Traveling internationally is easier than ever, and knowing the best credit card in Japan is key. Japan has moved towards cashless payments over the last five years. Credit and debit cards like Visa and Mastercard are widely accepted, but cash is needed for some things like local transport and small shops.
This guide will help you understand Japan’s payment scene. We’ll look at the top travel credit cards in Japan. This way, you can enjoy the ease of cashless payments and be ready for times when cash is needed. Being smart with money lets you enjoy Japan’s beauty without worry.
Understanding the Cashless Shift in Japan
Japan is slowly moving towards a cashless society. By 2022, only 36% of payments were made without cash. This shows how much people trust physical money.
But, digital payments are becoming more popular, mainly among the young. A study found that 39% of people in their 50s now prefer cashless payments. This change in behavior is significant.
In big cities like Tokyo and Osaka, using credit cards is becoming more common. Transactions with credit cards rose by nearly 13% from 2022 to 2023. Mobile payment options like PayPay and Rakuten Pay are also gaining traction, though they need a Japanese phone number.
Contactless payments are not yet widespread. Stores often show a contactless symbol to indicate they accept it.
Even so, cash is used in more than 60% of all transactions. Travelers should carry cash, as it’s the main payment method in rural areas. It’s wise to have around 10,000 to 15,000 yen ($70 to $100 USD) for daily needs.
Using credit cards can offer benefits like loyalty points and travel perks. The shift to digital payments is growing, with 75.6 million people using QR code payments. This number has increased by almost 15 million in a year.
Platforms like LINE Pay and Rakuten Pay are expecting their user bases to grow by 8% and 6% respectively. This shows the increasing popularity of cashless options. For more information, check out this guide.
Guide to best credit card to use in japan
Choosing the right credit card for travel in Japan can make your trip better. The best travel credit cards Japan offer no foreign transaction fees. This can save you money. Many people look for cards that give lots of points and rewards for travel expenses.
In cities like Tokyo, Yokohama, and Osaka, many places accept credit cards. But, cash is the main way to pay in Japan. It’s smart to have some Japanese yen (JPY) because big shops and taxis prefer cash. Also, many ATMs won’t take international cards, but UK cards work at post offices and 7-Eleven.
Also, ATMs in Japan have limited hours. Most close by 7 pm on weekdays and 5 pm on weekends. Getting a card with no foreign transaction fees can save you a lot. For example, Capital One doesn’t charge these fees, so you keep more money for fun.
Think about credit card security too. Most cards in Japan use chip and pin technology, which is safe. Tell your bank you’re traveling to avoid any issues with your cards. It’s also wise to pick ATMs in safe, busy places.
To sum up, a great credit card for travel should have:
- No foreign transaction fees
- Rewards programs with points and rewards Japan
- Travel insurance benefits
- Wide acceptance at major establishments
Using the right credit cards makes traveling easier and lets you earn points and rewards Japan. Do your research before your trip. This way, you can pick a card that fits your spending and travel plans, making your Japan adventure even better.
Top Recommended Credit Cards for Travelers in Japan
Traveling in Japan needs a reliable payment method. Here are top credit cards in Japan for foreign visitors. They offer rewards and convenience.
- Revolut Standard Card – Great for cash access, it lets you withdraw money without high fees. It’s a favorite among travelers.
- Wise Multi-Currency Card – Best for saving money, it lets you hold and convert currencies at low rates.
- Chase Sapphire Preferred® – Offers travel points for expenses. It’s a top choice for travel rewards in Japan.
- Capital One Venture Rewards – Focuses on flexible mileage. It makes it easy to redeem points.
- American Express® Gold Card – Has airline partnerships. It offers a strong rewards structure for travel.
These cards have features great for Japan travel. They help avoid high fees and maximize rewards. Think about these benefits when planning your trip.
| Credit Card | Annual Fee | Foreign Transaction Fee | Reward Points |
|---|---|---|---|
| Revolut Standard Card | None | None | None |
| Wise Multi-Currency Card | None | None | None |
| Chase Sapphire Preferred® | $550 (Effective $150 after credits) | None | 2x on Travel, 2x on Dining |
| Capital One Venture Rewards | $95 | None | 2x on Every Purchase |
| American Express® Gold Card | $250 | 2.7% | 3x at U.S. Supermarkets, 2x at U.S. Gas Stations |
Choosing from these top credit cards in Japan can make your travel better. Look at each card’s features to find the best one for you.
How to Apply for a Credit Card in Japan
Getting a credit card in Japan can be tricky, even for foreigners. You need a valid passport, a residence card, proof of income, and health insurance details. Banks usually want you to have lived in Japan for at least six months and show a steady income, about 250,000 yen monthly.
Foreigners might find it hard because of strict income rules and language issues. To improve your chances, try to build a good banking history. Banks like applicants with a solid account record and good credit. Also, starting with store-specific cards can help you build credit while getting used to Japan’s financial scene.
Credit cards in Japan have specific billing cycles, usually from the 16th of the month, and you must pay the full balance. Many cards offer cashback rewards and keep your financial info private. Cards like the Rakuten Card or EPOS Card are great for foreigners. For more tips on applying for a credit card in Japan, see this comprehensive guide. Knowing the application process well can help you feel more confident in Japan’s financial world.
