Introduction
Starting May 26, 2025, SBI Securities will introduce a new mutual fund investment service through its partnership with JCB, allowing holders of JCB's original credit card series to invest in mutual funds. This innovative initiative aims to simplify the investment process for individual clients and enhance customer experience.
Understanding the New Service
The new service will be available for two types of JCB original series credit card holders:
1. Those who open an account at SBI Securities via the JCB credit card investment page.
2. Existing clients who switch to the 'JCB Mediation Course' with an already established general account.
Through this service, members will earn 'Oki Doki Points' depending on their investment amount, offering them additional benefits as they invest.
Details of the Investment Service
- - Eligibility: Only individual credit cards from the JCB original series are eligible for this program (excluding corporate and family cards).
- - Point Accumulation: Clients will receive Oki Doki Points based on their investment amounts, with returns varying depending on the products selected for redemption. For comprehensive details on the point system, clients can refer to the JCB website.
- - Terms: Please note that monthly spending thresholds apply only to shopping expenditures. Fees associated with annual membership, shopping loans, cash withdrawal services, and other specific charges are not counted toward the qualifying spend for accumulating points.
Launch Campaigns
In association with the launch of this service, JCB is set to organize two promotional campaigns. These campaigns will be revealed later, offering exciting opportunities for early adopters of the new service.
Financial and Risk Information
It's important to consider that while there are no account opening or management fees associated with SBI Securities, investing products may incur applicable service fees and costs. In addition, investments are subject to market fluctuations that may lead to losses. Clients are advised to carefully review the details provided on SBI Securities' website and ensure they understand the risks associated with each investment before proceeding.
Conclusion
The collaboration between SBI Securities and JCB marks a significant step towards a more integrated financial service experience for credit card holders looking to invest in mutual funds. By leveraging JCB credit cards, investors now have an accessible entry point into mutual funds, potentially enhancing their financial portfolios while enjoying additional rewards through the Oki Doki Points program. For more information about the upcoming campaigns and service details, customers can visit the official JCB and SBI Securities websites.