Video Summary - みずほ楽天カードが強すぎるよ・・・他の楽天カード4券種の立ち位置は？

Overview (Rakuten credit card comparison)

The video compares five Rakuten-issued Japanese credit cards, focusing on:

Annual fees vs. rewards/cashback
Point multipliers (shopping, travel/SPU, etc.)
Who each card is best for

It repeatedly frames the decision as: which card maximizes effective return after annual fees and usage constraints.

Cards compared (issuer/structure)

Issuer for all 5: Rakuten Card Co., Ltd.
Mizuho Rakuten Card: a partnership card issued with Mizuho Bank
- Requires having/using a Mizuho Bank account.

Annual fees (key numbers)

Rakuten Card (regular): ¥0 (free)
Rakuten Gold: ¥2,200
Rakuten Premium: ¥11,000
Rakuten Black: ¥33,000
Mizuho Rakuten Card: ¥0 (free)
- The video mentions “ANA membership with no annual fee.”

Notable framing: Only Rakuten Card and Mizuho Rakuten Card include ANA membership with no annual fee (per the video).

Rewards / effective “cashback” (core methodology)

1) Everyday spend reward rate

The video lists 1% as the base everyday shopping reward rate for most cards (Rakuten Card, Gold, Premium, Black, Mizuho).
However, it claims additional structure for certain cards:

Rakuten Card

“1 Rakuten Point + 1 Mizuho Point per ¥100 spent” ⇒ 2% total

Mizuho Rakuten Card

Also described as ~2% cashback, presented as comparable to or stronger than higher-fee tiers.

Takeaway from the speaker: The speaker claims Mizuho Rakuten Card yields ~2% on everyday spend, comparable to higher-fee cards.

2) Rakuten Market (shopping portal) point multipliers

The video says Rakuten Market rewards vary by card tier.

“Normal times” (general shopping):
- Gold / Premium / Black: triple points
- Rakuten Card: four times points (described as stronger than the Black tier)
Premium Black extra Tue/Thu benefit:
- Premium Black on Tue/Thu: extra +1x points
- Regular Rakuten Card and Gold: described as having no special Tue/Thu benefits

3) Rakuten Travel / SPU (birthday/limited multipliers)

The video highlights SPU-style multipliers and caps:

Birthday SPU:
- Rakuten Card: no special service
- Gold: +1x (cap 2,000 points)
- Premium: 1x (cap 10,000 points)
- Black: cap 10,000 points
- Mizuho card: not clearly stated in this segment (the focus is on Rakuten Gold/Premium/Black)
SPU limit / another divergence:
- Gold: 1,000 points
- Premium & Black: 5,000 points
- Rakuten Card users: 2.5x points for Rakuten Travel
  - Speaker notes possible mismatch/ambiguity with the written terms.

Important restrictions (when rewards do NOT improve)

A repeated caution: some payment methods reduce reward accrual across all five cards, so you can’t assume “everything becomes 2%.”

Examples mentioned

Insurance premiums & mobile phone charges (telecoms):
- Rakuten Card families: 0.5% total via
  - 0.5% Rakuten points + 0.5% (Mizuho points if applicable)
- Result: ~1% with Mizuho Rakuten Card
- Named telecoms/insurers/examples:
  - Telecoms: NTT Docomo, au, SoftBank, and overseas carriers
  - Insurers: Asahi Life Insurance, Tokyo Nichido
Electricity and city water tax category:
- Rakuten Card: 0.2%
- Mizuho Rakuten Card: 0.4% (because points accrue in both systems)
0% categories:
- Some fees and specific transactions yield no points
- Examples: annual fees, cash advance/prepaid-like items, Suica top-ups, mobile Suica top-ups

Rakuten Cash timing issue (explicit caution)

Starting June 4, 2024, the speaker highlights changed timing rules:

“Charging with the card gives 0%”
“Paying with Rakuten Cash gives 0.5%”

Conclusion from the speaker: No extra bonus for the Mizuho card under this timing change; expected value is currently ~0.5% in that structure.

“Savings plan” / investment-related mention (credit card as investing funding)

The video connects credit card rewards to investment/fund contributions, framed via Rakuten Securities categorization:

Upper accrual tier
- “All-in-one funds” and S&P 500 funds
Lower accrual tier
- “Other active funds”

Example reward rates by card (upper tier framing)

For all-in-one / S&P 500 contributions:

Rakuten Card: 0.5%
Gold: 0.4% (speaker notes messy transcription but later uses upper/lower structure with card-by-card amounts)
Premium: 0.75%
Black: 1%
Mizuho Rakuten Card: 2%

Core point: net value depends heavily on annual fees and how much you invest.

Net value illustration (explicit effective yields)

Example investment amount: ¥1,200,000

Speaker’s arithmetic outcomes (after annual fees, per the video):

Rakuten Card (no fee): net shown as ¥6,000
Gold (¥2,200 fee): net about ¥6,800
Premium (¥11,000 fee): described as less favorable under short-holding assumptions
Black (¥33,000 fee): described as -¥9,000 (net negative)
Mizuho Rakuten Card (“Water Rakuten Card” in text): described as ¥12,000 net

Recommendation implied by the math: If you will use the card heavily for investment contributions, the Mizuho Rakuten Card is presented as strongest on net after fees.

Insurance / travel protections (risk-management adjacent)

Overseas travel insurance coverage (caps)

Rakuten Card Gold: ¥50 million
Rakuten Premium: ¥40 million
Rakuten Black: additional ¥10 million
- The speaker text repeats/confuses figures (also mentions “20 million”), but the overall point is that Black is higher.
Mizuho Rakuten Card: not clearly quantified in the provided text
- Speaker emphasizes Premium/Black are stronger if you prioritize insurance.

Domestic travel insurance

Gold: not mentioned / speaker says it “does not offer”
Premium & Black: ¥50 million each

Airport lounge / Priority Pass-type access

Domestic airport lounges (Rakuten Card access)

Rakuten Card: cannot use
Gold: up to 2 times
Premium: unlimited
Black: unlimited
Mizuho: “not offer” via Rakuten Card access (speaker says Mi does not have…)

Other lounge pass counts

Premium: 5 uses/year
Black: unlimited
Mizuho: none mentioned

Implied recommendation: If lounges matter, the speaker favors Premium/Black, even if the speaker’s fee-vs-reward math favors the Mizuho card.

Bank integration (major decision factor for Mizuho card)

“Dependence” risk: linking to Mizuho Bank

Most Rakuten card tiers allow choice among financial institutions as the funding account.
Mizuho Rakuten Card requires linkage to Mizuho Bank accounts (speaker calls this “dependency”).

Mizuho bank preferential fees and ATM conditions

Examples mentioned:

ATM withdrawals: free “any number of times” at certain services (e.g., Mizuho Bank / Io4 Bank)
Convenience store ATMs and E-net: free up to 3 times/month
Exclusions listed:
- Lawson Bank and other banks not included
- transfers like Takoate transfers and Mizu Direct excluded

Eligibility constraint example:

Mileage Club Card criteria, including:
- main course name matching
- use at least once per month

Cashback/points mechanics for the Mizuho Rakuten Card setup (step-by-step)

The video provides a setup flow to ensure the claimed 2% structure actually applies.

Setup framework (as stated):

Create/link a Mizuho Bank account as the direct debit account
Join Mizuho Mileage Club
Register for a contract with Suihou Direct
Agree to initial terms for the points mall
If already using Rakuten Securities, change the Rakuten Securities “savings card” to your Rakuten card
Use the card at least once per month
Confirm reward-eligibility criteria for the bank-fee treatment

Points exchange suggestion

Periodically exchange “water points” to Rakuten points
Exchange options mentioned:
- d points, Rakuten points, Amazon gift cards, Apple gift cards
Exchange timing: can change every 10 days
Exchange granularity: increments of 100 points
Validity: points valid 24 months from receipt

Campaigns / bonuses (explicit promo numbers)

Mizuho Bank new account bonus (major numbers)

Campaign period until Nov 12 (account opening)
Balance check for reward amounts:
- ¥100,000+ ⇒ ¥10,000 in Mizuho points
- ¥300,000+ ⇒ ¥30,000 in points
Claimed potential total rewards: up to ¥50,000
- Conditional on other steps (e.g., signing up for a new Rakuten card and receiving benefits)
Remaining evaluation dates: Dec 29, Jan 31, Feb 28
Speaker emphasis: deposit ¥300,000 and keep it there to qualify (timing detail emphasized)

Referral program

Referrer and referred both get ¥1,000 in Suiho points
No fixed end date (per speaker)
Process: share referral → open account → register via a dedicated site
Speaker provides a referral code (exact numeric string given by the presenter).

Who should choose what (recommendations)

Mizuho Rakuten Card
- Best if you can open/use a Mizuho Bank account
- Want ~2% everyday cashback
- Will make heavy use for investment funding
- (Speaker’s fee-vs-reward arithmetic suggests strong net vs annual fees)
Rakuten Card (free)
- Best as the “default” if you don’t want Mizuho Bank dependency
- Also strong for frequent Rakuten Market users
Premium Black
- Suggested for those who value birthday/SPU/Travel multipliers and travel perks
- Speaker warns it only makes sense if you actually use the high-fee benefits

Caution / warning style used

The speaker warns that choosing premium tiers without meeting usage patterns can put you “in the red,” giving an example deficit of about ¥9,000/year.
Also warns not to rely on outdated internet info due to July 2024 changes to the Black card system.

Disclosures / disclaimers

No explicit “not financial advice” disclaimer appears in the provided subtitles.
The speaker states the calculations are personal and may be “slightly inaccurate” (rough break-even arithmetic).

Tickers / instruments / assets mentioned

S&P 500
“All-in-one funds” (not named as a specific ticker)
Named brands/companies (not tickers):
- Asahi Life Insurance, Tokyo Nichido
- NTT Docomo, au, SoftBank
Rakuten Securities
Suica / transport top-ups

Methodology / framework extracted

The comparison implicitly follows this decision framework:

Compare annual fees vs effective point value
Apply reward tiers, including:
- Everyday spend (speaker claims ~2% for the Mizuho card setup)
- Rakuten Market multipliers (triple vs quadruple)
- Rakuten Travel/SPU caps and multipliers
Exclude or adjust for reduced reward categories:
- telecoms/insurance/electricity-like categories
- some 0% transaction types
For investing: determine whether funds are all-in-one/S&P500 (upper tier) or other active (lower tier)
Subtract annual fees to estimate net value

Presenters / sources

Presenter: Yuzuko (introduced as “Hello. This is Yuzuko.”)
No external analysts cited; card/banking entities referenced include:
- Rakuten Card Co., Ltd.
- Mizuho Bank
- Rakuten Securities (context for investing/savings card)

みずほ楽天カードが強すぎるよ・・・他の楽天カード4券種の立ち位置は？

Key takeaways