited-time themed card designs, like Dragon Ball DAIMA, also come with exclusive prize opportunities.
Users can maximize benefits by checking seasonal offers. This ensures continuous savings and rewards without extra effort.
Earning and Using Points
This card allows users to earn points on purchases and redeem them for rewards. There are multiple ways to increase and use these points effectively.
How to Earn Points on Everyday Purchases and Through Special Promotions?
Users earn 1 point for every 100 yen spent at partner stores. Charging funds to Rakuten Pay gives up to 1.5% cashback in points.
Some items may not qualify, so checking the conditions is recommended. Special promotions offer bonus points for select purchases.
Various Options for Redeeming Points
Points can be redeemed for cash back, gift cards, or travel discounts. Certain online and offline stores allow direct point usage at checkout. Some services provide exclusive deals for points redemption. Points may also be converted into mobile payments or discounts on bills.
Examples of Point Conversion Rates and How to Maximize Redemption Value
Every 100 yen spent earns 1 point, which can be accumulated over time. Some purchases offer higher point rates, increasing value. U
sing points for cash back often provide the best return. Checking limited-time offers helps maximize the rewards.
Interest Rates and Fees
This card has a fixed interest rate and additional charges for late payments. Users should review these costs to avoid unnecessary fees.
Detailed List of Current Interest Rates
A standard APR applies after the introductory period. Certain purchases or cash advances may have higher interest rates.
Users should check the current rate before making large purchases. Paying the balance early helps avoid high interest.
Rates may vary based on account status and promotions. Some cards may offer low rates for specific categories.
Explanation of Other Potential Fees
This card has no annual fee, making it cost-effective. Foreign transactions may include extra charges depending on the region.
Late payments result in penalties and increased interest. Checking the billing cycle prevents unnecessary fines.
Some services may have hidden fees, so reviewing terms is necessary. Using the card responsibly helps avoid additional costs.
Customer Support
Users can contact support for billing, transactions, or security issues. Various channels are available for faster assistance.
Rakuten Bank’s customer service can be reached at 0570-66-6910. For in-person support, visit the headquarters at Rakuten Crimson House, 1-14-1 Tamagawa, Setagaya-Ku, Tokyo.
Customer support helps with account issues and security concerns. Checking online resources may provide faster solutions for common problems.
Final Verdict: Is the Rakuten Credit Card Worth It?
The Rakuten credit card offers points and cashback for everyday spending. It has no annual fee, making it a budget-friendly choice.
Users benefit from flexible rewards and simple redemption options. Checking the latest terms ensures the best use of this card.
Disclaimer: Terms, conditions, and fees may change without notice. Users should review the latest policies before applying.
