Hey Nubank It is one of the most popular digital banks for Brazilians and people from other countries, such as Mexico and Colombia. By offering many quick financial solutions with little bureaucracy, Nubank has increasingly expanded the number of its clients. One of the most recent innovative developments in financial technology has been… Bare limit guaranteed.
See also: 7 benefits for Nubank card customers that you should take advantage of
Nu Limite Garantido offers a quick, easy and uncomplicated credit solution, a possibility for customers who need to increase their credit card limit without going through the financial analysis of the bank. Thus, the client decides the amount to be deposited in Nubank Caixa to ensure the card limit is increased.
In this way, a customer who chooses to deposit R$1,000 will receive an increase of R$1,000 to his card limit. Caixinha will act as a guarantee so that Nubank can deliver the limit increase quickly. Therefore, if the card bill is not paid on time, the funds deposited in Caixinha will be used to pay part or all of the bill.
What are the advantages and disadvantages of Nu Limite Garantido?
In addition to providing greater control over the credit card limit, Nu Limite Garantido also offers the ability for the customer to set their own limit. So, if in a given month the user needs a higher card limit to pay in installments for a new purchase, a deposit can be made into the toolbox.
Another point to analyze is that the amounts deposited in the Nu Limite Garantido Box continue to be repaid. In other words, in addition to increasing the credit card limit, the customer can also increase the amount allocated to this function. However, this advantage can also be a disadvantage, as the return is only 100% of CDI. This value is low compared to other fintech investment options.
Furthermore, there is a risk of losing money if the bill is not paid on time. Therefore, if the customer forgets to pay the bill or does not even have the full bill amount, the amount deposited in the cashier will be used.
