RetireJapan

I am considering opening an SBI securities account for NISA tsumitate (starting 2024) with an SMBC GOLD NL.

However, it seems this is not allowed by this CC. The following is in Japanese, so I could be completely off.

下記ご利用はご利用金額の集計対象となりません。
年会費（クレジットカード、ETCカード、PiTaPaカード）、三井住友カードつみたて投資（SBI証券）、
キャッシングリボ、海外キャッシュサービス、その他ローンの返済金、リボ払い・分割払い手数料、
交通系およびその他一部の電子マネーへのチャージ、モバイルSuicaの定期券・特急券・グリーン券の購入、弊社発行プリペイドカードへのチャージ、スマートフォンアプリ「Vポイント」へのチャージ、
国民年金保険料、提携会社からの収納事務を委託された一部の保険料

https://www.smbc-card.com/nyukai/pop/go ... ention.jsp

I think I remember some people here use it (@TokyoBoglehead) so I might just be talking about a different CC or...

That page explains what counts towards the 1M yen spend you need to hit in the year to become eligible for no annual card fees. Any Tsumitate payments (which can be done from that card) are not included in the count.

Paulo wrote: ↑Wed Apr 12, 2023 2:23 am That page explains what counts towards the 1M yen spend you need to hit in the year to become eligible for no annual card fees. Any Tsumitate payments (which can be done from that card) are not included in the count.

Indeed you'll get 500 yen for a 5万 tsumitate with gold NL, but it won't count towards your 1 million goal. That would be too sweet a deal sadly.

The tsumitate plan does pay for the card though (plus 1000 yen). We wanted a gold card for travel, etc.

I needed to send an email to SBI initially to add the card due to dreaded name mismatch issues, but they were quick and helpful.

The platinum gives 5%, but I don't travel enough to justify it.

Thank you both.

TokyoBoglehead wrote: ↑Wed Apr 12, 2023 6:21 am The tsumitate plan does pay for the card though (plus 1000 yen).

What do you mean by this? In what way?

He probably meant that the points you get for being able to do tsumitate on SBI is enough to pay for the yearly fee even if you don't hit the (generous) limit.

zeroshiki wrote: ↑Wed Apr 12, 2023 7:13 am He probably meant that the points you get for being able to do tsumitate on SBI is enough to pay for the yearly fee even if you don't hit the (generous) limit.

Can these "v-points" be used to pay the CC fees (5500 yen, I think)?

trajan wrote: ↑Wed Apr 12, 2023 7:21 am

zeroshiki wrote: ↑Wed Apr 12, 2023 7:13 am He probably meant that the points you get for being able to do tsumitate on SBI is enough to pay for the yearly fee even if you don't hit the (generous) limit.

Can these "v-points" be used to pay the CC fees (5500 yen, I think)?

You can use your v-points to pay your CC bill so yes.

zeroshiki wrote: ↑Wed Apr 12, 2023 8:24 am

trajan wrote: ↑Wed Apr 12, 2023 7:21 am

zeroshiki wrote: ↑Wed Apr 12, 2023 7:13 am He probably meant that the points you get for being able to do tsumitate on SBI is enough to pay for the yearly fee even if you don't hit the (generous) limit.

Can these "v-points" be used to pay the CC fees (5500 yen, I think)?

You can use your v-points to pay your CC bill so yes.

Much appreciated.