Magalu Credit Card with No Annual Fee

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Consultacred Content Team
May 15, 2022

Description

Magalu credit card annual fee

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Zero.


Minimum income

To sign up for the new Magalu credit card, the customer must prove an income of at least R$1,400.00.


Card Type: International

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This card has international coverage, so you can make purchases within Brazil and abroad in all establishments that accept Visa. 


Flag: Visa

The card is Visa Platinum, one of the best and most widely accepted worldwide. In addition, customers have exclusive benefits, such as:

  • Travel assistance insurance;
  • Rental vehicle insurance;
  • International medical emergency insurance;
  • Free Valet in shopping malls and restaurants;
  • Participation in the Vai de Visa rewards program.

Limit

The credit limit varies according to the income and credit analysis of each individual customer.


Benefits of the Magalu credit card with no annual fee

In addition to the benefits of the brand, the card has many advantages, especially regarding purchases made at Loja Magazine, as you will see in the lines below:

  • Cashback: When activating the digital account, the customer earns 2% Cashback on purchases made in the Store. The money is deposited into the account within 30 days, immediately after the procedure.
  • Payment in up to 24 installments: the installment plan to purchase the products of your dreams now has more flexibility. Because, using the card The consumer can pay in up to 24 installments without additional interest!
  • Special discounts: In addition to discounts at the Magazine store, customers have access to several promotions at partner establishments. 

Emergency credit: If you reach your credit card limit, Magalu offers an emergency limit to allow you to make your next purchase. This is without charging fees or charges.

 


How do I apply for a Magalu credit card with no annual fee?

The application for the Magalu credit card with no annual fee is made through the Itaú website or Magalu app. Then, just access the desired platform and enter your CPF number and other requested information.

Once approved, you will receive a notification via email, SMS or app. Then, accept the terms and conditions of the contract and wait for your credit card to be delivered to the address you selected. 

Did you enjoy learning about this card? The Consulta Cred team is here to help you find the best financial product that fits your profile exactly. Request yours now without any complications. Click the button below and fill out the form. membership form!


Brand

Itau Bank

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