It's not about stock prices, but a 15% return rate is amazin...

大負けネコ : Good morning

Let's talk about the 'Profit Rate' of financial crediting cards. While '15% is amazing' for sure, surprisingly each company also has an amazing profit rate for 'convenience store usage'. Since last year, I've been studying 'which company has the highest point granting rate?' by opening new accounts with the 'mega bank series' shareholders and issuing 'partner crediting & debit cards'.

I do have all three major 'mega bank shares'. But not all of them have 'over 100 shares per unit'. Only ◯ Hishio ◯ FJ Bank, with 1 unit. ◯ Isumi ◯ Sumi Bank has 10 shares? And ◯ Zuho Bank only has 8 shares. About 10 years ago, I owned '500 shares' of ◯ Zuho Bank when the stock price was @188 yen, but due to a rare 'share consolidation, 10 shares ⇒ 1 share', it changed to 50 shares, and the stock price became @1,880 yen, which means '10 times the stock price, but 1/10 of the shares'.

With the recent trend of 'long-term interest rates ⇒ rate hikes', understanding the movements of financial institutions has become like a 'required course', right? In the process, I had doubts about 'how each company's services differ', so I opened a new account for 'service verification'.

Since I already had a Gold card from ◯ Isumi ◯ Tomo Bank's affiliate ◯ Isumi ◯ Tomo Shin ◯ Bank (= for home loan repayment), I thought I didn't need it. But since I was using an affiliate online securities service, I decided to try using the new '◯ Mitsui Sumitomo Card NL (= Numberless)'. The catchphrase is 'high convenience store usage granting rate & convenient to use anywhere', but the maximum granting rate for convenience store usage is 'up to 10%'. Up to +5% for touch payments, and additional +5% for 'family point family registration' (= +10%), making the maximum conditions surprisingly complicated ️

Could it be a 'loss-cut stock'? ◯ Hishio ◯ FJ Bank. I purchased one unit at around '@1,300 yen' last June. There was quite a struggle with this decision. It was because about 10 years ago, when 'I still didn't have extra funds' and was aiming for shareholder bonus shares, ◯ Mitsubishi ◯ FJ was the only bank with 'shareholder benefits', but it was so disappointing with just 'one handkerchief towel', so I stopped. The stock price was around '@650 yen' at that time ⇒ and it was about twice the stock price at '@1,300 yen' at the time of purchase last year... It was a struggle of 'if only I had bought it back then' (lol).
Other cards were more convenient, so I left it untouched without opening an account until June this year, and then I received a 'secret? hidden benefit' campaign announcement along with the dividend calculation statement in July. The content was 'limited to individual shareholders, first 0.01 million people, open an account & deposit over 0.1 million yen ⇒ instantly receive 0.01 million yen as a gift ️'. I promptly applied for 'account opening'. Although the interest rate for holding funds for over a year is 'a mere 0.02%', resulting in 'interest of 20 yen for one year', 'I don't care about that' ️. By depositing for over a year, it's '0.01 million yen as a gift', so the 'overall interest rate ≈ 10,020 yen ÷ 100,000 yen = ️10.02%'. You need the power to act beyond the 'first 0.01 million people barrier', but I think it's because it's the 'No.1 mega bank' that you can have access to a 'secret hidden benefit' that 'no one is talking about' online. What's sneaky is that '0.01 million people × 0.01 million yen = 0.1 billion yen cost' ⇒ '0.1 million yen × 0.01 million people = 10 billion yen in one-year deposit acquisition'. Amazing.

I'm getting off track. During the 'campaign (= until 7/31)' at that time, it was a 'maximum 19% global point return'. Starting with +5.5% for convenience store and other designated stores, +4% for designated payment accounts, up to +1.5% for monthly shopping usage, and +0.5% for app logins, totaling up to the maximum 11.5%. Additional +5% for installment payments of 0.01 million yen or more or 'Raku pay registration', +0.5% for mobile phone 'designated pay payment', +0.5% for mobile phone or electricity bill payments, and if you meet 4 out of the last 5 conditions, +1.5%, totaling up to a maximum of +19%. 'It's still a hassle ️'.

By the way, there are also various campaigns for opening an account with ◯ Zuho Bank, but things like app registration are 'too much trouble ️'. Let's be 'cautious' about the 'campaign completion conditions' that seem like a good deal. Sorry for the long message