Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Card Company announced the launch of 'Olive Infinite', the new top-tier rank for their retail financial service 'Olive', on May 26, 2026 (Tuesday).
This service aims to combine the premium card experience of the 'Sumitomo Mitsui Card Visa Infinite' with the value of integrated banking and securities services, supporting customers throughout their daily lives and major milestones.
Key Benefits of 'Olive Infinite':
1. Olive Flexible Pay Visa Infinite The flexible pay payment function now includes 'Visa Infinite', the highest tier in the Visa network, offering superior service and economic value.
2. Asset Management Support Benefits By utilizing the 'Olive Asset Management Service', customers receive: - Annual fee waiver: The 'Olive Flexible Pay Visa Infinite' (standard annual fee: 99,000 yen including tax) is free. - Increased points for credit card installment investments: Up to an additional 2% added to the standard points rate (up to 4%).
3. Original Event Programs In addition to events shared with the 'Sumitomo Mitsui Card Visa Infinite', exclusive 'Olive Infinite' original events will be held, such as the release commemorative private dinner.
4. Banking Account Benefits High-tier banking services commensurate with the premium status: - SMBC Direct transfers to other banks: Free up to 10 times/month. - Convenience store ATM fees: Free up to 10 times/month. - SMBC branch ATMs: Unlimited free withdrawals. - Fixed-amount automatic deposits: Unlimited free. - Fixed-amount automatic transfers (Kichinto Furikomi): Unlimited free. - Selectable benefits: Choose up to 3.
FACT BOX
- Source: PR TIMES
- Category: New Product
- Products / services: Olive / Olive Infinite