If you have never had a credit card, requesting it for the first time is not such a complicated procedure.

Apart from traditional banks, now there are fintechs that offer credit cards without history that you can get quickly and without bureaucracy.

The Stori card is issued by financier Stori, founded in 2018 and incorporated under SOFOM (Sociedad Financiera de Object Múltiplo), which seeks to contribute to making financial services more accessible to all sectors of the population of Mexico.

The company's first product is its credit card, but it has the objective of expanding its products to all of Latin America.

Designed for those who want to start a credit history, the Stori card can be approved for usted even if you have previously had problems.

The conditions of the product will be different depending on the payment risk you have, so both the credit line, the type of interest and the opening fee are better for someone who has never had a card than another applicant who has had problems with their credit.

Requirements to apply for the Stori card

To request this card it is not necessary to credit your income, as Stori will estimate your income based on the information provided and obtained from your credit report, so to request it you only need to have:

  • A mobile phone with Android or iOS system;
  • Count on your current voting credential, either from the IFE or from the INE;
  • Have proof of current residence of no more than 3 months of age;
  • Tener una tarjeta de débito.

    • How to request the Stori card

    Once you have all the documents at hand, you will need to download the application on your mobile phone.

    Then, you will have to register your mobile number and email address and provide the requested information.

    Once the request is approved, you will receive a notification in your email, using the app you can follow up on the sending of your credit card which is free and may take 7 to 23 days to reach the address indicated.

    → REQUEST STORI CREDIT TARGET

    Benefits and credit line

    Regarding credit values, in general the Stori card provides a small credit line that can be increased to 10,000 pesos as responsible use is demonstrated.

    In terms of benefits, including the Mastercard banner, you can use it in thousands of establishments, both in Mexico and abroad, as well as for online purchases, with the security and confidence that characterize the brand.

    The card also offers a chip with tilting technology, which gives you greater peace of mind.

    Fees, costs and commissions for the Stori credit card

    The Stori credit card does not charge an annual fee for life and also requires a minimum use to exempt it, so if you obtain it and use it only in cases of emergency you will not have to pay a fee for inactivity.

    However, there is a bill opening commission that could be up to 500 pesos. This commission will depend on the analysis of your credit risk, which is to say, the greater the risk, the greater the commission will be.

    The type of annual interest can reach 99.9% and the CTA is 162.84% without VAT.

    → REQUEST STORI CREDIT TARGET 

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