In 2021, Magazine Luiza launched its new Magalu credit card with no annual fee, which works seamlessly with the Magalu app. In it, you can consult all transactions made with the digital card as a balance inquiry and still pay invoices.

So, let's show you how this card can be useful for you, as well as teach you how to apply for the Magalu card! Check out!

Well, the Magalu credit card is a totally innovative card, because it is aimed at the digital public because it is integrated with the Magazine Luiza digital app, where you can check your limit and available balance, as well as access services and pay your invoice.

In this regard, fintech Luizacred, in partnership with Itaú Unibanco, will offer double cashback for one year for all purchases made through Magazine Luiza's sales channels.

So, everyone who requested the card until May 31st of this year, will earn 4% cash back on purchases made within Magalu! And customers registered after this deadline will receive 2% of cashback.

Accessing the card is very simple, as it does not charge an annuity or application fee, as it is completely free! It also belongs to the Visa flag and the Vai de Visa program that allows you to shop in stores that accept the Visa flag (but in this case, no cashback)!

Well, the Magazine Luiza credit card works with two limits: On the one hand, the general limit, for purchases made at other stores. On the other hand, the specific limit, for purchases made in stores or on the Magazine Luiza website.

So, the general limit will be defined by Banco Itaú itself, which carries out a credit analysis of the client.

In this, the bank consults the customer's purchase history and consumption habits.

On the other hand, the specific limit is three times greater than that established by Itaú bank. So, if Itaú defined a usage limit of R$2,000, the limit for purchases at Magazine with the credit card will be R$6,000.

In addition, you can increase or reduce the general limit, just contact the Customer Service Center: 3003 3030 or 0800 720 3030 and ask for a new evaluation.

Well, this card seems to be a great proposal from the network, as it facilitates consumers' purchasing power, without having to leave their homes.

On the other hand, the possibility of paying for many purchases in installments and thus compromising the credit card limit, in the long term, can become a problem.

So, to make the Magalu card, you can access the Superapp Magalu website or application.

To do so, simply click on the card's banner on the home page of the App or website, then fill in the form with all personal data such as CPF, RG, proof of address and proof of income not exceeding 60 days.

So, just wait for the credit assessment made by the Magazine Luiza chain. This is because the network analyzes your purchase and credit history to find out if you are able to use the card.

In this case, a tip is to keep your credit score high and not be negative, as this helps when releasing the credit or card, whether at Magalu or at another store or bank. Therefore, keep your good paying history before the credit protection bodies!

Well, the Magalu credit card has proximity technology. That is, when shopping, you do not need to insert the card into the machine. And yet, you can access all card movements through the application.

To close, you still have several other advantages such as the absence of annuity; cashback program; exclusive discounts from Magalu and partner stores and excellent payment terms, which can be divided into more than 24 installments.

So, to learn a little more about these advantages, click on the recommended content below: