With an incredible 1.8% cashback, the Méliuz credit card is attracting a lot of attention from those who like to shop online and receive part of their money back through cashback. The startup's website offers the option to run simulations to find out the approximate amount of cashback you will earn over a one-year period.
About Méliuz
Founded in 2011, Méliuz is a Brazilian startup offering a no-annual-fee credit card , a platform, and a browser extension for platforms like Chrome.
What are the advantages and disadvantages of the Méliuz card?
Advantages
- No annual fee is charged;
- Cashback that can reach up to 1.8% of the value of your purchase;
- Purchases both in Brazil and abroad, using your international credit card;
- Credit limit control, where you decide whether you want to stick to your maximum spending limit;
- Track your expenses in real time through your mobile app for Android and iOS smartphones;
- Mastercard Surpreenda rewards program (buy one, get one free), where you earn 1 point for every purchase you make, regardless of the amount.
Disadvantages
- It does not have its own specific program for accumulating miles;
- There is no way to request additional cards for dependents to use;
- Only those who have at least a minimum income of one minimum wage can apply for the job.
- Cashbacks do not apply to bill payments, only to purchases made with a credit card in physical and online stores.
How do I apply for the Méliuz credit card?
You can apply for the Méliuz credit card through their official website, where you will need to provide some personal information, such as your full name, CPF (Brazilian tax identification number), and email address. After that, Banco PAN will conduct a credit analysis and decide whether to approve or reject your application.