The CMR Falabella credit card is one of the most valued financial products in Chile. Many people choose it for its flexibility, reward points, and merchant discounts.
If you’re looking for a convenient way to shop and save, this card offers strong benefits. You’ll learn everything here, including how to apply for this credit card.
What is the CMR Falabella Credit Card?
This card is issued by Banco Falabella and is accepted across Chile and abroad. It’s available in three versions: CMR Mastercard, Premium, and Elite.
Each one fits a specific user profile depending on your spending habits. You’ll benefit from exclusive deals and access to the CMR Points program.
CMR Card Variants and Their Differences
Banco Falabella offers three distinct card options to suit different financial needs. All options come with Mastercard benefits and access to international transactions. Let’s break down what each version includes.
CMR Mastercard – Green
This is the basic version of the CMR card. It offers access to discounts, CMR Points, and zero commission on international purchases.
It’s ideal if you’re starting out or want simple, straightforward features. Transactions abroad are automatically converted to Chilean pesos.
CMR Mastercard Premium – Gray
Premium includes all basic card features. You also get purchase protection insurance, and your CMR Points last for two years.
This card is a good fit if you make regular purchases or travel occasionally. It gives added peace of mind with extended benefits.
CMR Mastercard Elite – Black
The Elite card is the most advanced option. It offers free access to VIP airport lounges and also retains CMR Points for two years.
Perfect if you travel frequently or want luxury-level perks. You also get full Premium card protections and more.
Main Benefits of Having a CMR Credit Card
Each card tier offers benefits that fit different users. Still, they all share valuable features for everyday shopping and lifestyle perks. Here’s what you’ll gain.
Discount Programs at Over 100 Stores
CMR cardholders get up to 40% discounts at select restaurants, pharmacies, and cinemas. Offers include Dunkin‘ Donuts, BordeRio, Cinemark, and Ahumada.
Discounts apply on specific days, which encourages smarter planning. These savings add up fast with regular use.
CMR Points on All Purchases
With every purchase, you earn CMR Points. These points are redeemable for products, services, and even airport transfers. Shopping at Falabella, Sodimac, or Tottus gives you bonus points. Your rewards grow quickly if you use the card regularly.
Flexible Payment Options
CMR cards allow you to split payments into installments. You can manage your spending easily through the Banco Falabella app. You can also request cash advances anytime. Plus, automatic payments let you pay bills with no hassle.
Real-Time Card Control
You can lock and unlock your card via the mobile app. This provides extra control and security. If your card is lost or stolen, you can block it instantly. All transaction alerts are sent to your phone in real time.
Interest Rates and Fees to Know
Interest and fee policies vary by card type and credit profile. Make sure you understand these costs before applying. Banco Falabella is transparent with this information.
Annual Interest Rate – APR
Your rate depends on your credit evaluation. It’s best to review this during the approval process. The card uses a variable interest rate structure. The APR will be disclosed before final approval.
Monthly Admin Fee
The standard monthly maintenance cost is UF 0.13. But you might get a 50% or 100% discount depending on your loyalty level. You’ll find this in your card summary. Always check your monthly billing statement.
Late Payment Fees
Missing a payment adds extra charges. The longer the delay, the higher the cost. These fees can increase your total balance quickly. Stay updated through the app to avoid surprises.
Eligibility Requirements
You need to meet a few basic conditions to qualify. These rules are standard and designed to evaluate your ability to repay. Make sure you prepare before you apply.
Income and Age Requirements
You must earn at least $401,000 CLP monthly over the last 12 months. The minimum age to apply is 18 years.
This includes both employed individuals and independent workers. All data must be verifiable.
Residency and Documentation
You must be a Chilean citizen or a foreign resident with at least 3 years of legal stay. Proof of residence and income are required.
Permanent residency documents are mandatory. Upload them during your online application.
Employment Status
Applicants must have at least 6 months of continuous employment. This proves financial stability. Job certificates or salary slips are accepted. You’ll also go through a risk analysis check.
The Application Process
Getting started with the application is simple and fully online. You’ll need to gather a few documents and follow the steps. The process only takes a few minutes.
- Go to the official Banco Falabella website or open the app.
- Select the CMR card you want: Classic, Premium, or Elite.
- Fill out the application form with your personal and financial info.
- Upload required documents: ID, proof of income, and residence.
- Wait for the approval message via email or SMS.
- If approved, your card will be delivered to your address.
- Activate your card using the Banco Falabella app.
Support and Customer Service
If you need help, Banco Falabella offers several contact options. You can call 600 390 6000 or use WhatsApp via their official site.
Customer service is also available through the mobile app. Follow their social media for promotions and updates.
Extra Mastercard Benefits
Apart from CMR-specific perks, Mastercard offers its own global deals. These apply regardless of the CMR card tier. You can use your card internationally and get discounts on digital services.
Travel and Entertainment Offers
Mastercard gives up to 10% off on car rentals and hotels at Despegar. You also get 50% off HBO Max for three months if you’re a new user.
Terms vary by campaign. Check their global promotions page often.
Worldwide Acceptance
Your CMR Mastercard is accepted in stores, apps, and ATMs worldwide. This makes it easier to use while traveling.
All foreign transactions convert instantly to Chilean pesos. This adds convenience and avoids confusion abroad.
Final Thoughts on Getting Your CMR Falabella Card
The CMR Falabella credit card stands out for its discounts, rewards, and ease of use. You can manage everything through the app, from payments to card control.
The online application is simple and fast, with cards delivered to your door. Whether you shop locally or travel, this card delivers value.
Disclaimer: Terms, conditions, and rates can change without notice. Always confirm the latest details with Banco Falabella before applying or using the card.
