Banregio
Banregio Platinum
Banregio Platinum is a no-annual-fee Mexico credit card that gives rewards on purchases, including higher rewards for online purchases with the virtual card and physical purchases abroad, with flexible reward redemption through the Banregio rewards program.
Highlights
Main benefits
- No annual fee
- 25% rewards on physical card purchases
- 5% rewards on online purchases with virtual card
- 5% rewards on physical purchases abroad
- Automatic rewards program enrollment
- Rewards usable for purchases at eligible merchants
- Virtual card for online purchases
- Contactless physical card
- Balance transfer option from other banks
- Flexible reward redemption through Banregio rewards
- Good no-annual-fee option in Mexico
Fees
Fees and charges
Joining fee
Not specified
Renewal fee
No annual fee
Annual fee waiver
No annual fee
Who can apply
Eligibility
- Applicant must be an individual customer in Mexico
- Applicant must meet Banregio credit approval criteria
- Valid official identification is required
- Proof of income may be required
- Credit history may be considered during application
Checklist
Documents required
- Valid official identification
- Proof of address
- Proof of income
- Personal and contact information
- Additional documents requested during application
Process
How to apply
1. Visit the Banregio Platinum credit card page
2. Select the option to apply for the card
3. Enter personal, contact and income details
4. Provide the requested documents
5. Submit the application for Banregio credit review
6. Wait for the application decision
7. After approval, activate the physical card and virtual card through Banregio channels
Value
Reward and cashback structure
Reward rate
1.25% rewards on physical card purchases
1.5% rewards on online purchases with the virtual card
1.5% rewards on physical purchases abroad
Cashback
25% reward value on physical card purchases
5% reward value on online purchases with the virtual card
5% reward value on physical purchases abroad
Rewards can be used to pay at eligible merchants and online purchases
Good fit
Pros
- No annual fee
- Good rewards rate for a no-annual-fee card
- Higher reward value on online virtual card purchases
- Higher reward value on physical purchases abroad
- Flexible cashback-style reward usage
- Useful for everyday spending
- Virtual card support for online purchases
- Good option for Banregio customers
Watchouts
Cons
- Joining fee not specified
- Lounge access not clearly listed on main issuer page
- Fuel surcharge waiver not specified
- Approval depends on Banregio credit review
- Best rewards rate requires virtual card or foreign physical purchases
- Reward usage depends on Banregio rewards program rules
Related
Related cards
Compare
Compare Cards
| Field | Banregio Platinum | HSBC 2Now |
|---|---|---|
| Bank/provider | Banregio | HSBC Mexico |
| Joining fee | Not specified | Not specified |
| Renewal fee | No annual fee | $0 MXN annual fee |
| Best for |
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| Reward rate |
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| Cashback |
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| Lounge access | Not specified | Not specified |
| Fuel surcharge waiver | Not specified | Not specified |
| Welcome benefit |
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| Annual fee waiver condition | No annual fee | No annual fee |
| Eligibility |
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| Apply link | Apply Now | Apply Now |