Nubank review

The monthly fee is BRL 0, and the brand ranks 1 of 422 on that measure. Purchases are the cost to watch, since the currency conversion fee is 3.5%. bunq charges a monthly fee of €0 for comparison.

The currency conversion fee is 3.5%, against a site median of 1% and an upper quartile of 2.5%. On the site ranking the brand places 244 of 258 on that measure. The card is on the mastercard network, but the conversion fee still applies to foreign purchases.

Yes. The Ultravioleta card pays cash back of 1.25% on spending, and cash back is the most common rewards type on the site at 45.9% of brands ranked. For a debit card that is an extra on top of the monthly fee of BRL 0.

It is a debit card on the mastercard network, so spending draws on the balance in the account rather than a credit line. The account also lists virtual card and travel among its features. Debit is the card type most brands in the ranking use, at 100%.

The listed audience is kids, so an account can cover a child as well as adult banking. The company is headquartered in Brazil and was founded in 2013, so the account is built around Brazilian banking habits rather than UK or European ones.

Nubank ranks 1 of 422 brands on the monthly fee, but 244 of 258 on the currency conversion fee. The site gives it a cost score of 3.4 and an overall score of 3.4. That gap between the two positions is the trade-off to weigh.

No, the card is a debit card, so it spends money already in the account and no borrowing line is attached. Holding the account costs BRL 0 a month. If you want a credit card instead, Varo Believe Secured Credit Card charges a monthly fee of $0.