If you've made it this far, it's because you want to know the advantages and benefits of getting this Vivo Itaucard credit card and what it can and cannot offer you. Stay with us until the end of the post and learn a little more about this card.
The product is sold under the Mastercard and Visa brands and offers up to 10% cashback on purchases at Vivo stores, as well as cashback on transactions at other institutions. There are annual , but this cost can be replaced by a monthly fee with the operator.
This isn't the first time Vivo has entered this market: the operator partnered with Banco Itaú for the Vivo Itaucard, generating points for the Vivo Valoriza program through credit card spending. In the new model, the card entitles the user to cashback, as Vivo's rewards program has eliminated the points system.
Advantages and benefits of acquiring the Vivo Itaucard credit card:
Itaucard offers the possibility of using the Itaucard app to fully manage your Vivo Itaucard Platinum Mastercard credit cards. You can access statements, make payments, and receive email and SMS notifications about important events on your statement.
Itaucard also offers the Mais Crédito service. Solutions to organize the financial lives of cardholders: Personal credit: Need to deposit funds into your account to bring your plan to life?
With personal credit, you can receive it in up to 48 hours, without using your credit card limit, and make up to 36 payments. Pay a single bill: Need more time to pay the bill? Use your credit card to pay for up to 40 days!
Automatic bill payment: organize your financial life by consolidating recurring bills on your credit card. Cash withdrawal: if you need cash on hand, use a credit card to withdraw money, no worries! Invoice installment: pay your bill in up to 24 installments.
With this card, you can enjoy exclusive installment payment options for purchases at Vivo stores, but the most interesting, though somewhat limited, aspect is the exclusive offers available with the Vivo Itaucard.
Vivo Itaucard customers have a special benefit and are entitled to two exclusive monthly rewards. However, the rewards are not cumulative, and if customers choose not to redeem their rewards in a given month, they will automatically expire.
Therefore, he has the "advantage" of buying new cell phones at a discount, but to use the discount it is necessary to buy them every month, which is very beneficial for Vivo, not for the cardholders.
Participate in the Vivo Valoriza points program: Vivo ItauCard credit card:
Now let's talk specifically about Vivo's rewards and loyalty program. Vivo Valoriza offers discounts and gifts from various partners (currently more than 200) in 4 main areas:
- Food (free discounts and discounts at restaurants, food stores and gastronomic events);
- travel (discounts and discounts on hotels, hotels, airline tickets and car rentals);
- Culture (tickets for the Brazilian selection of films, theater, shows and games);
- Happiness (Benefits of mental and body therapy, hydrotherapy, self-knowledge and meditation).
The card was created by Itaucard and Vivo, a subsidiary of Banco Itaú. This is a co-branded card developed to retain Vivo customers. Itaú is one of the five largest banks in Brazil, founded in 1945. Vivo is the main subsidiary of Telefônica Brasil, the largest telecommunications company in Brazil.
Currently, there are several credit cards with no annual fee on the market, in addition to other options that offer incremental discounts on the bill. However, the Vivo Itaucard Cashback Visa Platinum card makes this possibility applicable only to the operator's fees.
If the customer wants to waive the annual credit card fee, they must spend at least R$350.00 on their Vivo product bill.
This situation may not be a problem for the operator's customers, who pay monthly fees such as for landline phones and pay-TV packages. However, for people who are not Vivo customers and do not have a monthly fee, this requirement may be disadvantageous.
However, another drawback of the service is the timeframe Itaú provides for evaluating the requested proposal, which can take up to 45 days.
Even though some users report receiving a response in a shorter period of time, there is no guarantee that this will happen for all reviews.
Therefore, those interested in the Vivo Itaucard Cashback Visa Platinum card, but eager to start using the service, may see this as a disadvantage. If you wish, review our content, which includes cards with faster approvals.
Vivo Itaucard Credit Card Limit: Learn more
The initial credit limit on the card is also an important element in consumer analysis because it helps determine if the service can truly meet their needs. Initially, the Vivo Itaucard Cashback Visa Platinum did not disclose its initial credit limit.
This is because the agency analyzes the proposal individually, so the margin for each client is different. However, to better understand the product, it's possible to seek recommendations from other users and people who have registered.
How do I apply for a Vivo Itaucard credit card?
The application process is very simple and easy; you don't need to go to the branch in person. Just fill out an online form with all your information on the finance company's official website by clicking here.