Good morning. It’s まさきん.
I previously wrote up the Rakuten Wallet new account program, and then I noticed that Rakuten Wallet is also part of the SPU (Super Point Up Program). Let me go through the conditions on the official page.
SPU Conditions and Reward Rate
The condition is to make spot purchases of crypto totaling 30,000 yen or more in a given month. Crypto acquired by exchanging points also counts.
Once you meet the condition, your Rakuten Ichiba purchases in the same month earn +0.5x points. In practical terms, that works out to an extra 1 point for every 200 yen (excluding tax).
No entry is required. As long as you are a Rakuten member, you seem to qualify automatically just by meeting the condition.
Clicking this opens the Rakuten login page. Once you log in, you’ll see the campaign details.
When Points Are Awarded and Things to Watch Out For
Points are awarded around the 15th of the month after the month you meet the condition.
The points awarded are limited-time points. Unlike regular points, they cannot be exchanged for crypto, so keep that in mind. They also expire at 23:59 on the last day of the month following the award.
The monthly cap is 1,000 points. Sales and withdrawals do not count. The condition is based purely on your purchase amount.
How This Relates to the New Account Program
This is a separate program from the one I covered before, where you get 500 points for opening a new account and trading.
The new account program was a one-time perk for people who did not already have an account. The SPU program, on the other hand, seems to be positioned as a points boost for ongoing trading, including people who already have an account.
If you qualify for both, a likely flow is to collect the new account program points when you open your account, and then keep earning SPU rewards on an ongoing basis after that.
Summary
Rakuten Wallet’s SPU program gives you +0.5x points on Rakuten Ichiba purchases when you buy 30,000 yen or more in crypto in a month. I found it nice and simple that no entry is needed and Rakuten members qualify automatically.
That said, crypto is an asset whose price goes up and down. I do not think you need to push yourself to buy more just for the points.
The conditions and reward rates may change in the future. If you are thinking of signing up, be sure to check the latest information on the official website. Anything about investing here is just a general explanation of how things work, not investment advice.
If you are reviewing your whole Rakuten ecosystem setup, I also recommend taking a look at your phone bill while you are at it.
Clicking this opens the Rakuten login page. Once you log in, you’ll see the campaign details.
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