Nu Colombia launches a new savings product: CDT Nu 

Bogotá, February 4, 2025 – Nu Colombia Compañía de Financiamiento, a subsidiary of Nu Holdings in the country, announces the launch of its latest product for Colombians: CDT Nu  (fixed-term deposits, or locked Cajitas). This new investment alternative allows customers to grow their savings for medium and long-term goals easily and securely through the Nu app.

Saving to achieve goals

Research conducted by Nu Colombia indicates that only 3% of the population currently uses CDTs. This is primarily attributed to a lack of familiarity with the product and the misconception that substantial funds are required to open it. Nu seeks to rectify this by enabling customers to open CDTs directly from their Cajitas.

Key features of CDT Nu include:

• Minimum deposit: $50,000 COP
• Competitive return rates: Up to 11.1%
• Flexible terms: 90 and 120 days

Cuenta Nu holders can now open multiple CDTs with varying terms (90 or 120 days) to match their individual savings goals. This new feature allows customers to allocate funds to both liquid savings, for immediate access, and invested savings, for a fixed term with higher yield. 

“In a short time, Cuenta Nu has transformed the way Colombians save, evolving to include new transactional features like bill payments and cash deposits,” says Marcela Torres, General Manager of Nu Colombia. She adds, “Now, with CDT Nu, we aim to provide Colombians with a medium and long-term investment option that helps them achieve their goals in a secure, simple, and transparent way—without unnecessary bureaucracy.”

What’s happening with Cuenta Nu?

Colombians have earned over $230 billion COP in yields from Cuenta Nu since its launch, demonstrating its commitment to helping customers grow their money safely.

In response to macroeconomic conditions and to align with Banco de la República’s monetary policy interest rate, the yield for liquid savings in Cajitas Nu will be adjusted to 9.5% E.A. starting March 1. This change maintains Cuenta Nu’s dedication to providing favorable savings options for customers.

“As we adjust Cajitas Nu rates in March to reflect the current economic landscape, we remain committed to offering competitive yields. The new rates ensure that Colombians continue to benefit from one of the best savings options available, maintaining clear and secure control over their savings,” says Marcela Torres.

With these updates, Nu Colombia continues expanding its product portfolio in the country, reaffirming its commitment to transforming the financial landscape for Colombians through a more complete and attractive savings experience.