Meliuz review

There is no charge to keep the card open: the annual fee is BRL 0 and the monthly fee is BRL 0. That puts Meliuz at the free end of the credit card range, where the median monthly fee across the site sits at €0. What you pay back on the balance is a separate question.

Meliuz sits at position 1 on annual fee among the 301 brands listed, with an annual fee of BRL 0. The card is also a no annual fee account, so the charge stays away at renewal rather than returning each year.

Rewards come as cashback and the headline rate is 2%. It applies to online purchases started through the Meliuz app, so spending elsewhere on the card does not earn the same return. Cashback is the rewards the card is built around.

It is a credit card on the mastercard network, and Meliuz lists it as a no annual fee account. Balances have to be paid back rather than drawn from a deposit, and the issuer is based in Brazil, so this is a product for one home market.

The Mastercard Platinum travel insurance, MasterSeguros car insurance and corkage fee waiver list is long: alongside a physical and virtual card it includes a concierge service, travel insurance, car insurance, a corkage fee waiver and Priceless Cities. The card is also Google Pay compatible, and both a physical and a virtual card come under Mastercard Platinum travel insurance, MasterSeguros car insurance and corkage fee waiver for online payments.

Support runs on chat, phone and help centre, and that is the full set. Email is not among the channels, so if you prefer a written trail, keep your own record of calls and chats. Cardholders who want email only support should look at another issuer.

The card is issued by MELIUZ S.A., a company based in Brazil, and the regulator named for that market is Banco Central do Brasil. Since the issuer and the regulator are both Brazilian, the account is supervised locally rather than by an overseas scheme.

Meliuz is a credit card issued by a company based in Brazil, so it is built for Brazilian customers and Brazilian shopping. The cashback applies to online purchases started in the app, which points to a single market. A physical and virtual card both come under Mastercard Platinum travel insurance, MasterSeguros car insurance and corkage fee waiver.