With the growth of online shopping more and more, many banks have started offering cashback services to customers. The system consists in returning part of the money spent on transactions. Joining the initiative, Nubank has also started providing service to its clients in several ways.
Want to know how to get your money back from transactions made using the color purple? So keep following us below to check out all the important information we’ve separated just for you!
How does Nubank Cashback work?
First, the cashback service is available to customers who have the bank’s Ultraviolet card. In any purchase made with plastic in the credit function, the customer has a chance to get 1% of his money back. In addition, funds are deposited directly into the account and have no expiration date.
To receive cashback – which results in up to 200% CDI annually – customers must take out loans, pay for hotel accommodations, or use the credit function for online purchases. For example, when using a bank loan and leaving the car as collateral, users earn 1% of the borrowed amount. However, certain requirements must be met to make this possible.
In the case of paying for accommodation, you can get back up to 6% of the value. For this, the user must make a reservation through the reservation service offered by Nubank Shopping. This way, the cashback will be credited back to your credit card statement. Even purchases in Shoppe can generate cash, just use the purple card.
Transfer money from the card to the account
Finally, to access the cashback funds, the user needs to transfer the amount to their regular account. Check out the step-by-step guide to do this:
- First of all, open the bank app (Android: https://bityli.com/vENGmP or iOS: https://bityli.com/yrlJpS) and find the cashback section;
- Then click “Use cashback”.
- On the next screen, select the option “Redeem to account”;
- From there, enter and confirm the value you want to use;
- Enter the 4-digit password in this step.
ready! The money will already be available in your Nubank account.
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