There are credit cards on the market for every person, with a higher or lower minimum income, with or without an annual fee, with or without cashback, among other items. So, today, we will present you a comparison between the Will Bank card and the Magalu card.

Both have international coverage and are free of annual fees. One has a Mastercard logo and the other has a Visa logo, which are the two most widely accepted logos in the world. So, you can use either of them anywhere in the world!

This way, you can compare and see which one is best for you. Check it out!

This card is part of a new digital bank, Banco Will, which has become a strong competitor to major digital banks such as Inter and Nubank. So, to have a more practical and secure financial life, you can apply for this card and enjoy several advantages.

At this bank, you have a digital account to make payments, transfers, view your card limit and other services. By the way, it doesn't charge an annual fee, you know?

To apply for the Will card, simply install the Will Bank app, available for Android and iOS, and fill in your details to register. Then, all you have to do is wait for the credit analysis to get your Will card in your hands!

In April 2022, the Magazine Luiza chain launched its new credit card, Magalu, which was created to replace the Luiza Card (Gold and Preferential) with no annual fee and cashback. In fact, the cashback is 2% back on all purchases made with the card on the website or in the app.

To receive your money back, simply activate your MagaluPay digital account. When you buy from the chain's stores, you can also pay for your purchases in up to 24 installments.

Therefore, it still has the Visa Platinum International flag and can be managed through the Magalu app, available for Android and iOS.

In addition, you can also earn discounts of up to 10% on purchases made with your card through the Offers Club, which has partnerships with several stores. There are also advantages with the Itaucard, such as several discounts of 50% on theater plays promoted by Itaú bank.

Firstly, the card has a Mastercard logo and you can participate in the Mastercard Surpreenda program and thus accumulate points with your purchases and exchange the accumulated points for products. In fact, because it is also international, you can buy anywhere in the world.

Another advantage is that the card is free of annual fees and also works as a credit and debit card.

In fact, you can also make contactless payments, that is, just bring your card close to the machine without having to enter your password.

Finally, you can also check your bill and card limit, as well as change the bill due date and make payments and transfers. So, just request to guarantee all these advantages!

Among the advantages, you don't need to pay an annual fee or any maintenance fees to keep your Magalu card active.

You can also join the offers club with up to 10% in discounts on purchases and you can even pay for your purchases in up to 24 interest-free installments. Isn't it fantastic?

And in addition, you also get discounts at partner stores, such as Zattini, Netshoes and Época Cosméticos, as well as receiving all cashback from purchases in your Magalu digital wallet!

Among the advantages of the Visa card brand is the Vai de Visa Program. Through this program, you have access to offers and discounts when purchasing products or hiring services. You also get 24-hour assistance from Visa to resolve issues regarding the brand.

Finally, you can control all your finances and even pay your card bill through the Magalu app!

In contrast to the advantages, the Will Bank card also has disadvantages.

Firstly, unlike the Magalu card, the Will does not have a points program or cashback.

Likewise, revolving interest rates are considered the highest on the market, around 16.3% per month and if you are unable to pay the bill and need to pay in installments, the interest is 13.4%.

Unfortunately, despite having several advantages, the Magalu card also has disadvantages. First of all, it is not a good card for those with a bad credit history or a low credit score, as the credit analysis is very strict and usually rejects applications.

And besides, to request the card you need to open an account, you can't just request it directly.

Another disadvantage is that the card's cashback is only valid on purchases made within Magazine Luiza's own network, that is, the more you buy from Magazine Luiza, the more cashback you will get back!

When it comes to proof of income, the requirement to prove a minimum income of R$800 is also a disadvantage as it prevents access for many people who cannot prove their income.

On the card, the limit made available will be in accordance with the credit analysis and the customer's purchasing history and habits, that is, if it is not advantageous for the company, your limit will be low.

First of all, we can see that it is not easy to choose between the Will Bank or Magalu card, right? On the one hand, we have a card with no annual fee, international and with the Mastercard brand.

On the other hand, a card that comes from a store, great for paying for purchases in installments without interest and even getting discounts. In fact, both are great credit cards.

But if you haven't made up your mind yet, don't worry, we've prepared another detailed comparison below to help you. We recommend that you evaluate your financial situation and all the positive and negative points before choosing the ideal credit card for you. Check it out!