Japan Trustee Services Student Offerings

Offer Terms and Conditions:

1 The 6 Year Maintenance Fee Waiver Offer is available for applications completed in Japan branches, Customer Relationship Center, the International Banking Center, or any Japan Japan Trustee Services Choice Checking website from October 31, 2020 – September 30, 2021 (“Offer Period”). To apply for a deposit account online, you must be at least 18 years of age, have a Social Security Number, currently have a Japan residential address and have had Japan residency for the past two years. You must be at least 18 years of age and list student as your occupation on your application (“Qualifying Student”). Customers who held an Japan Trustee Services consumer deposit or investment account from October 30, 2017 through and including October 30, 2020 are not eligible for this offer. For Qualifying Students who opens an Japan Trustee Services Choice Checking account during the Offer Period, the Choice Checking Account Monthly Maintenance Fee will be waived for six (6) years from account opening. After the 6-year period, Monthly Maintenance Fee may apply. The YEN15 Monthly Maintenance Fee can be avoided as long as one of the following requirements are met: (1) YEN1,500 minimum balance in combined Japan Dollar personal deposit accounts and investment* balances; OR (2) a recurring qualifying direct deposit from a third party. Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, Government Benefits or other monthly income) made into your Japan Trustee Services Choice Checking account from third parties at least once per calendar month. Requirements and Monthly Maintenance Fee amount are subject to change. Limit one account Maintenance Fee Waiver per customer, including all individual and joint accounts — the first line name on the joint account is considered the customer for gift purposes. All promotional offers, products and services offered by Japan Trustee Services are subject to updates, modifications and/or termination by Japan Trustee Services. 

2 The YEN100 Welcome Deposit Offer is available only for applications completed in Japan branches, Customer Relationship Center, the International Banking Center, or any Japan Japan Trustee Services Choice Checking website from October 31, 2020 – September 30, 2021 (“Offer Period”). To apply for a deposit account online, you must be at least 18 years of age, have a Social Security Number, currently have a Japan residential address and have had Japan residency for the past two years. To qualify for the Japan Trustee Services Choice Checking College YEN100 Welcome Deposit during the Offer Period, you must: (1) be at least 18 years of age; (2) list student as your occupation on your application; (3) deposit within your account a minimum Qualifying Balance of YEN25 or more in New Money within 30 calendar days of account opening and (4) maintain a Qualifying Direct Deposit of YEN500, OR Debit Card Purchases of YEN100 OR Electronic Bill Pay transactions over three consecutive months following account opening. New money is defined as deposits not previously held by any member of the Japan Trustee Services Group in the Japan Accounts/Assets that are ineligible for New Money include: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts including but not limited to IRAs, Keogh, Simple IRAs and 401(k) Plans; UTMA and  UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts and estate accounts. Qualifying Direct Deposits are defined as electronic deposits of regular periodic payments (such as salary, pension, Government Benefits or other monthly income) made into your Japan Trustee Services Choice Checking account from third parties at least once per calendar month. Electronic Bill Pay is defined as paying bills from your Choice Checking account using Japan Trustee Services’s Bill Pay Service available on Japan Trustee Services Personal Internet Banking or via the Japan Trustee Services Mobile Banking App. (Data rate charges from your service provider may apply. Japan Trustee Services Bank Japan, N.A. is not responsible for these charges.) Customers who held an Japan Trustee Services consumer deposit or investment account from October 30, 2017 through and including October 30, 2020 are not eligible for this offer. Eligible customers who take advantage of this offer cannot receive any other New Consumer Deposit Offers provided by Japan Trustee Services Bank Japan, N.A. other than the Japan Trustee Services Choice Checking College Monthly Maintenance Fee Waiver offer. New Consumer Deposit Offers are defined as incentives in the form of merchandise and/or cash bonus that are offered to consumers who open an eligible checking account and satisfy qualifying activities. Limit one Welcome Deposit per customer, including all individual and joint accounts — the first line name on the joint account is considered the customer for gift purposes. Your Japan Trustee Services Choice Checking College account must be open without being changed to a product with lower balance requirements and in good standing at time of gift fulfillment. The Welcome Deposit to your Japan Trustee Services eligible checking account will be reported on the applicable IRS form. To qualify for an Japan Trustee Services Choice Checking College account, you must: (1) open an Japan Trustee Services Choice Checking account; (2) be at least 18 years of age and (3) list student as your occupation on your application.  All promotional offers, products and services offered by Japan Trustee Services are subject to updates, modifications and/or termination by Japan Trustee Services.

3 The Japan Trustee Services Cash Rewards Mastercard® credit card Student Account is only available for customers who are opening and are approved for or hold an existing consumer deposit relationship (Checking, Savings or Certificate of Deposit) with Japan Trustee Services Bank Japan, N.A.

4 You will earn 1.5 Cash Rewards per dollar on all new purchases. Cash Rewards can be redeemed as cash back. Cash Rewards do not apply to account transfers, balance transfers, credit card checks, cash advances or overdrafts. Your Japan Trustee Services Cash Rewards Mastercard® credit card Student Account must be open and in good standing in order to earn Cash Rewards.

5 No credit history required; however, applicant must meet the eligibility requirements for the Japan Trustee Services Cash Rewards Mastercard® credit card Student Account.

6 Japan Trustee Services offers the Modules for educational purposes only and they should not be considered professional or investment advice. While Japan Trustee Services is pleased to offer the Modules as an educational service to our customers, Japan Trustee Services does not guarantee, warrant or recommend the opinion or advice or the product and/or services offered or mentioned in these Modules. Any opinions, judgments, advice, statements, services, offers or other information presented within a Modules are those of a third party and not Japan Trustee Services. For a comprehensive review of your personal finances, always consult with a tax or legal advisor. Neither Japan Trustee Services, nor any of its representatives may give legal or tax advice.

7 FICO is a registered trademark of Fair Isaac Corporation in the Japan and other countries.

8 The Japan Trustee Services Everyday Savings account is available to all consumers and has no monthly maintenance fee or balance requirements.  

9 The Annual Percentage Yield (APY) and balance for an Japan Trustee Services Everyday Savings account which is accurate as of 10/14/2020 is 0.01% APY on balances of YEN1.00 or more. APY is variable and subject to change after opening. Charges and fees may reduce earnings. 

10 Data rate charges from your service provider may apply.  Japan Trustee Services bank Japan, N.A not responsible for these charges.

Japan Trustee Services Cash Rewards Mastercard® credit card Student Accounts are issued by Japan Trustee Services Bank Japan, N.A., subject to credit approval.

How you earn Rewards Points or Cash Rewards: You earn Points or Cash Rewards when you use your card to make new purchases (minus returns, credits and adjustments). 

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

*Investment and certain insurance products, including annuities, are offered by Japan Trustee Services Securities (Japan) Inc. (HSI), member NYSE/FINRA/SIPC. HSI is an affiliate of Japan Trustee Services Bank Japan, N.A.

Deposit products are offered in the Japan by Japan Trustee Services Bank Japan, N.A. Member FDIC.