How much does R$ 1000 earn per month at Nubank?

Know how much is R$ 1000 per month at Nubank is a question many consumers have. The yield on this account is automatic and it is also higher than savings accounts. Check it out below. 

How much does R$ 1000 earn per month at Nubank? 

The return on the Nubank account is automatic and higher than the savings account. When the bank's client leaves the money in the account, the annual return will be 13.65%, taking into account the CDI. 

Most customers of this financial institution have account-related questions, one of which is how much is R$ 1000 per month at Nubank. If the annual yield is 13.65%, the monthly yield will be approximately 1.07%. 

When a Nubank customer leaves R $1 thousand in the account for two years, the amount of income will be up to R $1,240.60. It's worth noting that this amount is already deducted from income tax. 

To find out how much R $1 thousand your Nubank account earns, you need to do the following calculation: 1,000 X 1.00 / 100. Thus, if you invest this amount, the yield will be approximately R $10.00 per month. 

How the Nubank account simulator works

Nubank customers can find a simulator on the financial institution's official website. This way, by comparing it to savings, you can find out how much your money will earn in this account. 

Users can simulate various scenarios using this system, simply by changing the information for analysis. The Nubank account is a great choice for keeping your money, especially if you want to make it grow. 

After all, like other financial institutions, this digital bank earns more than savings accounts these days. This is why more and more people are registering their details to open an account. 

If you want to use the Nubank simulator, go to the institution's official website. When you access the platform, you will be asked some questions, such as: initial deposit, each month deposited and the redemption period. 

In this sense, suppose you deposited R $1,000.00 and didn't put any additional money in the account. If you left this amount in the bank for a month, it would become R $1,008.31. On the other hand, in 12 months it would become R $1,112.61. 

It's worth noting that these figures are not a guarantee of future profitability, but an estimate based on the CDI rate. In this sense, there may be some variations, it all depends on the date of deposit. 

What is the difference between Nubank and Savings? 

Before opening a digital account with Nubank, consumers need to compare it with a savings account. This is because, while the financial institution has a yield of 13.15% per year, the latter only yields 0.5% per month and 6% per year.

In this sense, while R $1,000.00 would yield around R $108.00 at Nubank, savings would be around R $60.00. It's worth noting that these figures are for a 12-month term, depending on the TR. 

Users need to consider that Nubank has a mandatory income tax rebate. However, even if this is a feature of the account, it is more advantageous to leave your money in it than in savings. 

If you already have an emergency reserve, it's worth opening a Nubank account to consider other forms of investment. After all, there are a number of products on the market that offer much better returns. 

How the Nubank account works 

When opening a Nubank account, users pay no additional maintenance fees. In addition, transfers are free and unlimited, and the yield is higher than savings.

In short, Nubank provides customers with a complete digital account, ideal for making daily transactions and storing your money. The official app has all the features you need to control your account, just like a traditional bank, but the difference is that it's online. 

How Nubank's income system works 

Contrary to what most people think, Nubank's yield system is not the same as the savings system. This is because, in the latter case, the money yields around 70% of the CDI. On the other hand, the account with the institution yields 100% of the CDI, as long as the money is kept for more than 30 days. 

In this sense, if a person deposits R $1,000.00 in the account and keeps the amount earning for 30 days, on the 31st day the yield will be R $1,008.31. This means that the net return on their investment is R $8.31. 

On the other hand, if you deposit the same amount in savings and keep it for 30 days, the net balance would be R $1,005.19. In other words, the return is R $5.19. This shows that the Nubank account comes out ahead. 

It's worth noting that savings accounts only earn income once a month, on the anniversary of the deposit. The Nubank account, on the other hand, offers users a daily income, but this only happens after the 31st deposit. 

How much does R$ earn 10,000 a month at Nubank? 

If you want to invest more than R $1,000.00 in Nubank, such as R $10,000.00, the return will be higher. See below:

• 1 month: The gross income will be R $107.20;
• 1 year: The gross income will be R $1,365.00;
• 2 years: The gross income will be R $2,916.32.

How to open a Nubank account 

The procedure for opening a Nubank account is simple. Check it out below:

1. Download the financial institution's official app on your device;

2. Click on the "I want to be Nubank" button at the top of the page;

3. Fill in all the information requested, such as full name, CPF, mobile number and e-mail address;

4. Click on "I want to be Nubank" again and wait a few days for confirmation that your account has been opened with the bank. 

It is worth noting that the analysis procedure is not a credit analysis, but a registration analysis. This is because no credit analysis is carried out in order to open an account with a financial institution.