NS MPC (COBOM) The central bank decided to raise the basic interest rate for the economy Selic, on Wednesday, 8. It rose from 7.75% to 9.25% annually after adjustment. In practice, this means increased profitability for various applications, including Nobank account.
Read more: What is the best Nobank card? See the differences between the gold and platinum versions
With more than 40 million users in Brazil, Nubank launches products and services focused on bringing back control of users’ financial lives.
This also happens with a Nubank account. In addition to offering exemption from various fees, such as transfers, the service guarantees an automatic return of 100% from CDI – greater than that of saving account.
What is the income on Nobank account?
Currently, when someone deposits an amount of money into a Nubank account, it automatically returns 100% of the CDI.
Within a year, the investment provides a return of 9.15%, which is very close to today’s Selic rate (9.25%). Already looking at a period of one month, the Nubank account has a return of 0.73%.
For comparison purposes, the savings guarantee a monthly return of 0.50%. The value is fixed when Selic is equal to or greater than 8.5%.
How much is 1,000 BRL in a Nubank account?
If someone leaves 1,000 R$ in a Nubank account, after two years, they will see money earning up to R$ 1,157.88. Income tax (IR) has already been deducted from this amount.
Check out a detailed comparison with the savings account below:
| Nobank account | savings | |
| invested amount | A thousand Brazilian riyals | A thousand Brazilian riyals |
| Total total balance after 24 months | 1.191.37 BRL | 1,127.21 Brazilian Real |
| Gross net balance (after income tax) after 24 months | 1.157.88 Brazilian Real | 1,127.21 Brazilian Real |
| total gross income | 191.37 Brazilian Real | 12,721 BRL |
| total net income | 157,88 Brazilian Real | 12,721 BRL |
