Nubank Ultravioleta enters the travel segment

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By David Brooks

Nubank Ultravioleta, the exclusive experience for high-income Nubank customers, announces its entry into the travel segment with the pre-launch of its Global Account in collaboration with Wise Platform, Wise’s market-leading global infrastructure solution for banks and large enterprises.

Starting today, Ultravioleta customers can pre-register to get first-hand access to the service, which will launch in the coming weeks.

The Global Account at Nubank Ultravioleta allows users to make instant balance conversions from real to dollars and euros via the Nubank app, without having to worry about managing a new app or transferring funds between accounts. In addition, it offers an exclusive conversion rate of 0.9%, the lowest in the segment, with a favorable exchange rate for the trade dollar or euro and a reduced IOF (a Brazilian tax on foreign transactions) of 1.1%. This option is even more advantageous than using other payment methods outside the country and allows savings of up to 9% compared to traditional credit cards for international travel.

The debit card linked to the Global Account is available in more than 200 countries and territories. There are no fees for issuing the card or opening or maintaining the global account for Ultravioleta customers. For those who also like to travel with cash, the Global Account offers the convenience of two free foreign currency withdrawals per month with no limit on the amount from ATMs around the world on commercial terms. Ultravioleta customers can open their accounts in just three clicks and manage their global lives in a single app with Nu’s renowned 24-hour service.

Another feature of the Nubank Global Account is the advantage of free internet when traveling internationally. By subscribing to the product, Ultravioleta customers receive 10 GB of Internet, valid for 30 days in more than 40 countries, with a virtual SIM card (eSIM) that can be activated once a year. The goal is for users to not have to worry about international roaming charges, so they can arrive at their destination connected and get the most out of their trip.

“The Global Account at Nubank Ultravioleta meets the growing demand from high-income customers for international financial solutions that are flexible and advantageous. The travel segment is a priority for this audience and we are entering it with the Ultravioleta differentials that customers already know – a product designed specifically for their needs, with a 100% integrated experience in our app that can be used anywhere in the world can include special conditions and unique benefits, such as better conversion rates and free internet,” says Nubank CEO Livia Chanes.

To gain early access to the Global Account, Ultravioleta customers can log in to the Ultravioleta Benefits section of the app starting today, April 8th.

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