The current rates of return on Nu Boxes, and its most recent innovation, Frozen Boxes, are about to change again. This will leave them at a 15% interest rate on stored money, not for 28 days as before, but for a new 90-day option.
On its official blog, the company indicates that this will make a total of three different yield options with different terms: 14.25% for regular cash boxes, with 24/7 liquidity; 14.30% for seven days; 14.50% for 28 days, and 15% will be reserved for a new three-month period.
These new returns will be valid, says Nu, from July 11, 2024, and until August 21, 2024. This is the first change after the 15% yield returned in the form of frozen boxes.
The new rates for Nu boxes are as follows:
|
Term |
Previous |
New |
|---|---|---|
In other words, if users want to keep their money immediately available, they must have it in regular boxes, which allows for withdrawals at any time, but the performance drops from 14.5% to 14.25%, a 0.25% decrease.
In the 7-day option, which involves a fixed-term return under the frozen box plan, the return now drops 0.30%, going from 14.6 to 14.3%. The 28-day option sees a 0.5% reduction, dropping from 15 to 14.5%.
This new deadline means that users will not be able to withdraw the money for 90 days. After this time, their savings will be added to their regular pot along with any profits earned.
Annual rates of return of Nu
Let us remember that since the Nu performance rate began to be updated on a monthly basis, the company uses as one of the references the Interbank Equilibrium Interest Rate (TIIE). This indicator analyzes financial market conditions to set prices for financial products, loans, and mortgages marketed in the country.
The current Nu annual yield rate is valid until July 10, 2024, and came into effect on May 24, 2024. This came about with the introduction of the frozen boxes, which allow for higher profits, at the cost of not being able to withdraw the money during a specific period.
The current rates of return on Nu Boxes, and its most recent innovation, Frozen Boxes, are about to change again, which will leave them at 15% interest on stored money, not 28 days as until now, but in a new 90-day option.
On his official blogthe company indicates that with this they are already three different yield options with different terms: 14.25% for regular cash boxes, with 24/7 liquidity; 14.30% in seven days; 14.50% in 28 days, and 15% will be reserved for a new three-month period.
These new returns will be valid, says Nu, from July 11, 2024 and until August 21, 2024, and this is the first change after the 15% yield returned in the form of frozen boxes.
The new rates for Nu boxes are as follows:
|
Term |
ANTERIOR |
Nuevo |
|---|---|---|
In other words, if users want to keep their money immediately available, they must have it in regular boxes, from which they can withdraw it at any time, but where the performance drops from 14.5% to 14.25%that is, 0.25% less.
In the 7-day option, which involves a fixed-term return under the frozen box plan, the return now drops 0.30%, going from 14.6 to 14.3%, and in the 28-day option from 15 to 14.5%that is, a reduction of 0.5%.
This new deadline means that users They will not be able to withdraw the money for 90 daysAfter this time, your savings will be added to your regular pot along with any profits you have earned.
Annual rates of return of Nu
Let us remember that since the Nu performance rate began to be updated on a monthly basis, the company uses as one of the references the Interbank Equilibrium Interest Rate (TIIE), an indicator that analyzes financial market conditions to set prices for financial products, loans and mortgages that are marketed in the country.
The current Nu annual yield rate is valid until July 10, 2024, and came into effect on May 24, 2024. from the hand of the frozen boxeswhich allow for higher profits, at the cost of not being able to withdraw the money during a specific period.
Benefits and Practical Tips
Here are some key benefits of using Nu Boxes and practical tips for maximizing your return:
- High Returns: Nu Boxes offer competitive interest rates, providing a good way to grow your savings.
- Flexibility: Choose the term that best suits your needs, from immediate liquidity to 90-day fixed terms.
- Easy Access: Nu makes it easy to manage your boxes through their app and website, allowing convenient deposits and withdrawals.
- Security: Your savings are insured by the Mexican banking system, offering peace of mind.
Here are some practical tips for maximizing your return:
- Compare Terms: Evaluate the different Nu Box options and choose the one that aligns with your financial goals and risk tolerance.
- Consider Long-Term: If you don’t need immediate access to your funds, aim for the 90-day option to capitalize on the highest interest rate.
- Automate Deposits: Set up automatic transfers to regularly add funds to your Nu Boxes and benefit from compound interest.