Do you want to know how the Magalu Card can help you have an exclusive shopping experience and enjoy a range of benefits?
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The Magalu Card is the card offered by Magazine Luiza, which has several advantages for its customers. From cashbacks, exclusive discounts and even easy instalment payments.
If you're looking for an affordable credit card, full of advantages and without complications, the Magalu Card could be the perfect solution for your day-to-day life.
Magalu Card benefits
- ZERO annual fee: you don't pay anything to use it.
- 2% cashback: get cash back on all purchases made at Magalu.
- Exclusive discountsspecial offers for card customers.
- Easy instalments: split your purchases up to 24 times without interest.
- Acceptance at partner shopsdiscounts on brands such as Netshoes, Zattini, Shoestock, among others.
Disclaimer: You will go to the Bank's website.
Created especially for those who want to save money and enjoy exclusive benefits, it is designed to cater for the low-income public, helping to turn every purchase into an opportunity to spend less.
In this article, we'll explain everything about the Magalu Card, its advantages, how to apply for it and tips for making the most of it. Shall we go together?
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Why is the Magalu Card right for you?
If you have a limited income, you know how every cent counts at the end of the month. The Magalu Card is designed to help you save intelligently:
- Expense control: The Magalu Card app allows you to track your expenses in real time, helping you to organise your finances.
- Discounts that make a difference: Save on essential products and earn cashback.
- No annual fee: Unlike other cards that charge high fees, here you spend nothing on maintenance.
Read also: All about the Tenda Card
Magalu Card benefits
1. Direct Cashback at MagaluPay
With the Magalu Card, you get 2% cash back on all your purchases at Magazine Luiza. This amount is deposited in your MagaluPay digital wallet within 30 days of the purchase being approved. That means more money in your pocket to use however you like!
2. Interest-free instalments
Need to buy something and split it into several instalments? The Magalu Card allows you to pay in instalments up to 24 times without interest, which helps a lot when it comes to buying higher-value items such as household appliances and electronics.
3. Discounts in Partner Shops
You can also take advantage of discounts on partner brands such as:
- Netshoes: 15% discount.
- Época Cosmetics10% discount.
- Shoestock: 15% discount.
- Zattini: 15% discount.
4. Visa Platinum benefits
In addition to Magalu's exclusive advantages, the card also offers the benefits of the Visa Platinum flag, such as:
- Insurance for Rental Vehicles;
- Original Extended Warranty;
- Purchase and Price Protection;
- Visa concierge and travel assistance;
- Offers from the Vai de Visa programme.
With these benefits, you can enjoy more convenience and security when shopping and travelling.
Disadvantages of the Magalu Card
Not everything is perfect, right? Here are a few points you need to consider:
- To receive cashback, you need to activate your MagaluPay digital account.
- There are fees for withdrawals (R$ 12 in Brazil and R$ 22 abroad) and for additional cards (R$ 9.90).
- The cashback is not credited directly to the invoice, but to the digital wallet.
Who can apply for the Magalu Card?
To apply for the Magalu Card, you need to fulfil the following requirements:
- Be over 18 years old;
- Have an active CPF and be in good standing;
- No restrictions on your name (SPC/Serasa);
- Provide proof of income and residence.
How to apply for a Magalu Card?
You can apply for your Magalu Card in three simple and quick ways:
- On the Magazine Luiza website: Go to the official website and fill in the form with your details.
- Through the Magalu Card app: Available for Android and iOS, the app also allows you to track approval.
- In physical shops: Visit a Magalu shop and ask an attendant for help.
Tips for getting approved faster
- Keep Your CPF Clean: Make sure there are no debts or restrictions in your name.
- Update your documents: Send recent, legible proof of income and residence.
- Pay your bills on time: Having a good financial history increases your chances of approval.
- Use Part of the Available Limit: Showing that you know how to use your current card limit consciously can be a positive point.
How to use your Magalu card with awareness
To take advantage of the Magalu Card without any hassle, follow these tips:
- Set a Monthly Spending Limit: This way you avoid surprises on your bill.
- Use Only for Necessary Purchases: Take advantage of discounts and instalments for items that really make a difference to your budget.
- Avoid Payment Instalments Whenever Possible: This helps keep your finances under control.
- Monitor your invoice regularly: Use the app to monitor your transactions and avoid unexpected charges.
Frequently Asked Questions
Does the Magalu Card have an annual fee?
No, the Magalu Card is free of annual fees, as long as you fulfil the usage requirements.
How do I get cashback?
The cashback is deposited into your MagaluPay digital account within 30 days of purchase.
Can I use the card at other establishments?
Yes, in addition to Magazine Luiza, you can use the card at any establishment that accepts the Visa flag.
How do I keep track of my bill?
You can access your invoice via the Magalu Card app or receive it by email every month.
Is it worth applying for a Magalu card?
If you already shop at Magazine Luiza or are looking for an affordable card with no annual fee, the Magalu Card is a great option. Not only does it offer exclusive discounts, but it also helps you organise your finances with practical tools in the app.
So what are you waiting for? Apply for your Magalu Card today and start saving for real!
