If you are interested in knowing more about the Magazine Luiza card, as well as its advantages, keep reading this article and learn what benefits you receive by acquiring the card.

Magazine Luiza is undoubtedly one of the largest and most influential companies in all of Brazil.

In addition, it provides two types of card to its customers, who can freely choose which one to choose.

The Magazine Luiza Ouro card is, in practice, the company's best and most advantageous card, as it is free of annual fees and offers more benefits to its users – it is intended for the store's existing customers.

The other option is the Magazine Luiza Preferencial card, which, unfortunately, charges its customers an annuity and gives them less benefits than the Ouro card.

If you don't want to have the Magalu Ouro card at the moment, the Preferential card also provides many benefits to customers, but to a lesser extent. So rest assured!

Also, both cards are branded as Mastercard, which makes them more advantageous and beneficial than other cards, since, due to the brand, the card will be accepted by almost all stores and establishments.

With the Mastercard brand, you can receive several benefits, which are offered by the brand itself.

As much as there is a good difference between both cards, both the Gold and Preferred cards have several features and benefits that make them unique in the market.

The first advantage of the Magazine Luiza card is the possibility, if you wish, to pay your purchases in up to 10 installments.

Also, your card limit will be used with the amount of the installment, which can be spent 3x more than the original amount.

Another benefit of the Magalu card is its flag, which is from Mastercard.

With it, you will be able to shop all over Brazil and, if you want, around the whole world.

Nowadays, fortunately, it is very difficult to find an establishment that does not accept the Mastercard brand, which makes it very useful.

Due to Magalu's partnership with Banco Itaú, clients have many advantages.

Then, it will be possible to withdraw money from the Banco Itaú cashier, being able to pay it back in up to 40 days.

You will receive, at all times, exclusive offers from Magazine Luiza, either by email or on your card statement.

With this program you can, oddly enough, receive accumulated points, which are earned through purchases, and exchange them for products in the store.

So, with every purchase made at Magazine Luiza's own store or at other partners, you will receive points for shopping.

With the accumulation of these points, you can exchange them for products and other services offered by the store.

If you are a Magazine Luiza customer, you can order up to 4 additional credit cards.

So, if you are within the data that are required to order more cards, feel free to order yours.

Due to the partnership between Magazine Luiza and Banco Itaú, the latter usually offers benefits to people who use the card.

The first Itaucard benefit is a discount of up to 50% on tickets and theater plays that are promoted by Itaú bank itself.

Also, Itaucard offers exclusive discounts and offers for you to shop at partner stores, such as Extra, Natura and, finally, O Boticário.

In addition, Itaucard provides an application to its customers. Then you will be able to take care of your money in real time, as well as monitor your transactions.

First of all, know that the card limit is not defined at all, varying from person to person.

Then, your limit will be set according to your credit history, so that if you have a negative history, your limit will be lower.

However, if Banco Itaú offers you, for example, a limit of R$1,000.00 reais, you can spend 3x that amount at Magazine Luiza stores.

So, if your limit is, for example, R$1,000.00 reais, you can spend, in Magazine Luiza stores, R$3,000.00 reais.

Therefore, if you are a loyal Magazine Luiza customer, think very carefully about her card, as it can help you a lot.

Card costs depend on the type of card you choose.

If you choose the Ouro card, you will not have to pay an annual fee, that is, you are exempt from paying an annual fee for the credit card.

Preferred, in turn, requires its users to pay an annual fee.

This annual fee is currently R$119.88 reais.

However, in addition to the annual fee, other small services will also be charged.

Exactly R$5.50 reais is charged for the purchase and financial transaction alert service.

Also, it is necessary to pay a fee of R$12.00 reais for each withdrawal made at ATMs by Banco Itaú.

In addition, if you need to make an emergency withdrawal, you will be charged R$18.90 reais for each withdrawal.

Finally, you are charged, to issue the second copy of the card, around R$9.90 reais.

The Mastercard brand allows the option to buy international products and services, as well as access to most stores here in Brazil.

In addition to providing the Mastercard Surpreenda program, which generates the exchange of accumulated points for products, Mastercard offers another great benefit.

Purchases can be paid in up to 10 installments. You can pay the invoice in up to 24 installments with interest.

As said, Mastercard is currently accepted in most, if not all, stores in Brazil and around the world, which is another positive point for the card.

If you are interested in the card and its benefits, click the button below and find out how to apply for one.