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What Are the Best Credit Card Issuers in Portugal? (2026)

By Jules de Bruin, Market ResearcherUpdated August 17 2026 | Found helpful by 6 others

Updated August 2026. The main credit card issuers in Portugal are high-street banks such as Millennium bcp, Caixa Geral de Depósitos, Novobanco, BPI, Santander, and ActivoBank; direct issuers such as WiZink and Unibanco; and partner issuers such as Cetelem and Banco CTT. Fintechs such as Revolut and N26 issue debit cards, not local revolving credit cards.

Who Are the Main Credit Card Issuers?

Banks bundle credit cards with current accounts. Direct issuers specialise in cards without requiring a current account. Partner issuers often run store or brand programmes. Fintechs focus on debit and multi-currency accounts.

How to Choose an Issuer

If you already bank in Portugal, a bank card may offer fee waivers. If you want a free standalone card, look at direct issuers. If you shop heavily with a partner network, co-brand cards can maximise rewards.

Top Credit Card Issuers

Leading issuers from the August 2026 catalogue, ranked by product breadth, fee competitiveness, and accessibility.

Unicre

Cartão Unibanco Clássico

4.0

No availability fee, in year 1 or any year after

  • You do not have to change bank
  • 20 to 50 days of interest-free credit
  • 18,9% TAEG if you pay in instalments
View products
Annual fee
Free
APR

APR

The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.

TAEG 18,9% (TAN 18,400%)
Network

Network

The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.

Visa
Portuguese IBAN

Portuguese IBAN

Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.

Required
More details
FX fee

FX fee

What the issuer adds when you pay in a currency other than euro. Typically 1.75% to 2%, so 0% is a real saving abroad.

an international fee per the Unicre price list
Rewards
Cashback tiers up to EUR 200 in the first 12 months (EUR 5/10/20 per month bands by monthly spend); Trividir 3x 0% instalments
Billing
50 days interest-free at 100%; fixed/percentage instalments; Trividir splits purchases from EUR 150 into 3x without interest
How to apply
online / loja
Card in
about 5-10 business days

Prices as of August 2026, verify on the provider site.

WiZink Bank

WiZink Flex

4.0

No availability fee in any year

  • Flexible repayment over 3 to 96 months
  • Free travel insurance and purchase protection
  • TAEG around 19%, at Banco de Portugal's ceiling
View products
Annual fee
Free
APR

APR

The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.

TAEG ~19,0% (desde)
Network

Network

The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.

Visa
Portuguese IBAN

Portuguese IBAN

Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.

Required
More details
FX fee

FX fee

What the issuer adds when you pay in a currency other than euro. Typically 1.75% to 2%, so 0% is a real saving abroad.

n/a
Rewards
None on Flex (rewards sit on the WiZink Rewards sibling)
Billing
Fim do Mês (pay in full, interest-free) or Fracionado instalments with interest
How to apply
online
Card in
about 5-10 business days

Prices as of August 2026, verify on the provider site.

Universo

Cartão Universo+

4.2

5% on Continente and Meu Super purchases, in end-of-month mode

  • 1% in other shops, credited to your Cartão Continente
  • No annual fee and no availability charge
  • The 5% cashback is capped at EUR 10 a month in practice
View products
Annual fee
Free
APR

APR

The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.

TAEG 18,5% (TAN 18,00%)
Network

Network

The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.

Mastercard
Portuguese IBAN

Portuguese IBAN

Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.

Required
More details
FX fee

FX fee

What the issuer adds when you pay in a currency other than euro. Typically 1.75% to 2%, so 0% is a real saving abroad.

n/a
Rewards
In Fim do Mês mode: 5% in Cartão Continente balance at Continente/Meu Super/Wells/ZU and 1% everywhere else (1.5% on first EUR 250, 0.5% above EUR 750 per statement); Cartão Continente promotions and vouchers
Billing
Fim do Mês (interest-free), fixed monthly instalments, or split individual purchases 3-24x
How to apply
online / app
Card in
about 5-10 business days

Prices as of August 2026, verify on the provider site.

Cetelem

Cetelem Black Plus

4.0

3% em supermercados, restaurantes, gasolineiras, TVDE e streaming

  • No annual fee and no availability fee
  • Cashback of up to EUR 120 a year
  • Cashback capped at EUR 10 a month
View products
Annual fee
Free
APR

APR

The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.

TAEG ~19,0%
Network

Network

The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.

Mastercard
Portuguese IBAN

Portuguese IBAN

Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.

Required
More details
FX fee

FX fee

What the issuer adds when you pay in a currency other than euro. Typically 1.75% to 2%, so 0% is a real saving abroad.

n/a
Rewards
3% cashback in six chosen categories (supermarkets, restaurants, fuel, EV charging, TVDE, streaming); EUR 50 joining voucher (promo 16 Jun–30 Sep 2026, min EUR 300 spend in 45 days)
Billing
50 days interest-free at 100%; Fim do Mês, Fracionado or Personalizado payment modes
How to apply
online
Card in
about 5-10 business days

Prices as of August 2026, verify on the provider site.

Bankinter

Bankintercard Gold

3.8

3% cashback for the first 12 months

  • No annual fee and no availability fee
  • Does not require opening a Bankinter account
  • Cashback capped at EUR 5 a month (EUR 60 a year)
View products
Annual fee
Free
APR

APR

The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.

TAEG ~19,0%
Network

Network

The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.

Visa
Portuguese IBAN

Portuguese IBAN

Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.

Required
More details
FX fee

FX fee

What the issuer adds when you pay in a currency other than euro. Typically 1.75% to 2%, so 0% is a real saving abroad.

n/a
Rewards
3% cashback on purchases during the first 12 months, capped EUR 5/month (EUR 60/year)
Billing
Fim do Mês (interest-free) or fixed monthly instalments; purchases splittable into 3-24 months
How to apply
online
Card in
about 5-10 business days

Prices as of August 2026, verify on the provider site.

Cofidis

Cartão de Crédito Cofidis (plano Standard)

3.6

1% cashback on all purchases, with no annual fee

  • The Mais plan at EUR 2 a month raises cashback to 2%
  • Sign-up and management 100% online
  • Standard cashback capped at EUR 100 a year
View products
Annual fee
Free
APR

APR

The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.

TAEG n/a (check the price list)
Network

Network

The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.

Mastercard
Portuguese IBAN

Portuguese IBAN

Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.

Required
More details
FX fee

FX fee

What the issuer adds when you pay in a currency other than euro. Typically 1.75% to 2%, so 0% is a real saving abroad.

n/a
Rewards
Nenhum
Billing
20 to 50 interest-free days when you repay 100% of the balance
How to apply
online
Card in
n/a

Prices as of August 2026, verify on the provider site.

Millennium bcp

Cartão Millennium TAP Classic

3.5

1 mile per euro spent

  • 2.000 welcome miles on sign-up
  • Travel insurance included
  • An annual fee of 41,60 EUR every year
View products
Annual fee
EUR 41,60
APR

APR

The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.

TAEG 18,5% (TAN 12,60%)
Network

Network

The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.

Visa
Portuguese IBAN

Portuguese IBAN

Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.

Required
More details
FX fee

FX fee

What the issuer adds when you pay in a currency other than euro. Typically 1.75% to 2%, so 0% is a real saving abroad.

n/a
Rewards
1 TAP Miles&Go mile per EUR 1 spent (cap 5,000 miles/month); miles never expire with one purchase per month
Billing
Fixed monthly amount, percentages, or pay in full
How to apply
online
Card in
about 7-10 business days

Prices as of August 2026, verify on the provider site.

Frequently Asked Questions

Is WiZink a bank?

WiZink is a specialised credit institution and direct issuer; it does not operate as a full-service retail bank.

Can I have cards from more than one issuer?

Yes. Many residents keep a local credit card for instalments and a fintech debit card for travel.

Do all banks issue credit cards?

Most Portuguese retail banks issue credit cards, but product range and perks vary.

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