Advertisements
Do you want to apply for an additional credit card and are unsure about how this financial product works? Take advantage of the opportunity and read the article until the end. Find out what it is, who pays for it, how to apply and the best additional card options available on the market.
Since 1968, with the arrival of the first bank credit card in Brazil, the financial product has spread among consumers.
In 1994 the implementation of the real plan strengthened growth and today the credit card is the most used form of payment in our country.
Over time, the benefits and “perks” granted to customers have increased. We can mention, for example, international medical insurance among many other features.
But, did you know that it is possible to share both the limit and the benefits with everyone in your family?
Advertisements
In fact, an additional credit card is the smartest way to control expenses and generate a better quality of life.
Nowadays, many options offer the possibility of setting individual limits for each dependent, in addition to having a total exemption from the annual fee.
However, the doubts in consumers' minds are alarming. Want to know more about how this payment method works?
So, keep reading and find out all about:
- What is an additional card;
- How does the additional credit card work;
- The best additional credit cards on the market.
What is an additional card?
First of all, the additional card is a “type of independent card” that consumes the cardholder’s credit card limit.
In other words, it is an extra card to share the credit limit of the main card with the entire family and dependents.
Since then, the financial product has become a great tool for providing credit to minors, and thus replacing the famous allowance!
Since, the user can use the credit easily using a password and the financial charges are deducted directly from the main credit card.
How does the additional credit card work?
In principle, the additional card works like a regular credit card, where the consumer uses the limit normally, without needing authorization.
As well as enjoying the same rights as the person responsible for the card, such as benefits, points program, rewards, among others.
The difference is in the single limit, as this is consumed exclusively from the holder's credit card.
In practice, it works like this: let's say, for example, that you have a credit card with a limit of R$$5,000.00 and you request an additional card for a dependent.
The dependent uses the financial product normally, but the amount spent is deducted directly from their R$1,000.00 limit.
How do I request an additional credit card?
The first step to requesting the additional amount is to contact the bank that issued your card and check whether this is possible and what fees are charged.
In many cases, the cardholder must pay a monthly annual fee for the extra card.
On the other hand, some financial institutions release a certain amount of additional features free of charge.
In other words, without any annual fee, it is a great relief for the consumer's pocket.
Afterwards, the holder registers the password and defines the limit for each extra option.
Most of the time, the customer carries out the procedure via the mobile app or internet banking.
Pretty easy and dynamic, right?
Who pays for the additional credit card?
Before you go out and request additional cards for the whole family, it is important to know who will be paying the debt.
After all, the charges go directly to the cardholder's CPF and legally the dependent is not obligated to pay the bill.
So, evaluate your finances and reach an agreement with your dependents. Many credit cards today offer the option to control the limit of additional cards through the app.
However, if this is not your case, it is important to always have an open dialogue with users of extra cards.
This way, you avoid unnecessary debt more effectively.
Does the additional card have a separate invoice?
Rightly so, this is a very common question among consumers and, my dear reader, the answer is no!
Additional card debts do not appear on separate invoices. As mentioned in the previous topic, who pays for the additional credit card is the owner.
Therefore, the additional charge and the holder are included in a single invoice only.
The best additional cards on the market
Well, now that you know everything about what this type of card is and how it works, let's take a look at the best options at the moment?
Inter additional credit card
At first glance, the additional Inter credit card There is no annual fee charged.
There are up to 4 additional free cards available to the cardholder, where expenses are recorded on the same invoice. And the purchase details are displayed individually for each card.
However, the dependent does not have access to the virtual card, which is for the exclusive use of the cardholder.
But nothing prevents you from using the physical version for online purchases.
Another important piece of information is regarding the limit, since does not have the possibility to designate a specific credit limit for each dependent.
Santander additional credit card
Already the Santander additional credit card There is also no annual fee for most products.
Furthermore, spending on the extra card counts as points in the Esfera Loyalty Program, if the cardholder is a participant.
In addition, users can count on discounts at partner establishments, along with the benefits of Mastercard Surpreenda.
The difference, and one of the advantages, is the limit!
After all, the consumer holder has the autonomy to control and define the limits of each additional card through the application.
Additional Itaú credit card
Just like Santander, additional Itaú credit card You also have the option to set a specific limit, all easily through the Itaucard app.
Another benefit is the possibility of sharing the cardholder's advantages with the whole family.
In this case, the additional card has access to several exclusive features, such as 50% discount on cinemas and participation in the points program.
However, one of the negative factors is the annual fee, which is generally 50% cheaper than the holder's.
Bradesco additional credit card
Fourthly, the additional Bradesco credit card is available to dependents over 12 years of age.
And, each card adds individual points in the rewards program. Therefore, sharing the limit with the family results in more points accumulation.
This way, the cardholder can exchange them for benefits, such as airline miles and products, more easily.
In fact, all the benefits of the cardholder's Bradesco credit card are also granted to dependents.
However, there is no option to set a specific limit, but expenses are posted on the same invoice, individually.
This allows the person responsible to have more control over what was spent by each dependent.
Caixa additional credit card
Our last suggestion is the Caixa additional credit card, known as the Caixa Allowance Additional Card.
The financial product is available for all Caixa card lines under the Visa and Mastercard brand.
And, the holder has the autonomy to define and change the limits of each additional card.
The best thing is that the Caixa Mesada Additional Card is free, that is, there are no annual fees.
Conclusion
In conclusion, the additional credit card is an excellent financial product for the whole family.
Especially for children, because in this way, in addition to parents paying their allowance, they also teach their children about financial education and spending control from an early age.
There are countless options on the credit market and among them, we mention the main suggestions from the main banks.
If you are already a customer, to request it, simply access your app or internet banking.
Now, if you don't have any credit cards yet, sign up now and request any additional cards you want right away.
We have selected one of the cards with easy approval to present to you. Click on the button below and find out everything about Santander SX and see how to order yours.
