The payroll card option is now available at several banks, including Banco Mercantil. The option brings many advantages to those who want to spend less on interest or for those who have negative credit in their name and still want to have credit for purchases and payments.

With the financial crisis installed in the country, having an option for more purchases and credit is important. Thus, you can, with organization, improve your finances and pay those items that are important to you in installments.

To help you choose the best payroll card option, we will present the advantages, defects and all the characteristics of the Mercantil bank card. Follow the text!

The Banco Mercantil payroll card is in the payroll modality. That is, it works with the applicant opening a bank account and bringing his receipt to that account. Of course, this person needs to have a recurring income, as he will guarantee the payment of the invoice.

So, it is possible to apply for the card with a limit of up to 5% of your income. That is, if your fixed income is R$ 3000, your payroll card can be up to R$ 900. It is nothing more than a payment option in which the minimum invoice amount is paid. The installment discount occurs automatically from your net salary or INSS benefit.

In general, only retirees, pensioners, civil servants, employees of private companies and members of the Armed Forces can apply for this type of credit.

If you are wondering what are the advantages of having a Mercantil bank payroll card, see some of them below:

Like everything in life, there are pros and cons. Of course, the Mercantil bank card is no different. In order for you to consider this option and understand which one is best for you, you need to show the disadvantages. Look!

Therefore, before actually deciding to apply, evaluate the pros and cons of this card. It's not just the fact that low interest rates count when making a financial decision, you need to evaluate much more.

Then work out your financial planning and see if it is safe to commit a percentage of income. After all, it will not be possible to stop paying the invoice.

If you are wondering if it is worth taking out this type of card, know that the answer is yes. If you compare it to regular credit card debt, account limit or even personal loan, it's worth it. 

In these cases, the payroll card will make you pay a smaller debt in the end. Now, therefore, if you are in doubt between the card and the traditional loan, evaluate the intention of the loan. Who needs the money now, maybe prefer the traditional payroll loan because that money will fall into the account as soon as the loan is approved. Not to mention that you will pay lower interest rates if you choose this path.

However, the fact that it does not offer an annuity, that it has lower interest rates, that it is international, with a digital invoice and request via the internet, makes it a very attractive and valuable option.

But, remember to assess your financial situation and your budget planning to understand if it is feasible to have a credit card at this time. Remember that an unpaid debt can lead to a financial snowball.

So choose this modality when your intention is based on making purchases, which are oriented to installments. Otherwise, avoid further debt. After all, requesting a card to pay debts is a big mistake.

Well, if you've come this far, it's because something interested you in the Banco Mercantil payroll card and you're trying to understand how to apply.

So, for that, just access the Banco Mercantil website, go to the cards option and choose the payroll. With this, you will be able to check all the information and specifications given here, exposed there. Then, create your bank account, send your documents and, once approved, apply for your card. 

Remember that, in this modality, you don't have to worry about restrictions on your name or negative reviews. You just need to have a fixed income within the modalities mentioned above, to be able to apply.

Just below, you can access the step-by-step, where we explain exactly how to apply for your card and start using it quickly and safely!

So, here you can find out about the Banco Mercantil payroll credit card. Like other options on the market, it has been a good solution for those who are well financially programmed.

It is extremely important to compare options and evaluate advantages and disadvantages before applying for a card so as not to regret later.

We hope that you can evaluate this option for your pocket and understand if it is worth requesting. And, if the decision is positive, see the complete and safe step-by-step that we have prepared for you!