CDTs are a good option for people looking for a safe and profitable way to invest their money for the short term.
Nowadays many people are looking for something new Alternatives to investing money in a safe and profitable way. That’s why it is CDT They become an excellent option.
CDTs are term deposit certificates, Used as a savings instrument where people make a loan to a bank so that it can invest the money and then return it with a return commensurate with their investment. This loan can have a term of 3,6 or 12 months.
There are a variety of facilities in Bogotá Banking who offer this type of Term Deposit Certificates (CDT). Here we tell you the advantages of purchasing one.
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Security: The CDTs are protected by the government up to a value of 20 current legal monthly minimum wages.
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Cost effectiveness: CDTs can carry a fixed or variable interest rate, which is typically higher than savings accounts.
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Liquidity: CDTs are a way to invest short-term money and can be withdrawn at any time without paying a penalty.
According to the Financial supervision These are the banks with the best interest rates for their investors:
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For a period of 3 months
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Banco Union: 14.51%.
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Buy 14.41%.
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Bank of the West: 14.30%.
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Falabella Bank: 13%.
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Popular Bank: 12.12%.
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For a period of 180 days:
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Financiera Juriscoop: 15.22%.
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Banco Falabella: 14.82%.
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Let’s grow: 14.12%.
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Bank of the West: 13.30%.
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BBVA: 12.95%.
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For a period of 360 days:
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Corficolumbia: 16.44%.
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BancamÃa: 15.47%.
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RCI: 15.42%.
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Banco Falabella: 13.35%.
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Bank of the West: 13.15%.