NUBANK excludes credit analysis and releases limits

NUBANK excludes credit analysis and releases limits

Nubank uses an alternative to help customers increase the limit

Do you know when you are tight and need more boundaries? Your first action is to try to raise the limit by saying you need more. correct? And you run into the famous “Unfortunately we can’t increase your limit.” Well, now Nubank customers will have another chance.

How do you benefit from it? With Nubank’s new function, Nu Limite Garantido. It’s very simple and works like this: Nubank app user sets aside an amount of their investment to increase the credit card limit. Thus, the customer will be able to spend more on the card and arrange to pay later.

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And how do we do that? Join step by step

Is there another way?

Yes, in addition to Nu Limite Garantendo, there is also a Limit Reservation option. All you have to do is save some money in the “hold max” part and whenever you need extra credit, you will get it. This functionality is available to all types of customers.

If you save 1,000 riyals, for example, and need an extra limit, the app will recognize that money as collateral and will increase the limit by 1,000 riyals. Fine, but to keep getting benefits, you have to pay the bill on time. In addition, the limit for using this function is up to 5 thousand riyals.

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About the Author: Camelia Kirk

"Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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