Óle Payroll Credit Card
If you're retired, retired or a civil servant and are looking for new credit alternatives, the Olé credit card may 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 the public that fits into this category.
What types of Olé payroll cards are there and how do they work?
Currently, the Olé credit card has only one type available in its catalog, the Olé Consigned Visa International card. In this case, the product offers all the basic features of a credit card, with the difference being consigned credit.
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 arrears.
How does the Olé credit card work and how does it function?
When considering different credit card options, many consumers look for differences, such as cashback programs. These allow you to recover part of your purchase money in the form of account balance or credit.
In general, consigned credit cards offer more benefits to their customers than traditional cards. This is because with consignment, there is a guarantee that the customer will pay their bill, as it will be deducted directly from their benefit.
However, the Olé Consigned card does not yet offer this service in its product. Therefore, the cardholder does not have access to cashback programs when using this feature. If you want a credit card with cash back, check our list.
How to use discounts on the Olé Consigned card?
On the other hand, one of the best things about the Olé credit card is its discount club. Called Olé Vantagens, you can benefit from discounts at food, tourism and entertainment chains, as well as general services.
With all this potential market available, Olé Consigned works with two credit options. It's important to note that the company only serves customers with a very specific profile: retirees, INSS pensioners, and civil servants. That is, citizens with a signed contract are not the audience these services are intended for.
With regard to payroll loans, the company works with the amount being deducted directly from the payroll or benefit received by the customer.
Fees are low when compared with other types of credit available on the market at other institutions. No proof of a clean record is necessary to receive the money, and there's no need to report 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% discount on tickets, packages, bookings and accommodations;
- Avon: 10% discount on the entire site.
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 Consigned card does not currently offer this service.
Thus, the cardholder cannot accumulate points to exchange for rewards and does not have access to mileage programs frequently sought by customers who travel frequently.
However, Olé Consigned card customers can participate in the card 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, just visit the platform's website and register.
