The Magalu Card, from Magazine Luiza and Itaú Unibanco, makes your shopping easier and more rewarding.
It allows you to enjoy exclusive discounts, cashback, and flexible payment options both online and in-store.
With quick approval and digital control through the Magalu app, you can easily manage your purchases and benefits in one place.
What Is the Magalu Card?
The Magalu Card is a co-branded credit card created by Magazine Luiza and Itaú Unibanco to offer exclusive shopping benefits.
You can use it for purchases at Magalu stores, online, and partner establishments with flexible payment options.
Key Features and Store Benefits
The Magalu Card offers practical features that make shopping easier and more rewarding.
You can enjoy exclusive store benefits, flexible payments, and full control through the app.
- Exclusive Discounts and Cashback: Earn rewards and cashback when shopping at Magalu stores or online through the Magalu app.
- Flexible Payment Options: Split purchases into interest-free installments and access special financing promotions.
- App Management: Control your transactions, limits, and statements directly from the Magalu app.
- Contactless Payments: Make quick and secure purchases using tap-to-pay technology.
- Purchase Alerts: Receive real-time notifications for each transaction to monitor your spending.
- Integration with MagaluPay: Use MagaluPay for added cashback and seamless digital payments.
Eligibility Requirements
To qualify for this credit card, you need to meet basic financial and identification requirements. These ensure responsible use and proper credit evaluation.
- Minimum Age: You must be at least 18 years old.
- Valid CPF: A regular and active CPF is required for the application.
- Proof of Income: Present recent income documentation to verify financial capacity.
- Credit History: Maintain a clean credit record for better approval chances.
- Residency: You need to live in Brazil and provide proof of address.
- Personal Documents: Submit a valid ID and proof of residence for verification.
How to Apply for the Magalu Card
You can apply in two ways — online or directly at a store. Both options require your personal and financial information for identity and credit verification.
Online Application
- Visit the Magazine Luiza website or open the Magalu app.
- Select the credit card application section and start your request.
- Fill in your personal, contact, and income details accurately.
- Submit your form for credit review by Itaú Unibanco.
- Wait for approval notification via email or app.
- Once approved, manage your card digitally through the Magalu app.
In-Store Application
- Go to any Magazine Luiza store near you.
- Ask for assistance at the customer service or checkout area.
- Present your CPF, valid ID, and proof of income and residence.
- The attendant will complete your application on-site and submit it for analysis.
- You’ll receive confirmation after the credit review is completed.
- After approval, track your card delivery and activate it through the app.
Interest Rates and Fees
The interest rates and fees set the real cost of using the card, especially when you carry balances or do special operations.
Below are commonly reported rates and charges tied to the Magalu / Magazine Luiza card.
- Annual Fee: No annual fee for both main and additional cards.
- Revolving Interest: Around 12.16% per month if you don’t pay the full bill.
- Invoice Installment Interest: Approximately 7.78% per month for installment payments.
- Late Payment Interest: Fixed at 2% of the total amount due.
- Default Interest (Mora): Charged at 1% per month until payment is completed.
- Late Payment Fine: An Additional 2% penalty for overdue bills.
- Replacement Card Fee: R$9.90 for issuing a duplicate card.
- Cash Advance Fee: R$12.00 per withdrawal through the credit option.
Rewards and Loyalty Program
Rewards and loyalty programs incentivize frequent use by giving back value each time you shop. Below are the main reward features linked to the card.
- Cashback on Magalu Purchases: Earn 2% cashback on products sold and delivered by Magazine Luiza.
- Credit to MagaluPay Wallet: Cashback is credited directly to your MagaluPay account for future use.
- Exclusive Partner Discounts & Offers: Get special deals and promotions through card-partner networks.
- Virtual Card Rewards: Use a virtual card for online purchases with integrated reward eligibility.
- Campaign-based Bonuses: Occasional promotions may offer higher cashback rates or bonus credits.
Security and Fraud Protection
Protecting your financial information is a top priority. These security measures help keep your transactions and personal data safe from fraud or misuse.
- Two-Factor Authentication: Every online access or transaction requires a second verification step, such as a code sent by SMS.
- Real-Time Transaction Alerts: You receive instant notifications through the app or email for all purchases.
- App Card Blocking: Instantly block or unblock your card in the app if it’s lost or stolen.
- Virtual Card for Online Shopping: Use a temporary digital card for safer online purchases.
- AI Fraud Detection: Advanced monitoring systems identify suspicious activity and block potential fraud attempts.
- Data Encryption: All personal and financial data is encrypted during storage and transfer.
- Phishing and Scam Protection: Ongoing updates and alerts educate users about common online scams.
Tips for Responsible Use
Using your credit card wisely helps you avoid debt and keep a healthy financial profile. These tips encourage smart spending and responsible management.
- Pay Your Bill on Time: Always pay before the due date to avoid interest and penalties.
- Avoid Minimum Payments: Paying only the minimum increases your debt due to high revolving interest.
- Track Your Expenses: Use the app to monitor purchases and manage your budget effectively.
- Use Installments Carefully: Split payments only when necessary and within your budget.
- Keep Credit Utilization Low: Try not to use more than 30% of your credit limit each month.
- Review Statements Regularly: Check for incorrect or suspicious transactions.
- Build a Positive Credit History: Consistent payments improve your credit score and future approval chances.
Customer Service and Support
Customer service helps you resolve issues, get answers, and manage your account. Below are the main support channels available for cardholders.
- Phone Support / Call Center: Reach Itaú customer service via designated phone lines (e.g., SAC: 0800 728 0728).
- App & Mobile Support: Use the Itaú Cartões or Magalu app to chat, request help, or block your card.
- Web / Online Help Center: Assistance pages, FAQs, and contact forms via Magazine Luiza’s help site (Atendimento).
- In-Store Assistance: Staff at Magazine Luiza stores can help with account questions or application issues.
- Email Support: Contact via email channels offered by Itaú or Magazine Luiza for non-urgent matters.
- Social Media / Chat Channels: Use official social media or live chat on websites/apps to get support.
To Sum Up
The Magalu Card offers exclusive benefits, cashback, and full digital control for your daily shopping.
Backed by Itaú Unibanco, it combines flexibility, convenience, and strong security in one product.
If you want to simplify payments and earn rewards, apply for the Magalu Card online or visit a Magazine Luiza store today.
Disclaimer
Itaú Unibanco determines rates, fees, and terms for the Magalu Card and may change without prior notice.
Always review the latest conditions on the official Magazine Luiza or Itaú websites before applying.
