Nubank Launches Tool Guaranteeing Yield Over 100 Percent of CDI

As of Monday, the fintech is testing the planned redemption feature. The new feature will be available within the "Save Money" function, launched in 2019.

RIO DE JANEIRO, BRAZIL - On Monday, August 10th, Nubank announced that it has begun testing the feature that will allow the fintech's clients to schedule deposit redemptions.

At this first moment, the tool, called planned redemption, will be available to a few customers and then expanded to the whole base.

The new feature will be available within the "Save Money" function, launched in 2019. There is no minimum amount for deposits and transactions can be made 24 hours a day, seven days a week.

Deposits have a 100 percent CDI (Interbank Deposit Certificate) yield with immediate liquidity and the . . .

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