The Ourocard Universitário Internacional, offered by Banco do Brasil, is an appealing option for students looking for their first credit card. Boasting a generous pre-approved limit of up to R$1,500, this card stands out for its zero annual fee and the unique advantage of not requiring proof of income. You do not need to open a bank account with Banco do Brasil to apply, making it accessible for a broad range of university students. This offer is designed for those enrolled in higher education and is available to applicants above 16 years old (with a responsible adult for minors).

How to Apply: Step by Step

It’s easy to apply for the Ourocard Universitário Internacional via the Banco do Brasil mobile app. Open the BB app and select the ‘credit card’ menu. Complete the verification steps, including confirming your phone number and submission of documents and a selfie. Once your data is reviewed and approved, you can choose between a physical or digital card version and instantly start using the card online or in major digital wallets.

Pros

One of the greatest advantages of this card is its zero annual fee, helping students manage their finances without extra costs. The no-income-proof application makes acquiring your first card far simpler and less intimidating. Additionally, you enjoy a generous credit limit compared to most student cards.

Cons

A possible disadvantage is the moderate initial credit limit, which might not be enough for students needing more purchasing power. Also, applicants must be actively enrolled in university, which restricts eligibility. For those under 18, it’s necessary to visit a branch with a legal guardian to apply in person.

Our Verdict

Overall, the Ourocard Universitário Internacional is an excellent first credit card for university students in South Africa and Brazil alike. The lack of an annual fee, income proof, and the ease of application create solid value for money. It’s an ideal solution for those starting to build their credit history and responsible financial habits.