O Nubank presented, this Tuesday (25), an extra limit to pay slips. The novelty helps to make payments using the card without compromising the ceiling available on the card, thanks to the credit available only for paying bills. According to fintech, there are no costs to use the Additional Limitbut the change does not exempt existing interest rates and IOF from the function.
The update is intended for those who concentrate their accounts on the card. According to fintech, users will have both a limit for day-to-day purchases and a credit to pay bills. This amount, however, varies from client to client, based on the analysis made by the financial institution.
To check the Additional Limit, just start the payment by the modality. “If you have this limit, we will let you know as soon as you choose the credit card as a means of payment”, explained. “The Additional Limit may also vary over time. So it may not be the same from one month to the next.”
According to fintech, “only a group of customers has access to the Additional Limit”. The feature will be released to more people over time. “We will let all customers know when it becomes available,” they said.
Is it worth paying bills using the Nubank card?
Paying bills by card it’s nothing new or something exclusive to Nubank. Other banks, such as Itaú, also offer the possibility to settle accounts in the same way. The service also doesn’t offer a service charge, but that doesn’t mean customers will be able to do all this without additional cost.
It is the same case of Nubank. When making payment of slips by card, customers will have to pay interest and IOF (Tax on Financial Operations). These values will be displayed to users of the service before completing the transaction, to check whether or not it is worth opting for this alternative.
But you have to be careful, especially when choosing the option to pay in installments. After all, the basic interest rate (Selic) was set at 13.75%, according to the central bank panel this Tuesday (25th). That is, think twice before splitting the payment of anything with interest.
Nubank, on the other hand, offers the option to anticipate the installments. “If you want to pay your bill in installments with the Nubank credit card, you can advance the installments whenever you want, receiving a discount proportional to the interest”, they informed.