Cuenta Nu continues to evolve in Mexico with the expansion of its deposit network, and a new term to “freeze” money in Cajitas

Mexico City, July 2, 2024 – Nu Mexico, a transparent, clear and human digital finances company, continues the evolution of Cuenta Nu; its customers will now be able to deposit cash in checkout counters of establishments belonging to the Systienda grocery stores, and Kiosko convenience stores. These new points add to the more than 700 points of Soriana supermarkets, previously announced, bringing the total to more than 4.400 points in Mexico through the Arcus by Mastercard network.

This feature is available for all Nu Mexico customers, following a test phase with a small group of Nu Community customers who actively participate in the company’s product co-creation process to refine the product before proactively offering it to the entire user base.

Customers can find in the Nu app the nearest point to make their cash deposit, through a list that is updated in real-time, based on the user’s location. The cash deposit limits for each case can be consulted in the same section and there is no need to present the physical card or know its numbering, thus strengthening the security of their data. 

To make the deposit, the customer consults the Nu app for their reference code to deposit, which is unique per user and is accompanied by a barcode that the cashier can scan in the store. It is important to note that this user code is different from the CLABE or account number.

90 days, more options to freeze savings in Cajitas Nu 

Along with this network expansion for cash deposits, Nu will enable a third option to freeze money in Cajitas, offering its customers the possibility of doing so for up to 90 days, receiving a yield of 15% fixed annual interest. Thus, as of July 11, 2024, the money frozen in the Cajitas for 28 days will have an annual yield of 14.50%, while at 7 days it will offer a yield of 14.30%, annually. The Cajitas offering 24/7 liquidity will offer a fixed annual yield of 14.25%. 

“We constantly listen to our customers’ feedback on new features and savings options they would like to have in Cuenta Nu. It is thanks to this active listening that today we are excited to announce the expansion of our network for cash deposits to more than 4.400 points throughout the country, as well as to be able to offer more long-term savings options, such as freezing money in Cajitas Nu for up to 90 days, obtaining one of the most competitive yields in the market,” commented Ximena Salgado, product leader for Nu Mexico. 

For more information visit Nu’s website www.nu.com.mx or its blog www.blog.nu.com.mx.