How much is R$ 1 million in 5 years at Nubank x Traditional Savings?

Many people still prefer the old-fashioned way of saving and earning their money: putting it in the savings. But what most of them don't know is that the digital bank Nubank offers more interesting and attractive investment proposals for your pocket. You will be surprised when you compare the options mentioned, see!

Read more: Digital banks capable of making your money yield up to 100% of the CDI

Valuable advice for those who want to have a great bank income

Check now the reasons why the digital bank is a better investment option.

The CDB is a security that financial institutions issue and Nubank was not left out of this. Similar to other banks, the application yields 100% of the CDI and its return is much higher when compared to savings. Normally, the passbook guarantees around 70% of the CDI.

although the Nubank is a great option, it's good to know that income only starts to be generated after 30 days. The digital bank offers application calculations on its website so that people have a better idea of ​​the product in which they are investing. The company currently has more than 64.8 million active customers.

The income varies according to Selic, the basic interest rate, but even though it is not fixed, it is still a better option. In addition to being able to withdraw money at any time, Nubank customers guarantee a higher percentage than just leaving the amount in savings.

Comparison between options

To better illustrate the difference, let's make a yield comparison considering an investment of R$ 1 million over five years. The consumer who opts for Nubank will have a return of BRL 761 thousand after the period, while those who put it in savings will earn only BRL 364 thousand.

It is clear, then, that the income value is much lower and that it is worth choosing the digital bank. It is good to emphasize that the institution does not charge any type of maintenance fee.