Riachuelo credit card: what it is, how to apply, benefits and perks
The Riachuelo credit card is part of the Riachuelo store network, a leading name in fashion retail. Riachuelo stores offer plenty of installment options, and its card comes to add even more credit options.
It is a Mastercard and lets you buy a wide range of products in installments at the store. You can build up a total amount and split it into installments, for example: spend R$ 1,000 and pay it off in 10 installments of R$ 100.
What is it?
It is a Mastercard-branded card that lets you buy a wide range of products at many stores, in installments or in full, and it is not limited to Riachuelo stores.
It has an annual fee of R$ 7.25/month and requires the customer to have a minimum income of 1 minimum wage. When you shop at Riachuelo stores with the card, you get plenty of perks and benefits.
It is valid nationwide, which means it is not an international card and can only be used in Brazil.
It also has a points system that rewards every purchase. It is ideal for buying lots of items in bulk and later exchanging your points for thousands of products through its cashback system.
How to apply
You can apply for the Riachuelo credit card through its app, available in the main app stores, or directly at one of the many franchises across Brazil.
Required documents/information
- E-mail address
- Mobile phone number
- CPF
- RG
To apply for the Riachuelo card, you need to download the Cartão RCHLO app and create your account.
Fill in your details and request the card. You will go through a credit check, which will assess your credit score and, in some cases, your monthly income. Once that is done, you will receive an e-mail letting you know whether or not you were approved.
If your credit was not approved, chances are you have a low score or a negative credit record. It is worth checking out the best credit cards for people with bad credit.
- Best credit cards for people with bad credit: learn more here
- Bad credit? Check out the best credit card with no credit check
If you plan to apply for the Riachuelo card at a physical store, you need to bring the documents/information listed above and ask to be registered. Whether online or in person, your chances of approval will depend on your credit score.
Can anyone apply?
No! To apply for the Riachuelo credit card, you need a medium/high score and must meet the minimum income of 1 minimum wage. If you are not approved, check out other credit card options that are a big help for people with no credit.
- Bad credit? Get the BMG credit card for people with bad credit now
- Iti card: Visa Platinum with no annual fee: how it works and benefits
Benefits and perks
The Riachuelo credit card has its own points system, which makes in-store sales soar thanks to points being earned with every new purchase made across the store network.
Although the card has an annual fee, it is offset by its support service, which runs every day, and its installment benefits attract many customers. You can often split purchases into 12+ installments with NO INTEREST!
However, while it is an ideal card for people who shop a lot, it is not recommended for those who do not plan to use it often because of its monthly fee. That is a drawback compared to other cards in its category, which not only have an international brand but also charge no annual fee.
