If you're retired, retired, or a civil servant and looking for new credit options, the óle credit card could be an interesting choice. Although it hasn't yet established itself among the leading names in the segment, it stands out for its usability and the benefits it offers to those in this category .
What are the types of Olé Consignado cards and how do they work?
Currently, the Olé credit card only has one type available in its catalog: the Olé Consigned Visa International card. This card offers all the basic features of a credit card, with the difference of a payroll loan.
This reduces the chances of default, making the card more accessible to different audiences, especially those with credit reporting obligations. Typically, consumers with limited credit have difficulty finding credit cards for those in default.
What does the Óle Credit Card look like and how does it work?
When considering different credit card options, many consumers look for differences, such as cashback programs. These allow you to get back part of your purchase money in the form of a balance or credit on your account.
In general, payroll credit cards offer more benefits to their customers than traditional cards. This is because with payroll, there's a guarantee that the customer will pay their bill, as it will be deducted directly from their benefit.
However, the Olé Consignado card doesn't yet offer this service. Therefore, the cardholder doesn't have access to cashback programs when using this feature. If you're looking for a cashback credit card, check out our list.
How do I use discounts on the Olé Consignado card?
On the other hand, one of the best things about the Óle credit card is its discount club. Called Olé Vantagens, you can benefit from discounts at restaurant, tourism, and entertainment chains, as well as on services in general.
With all this potential market, Olé Consignado offers two loan options. It's important to note that the company only serves clients with a very specific profile: retirees, INSS pensioners, and civil servants. In other words, citizens with a signed contract are not the target audience for these services.
With regard to payroll loans, the company works with the amount to be deducted directly from the payroll or benefit received by the customer.
The rates are low compared to other types of credit available on the market from other institutions. No proof of a clean credit history is required to receive the money, and there's no need to disclose the fact that the loan is being granted.
Some of the most famous names featured on the site include:
- Netshoes: up to 15% discount on the entire site;
- Decolar.com: up to 15% off tickets, packages, reservations and accommodation;
- Avon: 10% off sitewide.
What about the points program?
At the same time, credit cards with rewards programs also attract many consumers looking for daily benefits. However, the Olé Consignado card does not currently offer this service.
Therefore, the cardholder cannot accumulate points to exchange for rewards and does not have access to the mileage programs often sought after by customers who travel frequently.
However, Olé Consignado card customers can participate in the card's rewards program called "Vai de Visa." This allows them to accumulate points to redeem discounts at various partner establishments in the areas of leisure, food, entertainment, sports, and more. To participate, simply visit the platform's website and register.
