Like traditional banks, Nubank launched a new credit card for its premium users. With this, Ultravioleta Nubank provides the benefits of the Mastercard Black flag, in which the customer you can access some insurance, enjoy VIP lounges at airports, have price protection and other benefits. Keep reading and learn the Nubank's Ultraviolet card pros and cons.
Read more: Nubank's Ultraviolet Card: Does Winning the Card Guarantee a Limit Increase?
see more
Decreasing children's screen time: promote a lifestyle…
Toxicity Alert! Dyed clothes can make you sick for THIS
The term “premium” is well used by financial institutions to characterize exclusive product offers that are aimed at a select group of customers. However, it is worth paying attention to the fees and benefits offered before subscribing to the service, as these may vary according to each issuer.
The Ultravioleta Nubank card offers a cashback function, that is, 1% of the invoice value is returned to the user's account. As a result, this amount now yields 200% of the CDI. In addition, the card offers even more security for the customer, since their information is not printed on it.
Ultravioleta is linked to the Mastercard Black brand, which is the brokerage line associated with high-income credit cards. In this sense, one of the benefits provided by this flag is access to airport VIP lounges. Among the advantages offered by Mastercard to the customer are some insurances, such as the protected purchase, rental car insurance and medical insurance for travel.
Another nice piece of information is that Nubank Ultravioleta, compared to other financial institutions, does not require a very high income to apply for the service. However, banks and fintechs usually ask for a minimum investment fee or charge higher annual fees for joining the Mastercard Black brand.
One of the negative points of the new product is that, in order to be included in the Mastercard Black brand, it is necessary to pay some fees, in addition to an increase in the price of the annuity. Furthermore, in the access service to the VIP Lounges at airports, if the user is with a companion, he must pay a fee to be able to use the place. The customer also cannot have additional cards, only Ultravioleta.
Another disadvantage is that the Nubank Ultravioleta annuity costs R$49.90 per month, totaling R$598 per year. Only if the consumer spends an average of R$ 5,000 each quarter, this monthly fee becomes free.
For customers who have R$150,000 reserved in their account or invested, the card will also be zero annuity. That is, the company requires that the user has a high income to apply for Nubank Ultravioleta, and this requirement is not explicit.
