Nowadays, not having a credit card complicates people's lives a lot. Whether in transport or delivery applications, online purchases or even to pay in installments for an amount that exceeds the monthly budget, he is indeed a facilitator. However, unfortunately, many retirees, due to lack of proof of minimum income, are unable to benefit from this product. The good news is that Caixa Econômica Federal thought about them and launched the Caixa Simples Card. Come find out more!

First of all, you first need to understand what the Caixa Simples Card is, as it is not simply a conventional credit card, but a payroll product. Intended for INSS retirees or pensioners under 75 years of age, it automatically deducts the minimum invoice amount from the paycheck or INSS benefit.

As it is a payroll credit card, the Caixa Simples Card offers several benefits for you (but don't worry, we'll get there soon!), as well as for the bank. In this case, since the minimum payment has already been deducted and guaranteed, Caixa Econômica Federal knows that it will not harm the customer and can therefore offer rates up to 5x lower than traditional credit cards. Too good, isn't it?

So, how does the Caixa Simples Card work? Well, know that it is “simpler” than you think – yes, its name is not for nothing! In fact, you just need to pass it through the credit function, as if it were a conventional card, for your purchases and that's it. Then the bank guarantees the minimum payment of the invoice, as mentioned above, leaving it under its responsibility to settle the remainder.

Oh, don't worry about the amount that will be deducted from your paycheck or INSS benefit, as it will never be the full amount of your benefit, if it reaches this number. The limit corresponds to the 5% margin of the full amount received, and then the remaining balance must be paid “out”. Easy, simple and safe, isn't it?!

As it is not a common credit card, it is important to pay attention to some details of the Caixa Simples Card, since we are talking about a payroll product. So stay tuned:

These points raised are important observations of the Caixa Simples Card, some of which restrict its access, as is the case of the Elo brand, which is not widely accepted in national trade, but mainly in international trade. Even so, whoever acquires it, know that he will have one of the best credit cards on the market, especially for those who are negative. Find out why!

So far, we have seen that the Caixa Simples card is an excellent solution for INSS retirees and pensioners, as there are no objections to approving it. As the minimum of the bill is deducted from the paycheck or benefit, Caixa Econômica Federal, the card issuing bank, does not run a great risk of causing losses to its cardholders.

Precisely because of this operating dynamic, Caixa Simples offers its customers numerous advantages. Among them, we have:

Because they don't charge you the traditional annual fee, which is a customary practice with conventional credit cards, you won't have to pay anything extra for using the Caixa Simples card. This way, you only pay for what you spend.

A fundamental detail for those who are negative, the approval of the Caixa Simples card does not depend on consulting the credit protection bodies, which allows it to be acquired also by those with restriction on the CPF. The only observation is that, if you have debts with Caixa, you will have to regularize your situation before ordering the product.

As mentioned earlier in this text, Caixa Simples is a payroll product, which allows Caixa Econômica Federal to offer rates up to 5x lower than traditional credit cards. Only 2,70% per month are charged for using the rotary, that is, for the remaining balance of the invoice that was not paid on the due date. Great percentage, don't you agree?

So, you liked what you saw, didn't you? But calm down, the agent leaves the best for the end, that is, for the next text. Check out what else Caixa Simples has to offer you. You can be sure that, after knowing all its advantages and benefits, you won't even want to know about another card.