Credit cards are often used in different types of transactions based on the kind of card you have. Some are meant for traveling while others allow you to lower your debt. What many people do not know is that there are also credit cards that can be used in everyday life.
The Rakuten credit card is one of the more popular credit cards that can be used in everyday life. Whether you’re using it for shopping for groceries, paying for your food at a local restaurant, or paying for your fuel, this credit card can do it all. This is the reason why it is very popular with the normal average person.
If you want to learn more about the Rakuten credit card and its abundant advantages, check out the article below.
An Introduction to the Rakuten Credit Card
The Rakuten credit card is a specific credit card that allows you to pay for your daily transactions. The credit card encourages you to use the card for any of your daily activities with its decent reward program.
You can earn cash-back points and get special discounts when you use the card at partner establishments or when the card provider offers a campaign. The card is also very convenient as you can access credit immediately and pay for any transaction.
Cardholders are also entitled to different features such as a high credit limit and even a cash advance feature. A cash advance allows you to borrow money from your credit card and withdraw it at any ATM.
What’s even better with the Rakuten credit card is that you don’t have to pay an annual fee and the interest rate is variable based on your creditworthiness. Take note that the interest rate is not available on the official website because of this.
Applying for the Rakuten Credit Card
Applying for the Rakuten credit card is very convenient. All you need to do is head over to the official Rakuten website and select the credit card section and choose the card. Click on Apply and it will open a new window for you to fill up an online application form.
Fill up the application form with all your personal details including your name, birth date, mailing address, email address, and more. Upload any documents that might be required during the application such as your proof of income or bank statements, proof of identity or your government-issued IDs, and proof of residency.
Review the terms and conditions before you submit your application and it should take around 1 to 2 weeks for you to receive your card after approval.
Tips for a Successful Application
When you apply for the Rakuten credit card, there are certain requirements that you need to fulfill and you also need to prepare your finances to show the provider that you are indeed worthy of the card.
This is shown by the documents that you submit as well as your current credit rating. Many people get denied this credit card simply because they are not prepared before applying.
Here are some tips to help you get that approval fast.
Understand What’s in Your Credit History
The very first thing that the credit card provider does is to look into your credit history and rating.
Everything can be seen within your report so be sure that you know everything that’s going on. You can report if you see any error on your credit history so it can be corrected.
This can be the main reason why you were not approved for the card in the first place.
Pay Your Bills on Time
One of the most important habits that you need to learn even before you apply for any credit card is to pay your bills on time.
Missing a single day can take a toll on your credit rating and it will reflect on your credit history. Any hints of you not having the discipline to pay on time will be a reason for them not to grant you the credit card.
Be responsible enough to pay your bills including your other credit cards, loans, mortgage, rent, and even utilities.
Exploring the Advantages of the Rakuten Credit Card
The Rakuten credit card is already packed with so many features but there is still a lot to gain in using the card.
It is also very easy to apply thus owning a credit card is quick and easily accessible.
In addition, here are some of the advantages that you gain when you have the Rakuten credit card
Easy to Understand Rewards Program
The Rakuten credit card offers a cash-back rewards program where you can earn points from every transaction that you make using the card. You can use the card for shopping or dining at your favorite restaurants and you earn points.
You can even use the card at Rakuten Marketplace and other affiliated stores to earn even more points. Use the card to pay for your utility bills such as electricity, gas, and water, and have a handful of points.
You can then use the points for discounts on partner establishments or use them online.
Most Convenient Card to Use While Traveling
Another great advantage of using the Rakuten credit card is that it is very convenient to use while traveling. You can use the card in almost any establishment all over the world and pay fewer charges than other credit cards in the market.
The card is widely accepted in many merchants worldwide so you don’t have to worry about not bringing cash with you on your travels.
Speaking of cash, you can also convert your credit limit to cash and withdraw from any ATM that accepts the card. This is highly beneficial if you need cash while traveling.
Offers Great Protection
Speaking of traveling, we all want to be safe when traveling but some instances cannot be prevented such as flight cancellations and other interruptions.
With the Rakuten credit card’s travel protection feature, your travel experience is a lot safer and better now that the card has got you covered. You don’t have to worry about any cancellations or any issues with your flight or travel anymore.
Additionally, the card has a very strict security feature that prevents anyone from using your card for any fraudulent transactions. You will be immediately notified if any transactions are done without your permission.
Use the Card as a Digital Wallet
Many people do not want to bring their cards with them to prevent them from getting lost or stolen. This is why the Rakuten credit card can be linked to your app and become a digital wallet as well.
This makes it very easy to use and convenient when paying for your transactions. Your smartphone can become your credit card once you have linked the card to your account on the app.
Simply use your phone to pay for the transaction – it’s quick, easy, and very secure. You don’t even need to add your signature or PIN to complete the transaction.
Conclusion
If you’re looking for a credit card that you can use in your everyday activities, look no further than the Rakuten credit card. It is considered one of the most popular credit cards in the world for a reason. Go ahead and apply for one today!
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.