What’s the best way to avoid the rejection and get my hands on some plastic?Īs you don’t have a credit record, it’s more than likely you will be rejected. Outside of Japan, JCB is generally only accepted in places that are frequented by Japanese tourists. Some merchants may refuse American Express because of the higher merchant fees. Visa, Mastercard and JCB are the most widely accepted cards in Japan. Additionally, you can apply directly to JCB or American Express. Photo by /Boogich What are the options?Īll banks in Japan have a tie-up with one or more of the big brands: Visa, Mastercard or JCB. While you can use them for regular payments, shopping online, or eating out, the low credit limit effectively makes them useless for purchasing large items like airline tickets-unless you choose payment in installments. On a regular card (not Gold, Platinum or Black) credit limits are low-often only JPY 100,000 (less than US$1,000). As with bunkatsu barai, there will be an interest/admin charge to split up your bill payments.įor example, if you owed JPY 120,000 on your statement, you could request to break off JPY 60,000, and pay it off over a period of six months. To do this, you need to request it from your card issuer, and they need to approve you. Known as ribo barai, this allows you to split your bill payments if you’d prefer not to pay it all in one go. So if you decide to pay off a JPY 200,000 laptop computer over 24 months, the total amount you pay will end up being around JPY 232,000 (assuming a 16% interest rate).
The total interest you pay may be between 12% and 16.37% of the total, depending on the card. The higher the number of payments, the more you pay though. You can either pay it all in one go ( ikkatsu barai) or you can split it into up to 36 payments.
This can be requested on the credit card terminal at the point of sale. While you have to pay the amount of the statement in full, you can choose to split a purchase payment (known as bunkatsu barai) when you buy something. Photo by Chris Kirkland Choose payment in installments (bunkastsu barai)
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