Store Credit Card: Is It Worth Applying For?

On any trip to the mall, when you enter a store to “take a look”, one of the salespeople always comes along and offers you the opportunity to get a store credit card.

Our automatic response is usually: no, thanks. But what we often overlook is that many of these cards can provide us with countless benefits, not just at the store in question.

Currently, this practice has also expanded to online stores, and the supply of these credit cards has increased significantly. By choosing the right option, you can enjoy many advantages.

With that in mind, we've prepared this article to answer the question: is it worth getting a store credit card? The answer will certainly open your mind and show you a world of advantageous options.

Happy reading.

What is a store credit card?

In practice, a store credit card works in the same way as a bank card, including Visa, Mastercard, Elo and similar cards, and can be used in any establishment.

Some models do not have a brand, as the objective is for the consumer to use it in the store where it was issued, and to be able to make their purchases with discounts and other advantages.

Offering this type of card has always been a very common practice in department stores, but it can now also be purchased at online stores, supermarkets and other establishments, as it also works as a way to build customer loyalty.

After all, is it worth getting a store credit card?

The answer to that question is: it depends.

Because store credit card offers today are so broad and varied that it's difficult to say which options are truly advantageous.

The point here is that in general, it will depend on how much you spend in a particular store, because if the volume of purchases is high, it is worth having a card that offers discounts, in this case, thinking about the models without a brand.

As for branded cards, they can be used outside the establishment that issued them, so it is necessary to analyze whether there is an annual fee, what fees are involved, whether there is a benefits club, miles and the like, and especially whether these benefits overlap with those of a bank card, for example.

Who can apply for a store credit card?

Since the main idea behind these cards is to generate loyalty, the first thing you need to do to apply is to register with the store in question.

Additionally, you will be asked for relevant financial information, such as proof of income, professional information, etc.

It's common for most stores to conduct a credit check before issuing a card, but as options have increased, it's now possible to get one even if you have a negative credit history, always considering the fees involved, of course.

Store Credit Card Examples

In fact, the supply of store credit cards has increased significantly, but even so, the most iconic examples are those of large department stores, due to the credibility that brands have in offering this type of benefit.

So, to illustrate, there's nothing better than talking about cards from major retail companies that generally offer cards with greater benefits to their customers.

See 5 examples below:

Marisa Credit Card

Marisa clothing and other goods stores offer a credit card that allows you to pay for your purchases in up to 12 interest-free installments through the store's website.

Additionally, those who choose to pay in up to 5 interest-free installments get 40 days before they have to start paying for their purchases. Those who choose to pay in 8 interest-free installments get 100 days to start making payments.

These options are interesting so you can better control your finances and still purchase your pieces from Marisa stores.

Extra Credit Card

Extra's store credit card options are accepted internationally and can come with the Visa or Mastercard logo.

Not only that, you can control the information and benefits of your Extra card through the Itaucard app.

Finally, this credit card entitles you to Clube Extra, a program full of benefits with discounts for customers who can also participate in points programs offered by the card brand in question.

Magalu Credit Card

Magalu credit cards are a great option because they have zero annual fees, so you can apply without paying any fees, even after use.

Another great advantage of Magalu credit cards is the possibility of cashback on all your purchases in stores, whether online or in-store.

Pay using your card and receive cashback directly in your Magalu SuperApp. Magalu is also a payment option. credit card approved with low score!

Submarino Credit Card

With the Submarino store credit card, your purchases on the website over 50 reais can be divided into up to 12 interest-free installments or 21 interest-bearing installments debited directly from your card limit.

It has an extended limit for purchases on the Submarino website, leaving the other part for you to use at other establishments.

There's the Léguas program to accumulate points with every purchase and there's also the Vai de Visa program, which entitles you to cashback.

The cardholder has an annual fee of 12 installments of R$ 15.70, while the additional cards have zero annual fee.

Riachuelo Credit Card

The credit cards offered by Riachuelo offer limits that can range from R$$ 500 to R$$ 3000 depending on proof of income, score and other attributes.

It is worth remembering that this limit can be increased depending on usage.

Necessary care with store credit cards

As you have seen, each store can offer a type of credit card different, some with more and others with fewer advantages, so you need to be careful before requesting yours.

In addition, other precautions are important, such as having a well-designed financial plan, an income that covers the limit, and caution in using it.

Another option is to opt for options with no annual fee, which reduces your budget. Store credit cards with cashback are also a way to balance your finances and take advantage of the benefits.

With the help of Consulta Cred, you can evaluate and compare various credit card options from different stores, click and check it out.

Did you like the content? Read other articles on the subject on the Consulta Cred blog!