If you are retired, pensioned, or a civil servant and are looking for new credit alternatives, the Óle credit card may be an interesting choice. Although it has not yet become established among the leading names in the segment, it stands out for its usability and the benefits offered to the public that falls into this category .
What are the different 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 functionalities of a credit card, with the added benefit of being a secured loan.
This reduces the chances of default, making the card more accessible to different audiences, especially people who have obligations to credit protection agencies. Typically, consumers with credit limitations have difficulty finding credit cards for those who are in default.
How does the Óle credit card work?
When considering different credit card options, many consumers look for features such as cashback programs. These allow you to recover some of the money spent on purchases in the form of account balance or credit.
In general, payroll-deducted credit cards offer more benefits to their customers than traditional cards. This is because with payroll deduction, there is a guarantee that the customer will pay their bill, since it will be deducted directly from their benefits.
However, the Olé Consignado card does not yet offer this service as a product. Consequently, the cardholder does not have access to cashback programs when using this feature. If you want a credit card with cashback, please consult our list.
How do I use the discounts on my 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 restaurants, tourist attractions, and entertainment venues, as well as on services in general.
With all this potential market available, Olé Consignado works with two credit options. It is important to emphasize that the company only serves clients with a very specific profile: retirees, INSS pensioners, and public employees. 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 client's payroll or benefits.
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 is no need to disclose that the loan is being granted.
Some of the most famous names featured on the site include:
- Netshoes: up to 15% off sitewide;
- Decolar.com: up to 15% discount on tickets, packages, bookings and accommodation;
- Avon: 10% discount sitewide.
And what about the points program?
At the same time, credit cards with points 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 frequent flyer programs often sought by customers who travel frequently.
However, Olé Consignado cardholders can participate in the card's rewards program called "Vai de Visa". This way, they can accumulate points to redeem discounts at various partner establishments in the areas of leisure, food, entertainment, sports, etc. To participate, simply visit the platform's website and register.