The XP credit card is a no-annual-fee card that returns "points" in the form of cashback to an exclusive fund and offers a higher return than a savings account. With this offer, XP begins offering a credit card to its clients, but the question remains: is the XP credit card worth it?
To learn more about the new XP credit card and its benefits, keep reading this article!
About the XP credit card
Apparently, the card offered falls into the Platinum category, which offers several Visa wallet services, in addition to Premium services such as complimentary VIP lounge passes.
However, this might only be a problem for you if you travel frequently and enjoy the comfort of airport VIP lounges.
The XP credit card, on the other hand, is new to the market and returns 1% of the amount spent in your account in cash to your XP account, to an exclusive fund, with daily liquidity and easy reimbursement.
Who is the XP credit card for?
The new XP Visa Infinite Credit Card is offered to all active clients, meaning clients who have an investment with XP.
To qualify for the card, you must have a minimum investment of 50,000 reais in XP.
If you haven't yet received an email offering the card or haven't checked the "Cards" tab in the app, you can apply through this link, but don't be fooled: this link will put you on a waiting list that is evaluated internally by the XP team.
What are the advantages of the XP credit card?
First of all, it's important to divide the benefits of the XP card into two parts: one refers to the benefits offered by XP to the client that are exclusive to the company, and the other are the benefits offered by the company that can be found on Visa cards from other financial institutions.
Discover the benefits and advantages of the XP credit card:
Investback
For every purchase made with an XP credit card, 1% of that amount is returned to your XP account as an investment in an exclusive, fee-free managed fund that is predominantly linked to government bonds.
This fund offers a higher return than savings accounts, and it has daily liquidity, meaning you can withdraw your money from the fund on the same day.
Investback Turbo
The XP app gives you access to its marketplace, which includes department stores, home goods, fashion, and much more. If you make a purchase in this marketplace using a link from one of the partner stores, you can get up to 5% back.
No income
If you're tired of paying an annual fee to use your credit card, the XP card offers a free annual fee!
Your XP credit card limit
The XP credit card limit is dynamic; the more money invested, the higher the credit card limit.
Security
There are no numbers on the physical card, only your name. You can also change your password and lock and unlock your digital and physical card directly in the app.
The card is equipped with NFC technology, which enables proximity-based payments to help you make safer purchases.
Other cards
The cardholder can request up to six additional cards that will share all the benefits, as well as the credit limit of the primary cardholder's card. The additional cards also generate cashback in the main account.
Benefits of the XP credit card:
Trips
With the Visa Infinite card, you'll have access to international emergency travel insurance, car rental insurance, free airport parking, and much more!
Daily
The Flagship card offers purchase and price protection, extended product warranties, and much more.
Concierge service
First of all, if you've ever used a Concierge service, you know how useful it is! Through this service, you can get tips on gifts, restaurants, travel itineraries, and other necessary information. This assistant will also help you with unforeseen events, date changes, or cancellations.
How do I apply for an XP credit card?
XP is launching a new card for its clients. If you received an email invitation and would like to apply for a card, please follow the steps below:
- Open the XP application and click on the “Card” tab in the bottom right corner.
- Tap the “Request my card” button to activate the card.
- Accept the terms and conditions of your card purchase.
- Please confirm your address.
- Select the name to be printed on the card.
- Set the invoice due date.
- Create a password for the card.
- Review and verify the information and confirm the order.
- Finally, proceed with facial verification and confirm the order.
- Once the order is confirmed, the card will be ready to use.
However, while you wait for your physical card to arrive, you can use your virtual card to make online purchases, subscribe to apps like Uber or Spotify, and other options that a virtual card allows.
The XP credit card will provide you with the ease of making purchases and installment payments, as well as the comfort of organizing your finances with installments that truly fit your budget, so you don't miss out on what you need and can organize your financial life.
Safe, easy, and very simple to apply for, don't waste any more time and get your XP credit card today, guaranteeing another benefit that only this incredible financial institution can provide.