Mercado Pago credit card - waiting list
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Mercado Pago launched a new feature this week: a waiting list for the physical credit card.
The fintech company already provides credit through Mercado de Crédito; however, it can only be used online or by taking out a loan.
But, by all indications, she will soon begin issuing the physical credit card, which will further improve the lives of debit card users.
Therefore, continue reading this article and learn more about it. Mercado Pago credit card and how to get on the waiting list.
About the Market
Mercado Pago is the fintech arm of Mercado Libre. Currently, it's a full-service digital wallet and bank, offering a wide range of products and services that greatly simplify the lives of its customers.
One of the services that users like the most is Mercado Libre's credit market. With it, Mercado Libre customers can obtain a credit limit.
This limit can be used to pay for purchases, bills, water and electricity bills, top-ups, subscriptions, and much more!
Furthermore, after a while of frequently using your credit limit and paying on time, it always increases.
In addition to increasing your credit limit, they also unlock the "Loan" feature, for example, you can borrow an amount from your credit limit and pay it in installments.
Certainly, this product is great and saves us in times of need; the only downside is the interest rate.
Speaking of advantages, you can get this credit and loan even with a bad credit history and low score; what is considered is only your relationship with Mercado Pago.
Therefore, it's important to always use the app to pay bills, transfer money, receive salaries and payments, etc.
By doing this frequently and keeping your account active, you will soon receive credit, and consequently, the loan service and finally, the Mercado Pago credit card.
About the Mercado Pago credit card
Well, there isn't much information yet about Mercado Pago's physical credit card, but we'll tell you everything we know now!
O Mercado Pago credit card There is no annual fee, and it will be both credit and debit on the same card.
This leads us to believe that the credit function will be enabled on the debit card we already have, meaning we won't need to wait for a new card to arrive. We hope that's the case!
With it, you can pay your bills in up to 18 interest-free installments on Mercado Libre for selected products. Your purchases also earn double points in Mercado Pontos.
This means you'll have even more advantages and discounts when shopping on Mercado Libre.
Furthermore, it will be accepted in any store worldwide, both online and physical.
Who can have the card?
To join the waiting list, you need to have an active Mercado Pago account, an active virtual debit card, an unlocked physical card, and an updated version of the app.
Now, see below how to join the waiting list.
How can I join the waiting list for a Mercado Pago credit card?
Open your app and look for the "Request credit card" icon; it might have a blue label that says "New".
Click the icon and select “Join the waiting list”. You will receive an email informing you that you are now part of the waiting list. Mercado Pago credit card.
So, all that's left is to wait for the fintech's analysis and response.
Find answers to more questions on the website. MP.
Good luck!
Contact Mercado Pago:
0800 637 7246 for all of Brazil
0800 650 2121 for the hearing and speech impaired.
* Information source: https://www.mercadopago.com.br/mercado-credito/creditos-empresa-online
