Simple Cash Card

Caixa Econômica Federal, together with Elo, has created the Caixa Simples credit card, aimed at INSS retirees and pensioners under 75.  

This card is international and a new feature is the possibility of deducting 5% of the INSS amount from the account.  

Your credit card is: Caixa Simples 

Main advantages 

• Zero annual fee  
• You don't have to worry about operating and service costs, because you're exempt.  
• Withdrawing a 95% credit card from the credit line can transfer the money to the recipient's account if desired, and this option can be used to pay off other debts with higher interest rates.  

Cons of this card 

Automatic debiting of accounts 

• At the time of shipment, the minimum invoice amount is automatically deducted from the payment.  
• Specific approval  
• It is only available to INSS retirees, pensioners and civil servants. 

More details on the Caixa Simples card: 

• Totally free membership 
• Elo card accepted in 99% of establishments 
• International card 
• Interest could reach 2.85% 
• Now we've done a complete analysis of your Caixa Simples credit card 
• Very low interest rates 

When you use your revolving card, you pay monthly interest of 2.85%. These rates are very low. To give you an idea, the average card pays 11% per month.  

Without consulting Serasa and SPC If your name is dirty, this does not prevent the creation of a new CAIXA card, as this information is not required during the analysis.  

Free of bureaucracy, you only need to find out about any pending issues directly from Caixa Econômica, as they must be resolved before you can take out the contract.  

Elo Mania Caixa Club  

Everything you buy becomes an Elo card benefit.  

Simply register your credit card on the Elo website and take part in exclusive offers and promotions.