XRP News Today: Aplus Credit Cardholders Can Now Convert Points to Cryptocurrencies

On July 8, 2025, Aplus, a credit card and financial services company under Japan’s Shinsei Bank Group, collaborated with SBI VC Trade, the cryptocurrency exchange division of SBI Holdings, to introduce a pioneering rewards program. This program allows Aplus credit cardholders to convert their reward points into cryptocurrencies, including XRP, Bitcoin, and Ether. This marks the first time cryptocurrencies have been incorporated as redeemable assets within the Aplus Points program, making Aplus the first major Japanese loyalty program to enable direct conversion of points to cryptocurrencies.

Previously, Aplus points could be redeemed for cash, merchandise, or airline miles. The new feature connects everyday spending with digital assets, allowing cardholders to redeem 2,100 Aplus points for over 2,000 Japanese yen worth of cryptocurrency. This initiative highlights SBI’s commitment to promoting cryptocurrency adoption in Japan, particularly through its support for XRP. The program simplifies access to digital assets, providing an easy, cash-free way for users to acquire cryptocurrencies.

The Aplus Points system rewards customers based on their monthly credit card spending. For every 200 yen spent with an Aplus credit card, users earn 1 Aplus point. If a user spends 50,000 yen or more monthly, they receive an extra 0.5% bonus on their points, encouraging higher card usage. Points remain valid for two years from the month they’re earned, giving users plenty of time to redeem them. With the new cryptocurrency integration, users can now convert 2,100 Aplus points into over 2,000 yen worth of cryptocurrency, equivalent to about $13-$15 as of July 15, 2025, depending on exchange rates. This option applies to three supported digital assets: XRP, BTC, and ETH. The process offers a simple, cash-free way for everyday users to enter the cryptocurrency market without needing direct investment or technical knowledge.

Including XRP in the Aplus point redemption system aligns with SBI Holdings’ long-standing partnership with Ripple. It is in sync with XRP’s utility in Japan’s growing digital economy. XRP was the first cryptocurrency offered on SBI VC Trade when it began operations in 2018. Since then, SBI has expanded its XRP-related services to include lending and non-fungible token (NFT) projects on the XRP Ledger (XRPL). XRP’s fast transaction speeds and low fees make it well-suited for cross-border payments, offering cost advantages over Bitcoin and Ethereum. Japan’s clear regulatory framework for digital assets, established by the Financial Services Agency (FSA), supports cryptocurrency adoption while ensuring investor protection. This regulatory clarity enables entities like SBI and Aplus to integrate cryptocurrencies into consumer finance smoothly.

The integration of XRP into the Aplus point system provides consumers with a simple, risk-free way to access cryptocurrency without using cash. By making everyday purchases with an Aplus credit card, users earn points that can be converted into XRP, BTC, or Ether through the Aplus portal or SBI VC Trade. Although the redemption value of 2,000 yen (for 2,100 points) may seem small, it offers a practical link between regular spending and owning digital assets. This approach makes cryptocurrency more accessible to everyday users, particularly those cautious about direct investments. The system is ideal for both newcomers to cryptocurrency and those seeking to diversify their loyalty point usage. It simplifies the process of entering the crypto market and supports wider adoption of digital assets within Japan’s regulated financial environment.

Integrating XRP with Aplus credit points represents a strategic expansion of SBI’s financial ecosystem. It links SBI’s traditional banking services, credit card operations, and cryptocurrency exchange (SBI VC Trade) with consumer-focused digital asset rewards. This initiative strengthens SBI’s interconnected financial services and demonstrates its strong commitment to promoting cryptocurrency adoption in Japan. By including XRP as a reward option, SBI showcases a clear pro-cryptocurrency stance, setting an example for other banks in Japan and Asia. This move positions SBI as a leader in connecting traditional finance with blockchain technology. The initiative supports SBI’s goal of integrating XRP into mainstream finance, with company executives describing XRP adoption as a significant opportunity for wealth creation. This integration highlights XRP’s practical value and reinforces SBI’s role in shaping the future of digital finance.

The option to earn cryptocurrency through credit card points is part of a global trend to blend digital assets with everyday consumer finance. Japan’s Aplus-XRP integration advances this idea, which is distinguished by clear regulations and strong institutional support. With well-set cryptocurrency laws overseen by the FSA, Japan offers a stable environment for such innovations, serving as a model for other countries exploring regulated crypto adoption. Unlike speculative trading platforms, the Aplus program is a user-friendly initiative to simplify digital assets for consumers. It prioritizes accessibility and education, enabling everyday users to engage with cryptocurrencies without financial risk. By incorporating XRP and other digital assets into a familiar rewards system, the program introduces digital finance to a broader audience, potentially encouraging wider global cryptocurrency adoption.

While the XRP-Aplus integration provides an innovative way to enter the cryptocurrency market, it has certain limitations and considerations. The redemption amount of 2,000 yen worth of cryptocurrency for 2,100 points is relatively small and may not attract significant engagement or sustained interest, particularly from experienced investors. Users must adhere to Japan’s cryptocurrency regulations, including potential tax obligations if the redeemed cryptocurrency appreciates in value and is later sold. Users are responsible for managing their digital assets through SBI VC Trade or transferring them to personal wallets, raising important questions about custody and security. It is currently unclear if redemptions can occur regularly each month or if any restrictions exist, which could impact the program’s overall appeal. Given these factors, clear guidelines and user education are essential for a smooth and well-informed experience in this new initiative.