Mitsui Sumitomo Bank and Sumitomo Mitsui Card have launched “Olive Infinite,” the highest tier of their comprehensive retail financial service “Olive.”
The core product of Olive Infinite, the “Olive Flexible Pay Visa Infinite,” is a card equipped with Visa’s highest rank, “Visa Infinite,” and normally carries an annual fee of 99,000 yen (tax included). By using the “Olive Asset Management Service” and meeting certain conditions, the annual fee can be waived.
As benefits for the bank account, fees for SMBC Direct transfers to other banks and for convenience store ATM usage are waived up to 10 times per month, while ATM fees at Mitsui Sumitomo Bank branches and ATMs are waived an unlimited number of times. Fees for fixed automatic deposits and fixed automatic transfers are also waived without limit. Members can additionally choose three selectable benefits. Furthermore, the point reward rate on Sumitomo Mitsui Card investment savings (normally up to 4%) is increased by up to 2 percentage points, allowing cardholders to earn up to 6% in points.
Original, members-only events will also be held. To commemorate the launch, there are plans to invite members to a private dinner at “CYCLE by Mauro Colagreco,” a one-star restaurant in the MICHELIN Guide Tokyo 2026.
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