If you are in doubt between the Impact Bank card or Magalu card, then you are in the right place!

Today we are going to make a comparison between these two incredible financial products that offer several advantages to their customers.

So, keep reading to find out what the pros and cons of the cards are. This way, you can choose the best option for your current financial life.

Without a doubt, the Impact Bank card is here to make an impact on our society, as its name suggests. Thus, the Impact Bank digital bank was created with the aim of expanding sustainable development and building a more equal future for everyone!

So, the card works in prepaid mode and is a great option for those who want to control their expenses in a very practical way. Therefore, to use your card, you need to top it up first to have a balance in your account.

Furthermore, it has international coverage, making it ideal for those who want to shop in Brazil and abroad. Furthermore, your Mastercard brand is one of the best accepted in the world and you also enjoy exclusive benefits, such as the Mastercard Surpreenda program.

Finally, the digital bank does not consult credit protection bodies. Therefore, you can request your card even if it is negative. This makes it much easier to take care of your finances, right?

Well, Magazine Luiza created a card full of advantages for its customers. So, if you want to make purchases in a practical and uncomplicated way and also take advantage of several exclusive offers and discounts, the Magalu card could be the ideal option for you!

So, the card has international coverage and a Visa brand. Thus, you can make purchases in Brazil and around the world in thousands of registered stores and also take advantage of the brand's benefits, such as the Vai de Visa program.

Furthermore, the card seeks to bring more practicality to your life. This way, you can control your finances directly through the app. So, just go to Google Play or the App Store and download the app. After that, you can check your card limit, check your invoice, carry out transactions and several other functions.

So, let's talk now about the advantages of each card so you can compare them and decide which one best fits your financial life!

Without a doubt, one of the positive points of the Impact Bank card is that it does not consult the SPC or Serasa. This way, even those who are negative can enjoy all the benefits of the card.

Furthermore, in addition to the brand being accepted in more than 30 million establishments around the world, you also participate in the Mastercard Surpreenda rewards program. With it, you earn one point for every purchase made on the card. When you accumulate points, you can exchange them for special offers at partner stores, such as Imaginarium, Outback and much more!

Another advantage is that you can control your expenses through your digital account in a practical way, without having to leave your home! This way, you can monitor account movements, make payments and much more with just a few clicks.

In addition, your card transactions generate revenue that is directed to environmental and social projects. And the results of the actions are available so you can follow them in a simple and transparent way. Isn't it great to be able to help the world even with small actions?

Without a doubt, one of the positive points of the card is that it does not charge an annual fee. So, you don't have to worry about this extra fee, which is charged by most traditional cards. And who doesn't like to save a little money at the end of the month, right?

Furthermore, in addition to the digital account, the card also offers users another feature. Then, you can use contactless payment technology to complete your purchases. To do this, just bring your card close to the machine and you’re done! This way, you make your purchases in a much more practical and secure way, as you do not need to use a password.

Another very interesting advantage is the card's exclusive cashback program. With it, you receive the value of 2% from your purchases made on the Magazine Luiza website, app or physical store.

So, after shopping, just wait up to 20 days for the money to be available in your MagaluPay digital wallet. So, in addition to taking advantage of all Magalu offers, you also receive money back. Incredible, don't you think?

Finally, you can also take advantage of exclusive offers and discounts both at Magazine Luiza and in partner stores, such as Zattini and Netshoes.

Therefore, both cards are full of very interesting advantages, right? So, now let's talk about its negative points so that you can make the best decision for your financial life without having any surprises.

Well, one of the card's cons is that to enjoy the service fully and with more benefits, you need to pay a fee. So, you can subscribe to the basic plan for R$ 15.00 per month or the premium plan for R$ 26.00 per month. But remember that these are just options, as you can opt for the account with a free monthly fee.

Furthermore, the bank does not yet have an app so you can manage the card. So, although the digital account is very useful for controlling your finances, you still need to use a browser to access it. However, don't worry! The app will be released soon on the App Store and Google Play.

Therefore, to apply for the card, you must send a document proving a minimum income of R$ 800.00. Therefore, if you are unable to provide proof, the request may not be approved.

Therefore, this is a major disadvantage, as some other cards available on the market do not require this requirement.

Furthermore, the card also ends up being more advantageous for those who frequently shop at Magazine Luiza stores. This is because many of the discounts and offers are aimed at online purchases.

Without a doubt, the choice is not easy between the Impact Bank card or the Magalu card. However, now that you know better about the two financial products, it's easier to decide which one best fits your needs, right?

So, although both cards have international coverage, each has a different brand with its own exclusive benefit programs.

Furthermore, the Magalu card is ideal for those who want to take advantage of special discounts at Magazine Luiza and partner stores, while the Impact Bank can be requested even if you are negative.

Therefore, compare each financial product to make the best decision for you!

However, if you are still in doubt and don't want to make a definitive decision yet, how about seeing a comparison of two more very interesting cards that are available on the market? So, check out our recommended content below!