How to Apply for the Orico Card: A Comprehensive Guide

The Orico Card offers valuable benefits for everyday use, from cashback to flexible payment options. 

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This guide walks you through the simple application steps, ensuring everything is ready to get approved quickly.

By the end of the article, you’ll know precisely how to apply for the Orico Card and be fully prepared to complete the process smoothly.

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Different Types of Orico Cards Available

Orico offers a range of credit cards tailored to various needs. Here are the different types of Orico Cards available:

  • Orico Gold Card: Offers higher credit limits and exclusive rewards.
  • Orico Card THE POINT: Focuses on earning points with every purchase.
  • Orico Card THE POINT Premium Gold: A premium version with added benefits like airport lounge access.
  • Orico Card UPty: Ideal for students or those with limited credit history.
  • Orico Card iD/X: Combines credit card functionality with contactless payment.
  • Orico Card Visa PayWave: Focuses on contactless payments for convenience.
  • Orico Card Premium: Offers travel insurance and higher reward rates.
  • Orico Card iB: Designed for everyday purchases with cashback options.
  • Orico Card Business: Tailored for business users with expense management tools.
  • Orico Card THE PLATINUM: A high-end card with luxury benefits and services.

Benefits and Rewards

Orico Cards provide a range of benefits to enhance your daily spending. Here are the key perks:

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  • Point Rewards Program: Earn points on every purchase, redeemable for gifts, vouchers, or travel.
  • Cashback Offers: Certain cards offer cashback on specific categories like groceries or fuel.
  • Exclusive Discounts: Special deals and discounts at partnered retailers and online stores.
  • Travel Insurance: Complimentary travel insurance with premium cards.
  • Airport Lounge Access: Enjoy access to airport lounges with certain premium cards.
  • Flexible Payment Plans: Options to split payments over time with low interest rates.
  • Contactless Payments: Use contactless technology for faster, more convenient transactions.

Special Offers and Promotions for New Applicants

Orico Card offers special promotions for new applicants, making the application process even more rewarding. 

Here are seven current offers you can take advantage of:

  • Bonus Reward Points: New applicants can receive extra points upon approval.
  • No Annual Fee for the First Year: Enjoy a waived annual fee for the first year of card ownership.
  • Cashback Welcome Offer: Get cashback on your first few purchases after receiving the card.
  • Discounts at Partner Stores: Receive special discounts at select retailers for a limited time.
  • Referral Bonus: Earn additional points or cashback when referring friends.
  • Travel Perks: Special travel-related rewards, such as bonus points or flight discounts.
  • Low-Interest Introductory Period: Benefit from a reduced interest rate for the first few months.

Interest Rates and Fees 

Understanding the interest rates and fees associated with the Orico Card is essential for managing your finances. 

Below are the typical rates and fees in Japanese yen (¥):

  • Annual Fee: ¥1,250 to ¥10,000 depending on the card type (some cards offer no annual fee for the first year)
  • Interest Rate on Purchases: Typically around 15% to 18% APR
  • Cash Advance Interest Rate: Usually 18% to 20% APR
  • Late Payment Fee: ¥1,000 to ¥2,000, depending on the card
  • Foreign Transaction Fee: 1.6% to 2.0% of the transaction amount
  • Balance Transfer Fee: Often 1% to 3% of the transfer amount
  • Card Replacement Fee: ¥1,000 to ¥2,000 for a lost card

Eligibility Requirements

To ensure a successful application for the Orico Card, it’s essential to meet the following eligibility requirements. 

Here are the critical criteria that applicants need to fulfill:

  • Applicants must be at least 18 years old
  • Proof of stable income or current employment is required
  • A valid government-issued ID (such as a passport or driver’s license) is necessary
  • Applicants must have residency in Japan for domestic applications
  • A clean credit history is generally expected for approval

Required Documents

Below is a list of the required paperwork:

  • A valid government-issued ID (passport or driver’s license)
  • Proof of income, such as recent pay stubs or a tax return
  • Proof of residency, such as a utility bill or residence card
  • Employment verification, if requested
  • Bank account details for linking payments

Step-by-Step Application Process

Applying for the Orico Card is straightforward if you follow these steps. Here’s the process laid out in easy-to-follow instructions:

  1. Visit the official Orico website or mobile app.
  2. Navigate to the credit card application section.
  3. Select the Orico Card you want to apply for.
  4. Fill in your personal information (name, address, etc.).
  5. Provide financial and employment details.
  6. Upload the required documents.
  7. Review all entered information for accuracy.
  8. Submit your application and wait for confirmation.

Approval and Waiting Period

Once you’ve submitted your Orico Card application, the approval process begins. Here’s what you can expect during this period:

  1. Initial Review: Orico will verify your personal and financial details.
  2. Credit Check: Your credit history will be assessed to determine eligibility.
  3. Approval Timeframe: Typically, approval can take 1-2 weeks.
  4. Notification: You will receive approval or rejection via email or post.
  5. Card Delivery: If approved, your Orico Card will be delivered within 1-2 weeks.

Post-Approval Steps

Once your Orico Card application is approved, follow a few steps before using it. Here’s what you need to do:

  1. Receive the Card: Your card will be delivered via mail within 1-2 weeks.
  2. Activate the Card: Follow the instructions provided to activate the card online or by phone.
  3. Set Up Online Account: Create an Orico website or app account to manage payments and view transactions.
  4. Link Bank Account: Ensure your bank account is linked to pay your credit card bills easily.
  5. Review Terms and Benefits: Familiarize yourself with the card’s terms, rewards, and benefits to maximize use.

How to Track Your Application Status

Tracking your Orico Card application status is simple and can be done through several methods. Here’s how you can check your application progress:

  • Online Portal: Log in to your account on the Orico website to view the current status.
  • Mobile App: Use the Orico mobile app to track your application in real-time.
  • Email Notifications: Check your email for updates Orico sends after each application stage.
  • Phone Support: Call Orico’s customer service at 0120-911-911 to ask about your application status.
  • Mail Notifications: Receive status updates via postal mail, especially regarding approval or additional requirements.

How to Improve Your Chances of Approval for Orico Card

Improving your chances of getting approved for an Orico Card requires careful preparation. Follow these tips to increase your likelihood of success:

  • Check Your Credit Score: Ensure your credit score is in good standing before applying.
  • Pay Off Existing Debts: Reduce outstanding debts to demonstrate responsible financial behavior.
  • Provide Accurate Information: Double-check that all personal and financial information is accurate and complete.
  • Ensure Stable Employment: A stable employment history improves your chances of getting approved.
  • Limit Recent Credit Inquiries: Avoid applying for multiple credit cards within a short time frame.
  • Maintain a Healthy Income-to-Debt Ratio: Keep your debts manageable relative to your income.
  • Use a Co-Signer: If your credit score is low, consider using a co-signer with good credit.

Contact and Support Information

You can contact their customer service if you need assistance with your Orico Card application or have any questions. Below is the contact information:

  • Phone Number: 0120-911-911 (available 24/7)
  • Address: Orico Corporation, 5-2-1 Ginza, Chuo-ku, Tokyo, Japan

Final Thoughts

Applying for the Orico Card is straightforward when you meet the eligibility requirements and follow the steps outlined in this guide. 

Gather all necessary documents and track your application for a smooth experience. 

Start your application today and enjoy the benefits Orico Card has to offer.

Disclaimer

The information provided in this guide is for general purposes only and may vary based on specific card terms and conditions. 

Please refer to Orico’s official website or contact customer service for the most accurate and up-to-date details.