Stay with us until the end of the post and learn all about the Submarino Credit Card and see how to get your easy credit today.
online shoppers looking for better payment solutions and exclusive discounts on the platform.
It can be used in any store that accepts Visa, in the case of new customers of this payment method, or Mastercard for consumers who requested the solution up to the year 2017.
If you want to know all the details about the Submarino card, check out what we've prepared in this guide to answer all your questions about this incredible line of credit.
Submarino Credit Card: Why use it?
The Submarino credit card is linked to one of the largest e-commerce sales platforms, offering exclusive discounts and promotions on products from a range of online stores, including school supplies, bedding, table and bath products.
In addition, the payment method includes the "Miles Program," an exclusive Submarino card method that helps customers accumulate miles.
Through it, you earn points that can be redeemed for products available on the website.
How can I get a Submarino card?
Applying for a Submarino card is usually quite simple.
Simply click on this link and you will be automatically redirected to a form that needs to be filled out sequentially.
However, there are some restrictions on obtaining a Submarino card, such as:
- Over 18 years of age;
- The minimum income is equal to one minimum wage;
- Identification, such as CPF (Brazilian individual taxpayer registration number) and RG (Brazilian national identity card) or CNH (Brazilian driver's license).
It is also important to note that even if all these details are provided, the process does not imply immediate approval of the card.
How does credit analysis work when applying for a Submarino Card?
The company Submarino Finance Promotora de Crédito, in collaboration with B2W Companhia Digital and Banco Cetelem Brasil, performs credit analysis of applications related to the online business
In this way, the analysis is performed by a computerized system that ensures security and flexibility in processing customer information.
The parameters of the credit analysis are not disclosed, but it is possible that the following steps will be carried out:
- Analysis of your score and positive record with Serasa;
- Your profile with Boa Vista SCPC;
- Your relationship with the group's partner financial institutions.
What are the fees for the Submarino credit card?
Although applying for the credit card is free, you will face certain charges if you have a Submarino credit card.
To help you better understand the issue, we have selected some of the main fees that were charged prior to this scenario.
Fees and charges:
Annual fee: can be charged in 6 installments of R$31.40 or in 12 installments of R$15.70;
Use of service channels to withdraw money: one-time payment of R$13.90 or R$22.00 in installments;
Presentation of a second copy of the credit card: R$ 20.00;
Revolving interest rate: Maximum 18.39%;
Personal loan interest rate: Up to 15.99% pm.
However, if you want to see the complete list of all fees and charges applied to the Submarino card.
Advantages of the card
With a strong focus on Submarino website customers, the card offers several benefits that enhance its appeal on the digital platform.
Therefore, we highlight the main advantages of requesting your card, such as:
- The rewards program for products within the Submarino e-commerce platform;
- Super Limit: an additional credit limit higher than the one indicated on your card, exclusively for installment purchases at Submarino;
- Installments up to 12x without interest or up to 21x with interest at Submarino;
- Cash withdrawals at Banco24Horas ATMs;
- Deposit into your checking account via WebSaque;
- Paying and viewing invoices via Internet Banking;
- Exclusive daily discounts at Submarino.
Is there a pre-approved credit limit for the Submarino credit card?
Very often, the official websites of financial institutions do not list pre-approved credit limits, even though they frequently exist.
In the case of the Submarino credit card, the institution's website belongs to Banco Cetelem.
In this regard, the institution clarifies that the limits typically vary depending on the credit analyses performed.
However, user limits may change over time, depending on the payment method used.
How do I check and pay my credit card bill?
Accessing your Submarino credit card statement is very easy. In addition to being sent monthly by email a few days before the due date, it can also be accessed in your customer area.
Payment can be made via internet banking using the invoice code, at lottery outlets, and at bank branches.
Is the Submarino credit card worth it?
Customers who frequently make purchases on the Submarino platform can certainly find more benefits by using the company's credit card.
This is because they can benefit from more discounts, promotions, and exclusive payment terms.
However, for users who are not in the habit of shopping on the site all the time, this may not be the best option.
Therefore, it is important to consider all the points presented in this content so that a more definitive decision can be made.