How much does money saved at Nubank yield?
Find out how much money saved at Nubank yields!
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After all, how much does money saved at Nubank yield?
This is one of the main questions for those who start using Nuconta, which is Nubank's digital account.
And the good news is that if you are looking for an account with liquidity and returns above the traditional savings account, Nubank may be the right option for you.
In this article, you will learn about the main advantages of this tool and how much money saved at Nubank can yield! Continue reading to find out more.
What is the Nubank digital account?
The Nubank account is a free digital account that offers income to customers.
There are no maintenance fees, hidden fees or abusive charges. This means you don't have to worry about unexpected expenses.
Additionally, Nubank customers can make transfers to other banks free of charge. In fact, now with Pix, this operation can be carried out 24 hours a day, 7 days a week.
The application is ideal for those who want to have a credit card and, at the same time, have greater control over your financial life.
After all, you can concentrate all your expenses in a single place and, therefore, know exactly where your money is going, since the app makes all this information available in a practical and quick way.
How much does money saved at Nubank yield?
Now that you know what the bank's digital account is and how it works, it's time to understand more about the income!
Let's go?
Below, check out how much your money will earn at Nubank:
How to calculate the yield on a Nubank account?
The Nubank account guarantees a return of 100% of the CDI. In other words, the Nubank account currently yields 9.15%, which is the value of the current DI Rate, that is, the CDI.
If you divide 9.15% by 12 months, the monthly yield would be approximately 0.76%.
It is important to remember that there is a great possibility that the Selic Rate will increase even further in 2022. Currently, the basic interest rate is at 9.25%.
And the CDI rate follows the variations in the Selic rate. Therefore, if the Selic rate increases, the CDI will also increase.
How much does a thousand reais yield in the Nubank account?
If you invest R$ 1000 reais in a Nubank account, it will yield R$ 7.60 per month.
Over the course of 12 months, your money will yield R$ 91.50.
Does Nubank yield more than savings?
Everyone knows that in a scenario of high inflation, just saving money is not enough – you need to earn income.
Otherwise, you will lose purchasing power.
For this reason, it is important to look for ways to make your money grow. One of them is to keep your money saved at Nubank.
Savings accounts, despite also offering income, end up being less advantageous than most digital accounts.
When the Selic rate is above 8.5% per year, savings yield 0.5% per month on the amount deposited + Reference Rate (TR).
Therefore, if you deposit R$1,000 into your savings account, the return will be R$5 per month. The annual return would be R$ 67.
It is important to mention that savings income is applied once a month on the savings anniversary. But what is this?
The savings anniversary is the monthly date when compound interest is added to the money saved.
Each deposit has a savings anniversary – exactly the same as the day it was saved.
For example, if you make an investment on 01/25, it will only yield results on 02/25.
What are the main advantages of Nubank's digital account?
Nuconta is considered one of the main digital accounts in Brazil.
But before investing your money, it is important to understand the main advantages that this tool offers.
That’s why we’ve put together a list of the main benefits of having a digital account with Nubank. Check it out:
1. Your money yields
Without a doubt, this is one of the main advantages of Nuconta.
After all, in addition to being a safe tool for saving money, you will earn income.
Your money, which will be invested in government bonds, will automatically yield 100% from the CDI.
2. Daily liquidity
Applications with daily liquidity are those in which the investor can request the withdrawal of money at any time.
Nubank, like most digital accounts, offers daily liquidity.
In other words, Nuconta is an excellent option for those who want to build a emergency reserve, because if you need the money immediately, you can withdraw it.
3. Payment of bills and invoices
Nuconta works very similarly to a traditional account.
Therefore, you can carry out various financial transactions quickly and easily, such as paying bills and invoices.
Using digital accounts to pay bills and invoices helps you save time on queues and travel.
4. Financial organization
You can concentrate all your expenses in your Nuconta.
In other words, you can use it to make purchases with your credit card and pay bills.
This way, you will concentrate all your expenses in one place, which will help you organize your finances.
Just go into the app and see your most recent and past expenses.
5. PIX
If you are a fan of PIX, be sure to register your key in your Nubank account.
This way, you can make and receive transfers instantly.
In addition to PIX, you can also use Nuconta to make TED transfers to other banks without paying anything extra for it.
Conclusion
Now you know how much money saved at Nubank yields, how the account works and what the main advantages of this tool are.
If you want to build up your emergency fund or create the habit of saving every month and concentrating all your expenses in one place, Nuconta is an excellent option!
