The Rakuten Credit Card is smart if you shop online often and want to earn cashback easily.
Applying is simple, and using the card through Rakuten’s portal gives you access to higher rewards and exclusive offers.
Always shop through Rakuten and take advantage of bonus events and referrals to get the most out of it.
What Is the Rakuten Credit Card?
The Rakuten Credit Card is a rewards credit card that allows you to earn cashback or Rakuten Points when you shop on the Rakuten platform.
It’s designed for frequent online shoppers who want to maximize savings on everyday purchases.
Main Features
Here are the main features of the Rakuten Credit Card with short, clear descriptions for each:
- Cashback or Points – Depending on your region, you can earn rewards on purchases through Rakuten as cashback or Rakuten Points.
- Bonus Offers – Get extra rewards at partner stores and during limited-time promotions.
- No Annual Fee – Most card versions don’t charge a yearly fee, making it cost-effective.
- Referral Bonuses – Earn extra rewards when friends sign up using your referral link.
- In-Store Cashback – Link your card to Rakuten for rewards at physical stores (where available).
- Easy Redemption – Redeem your rewards via PayPal, check, or store credits.
- Exclusive Deals – Access special discounts that are available only to Rakuten cardholders.
- Fraud Protection – Stay protected with built-in security features for unauthorized charges.
Interest Rates and Fees
Understanding the interest rates and fees associated with the card is essential for managing your finances effectively.
Below is a breakdown of the key charges you should be aware of:
- APR for Purchases: Variable rate; Prime Rate + 21.74%.
- Cash Advance APR: Fixed at 18%; interest starts from the transaction date.
- Balance Transfer APR: Not available; Rakuten Card typically doesn’t support balance transfers.
- Foreign Transaction Fees: Based on exchange rate + small commission.
- Installment Payment Fees: Approx. 12% annual rate for split payments.
- Late Payment Fees: Varies; refer to cardholder agreement.
- Returned Payment Fee: May apply if the bank rejects your payment.
- Annual Fee: $0 – most Rakuten cards have no annual fee.
- Minimum Payment Due: A small percentage of your balance; varies by account.
- Grace Period: Around 25 days; pay in full to avoid interest.
- Over-limit Fees: These are usually not charged, but exceeding limits can impact approval for future purchases.
Key Differences Between Rakuten Card and Rakuten.com Account
While the Rakuten Credit Card and a Rakuten.com account help you earn rewards, they serve different purposes. Here’s a quick breakdown of their key differences:
Function
- Rakuten Card: A physical credit card used to purchase and earn rewards.
- Rakuten.com Account: An online shopping portal where you activate cashback deals.
Usage
- Rakuten Card: Can be used anywhere credit cards are accepted.
- Rakuten.com Account: Used online to track purchases made through affiliate links.
Rewards
- Rakuten Card: Earns extra rewards when used through Rakuten.com or partner stores.
- Rakuten.com Account: Earns cashback by clicking through links, even without the card.
Ownership
- Rakuten Card: Requires a credit application and approval.
- Rakuten.com Account: Free to sign up and use without a credit check.
Best Use
- Rakuten Card: Maximizes cashback when paired with Rakuten.com shopping.
- Rakuten.com Account: Useful on its own, but works even better when combined with the card.
Who Should Consider the Rakuten Credit Card?
The card isn’t for everyone, but it is an excellent fit for specific shoppers. Here’s who should consider applying:
- Frequent Online Shoppers – You’ll earn consistent cashback if you regularly buy from Rakuten.com or partner stores.
- Rakuten Users – already using the Rakuten portal? The card helps you boost your rewards even more.
- Budget-Conscious Consumers – There’s no annual fee, making it a low-cost way to earn cashback.
- People Who Refer Others – You can earn referral bonuses by inviting friends to join Rakuten.
- Cardholders Who Shop During Promotions—The most benefit will be given to those who take advantage of double or triple cashback events.
- Shoppers Who Prefer Simplicity – The straightforward reward system has no rotating categories or complicated rules.
How to Apply for the Rakuten Credit Card
Applying for the Rakuten Credit Card is a straightforward process that can be completed online.
Here’s a step-by-step guide to help you through the application:
- Visit the Rakuten Card Website: Navigate to the official Rakuten Card application page.
- Log In or Create a Rakuten Account: Sign in with your Rakuten ID or register for a new account if you don’t have one.
- Choose Your Card Type and Design: Please select your preferred card brand (Visa, Mastercard, etc.) and card design.
- Fill in Personal Information: Enter your name, date of birth, contact details, and other required personal info.
- Provide Address Details: Input your current residential address for card delivery.
- Enter Employment and Income Information: Add your job title, employer details, and annual income.
- Select Payment Method: Choose how to pay your monthly balance (e.g., auto-debit from your bank).
- Review and Submit Application: Double-check all information, then submit the form.
- Wait for Approval: You’ll receive a decision by email or mail, usually within a few business days.
- Receive and Activate Your Card: Once approved, activate your card following the instructions sent with it.
How to Maximize Cashback
To get the most out of your Rakuten Credit Card, it’s essential to use it strategically. Here are five simple ways to maximize your cashback:
- Always Shop Through Rakuten.com: Start online purchases from the Rakuten website or app to activate cashback offers.
- Use the Browser Extension: Install Rakuten’s browser add-on to get alerts when cashback is available as you browse.
- Take Advantage of Bonus Events: Watch for double or triple cashback promotions and shop during those periods.
- Refer Friends: Share your referral link to earn bonus rewards when others sign up and make a purchase.
- Link for In-Store Offers: If available, link your card to in-store deals through Rakuten to earn cashback on physical purchases.
Contact Details
If you need assistance with your Rakuten Credit Card, here are the key contact details:
- Customer Service Phone: Call 0570-66-6910 (Japan). From overseas, dial +81-92-474-6287.
- Lost or Stolen Cards: Call 092-474-9256 or +81-92-474-9256 (24/7).
- Customer Service Hours: 9:30 a.m. to 5:30 p.m., including weekends and holidays.
- Email: Contact [email protected] for written inquiries.
- Mailing Address: Rakuten Card Co., Ltd., Rakuten Crimson House, 1-14-1 Tamagawa, Setagaya-ku, Tokyo 158-0094, Japan.
The Bottomline
The Rakuten Credit Card is a strong choice for anyone who shops online and wants to earn easy cashback.
With no annual fee and bonus rewards through Rakuten, it’s a practical way to save on everyday spending.
Apply today and start maximizing your cashback on every purchase.
Disclaimer
Information in this article is for general guidance only and may vary based on your location or the card issuer’s latest terms.
Always check the official Rakuten Card website or contact customer service for the most up-to-date details.