Card loans (also known as “revolving credit” or “cash advance cards”) are a popular form of unsecured credit in Japan. Whether you’re a Japanese citizen or a foreign resident, card loans can provide quick financial assistance when you need it the most. This article explores the top 7 card loan providers in Japan in 2025, along with everything you need to know before applying.
π What Are Card Loans in Japan?
Card loans (γ«γΌγγγΌγ³) in Japan are a form of unsecured personal loan offered by banks, financial institutions, or credit card companies. Once approved, borrowers receive a credit line that can be accessed via an ATM or through an app/card. Repayments are usually made monthly with interest applied only to the borrowed amount.
Common Features:
- No collateral needed
- Instant or same-day approval
- Access through ATMs, mobile apps, or cards
- Monthly repayments
- Flexible borrowing (you borrow what you need within the limit)
π§ How To Apply for Card Loans in Japan as a Foreigner
As a foreigner living in Japan, applying for a card loan is possible but comes with strict requirements:
Requirements:
- Must have residency status (long-term visa, work visa, permanent resident, or spouse visa)
- At least 6 months to 1 year of residence
- Stable income and employment history in Japan
- Japanese bank account
- Ability to speak/read Japanese (many applications are only in Japanese)
Steps to Apply:
- Choose a lender (see list below)
- Apply online or at a branch (some ATMs allow instant application)
- Submit documents: residence card, passport, proof of income, employment certificate
- Wait for screening and approval (can take a few minutes to a few days)
- Receive a credit card or access through mobile app
- Start using and repaying monthly
Tip: Using a Japanese guarantor or co-signer can increase your chances of approval.
π Top 7 Card Loans in Japan 2025
| Provider | Interest Rate (APR) | Loan Limit | Approval Time | Language Support |
|---|---|---|---|---|
| 1. Promise (SMBC) | 4.5% β 17.8% | Up to Β₯500,000 | Within 1 hour | Japanese only |
| 2. Rakuten Card Loan | 1.9% β 14.5% | Up to Β₯800,000 | 1β2 days | Some English |
| 3. Mercari Loan | 3.0% β 15.0% | Up to Β₯500,000 | 1β2 days | Japanese only |
| 4. PayPay Card Loan | 3.0% β 18.0% | Up to Β₯1 million | Same day | Japanese only |
| 5. Kakaku.com Loan | 4.5% β 17.5% | Up to Β₯500,000 | Few business days | Japanese only |
| 6. Seven Bank Loan | 5.0% β 15.0% | Up to Β₯500,000 | 1β3 days | Japanese only |
| 7. Credit Saison | 4.5% β 17.8% | Up to Β₯700,000 | Same day | Japanese only |
β Pros and β Cons of Card Loans in Japan
β Pros
- Fast Access to Cash β Often approved the same day.
- No Collateral Needed β No property or assets required.
- Convenience β Borrow anytime from ATMs or mobile apps.
- Flexible Use β Use the loan for any purpose (medical, rent, etc.).
- Online Management β Monitor balance and make repayments online.
β Cons
- High-Interest Rates β APRs can go up to 18%.
- Strict Eligibility β Not easy for new foreigners or those without stable income.
- Language Barrier β Most applications and support are in Japanese.
- Credit Score Impact β Missed payments damage your Japanese credit history.
π Alternatives to Card Loans in Japan
If you find card loans unsuitable, here are some alternatives:
- Personal Loans from Banks (Shinsei, MUFG, Mizuho)
β Lower interest rates, but stricter eligibility and paperwork. - Credit Cards with Installment Payment Option
β Easier to get if you already hold a Japanese credit card. - Community Lending Groups
β Some NGOs or communities offer loans to foreign residents in need. - Salary Advance from Employers
β Some employers offer payroll advances for emergency use. - Crowdfunding or Peer-to-Peer Lending
β Platforms like Campfire or Japanese crowdfunding services. - Loan App – Quick online loan apps include: alful loan app, d smartphone loan app and SMBC mobit loan app Japan.
β FAQ β Card Loans in Japan
Q1: Can foreigners really get card loans in Japan?
Yes, but you need a stable income, valid visa, Japanese bank account, and at least 6 months to 1 year of residence.
Q2: Which card loan is best for beginners?
Rakuten and Promise (SMBC) are beginner-friendly and widely used.
Q3: Are card loans safe and legal?
Yes, major lenders like SMBC, Rakuten, and Seven Bank are regulated by Japanese law.
Q4: Can I apply without speaking Japanese?
Most applications are in Japanese. Rakuten may offer limited English support.
Q5: What happens if I miss payments?
You may incur late fees, damage your credit score, and face collection calls. Always contact the lender early if you foresee repayment issues.
Q6: How can I repay my loan?
Via direct debit from your Japanese bank account, at convenience store ATMs, or via mobile apps.
π Conclusion
Card loans in Japan are a convenient and quick solution for financial needs, especially in emergencies. Whether youβre a local or a foreigner, choosing the right lender based on interest rates, support, and ease of use is crucial. Always borrow responsibly and explore all alternatives before committing.