What's the best credit card in 2021? See 10 options!
With so many card options available today, how do you know which credit card is best for you? Simple! Read on, check out the tips we've prepared for you, and discover the ideal card for your everyday life!
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A credit card is an essential accessory in many people's wallets. After all, in addition to bringing all your expenses together in one place, it also allows customers to make purchases in installments and without paying interest on the transaction.
Because credit cards are so popular, they offer a wide range of features, and they come in a variety of formats. So, how do you know which credit card is best for you?
The answer isn't straightforward, as each card will be better suited to a different customer profile. However, we've provided all the information you need to understand which card is best for your spending profile.
Want to learn more? Then keep reading and find out which credit card is right for you!
1 – Nubank
How does it work?
The Nubank credit card is an international Mastercard card and is accepted at more than 30 million establishments.
It can be requested via your cell phone, saving you from having to travel to a financial institution and spending hours of your time unnecessarily.
This card has very interesting benefits and is available to all people over 18 years of age who reside in Brazil, have a valid CPF with the Federal Revenue Service, make the request and are approved in the registration and credit analysis.
Benefits
The benefits of this card are based on:
- Ease of application,
- Reduced bureaucracy and annual fee, which is free for most of the company's cards.
Another really cool benefit is that when you pay off your card installments early, you get a discount on the installment.
What is the annual fee?
The annual fee for the Nubank credit card is free for those who do not subscribe to the Nubank Rewards plan. For those who decide to join Rewards, the annual fee costs a total of R$ 190. This unique plan has several benefits.
It is worth noting that the card with no annual fee fulfills its role well, only leaving something to be desired in terms of the points and air miles system, which only Rewards has.
If you are interested in learning more about the most complete plan, access the full regulations at Nubank platform.
2 – Magalu – The best credit card for Magazine customers
How does the best credit card for Magazine customers work?
The Magalu card is a card from the Magazine Luiza group. However, because it carries the Visa logo, it is accepted for purchases nationwide and internationally.
Card expenses can be tracked through the app Luiza card. This card does not have ease at the time of request and can't be linked to your account, like Nubank, because Magazine Luiza isn't a bank. However, it makes up for it with the cashback benefit.
Benefits
The Magalu card has no annuities and still has 4% cashback, that is, for every purchase you make with the Magalu card you will receive 4% of the value back.
What is the annual fee?
Like the Nubank card, the Magalu Visa Platinum card also has no annual fee. However, it also doesn't have a points system for redeeming for products or airline tickets.
3 – Decolar Santander – The best credit card for accumulating miles and traveling!
How does it work?
The Decolar Santander card is a card created in partnership with Decolar, a platform specializing in travel, Santander and Visa.
Its target audience is people who love to travel and want to accumulate points with their card purchases to exchange for travel.
While the idea is great, other cards have been doing this for a long time. So, we'll share the values and benefits of this card here so you can compare.
Benefits
In addition to traditional airline miles, this card offers some extra benefits for frequent travelers. These include:
- Purchases made on the Decolar website accumulate extra points.
- Purchases made on your international trips also earn you extra points.
- When purchasing the card, the customer already receives a bonus of 20 thousand points and all points accumulated on the card do not expire!
- Purchases made on the Decolar website with Decolar Santander can be paid in up to 15 interest-free installments.
What is the annual fee?
The Decolar Santander card has three card options and the annual fee is different for each of them.
This value is proportional to the number of points received for each dollar spent and the number of points received as a bonus at the time of hiring.
See the table below for information about each card:
| DecolarSantander Visa Infinite | DecolarSantander Visa Platinum | DecolarSantander Visa Gold | |
| Bonus | 20,000 bonus points | 10,000 bonus points | 5,000 bonus points |
| Points per Dollar | Up to 3.5 points for every dollar spent | Up to 3 points for every dollar spent | Up to 2.6 points for every dollar spent |
| Annuity | R$ 1.150 | R$ 552 | R$ 370 |
4 – Digio – the best credit card with no recurring interest rates
How does the best credit card with no revolving interest rates work?
The Digio credit card is Visa-branded and is widely accepted both nationally and internationally.
Like its competitors, it can be requested via your smartphone, as long as you are over 18 years old, your CPF is in order with the Federal Revenue Service, and you are not on the negative list.
Benefits
The Digio card is ideal for those who don't want to pay an annual fee and for consumers who tend to max out their cards and use revolving credit. Besides being not have an annual fee, also has a option of installment of the invoice.
He prevents debt from snowballing and you end up paying interest on interest. However, it's worth noting that this installment plan also has interest, but less than revolving credit.
What is the annual fee?
The Digio card has no annual fee.
5 – Next
How does it work?
Next is a digital bank that has been in the market since 2017. It offers a credit card option for customers who already have an account. In other words, if you choose this card option, you'll need to open an account with Next.
But don't worry, after all, everything is free and the account opening process is quick and convenient.
After opening your account, you'll request a card and receive it at your home. The card will be the same for credit and debit cards and will be Visa International.
Benefits
No annual fee and with international coverage
The main benefit of the Visa International card is the absence of an annual fee.
Points Program selected the Visa Platinum option
The Visa Platinum card has a points program as a strong point.
Visa Benefits with Cashback and Donation Program
Regarding other benefits, both offer cashback, a minimally bureaucratic card application process, and the Visa donation program. This means that every purchase you make turns into a Visa donation to a social cause.
What is the annual fee?
There are two types of cards at Next, Visa International and Visa Platinum.
The difference between them is that Platinum has a rewards program, Platinum benefits, such as emergency withdrawal service, and progressive annual fee discounts.
As for the annual fee, the Visa International has no annual fee and the Platinum has a monthly fee after the fifth month of use, which amounts to R$42.50 per month.
6 – Itaucard Click
How does it work?
Although Itaú is a bank, there is no need to open an account to obtain the Itaucard Click card.
This card has two available brands: Visa and Mastercard, and starts with an initial limit based on your credit score. However, after three months of using the card and paying on time, you can request an increase in the limit.
Benefits
Free annual fee and rewards program
The Itaú Click card has a waived annual fee and a rewards program. For every R$1 spent on the card, you earn 3 points to exchange for products, services, or experiences on the Iupp platform.
Integration with digital wallets
Another interesting benefit for technology enthusiasts is the digital wallet tool: by registering your card in the Itaucard app, you can make payments using your cell phone or smartwatch.
What is the annual fee?
The annual fee is free.
7 – PAN, the best zero-annual-fee credit card
How does Banco Pan's best zero-annual-fee credit card work?
PAN offers a Mastercard credit card, which has some unique features, such as partnerships with partner pharmacies and an offer club for discounts on travel, restaurants, stores, and online partners.
Benefits
- Free annual fee;
- Additional card and
- Option to pay the invoice in installments, preventing the customer from using revolving credit.
What is the annual fee?
The annual fee is free.
8 – BMG – The best credit card that helps you save
How does it work?
Banco BMG has two types of cards: digital account credit card and the payroll credit card.
Both are Mastercard-branded and the difference between them is that the payroll credit card is intended for retirees, INSS pensioners and public servants.
Therefore, it has different interest rates and a minimum amount established for debiting from the payroll.
Benefits
The digital account credit card offers cashback on both credit and debit purchases.
Cashback on credit and debit cards
It also has a benefits club, with exclusive discounts on products and services.
Exclusive benefits for retirees and pensioners
The loan has specific benefits for retirees, INSS pensioners and public servants mentioned above.
No annual fee
Both modalities have free annual fees.
What is the annual fee?
BMG card annual fees are free.
9 – Mélliuz
How does it work?
The Mélliuz card is from Banco PAN and carries the international Mastercard brand. The credit limit for this card is determined by Banco PAN's credit analysis, based on your financial profile.
Furthermore, it is exempt from transaction fees and is accepted in thousands of commercial establishments in Brazil and around the world.
Benefits
The Mélliuz credit card has a free annual fee and the benefit of receiving up to 1.8% on all purchases, through cashback. This amount can be withdrawn directly to your account without paying any fees.
What is the annual fee?
The annual fee here is also free.
10 – SIM Box
How does it work?
The SIM card is the cheapest card from Caixa Econômica Federal and can be issued with the Elo or Visa brand.
With it, you can control your expenses through the CEF app, receive free SMS about your expenses, and also receive your invoice in your email.
Purchases can be paid in interest-free installments or up to 24 interest-bearing installments. To apply, you can visit a physical branch or apply online.
Benefits
The Caixa SIM credit card has no annual fee and the option to pay your bill in installments.
What is the annual fee?
Free annual fee.
How to choose the best credit card option?
To choose the most suitable credit card, you should answer the following questions and draw up a profile of what is most important to you:
- Do you prefer free annual fees or a good rewards program?
- Is cashback important?
- Is invoice installment necessary for you?
- Do you travel a lot? Would it be worth having miles?
- Is it important to make it easy to apply for a card?
- Would a free additional card be a good benefit?
So, what's the best credit card for you?
Now that you know the ten best credit card options available today, have you been able to choose which one is best for you?
Please note that the main difference between free cards and cards with no annual fee is whether or not the card has a points system for exchange.
However, there is one card on the list that has both features in the same card, the Itaucard Click card. Besides this card, the only one on the list that also has a scoring system is the Take off Santander.
The other cards mentioned have very similar features. Most of them have no annual fee, but they differ in other benefits such as cashback and the option to pay in installments.
If you've already chosen your card, let us know! Leave the name of your chosen card in the comments and explain why you chose it. Also, stay tuned for the tips and updates we bring you.
