Shinsei Bank

Partial Change to Account Opening Program
Customers opening an account under this program from August 2020 onward will be able to accrue even more miles with the new service for GAICA Flex Prepaid Cards.
Please see here for details. (Text is available in Japanese only.)

Mileage will be accrued by the end of the 5th month following the month in which the account was opened.

Existing Shinsei PowerFlex account holders are ineligible for mileage accrual, and are unable to sign up for this program even upon termination of their existing account.

Customers will not be eligible for mileage accrual if their application contains an incorrect account number, date of birth, or ANA Mileage Club membership number.

Accounts terminated prior to mileage accrual will not be eligible.

3 month Yen Time Deposit accounts that are terminated part way through will not be eligible for mileage accrual.

Retroactive mileage accrual is not permitted if an application is not made in accordance with the methods designated by Shinsei Bank.

This program cannot be used in conjunction with other rewards for opening an account.

For the GAICA Prepaid Card, customers are eligible for mileage accrual if they carry out the following steps by the end of the 2nd month following the month in which the account was opened: 1) Sign up for a GAICA Prepaid Card (with Flex functionality), and; 2) Use their Shinsei PowerFlex account to load their GAICA Prepaid Card with at least JPY 10,000 or 80 U.S. dollars, euros, British pounds or Australian dollars, and then use their card to make at least one payment. A certain number of days will be required from application submission to the completion of enrollment, and we ask that you allow around one week for this upon submitting your application. We also kindly request that you submit your application as early as possible, as you will be asked to submit a second application if there is an issue with the first one.

The card enrollment date will be written on the card mounting paper enclosed with your card upon sending.

Customers who cancel their GAICA Prepaid Card (with Flex functionality) before mileage accrual will no longer be eligible for miles.

Money loading fees do not apply when loading your card with Japanese yen. Money loading fees apply when loading you card with foreign currencies.

Foreign currency amounts loaded onto cards can only be used in their respective currency zones. (U.S. dollars: Currency zone for U.S. dollars; Euros: Currency zone for euros; British pounds: Currency zone for British pounds; Australian dollars: Currency zone for Australian dollars)

If you have loaded your card with a foreign currency and use your card to make a payment in the respective currency zone, the payment amount will be deducted from your foreign currency balance as long as it is fully covered by that balance. However, if the payment amount is not fully covered by the foreign currency balance, it will be deducted from the Japanese yen balance instead.

A currency exchange fee will apply for payments deducted from the Japanese yen balance for purchases made outside Japan.

Program details and conditions are current as of August 1, 2020. Program details and conditions may be revised or the program may be terminated depending on market developments, etc.

In principle, customers are asked to select one promotion or program per single transaction. (Please note that multiple promotions or programs may be applied simultaneously depending on the terms and conditions.)

There may be other in-store or online promotions and programs that are offered independently of this program. Conditions, benefits, etc., which are more favorable than what is offered by this program may be available.

Please see this month's promotions and programs lists for details of this program or other promotions and programs. Alternatively, you can contact Shinsei Power Call (call center) or speak to a branch employee for details. (Reference number: 5006)

GAICA is a service provided by APLUS Co., Ltd. (hereafter referred to as "APLUS") and is not a product of Shinsei Bank, Ltd (hereafter referred to as "this bank").

GAICA is not a product for the purpose of currency exchange transactions carried out by this bank or other banks.

GAICA is not a deposit, savings, or fixed-term deposit account (i.e., it cannot be loaded with cash directly).

GAICA is not eligible for the insurance money payments stipulated in the Deposit Insurance Act and Agricultural and Fishery Cooperation Savings Insurance Act.

A performance bond system has been established in accordance with fund settlement-related laws in order to safeguard these laws and to provide protection to those who have been issued a GAICA card by APLUS and are permitted to use it (hereafter referred to as "members"). APLUS makes deposits as follows upon issuing a GAICA. [Deposit method] Cash deposits [Deposit office] Osaka Legal Affairs Bureau

GAICA members have the right to receive a refund from the performance bond pursuant to their GAICA balance upon exercising their rights as stipulated in the fund settlement-related laws.

The GAICA Prepaid Card with Flex functionality is the only option available for GAICA applications made through this bank. Applications can only be made through this bank's online banking website (Shinsei PowerDirect). Applications cannot be made over the telephone or at branches. Please understand that this bank cannot bear any responsibility for cases in which an application cannot be made on the Shinsei PowerDirect website due to a system-related matter or similar.

All GAICA transactions will be performed between the customer and APLUS, and therefore this bank cannot bear any responsibility for them. Please visit the APLUS homepage for important notes regarding GAICA transactions, the handling fee system, etc., and contact APLUS directly for any queries you may have.

PowerSmart Home Mortgages are eligible for this program.

The following customers are not eligible.

Customers who complete their application for the program using the application form on the Shinsei Bank website by 23:59 on the date they enter their loan contract are eligible. Please note that program applications made after 23:59 on the loan contract date will be invalid.

Customers will not be eligible for mileage accrual if they do not make an application for the program, do not perform the procedures in accordance with the designated methods, or terminate their account before accrual.

Customers will also not be eligible for ANA mileage if their ANA Mileage Club membership number is invalid at the time of accrual, or if their application form contains a mistake.

ANA miles will be accrued by the end of the 2nd month following the month in which the loan was executed.

If several applications are made, the last application submitted will apply.

If an application is also made for another program/promotion which cannot be used in conjunction with similar programs/promotions, the last application submitted will apply.

Program details and conditions are current as of August 1 2020. Program details and conditions may be revised or the program may be terminated depending on market developments, etc.

In principle, customers are asked to select one promotion or program per single transaction. (Please note that multiple promotions or programs may be applied simultaneously depending on the terms and conditions.)

There may be other in-store or online promotions and programs that are offered independently of this program.
Conditions, benefits, etc., which are more favorable than what is offered by this program may be available.

Please see this month's promotions and programs lists for details of this program or other promotions and programs. Alternatively, you can contact Shinsei Power Call (home loans line) or speak to a bank employee for details. (Reference number: 5065)