MoneyInJapan

Best online banks in Japan

Fee-free, app-first banks compared on ecosystem, brokerage links and everyday features — with volatile fees flagged for verification.

Who this is for: People comfortable banking without branches who want low fees and a strong app. · Last verified: 2026-07-28

Quick verdict by situation

Best for Rakuten users

Rakuten Bank

Deep Rakuten points integration and easy linking to Rakuten Securities.

Best for SBI investors

SBI Sumishin Net Bank

SBI Hybrid deposit links tightly with SBI Securities; competitive FX.

Best for foreign currency

Sony Bank

Strong multi-currency features and a well-rated app.

Comparison

BankMonthly account feeBrokerage integrationPoint ecosystemForeign-currency accountDebit card
Rakuten BankFreeYesRakuten PointsYesYes
SBI Sumishin Net BankFreeYesNot confirmedYesYes
Sony BankFreeNot confirmedNot confirmedYesYes
PayPay BankFreeNot confirmedPayPay PointsYesYes
au Jibun BankFreeYesPonta PointsYesYes

Key differences

  • All charge no monthly account-maintenance fee.
  • The main differentiator is which ecosystem and brokerage you already use.
  • ATM and transfer fee structures are volatile — confirm current free-transaction allowances before choosing.
Methodology — inclusion & exclusion

Included: major consumer online banks with fee-free standard accounts. Excluded: institution-specific or business-only online banks with limited consumer relevance.

Read the full bank methodology →

Alternatives

  • Seven BankA bank built around its ATMs in 7-Eleven stores nationwide, with an international money-transfer service and multilingual support often used by foreign residents.

Before you apply

Who this is for

People comfortable banking without branches who want low fees and a strong app.

Selection criteria

Included: major consumer online banks with fee-free standard accounts. Excluded: institution-specific or business-only online banks with limited consumer relevance.

Eligibility and documents

Eligibility depends on the bank, residence status and current documents. We do not predict approval.

How to apply

Check the official application page, prepare identity and residence documents, and keep your registered name consistent.

Fees and limits

Fee schedules, free-use allowances, exchange rates and transaction limits can change; verify them for your route before applying.

Trade-offs

All charge no monthly account-maintenance fee. The main differentiator is which ecosystem and brokerage you already use. ATM and transfer fee structures are volatile — confirm current free-transaction allowances before choosing.

Warnings

No placement implies approval, universal suitability or future value. Never send passwords or one-time codes.

FAQ and banking terms

Use the linked account-opening guide, banking FAQs and glossary for residence card, identity verification and transfer terminology.

Frequently asked questions

Does this comparison guarantee account approval?

No. Check each bank’s current eligibility and document requirements. We do not estimate approval likelihood.

Can I choose based on this fee table alone?

No. Fees, free-use allowances, exchange rates and limits change; verify the official schedule before applying.

Does “Not confirmed” mean a feature is unavailable?

No. It means official evidence was not established, so we do not turn an unknown into “No”.

Sources