According to a survey carried out in 2020, more than 130 million cards were issued in Brazil. One of the main reasons for the democratization of “plastic money” is the recent proliferation of digital banks in our territory.
Create increasingly fierce competition to provide customers with the best solutions so they don’t lose out to the competition. Despite the positive side, many customers get lost in all this avalanche of benefits, and even taking advantage of them can be confusing.
To make your life easier with card issues, we've created a complete guide to help you understand them!
What is a GOLD Card?
One of the first cards that people got were international models, and they had basic functionality to basically understand people's spending patterns.
What does this do to get a gold card? Quite simply, the bank starts recording spending patterns on your CPF as a way to keep it on your CPF and provides the first benefit.
So, for a gold credit card, sufficient income comes from 2000 reais, with a maximum annual fee of 300 reais, so that you don't compromise your purchasing power and use it as much as you want.
→ Apply for a high-value credit card! Click here to see, no minimum income requirement!
Gold Card Benefits
If you are thinking about the main things you can do with it, the main operations are:
- With the loyalty program, accumulate the first points from card charges.
- Replacing a card with a new one is easy.
- Travel and vehicle insurance.
- Emergency withdrawal, responsible for releasing up to the limit as withdrawal in case of emergency.
- Extended warranty
- Simple price protection for your foreign currency purchases.
Many of these may vary from bank to bank. However, they are all competing for consumers’ attention. Over time, they have started offering services that were not yet available on the platform.
What is a Platinum Card
Now that you know about the Gold Card and its benefits, it's time to move on to the Platinum Card.
Therefore, to achieve this goal, some experts give the following instructions: “6000 reais of income per month”.
However, it is worth noting that each bank has its own method of calculating the probability of offering a card to a customer. Consider the differences between institutions.
Although relatively high by Brazilian standards, platinum is already used by thousands of citizens who can pay an annual fee of 400 reais, depending on the issuing bank.
Platinum Card Benefits
If the platinum card makes your eyes shine, the following points can stimulate your consumer spirit even more, see:
- Concierge service for your trip.
- It offers more personalized service for you to resolve possible problems or seek support.
- Loyalty programs are more comprehensive, with more rewards per dollar spent than gold features.
- There is even insurance for vehicles rented through rental companies.
- Health insurance for the entire duration of the trip.
- International offers, plus purchase protection and the price you pay for the product or service.
What is a Black Card?
Platinum is not the limit, it's time to learn about one of the cards that humans desire the most.
Also known as Infinity, it can open doors for you to use your cards however you want.
However, to enter this group, first understand that it is very restricted, mainly because the income needs to be around 15,000 reais and an annual fee of around 1,200 reais can be paid.
There are 1,000 points, in addition to requiring a Serasa score of at least 800 points up to the limit.
A very common question people have is about the black card limit. Is there one or not? The answer depends on the situation. Normally the limit is 10,000 or more, however, some agencies may offer you one without a pre-determined limit.
→ Apply for a high limit credit card! Click here to see cards with no minimum income requirement!
Advantages of the Black Card
Ready to discover all the advantages that await you? Then check out the following benefits:
- Boingo Wi-Fi uses the internet in many places.
- Differentiated services for hotels and resorts.
- VIP space, reserved at the airport, traditional lounge key.
- Schengen Charter.
- Special services are often a priority over other means.
- Concierge.
- Exclusive travel experiences with select credit card brands.
- Price and purchase protection.
As with all forms, this can vary from company to company. So, check out the top banks that issue credit cards in your country to help you decide which credit card you should apply for.
Top 10 Card Issuing Banks
If you do not have a bank registered in your name, or are planning to change to one that offers more benefits to consumers, see the list below:
- Inter Bank
- Nubank
- Bank C6
- BMG
- Neon
- Pan Bank
- Next Bank
- Santander
- AgiBank
- Original Bank
Once you’ve seen this, a good step is to delve deeper into the main options to get to your profile. Breaking them down into one variant or another can be a great way to reap the benefits. In addition to having a good credit card service, this can help you too.
It can help maintain your Serasa score, after all, fewer credit requests on your CPF may not change your score, which is one of the main indicators of bank approval limits.
Once you’ve seen this, a good step is to delve deeper into the main options to get to your profile. Breaking them down into one variant or another can be a great way to reap the benefits. In addition to having a good credit card service, this can help you too.
It can help maintain your Serasa score, after all, fewer credit requests on your CPF may not change your score, which is one of the main indicators of bank approval limits.
A card can be an ally or an enemy in your financial management, so when the situation gets out of control, review the points and try to stop using the credit card if necessary.
This way, you avoid one of the most common problems, the snowball of recurring interest that affects your bills.
Remember, these fees are the highest rates for connecting consumers and extending payments for good reason, but they don't force people to default.
So, the best way to protect yourself from the negative and enjoy the positive is through information, so share this article on social media so that more people know everything about these three ways.
