This article outlines 5 drawbacks of “Money Bridge,” the account-linking service between Rakuten Securities and Rakuten Bank, together with a remedy for each. It highlights the possibility that a debit cannot be made due to insufficient funds, an increase in margin trading buying power, the fact that Rakuten Points do not accrue on regular mutual fund investments, the inability to transfer funds during a system failure, and the risk of reduced preferential rates, along with the relevant remedies.
“Money Bridge,” the account-linking service between Rakuten Securities and Rakuten Bank, has 5 drawbacks that users should be aware of, with a remedy provided for each. The article explains these points in detail.
The first drawback is the possibility that funds cannot be debited from a Rakuten Bank account because of an insufficient balance. The suggested remedy is to set the amount to be left in the bank account in advance.
The second drawback is that margin trading buying power may increase unintentionally. Suggested measures include transferring funds to a time deposit and reviewing the automatic transfer settings.
The third drawback is that Rakuten Points do not accrue when making regular mutual fund investments. The recommended approach is to make regular mutual fund investments using cashless payments.
The fourth drawback is that funds cannot be transferred during a system problem. The article recommends opening a secondary account in advance.
The fifth drawback is the possibility that preferential rates may be reduced. Considering the use of other account-linking services is presented as a remedy.