The PAN Consigned Card, tailored for retirees, INSS pensioners, and public servants, offers a suite of benefits, including exemption from annual fees, generous credit limits up to 3 times the salary, lower interest rates, and the flexibility to withdraw up to 70% of the credit limit.
While targeted at specific groups and requiring payroll deductions for minimum payments, the card presents an opportunity for individuals with poor credit history after undergoing a credit assessment, catering to those prioritizing affordability, convenience, and flexibility in their banking interactions.
Pros
Total exemption from annual fees, generous credit limits, and lower interest rates compared to traditional cards.
Accessibility for individuals with bad credit history post-credit analysis.
Easy application process through the Banco PAN website and home delivery of the Consigned Card.
Banco PAN’s emphasis on financial inclusion, innovation, and sustainability, catering to customer needs with a customer-centric approach.
Cons
Limited to specific groups such as retirees, INSS pensioners, and public servants.
The requirement for payroll deductions for minimum payments may not suit all users.
Users should carefully review benefits, restrictions, and terms to ensure the card aligns with their financial requirements.
Understanding eligibility criteria and terms is crucial for optimizing card benefits and leveraging the card’s features effectively.
Who Should Use This Card?
- Anyone in need of a reasonably priced card, regardless of credit limitations.
- Pensioners and retirees looking for reduced prices.
- Employees of the government requesting credit facilities.
Summary & Fees
- No Annual Fee
- Low Interest Rate
- Designed For Pensioners
- Easy Application
- High Credit Limit
- Additional Benefits
Visit the merchant’s site for detailed information on benefits, interest rates, fees, and eligibility criteria. You can also find exclusive offers or promotions specific to the Banco Pan Consignado credit card!
Just remember, not all cards are the same. We are constantly updating our links and blogs to include these sources. Certain bank accounts also offer better pricing for cards for members.
