Credit Cards In Japan For Foreigners

Are you a foreigner living in Japan or planning to move there soon? Understanding the process of acquiring a credit card in Japan can be a daunting task, especially for non-Japanese speakers. But, worry not! Flik Eco - the authoritative, relatable, and engaging personal finance blog for millennials - has got you covered! In this article, we'll break down the complexities of applying for credit cards in Japan for foreigners and help make it simple and easy to comprehend.

Why Have a Credit Card in Japan?

While Japan remains predominantly a cash-based society, having a credit card can help you in several ways:

• Convenience for online shopping and bill payments
• Ability to build a Japanese credit history
• Access to specific services only available via credit card
• Points and rewards programs offered by various credit card companies
• Increased travel benefits, such as airline miles and hotel discounts
• International usage and acceptance of major credit cards

Eligibility Criteria for Foreigners

Before diving into the application process, ensure you meet the following criteria:

• Minimum age of 20 years
• Valid long-term residence status in Japan (e.g., working visa, spousal visa)
• Proof of residence and employment in Japan
• Bank account with a financial institution in Japan

Documents Required for Application

Preparing the necessary paperwork will facilitate a smooth application process. Gather the following documents:

• Residence Card (zairyu card) with details of your visa status and residence
• Copy of your passport
• Bank account passbook (tsucho) or bank statement
• Proof of employment or income (payslip, tax return, or employment contract)

Choosing a Credit Card

There are several credit card options available for foreigners in Japan. Some popular choices include:

• Amazon Mastercard
• ANA Mileage Club Visa
• Rakuten VISA Card
• Japan Airlines (JAL) VISA Credit Card
• Prestia Gold Visa Card from SMBC Trust Bank

Research each option and choose the one that suits your needs and spending habits.

Credit Card Application Process

The application process usually involves the following steps:

1. Visit the credit card provider's website and fill in the online application form
2. Upload or attach the required supporting documents
3. Submit the application and wait for approval (usually takes a few weeks)
4. Upon approval, receive the credit card by mail and register online to manage your account

Credit Cards In Japan For Foreigners Example:

Let's say you're an English teacher living in Tokyo and want to apply for a Rakuten VISA Card. You've determined that you meet the eligibility criteria and have all the required documents on hand.

Step 1: Online Application

Visit the Rakuten VISA Card website (available in English) and begin the application process, entering your personal information and employment details.

Step 2: Attach Documents

Scan and upload your Residence Card, passport, bank passbook, and proof of income.

Step 3: Submission and Approval

Submit your application and wait for the approval email within a few weeks. Remember, approval is not guaranteed, and some applications might be rejected.

Step 4: Receive and Register Your Card

Once approved, you'll receive your Rakuten VISA Card by mail. Register on Rakuten's website and start managing your account and tracking your rewards points.

And there you have it! With this straightforward guide to obtaining a credit card in Japan for foreigners, you should be well on your way to enjoying the convenience and benefits of having a Japanese credit card. Share this article with others who might find it valuable, and explore more informative guides on Flik Eco to gain a deeper understanding of personal finance. 加油 (Good luck)!