Find the best credit card for people with bad credit It's always a mission, because every day different cards with multiple functions appear, isn't that right?
But don't despair, in this article you will find out which are the best options to choose from.
You may be wondering: does any company really issue a credit card to someone on the SPC or Serasa list?
Our answer is yes! It is possible to release a card even for those people who have a restricted name, however, there are some rules for this to be possible.
See below everything you need to know about credit cards for those with bad credit!
So, how do I get a credit card with a bad credit history?
The way you will get your card is through a loan. How does this work?
The amounts purchased with a credit card will be debited directly from your account, so that financial institutions are guaranteed payment of the debt.
However, there are concerns that you need to focus your attention on.
The main disadvantage is that this type of card for people with bad credit It is not available to anyone with a bad credit history.
You must have an employment vehicle that guarantees payment of the invoices that will be generated on this type of card.
Another concern you should have is that fraudsters, yes, There are many scammers that promise to release a credit card, but it is not true. Be careful!
These scams don't just happen online, but in physical stores too, so be sure to carefully analyze the company before you close a deal.
The main profiles that get approval even with a negative credit rating are:
- Retirees or even INSS pensioners;
- Federal, State or Municipal Public Servants also have a great chance.
- Military personnel from the Army, Navy or Air Force usually release them faster.
- And of course: employees of private companies affiliated with banks that issue this type of card.
Which institutions can I apply for my card at?
As the credit card market for people with bad credit has been growing, there are now financial institutions where you can request approval for a card, even online.
Crefisa credit card
Crefisa, was one of the few companies that offered cards or loans to people with bad credit.
However, changes in the financial market have provided possibilities for better conditions for those who want the best credit card for those with bad credit.
We will mention here some companies that you, dear reader, Digital Insurance you can trust.
Banco Inter credit card
THE Inter Bank has already become one of the preferred banks for many Brazilians. There is a reason for this. Firstly, because of its enormous facilities for its customers, and of course, the free annual fee for the credit card.
And to further improve the relationship with its customers, it created the credit card modality for those with bad credit. It is normally aimed at retirees and pensioners, state, municipal, military and federal employees.
As we explained above, the discount works on the payroll, with the minimum amount, which can vary from 5 to 10% of your card limit.
You pay the rest of the bill as normal, just like any other credit card. Banco Inter offers much lower interest rates compared to most other banks, as well as special payment terms.
If you are interested, simply contact Banco Inter's call center and choose the best credit card for those with bad credit.
The service options are very intuitive and you will be able to clarify any doubts you may have.
Banco Inter Call Center: 0800 940 7772 or 3003 4070 (option 5)
Banco Pan card for people with bad credit
Another excellent option for an institution that works with credit cards for those with bad credit is Bank PAN, which recently started working with the option of a credit card for those with bad credit.
There are really no shortage of options for you to apply for a card even with a bad credit history. That card you need to buy something you want so much can become a reality.
The profiles that have the greatest chance of being released are also retirees and pensioners or anyone who has a link with services from a Brazilian public body.
How do I submit a proposal for review?
It is very practical, you can make your request directly through the bank's official website, where you will have to fill out a form containing basic personal information.
Immediately after sending and receiving your application, you will be notified whether your application has been approved or not. If approved, the issuance fee will probably be R$$ 15 (but please note that this amount is a reference for 2020) for both the first and subsequent copies.
Credit Cards for People with Bad Credit – The 3 Best Options on the Market
Simple Cash Card
The first big option on the market today is the Simple Cash Card. It has only recently arrived on the market and has already won over thousands of people, precisely because of the ease of releasing credit even for those with bad credit.
It comes with no annual fee, offering incredible benefits and convenience. The most affordable interest rates at the moment, just 2.85% per month for using the revolving credit on the card.
BMG Card
We don't even need to talk about BMG Bank, isn't it? After all, it has decades of experience in the market. It is also approved for use abroad.
Like the previous ones, the conditions are completely exclusive to INSS retirees and pensioners. According to BMG, the minimum withdrawal amount is R$$ 50.00 and R$95% of the available credit.
The interest rate is 3% per month and the maximum CET is 54.24% per year.
Superdigital Card
For those who don't know yet, the Superdigital Card It was created by Banco Santander, the leading bank in the national financial market. There are almost two million users of the new card.
To submit a request, it is not necessary to prove a high financial income and even those with a negative credit history can submit a request for analysis.
Now you just have to choose the best option!
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