Nu Colombia increases profitability of its savings "Cajitas": here are the new returns
Nu Colombia, a subsidiary of Nubank, confirmed a significant increase in the profitability rates of its "Cajitas de ahorro", one of its functionalities...
TL;DR
- Nu Colombia is increasing the profitability of its "Cajitas de ahorro" from 8.75% to 9.25%.
- The change will take effect on April 9, 2026, and will be applied automatically.
- This decision is in response to the Banco de la República increasing its intervention interest rate to 11.25%.
- The move intensifies competition among digital banks to attract savers.
- "Cajitas" offer daily interest, no minimum deposit, and immediate availability of funds.