Sicoob: Loan and Financing Lines

Sicoob Loan Lines is different from a traditional bank. It's a credit union. This means that when you become a customer, you're not just a number.

You then become a member, a kind of "owner" of the institution. Therefore, the services are usually provided exclusively to you, with fairer conditions and more personalized service.

Sicoob also offers a wide variety of credit and debit cards, covering everything from everyday purchases to international travel.

They accept the most famous brands: Visa and Mastercard, so they are accepted almost everywhere in the world!

Sicoob can also make dreams come true with loans

You know that idea of realizing a dream, but needing a little financial push? At Sicoob, they help us achieve this by providing the money to make our dreams come true.

Whether you're renovating your home, taking that incredible trip, buying a new car, or even investing in your own business, Sicoob also offers loan and financing options to suit your budget.

As it is a cooperative, they seek the best conditions and fairest rates, thinking about the cooperative members.

>>See this – 3 home loans with the lowest rates <

The goal is for money to be a tool to help you achieve your goals, not an additional worry. Sicoob helps you get there!

Because they're cooperatives, they offer more personalized service and can help you find the solution that best fits your needs and budget.

Sicoob Cards: For All Hours

Debit Card: It's the most basic and essential. With it, you use the money you have in your account immediately.

Credit Cards: Essential, Classic, Gold, Platinum and Black

Essential and Classic: These are entry-level options, good for everyday use, with basic credit facilities and the security of credit cards.

Gold and Platinum: These already offer more advantages. Gold and Platinum: These already offer more advantages.

Platinum is already focusing on travelers, with benefits like travel insurance medical, baggage, cancellation, and some assistance.

Black (Mastercard) and Infinite (Visa): These are Sicoob’s most “powerful” cards. They are for those looking for exclusive experiences and many privileges.

They usually provide access to VIP lounges at airports, concierge service 24 hours like a personal assistant.

Super comprehensive insurance for travel and shopping, and points programs which accumulate much faster.

To get one of these, the required income is higher, and there may be an annual fee, but often you can get an exemption depending on how much you spend.

Virtual Card: For all types of credit, Sicoob offers a virtual card. It's super safe to buy online, as you can generate a different number for each purchase or use a recurring one.

Coopera Program: Most Sicoobcard credit cards participate in Coopera, which is their loyalty program.

Your purchases become points that you can exchange for products, trips, airline miles (transferring to Latam Pass, Smiles, TudoAzul).

Similarly, even by crediting your card statement or depositing it into your capital account.

Sicoob Loans: Money to Organize

When it comes to loans, Sicoob has a wide variety of options, both for you as an individual and for your company.

The big advantage is that, as a cooperative, interest rates are generally fairer than at traditional banks. Meanwhile, service is often more flexible and personalized.

For Individuals (You):

1. Personal Credit: This is the most common loan. You take the money and use it however you want: to travel, renovate your home, or pay off a more expensive debt. No collateral is required, and the rates are competitive.
2. Payroll Loan: If you are retired from the INSS, a pensioner, a public servant, or work for a private company with a health insurance plan, this is one of the best options.
3. The installments are paid directly from your salary or benefit, which makes the interest rates the lowest on the market, with longer terms.
4. Secured Loan (Property or Vehicle): If you have a car or house that's paid off (or nearly paid off), you can use it as collateral. Interest rates are much lower, and repayment terms are much longer, freeing up more cash.
5. Advance Payment of Amounts: You can advance your 13th-month salary, your income tax refund, or your vacation pay. It's quick cash with lower interest rates, ideal for emergencies.
6. Real Estate Credit and Vehicle Financing: Whether your dream is to own a home or a new car, Sicoob offers financing options. First and foremost, with competitive rates and long terms.

For Companies (Legal Entities – PJ):

Sicoob also offers several credit solutions to help your business grow:

• Working capital: This way, you can use cash to keep your business running, pay bills, and buy inventory without surprises. It's good for those who don't like carrying cash and want more security.
• Anticipation of Receivables: If your company sells on credit, you can, in principle, anticipate the sales value and have the money in hand faster.
• Financing: To invest in equipment, machinery, or even expand your business. Includes lines such as PRONAMPE (for MEIs, micro and small companies) and BNDES financing.
• Microcredit: Fast, less bureaucratic credit for small entrepreneurs.
• Debt Renegotiation: If your company is struggling, Sicoob can help you renegotiate your debts with special conditions.

Sicoob Platinum: Loans, coverage abroad?

The Sicoob Platinum card, whether Visa or Mastercard, does offer international coverage. They usually already participate in the rewards program.

This means you can use your card without any worries when traveling outside Brazil and when making purchases on international websites.

Since it's a Platinum card, it already comes with several extra benefits for travelers, you know? For example, depending on your card and brand.

Then you can have access to travel insurance (which covers medical expenses, delayed or lost baggage, and even flight cancellations). It's super important for traveling with peace of mind.

To avoid headaches sometimes, the tip is to always make a travel notification through the Sicoobcard app before boarding.

It's super quick and prevents your card from being blocked for security reasons, thinking it's an unusual purchase. This way, your Sicoob Platinum accompanies you and protects you anywhere in the world!

To be sure which card or loan is best for you, the best thing to do is talk to your Sicoob cooperative.