I will be doing this once I finish with my Nisa at Rakuten, I will use SBI for my taxable.styxomaniac wrote: ↑Wed Feb 14, 2024 2:43 pmIf you're choosing SBI as your brokerage, the SMBC Platinum Preferred card is an excellent pairing. Here's why:
Platinum Benefits: Enjoy premium perks like a free English concierge, airport lounge access, and 7% cashback on convenience stores and select restaurants and a lot more
Offset Costs: While there's a 33,000 yen annual fee, investing the maximum 50,000 yen/month in your SBI Tsumitate-NISA earns you 30,000 yen in points (5% back). Use these points to cover your card fees or reinvest into your NISA. Some ETF will also give points so this combined will cover the annual fee of the card.
Sweeten the Deal: Get a 40,000 yen signup bonus when you spend 400,000 yen within the first three months.
Here is a referral link if you are interested, I get 10,000yen you get 12,000yen+ when you open a CC account and SBI account (conditions applies):
https://www.smbc-card.com/olentry/affil ... 402606911
Currently, I have the NL Gold. I cannot justify the platinum atm.
Post Nisa, I will probably mothball the Rakuten card, and only use the NL platinum preferred.