Complete Guide to Earning & Using V Point 2026｜SMBC Card × Touch Payment × SBI
Earn V Point with "SMBC Card × Vpass × Partner Stores"
V Point is the unified loyalty point created in 2024 when the old T Point and the old V Point merged. Its hallmark is that you can earn and spend it across the SMBC group and at partner stores nationwide, centered on the Sumitomo Mitsui (SMBC) Card. Key strengths include high cashback when you use touch (contactless) payment at target stores such as convenience stores, plus earning on SBI Securities card-based fund investing. This guide organizes how to earn and use V Point. Read it alongside the card-fund investing guide and the card ranking guide.
Main ways to earn V Point
| Method | Cashback guide | Notes |
|---|---|---|
| Touch payment at target stores | Up to ~7% | High cashback at convenience/dining target stores |
| SMBC Card regular payment | 0.5%+ | Earns broadly on everyday spending |
| SBI Securities card investing | 0.5–several % | Points on fund accumulation |
| Via a point site | +0.5–1% | When a routed offer exists |
* Cashback rates, target stores, and caps change. Check the official SMBC Card site for the latest. For routed cashback on online shopping, check Pointnavi.
Main ways to use V Point
- Apply to your card bill / spend in store1 point = 1 yen. Use it for card cashback or to pay at partner stores.
- Invest via SBI SecuritiesYou can use V Point to buy funds. Card-fund investing guide.
- Exchange for other points/gift cardsIn some cases you can convert to partner points or gift cards.
- Burn limited-period points firstCampaign points can expire quickly. Use them first. Expiry-prevention guide.
V Point's strengths are "up to ~7% cashback with touch payment at target stores" and "integration with SBI Securities." Make the SMBC Card your main card, use touch payment at convenience stores/dining, invest via SBI Securities card accumulation, and route online shopping through a point site — these three habits earn efficiently. Card ranking guide.
Cautions
- High cashback requires "target store + touch payment": outside target stores or with other payment methods you only get the base rate. Check the conditions.
- There are cashback caps: high cashback usually has a monthly cap. Card ranking guide.
- Check the migration from old T Point: some specs changed with the merger. Confirm your balance and linkage status.
- Track rule changes: rates and target stores can change. Check the latest.
FAQ
How does V Point relate to the old T Point?
How do I earn V Point efficiently?
What can I use V Point for?
This article was written from publicly available information on each point site as of May 2026. Cashback rates, campaign terms, and redemption rules can change without notice — always check each site's official page for the latest. This site uses each point site's referral program, but going through a referral link never changes the rate you receive.