What is a store card?
What is a store card? Read our article and find out what it is. Plus, learn about some great current options.
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This card model differs from the normal credit card, however, it is also very advantageous and full of exclusive benefits.
In today's article, you will learn what is a store card and much more! See what we have prepared for you below!
- What is a;
- Why should I have one?;
- Best store cards on the market;
- Summary.
So be sure to check it out!
What is a store card and how does it work?
The store card is an extension and modernization of the credit card. It builds customer loyalty and simplifies the purchasing process.
When you have a store card, you will always make your purchases at this establishment; it will certainly become a primary option among other stores.
In addition, always keep an eye on the promotions and offers the establishment offers to customers who have your card.
As a result, the chances of purchasing from the store increase.
The store card is exclusively for making purchases at the store in question, and you can even pay for your purchases in installments, even interest-free and with longer terms.
I.e, the What is a store card?
A credit card, but it is only accepted in one place, in all chain stores, mainly online.
This version does not have a brand, but some stores already issue the option of a store card with a brand, in which case the credit card is accepted everywhere.
The main differences between these two card models is that the credit card, in addition to being accepted in millions of establishments, even abroad, has benefits offered by the card's issuing bank and brands.
However, the cost of the store card is lower, for example, most have no annual fee and the interest rates are lower.
The risk of default with this card model is lower, so it has better payment conditions.
Why should I have a store card?
Well, the store card is a great option for those who are starting their financial life or have never had a card.
With it, you can have better control over your spending and create a habit of using it correctly.
The chances of defaulting on a store card are lower, as it is only accepted in one place.
But they do exist! This is more common than you might think. Many people end up not using it correctly and ultimately can't afford the installments.
To avoid debt, first of all, choose a card that meets your needs, or most of them.
For example, with a Pernambucanas store card you can buy clothes, homeware, bath utensils, decorations, cell phones, etc.
In other words, the more varied the store, the better it will meet your needs.
It is important to keep in mind that a store card can also be harmful if used incorrectly, and to use it only in important situations, always with awareness and caution.
Never let the installment amount exceed 30% of your salary.
Even if you have other store or credit cards, the sum of the installments on all of them should not exceed 30% of your income.
Certainly, following this rule will make it easier to control your expenses and avoid unnecessary debt.
So, besides knowing what is a store card, now, you also know why you should have one.
Therefore, below you will find some of the best store card options on the market.
Be sure to continue reading.
What is a store card: the best options on the market and how to apply.
As mentioned, you should choose a card that best meets your needs.
Additionally, it's a good idea to compare to see which one has the lowest cost and most benefits, such as discounts and exclusive offers.
See below for some options that meet these requirements.
MBANK Marisa Card
With the Mbank Marisa card, you can pay for your purchases in up to 12 interest-free installments and make the first payment 100 days after purchase.
Additionally, the Marisa store has affordable prices and always has exclusive offers and discounts on the app.
Other than that, it is one of the store cards easier to approve.
To request your Marisa card, download the app or go to a Marisa store.
If you want to request the Mbank Marisa Itaucard option, go to the Itaú cards portal and request yours.
What is a store card: Magalu
The Magalu card has no annual fee and you still earn 2% cashback on your purchases.
To apply, you must have a minimum income of R$1,400,000. You can also pay for your purchases in up to 24 interest-free installments.
With the Magazine Luiza card you have access to many other benefits and advantages, find out more by clicking here.
To request, access the portal Itaú cards.
In addition to the options mentioned above, check out our list of the best store cards in Brazil:
- Renner Card/store
- C&A/store
- Saraiva/Banco do Brasil app
- Gol Smiles/Gol Smiles website
- Atacadão/ Atacadão website
- Sugarloaf/Itaú cards
- Submarine/Submarine website
- Americanas.com/ Americanas website
- Pernambucanas/store
Summary
Today, you discovered what is a store card and how having one is advantageous. But, he learned that if not used correctly, it can also be harmful.
Therefore, use with moderation and caution.
If you still have questions about the subject, we have prepared a complete guide on store cards and which ones are easy to approve, click here and check it out!
