Cards

Discover the Mercado Pago prepaid card

Are you looking for a good prepaid card? So get to know the Mercado Pago card and all the advantages of requesting one

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How does the Mercado Pago prepaid card work?

Como funciona o Cartão pré-pago Mercado Pago? (Imagem: Azulis)
How does the Mercado Pago prepaid card work? (Image: Azulis)

The Mercado Pago prepaid credit card works almost like a conventional credit card. Because it has the function of installment purchases, you can use it for online purchases, subscribe to services and buy in all establishments that accept the Mastercard flag.

Mercado Pago is a payment platform created since 2004 by the company Mercado Livre, with the aim of facilitating transactions within the sales website itself. But, over time, the company managed to expand its business by expanding access to the Mercado Pago card to more than 200 million people.

With the credit card, you have access to a digital account where you can recharge your cell phone, bank transfers, make payments, among other possibilities.

A prepaid card does not have a credit limit, so purchases made by the user are limited to the amount deposited on the card, through recharges that can be made online or with a payment slip.

 Mercado Pago
Minimum IncomeIt is not necessary
AnnuityFree
FlagMasterCard
RoofInternational
BenefitsMastercard Surprise

Here, then, we will let you know all the features of this card. We separate the advantages and disadvantages to remove once and for all the image that the prepaid card is useless. You will also see how to apply and how to use the card in the best possible way. Continue with us and check out all these features.

Apply for a Mercado Pago prepaid credit card

An international card with no annual fee that you can apply for from home. See it right now!

What are the advantages of the Mercado Pago prepaid credit card?

Quais as vantagens do Cartão de crédito pré-pago Mercado Pago? (Imagem: IQContas)
What are the advantages of the Mercado Pago prepaid credit card? (Image: IQContas)

There are many advantages that you receive when you hire a prepaid card. So you can be sure that at least one of its features can help you a lot on a daily basis.

The Mercado Pago prepaid card is ideal for those who want to have control over their debts. Well, you carry the amount you want in a practical way, without having to carry money around, or get out of control with purchases.

This guarantees more security and modernity for your day to day life, as money is currently being used less and less. Especially after the problems that came with Covid-19, in which hygiene must always come first.

As we always try to make things easier for you, we have listed all the advantages you will have after contracting a Mercado Pago prepaid credit card. Check it out here:

  • No credit analysis required: The card does not do credit analysis, so if you have a dirty or negative name, there is no problem in applying for the card.
  • Discounts on Mastercard Surprise: As the card has a Mastercard flag, you have access to many advantages through this benefit program, which gives you 1 point for each purchase with your card, regardless of the amount. Points can be exchanged for special offers.
  • Purchases and withdrawals in Brazil and abroad: With the Mercado Pago card you are free to shop and withdraw internationally.
  • No annual fee or issue fees: There are no fees or annual fees for issuing and using the Mercado Pago prepaid card. However, national or international withdrawals cost R$ 9.90.

facilities of Mercado Pago prepaid credit card

Facilidades do Cartão de crédito pré-pago Mercado Pago (Imagem: Seucréditodigital)
Mercado Pago prepaid credit card facilities (Image: Seucréditodigital)

Within the advantages of this card, there are the facilities it offers, see some.

  • No need to have a bank account: You just need to go to the website and apply. It is not necessary to have a bank account, because Mercado Pago has its own platform, where you can follow all the movements of your prepaid card.
  • Balance and extract through the App: No billing by letter or needing to leave the house, with Mercado Pago prepaid you can do all the procedures online through the App available for Android and iOS devices.
  • No minimum or top-up limit: On the prepaid card, you are the one who defines the limit, being able to deposit the amount you want to make your purchases on credit.
  • Pay your child's allowance: This is therefore a safe and practical way to pay and control your child's allowance. Give him a prepaid card, you will have access to all expenses directly through the App. And you can also hire more than one card for the same function if you have more than one child.
  • Buy online securely: You can use Uber, Netflix, Spotify, or shop online through prepaid card. Just load and use. Prepaid offers you many advantages, and if you're already a Mercado Pago customer, you don't need to sign up, just access your account and contract whenever you want.

What are the downsides?

Quais as desvantagens? (Imagem: Atendimentoaoconsumidor)
What are the downsides? (Image: Customer Service)

There are therefore some points that may not be of interest to you. And since not everything is flowers, some disadvantages may bother you when hiring the card. Check out the main disadvantages here.

  • extra fees: Mercado Pago charges fees every time you make a withdrawal, whether domestic or international. However, these fees can be a little discouraging if you want to withdraw a low amount, for example. In the case of Mercado Pago, the amount charged is R$ 9.90 per withdrawal. In this way, it becomes more advantageous to use the withdrawal function only if the amount you want to withdraw is high.
  • It only works if you have an account balance: different from conventional credit cards where the user buys first and then pays. On the prepaid card, payment is deducted at the same time, so it is only possible to use the card if you have a balance.

Is Mercado Pago prepaid credit card worth it?

Cartão de crédito pré-pago Mercado Pago vale a pena? (Imagem: showmetech)
Is Mercado Pago prepaid credit card worth it? (Image: showmetech)

The Mercado Pago card is a great option for those who want to take advantage of the prepaid card and make it easier for them to control their finances on a daily basis.

Serving to control your consumption, so that you only deposit what is available to be spent, or using it as an emergency fund.

In general, it all depends on your needs. There are many ways to use the Mercado Pago prepaid card and it is up to you to decide what you want to do with it.

Even with its pros and cons, it's a great opportunity to have more financial control at home, so weigh your decision carefully to make the best decision possible.

How to make the Card?

Como fazer o Cartão? (Imagem: FDR)
How to make the Card? (Image: FDR)

Now that we've talked about all the advantages and warned you about the risks, it's time for you to check out how to apply for your Mercado Pago prepaid card.

We guarantee that hiring is quick and hassle-free. Therefore, if you want to hire this card, continue with us, check out how to apply and guarantee yours now.

Apply for a Mercado Pago prepaid credit card

An international card with no annual fee that you can apply for from home. See it right now!

About the author  /  Heloisa Trindade

I'm Heloisa Trindade, journalist at DRT 1424/MS in Campo Grande, graduate in publicity and advertising at Estácio de Campo Grande, editor and content producer for 4 years. My passion for reading and writing came since I was a child, influenced by my mother. In the midst of a financial crisis, I discovered that I could use my passion to generate income and that's when I started my first blogs. My goal is to always deliver true, quality content and information to our readers.

Reviewed by  /  Junior Aguiar

Senior Editor

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