Why is Nelo better than a traditional credit card?
With Nelo you always know exactly how much and when you will pay. With no revolving charges, you avoid piling up excessive interest on latent debt, unlike a traditional credit card.
Advantages over a traditional card
- You know how much and when you will pay from the start.
- No revolving credit: no interest accruing on latent debt.
- Installment payments that are easy to plan.
- Interest-free monthly purchases at Tienda Nelo.
Do I need a bank card?
No. Nelo gives you a digital credit line with no bank card required. As a VIP Plus user you can also get a physical credit card.
