Olive Flexible Pay Gold Olive フレキシブルペイ ゴールド
All-in-one bank + card gold · Sumitomo Mitsui Card · Credit cards
An SMBC platform that combines credit, debit and point-payment modes with a bank account on a single Visa; the gold tier mirrors Gold (NL) economics — ¥5,500 waived permanently after ¥1M annual spend.
Highlights
- Credit, debit and point-payment in one Visa
- Permanent fee waiver and 10,000-point bonus at ¥1M
- Integrated with an SMBC bank account
Things to consider
- Best for customers making SMBC their main bank
- Credit mode has stricter age and review rules
Fees: ¥5,500 gold fee, permanently waived after ¥1,000,000 of qualifying annual spend in credit mode.
Points and rewards
This card earns V POINT at a published base rate of 0.5% on eligible use, before exclusions and rounding.
- Points programme
- V POINT
- Base earning rate
- 0.5%
- What a point is worth
- 1 point=¥1 in common uses
Best for
Integrated bank and gold card
Watch out for
Qualification rules and account coupling
How you earn
- Earning rule
- Most standard cards: 1 point per ¥200; Platinum Preferred/Visa Infinite commonly 1 per ¥100
- Extra earning on this card
- Gold/annual-spend and selected-merchant benefits
- Programme bonuses
- Selected convenience/restaurant smartphone contactless; family/Olive conditions; preferred stores and annual-spend bonuses by card
- Spend that earns
- Eligible card shopping
- Spend that earns less, or nothing
- Fees, cash advances, designated e-money/charges and bonus-excluded transaction routes
- Caps, registration and thresholds
- Headline maximum requires multiple SMBC banking/family/app conditions; annual-spend calculations exclude named transactions
- Expiry
- 1 year after last earn/use/exchange, automatically extended by qualifying activity; exchanged PayPay-origin points differ
Using your points
- What points can be used for
- V Point Pay Visa spending; card bill offset; stores; investment; SBI Securities; airline miles; partner points; products/donations
- Statement credit or cash
- 1 point=¥1 toward eligible card bills
- Shopping and merchants
- V Point partner stores and V Point Pay
- Airlines and travel
- ANA and other mileage routes; ratios depend on card/course
- Hotels
- Indirect via Visa spending/partners
- Transit and e-money
- V Point Pay can be used at eligible Visa contactless/online merchants
- Partner points and gifts
- Multiple partner points, including PayPay exchange with restrictions
- Investing and charity
- SBI Securities/card accumulation and point investment
- Highest-value route
- Bill credit or V Point Pay at ¥1; use miles only after checking card-specific transfer ratio
Programme rules published by smbc-card.com · Recorded from official material on 2026-08-17.Official program rule + card product page; temporary campaigns excluded unless labeled
Benefits
Standing benefits only — short-term signup campaigns are deliberately excluded.
- Annual fee and waivers
- ¥5,500
- Insurance
- Selectable insurance
- Lounges and travel services
- Domestic lounges
- Family cards and ETC
- See official page
- Networks
- Visa
- Stated eligibility
- Requires Olive account and credit approval
Issuance and the credit limit remain subject to the issuer’s screening.
Network variants
The networks this card is issued on. The issuing company, the annual fee and where the card is accepted can differ by network.
| Network | Annual fee | Note |
|---|---|---|
| Visa | ¥5,500 | Selectable network stated or represented at family level |
Card facts
- Network
- Visa.
- Annual fee
- ¥5,500 including tax for the gold tier.
- Fee waiver
- Permanently waived once qualifying annual credit-mode spend reaches ¥1,000,000.
- Rewards
- Earns V Points.
- Base earning
- Base V Points accrue on eligible credit-mode use, with a 10,000-point bonus each year qualifying spend reaches ¥1,000,000.
- Bonus conditions
- Selection-based and app-linked bonuses require registration and named payment methods; they are not the base rate.
- Point expiry
- Not confirmed in reviewed official material (not the same as “no”)
- Redemption
- Not confirmed in reviewed official material (not the same as “no”)
- Foreign transaction fee
- Foreign-currency use incurs the designated overseas processing charge (around 3.63% on mainstream Visa/Mastercard products); verify the current rate.
- Insurance
- Gold-tier travel insurance and shopping protection apply under the current guide with limits and exclusions.
- Purchase protection
- Not confirmed in reviewed official material (not the same as “no”)
- Airport lounge
- Domestic airport lounges are offered on the gold tier.
- Transit
- Not confirmed in reviewed official material (not the same as “no”)
- Digital wallets
- Not confirmed in reviewed official material (not the same as “no”)
- Family cards
- Not confirmed in reviewed official material (not the same as “no”)
- ETC card
- Not confirmed in reviewed official material (not the same as “no”)
- Stated eligibility
- Credit mode requires the issuer-stated age and screening, which are stricter than merely opening the bank account.
- Application
- Apply through the issuer channel. The issuer, not this site, decides issuance and the credit limit.
- Payment settings
- One-time, installment, bonus and revolving choices have different availability, fees and conditions; verify the selected setting.
- Revolving payment
- Revolving payment incurs the issuer-disclosed fee. Confirm automatic-revolving enrollment and any later-payment conversion before and after applying.
- Cash advance
- Not confirmed in reviewed official material (not the same as “no”)
- Limitations
- Terms, rates, benefits, insurance and campaigns can change. Verify the dated issuer material before applying; no approval ranking or foreign-resident eligibility claim is made.