PicPay Credit Card: the best credit option for those looking for practicality
Amid so many digital banking options that facilitate users' financial transactions, PicPay emerged, a national creation that transformed the lives of thousands of people, centralizing everything in one place: sending and receiving money, paying bills, requesting loans and even cell phone recharge.
PicPay has been adding more functions to its platform every day, and has been gaining more and more user loyalty, but today we will maintain the focus on PicPay's credit function. The PicPay credit card has many functions of a traditional card, but it also has functions that stand out and make you want to have one in your wallet.
PicPay credit card functions
We have separated for you some functions of the PicPay credit card, the card that combines several features and benefits in a single card, bringing you more assertiveness and security in transactions. Discover some card functions that have been taking up space in Brazilians’ wallets:
1. A single card for multiple functions
The PicPay credit card can be used in both the credit and debit functions, making life easier for the modern user, making transactions easier, safer and more unified, meaning that the user only has one physical card. You even have the option to lock and unlock both functions directly through the app.
2. Pay bills with your PicPay credit card
If things get tight and you need help from your credit card to pay a bill, know that this is possible with your PicPay credit card. In addition to the transaction being able to be carried out 100% via the app, you can pay your account in up to 12 installments, quickly and without bureaucracy. There is still the possibility of earning cashback on transactions.
3. Zero annual fee
With a PicPay credit card, you only pay for what you use, and the virtual wallet does not charge you an annual fee. Make your purchases, pay in installments at will and don't pay any fees to keep your credit function active. Few cards offer this possibility, so it is a positive point for PicPay.
4. Full control via App
With a PicPay credit card, you only pay for what you use, and the virtual wallet does not charge you an annual fee. Make your purchases, pay in installments at will and don't pay any fees to keep your credit function active. Few cards offer this possibility, so it is a positive point for PicPay.
5. Pix with credit card
The possibility of sending money via pix with your credit card is one of the most anticipated functions by users, who can perform
transações'via pix mesmo sem ter dinheiro na conta. Você pode pagar via pix com qualquer cartão de crédito, mas fazendo a transação com o cartão PicPay você ganha muito mais vantagens e cashback no app.
- Total balance: It is the total amount spent during the billing period. Paying the balance in full prevents interest from accruing.
- Minimum Balance: It's the minimum amount you need to pay to avoid late payments and credit problems. However, if you only pay the minimum, the remainder will be added to the next month's balance with interest.
There are several fees that may be associated with a credit card, including:
- Annuity: An annual fee for using the card.
- Interest Rates: Charged when the balance is not paid in full by the due date.
When you make a purchase with a credit card, you are essentially taking out a temporary loan from the card issuer. At the end of the billing cycle, you will receive an invoice for the total amount spent. You can choose to pay the full amount or pay a minimum amount, subject to interest.
A credit card is a payment method that allows cardholders to make purchases by temporarily borrowing money from a card issuer (such as a bank) up to an established credit limit.
No, account opening is 100% free.