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Accounts

Savings Account

10% EAR yield, no management fee and the Visa Plus network.

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Savings Account
I want it

Want to change your plan?

Choose a plan that fits you (max yield 10% EAR)

Zero Plan

$0 no monthly cost
  • No management fee
  • 4% EAR yield
  • 2 free withdrawals per month
  • No minimum balance
  • Free inquiries in the app
Ideal if you're starting or use your account rarely.
I want it

Bronze Plan

$8,000 COP per month
  • 6% EAR yield
  • 4 free withdrawals per month
  • 0.5% cashback on purchases
  • Unlimited free transfers
  • Real-time notifications
For everyday use with moderate movement.
I want it
Recommended

Silver Plan

$15,000 COP per month
  • 8% EAR yield
  • Unlimited free withdrawals
  • 1% cashback at supermarkets
  • Fraud insurance included
  • Priority phone support
For frequent users seeking better yield.
I want it

Gold Plan

$25,000 COP per month
  • 10% EAR yield — the highest
  • Unlimited withdrawals + VIP lounges
  • 2% cashback on all purchases
  • Fraud + life + health insurance included
  • Personal 24/7 account manager
  • Annual cooperative surplus refund
Premium profile with high volume seeking the best.
I want it
Benefits

What does it offer?

10% EAR yield on your balance

Zero management fee, zero commissions

Unlimited free withdrawals across Visa Plus and Servibanca

Unlimited free ACH and PSE transfers

2% cashback at supermarkets and restaurants — every day

Contactless payments with Apple Pay, Google Pay and Samsung Pay

Annual cooperative surplus refund as a member

Ideal for

People who want real yield and total flexibility.

Interested?

Write to us and an advisor will get in touch.

Request more information
Requirements to get it

Requirements to obtain it

Meet these requirements and open your INOVACOOP savings account the same day.

Membership as a partner

  • Original valid national ID card (or foreigner ID for non-Colombians).
  • Be of legal age (18+) to hold the product.
  • Fill in the single INOVACOOP membership form.
  • Personal-data handling authorization (Law 1581/2012).
  • Authorization to consult and report to credit bureaus.
  • Payment of the minimum membership social contribution.

AML compliance (SARLAFT / FATCA)

  • Know-Your-Customer form (SARLAFT), duly signed.
  • FATCA / CRS form declaring foreign tax obligations.
  • Written declaration of the lawful source of funds and assets.
  • Two personal and two commercial/family verifiable references.

Savings-account specifics

  • Initial deposit from $50,000 COP in cash, check or transfer.
  • Pick a management plan: Zero, Bronze, Silver or Gold.
  • Proof of address (current utility bill).
Documents must be current and original. INOVACOOP may request additional information based on credit or risk analysis for the product.
How to open your account

Open your account step by step

Visit our office and open your account in minutes.

In-office

Personalized service
You get your card on the spot.
  1. 1 Visit your nearest INOVACOOP branch with your original ID and a clear copy.
  2. 2 An advisor validates your identity and helps you fill in the opening form.
  3. 3 Sign the contract and personal data authorization.
  4. 4 Make the initial contribution from $50,000 COP in cash, check or transfer.
  5. 5 Get your activated debit card and provisional PIN on the spot.
Visit a branch
Full transparency

Rates and fees

Know exactly what you pay and what you save as an INOVACOOP member.

Monthly management fee By plan ($0 to $28,000)
EAR yield on balance Up to 10% EAR
Visa Plus / Servibanca withdrawals Free
Withdrawals on other networks $3,500 COP
ACH and PSE transfers Free, unlimited
Mobile app and notifications Free
Digital statements Free
Physical statements $4,500 COP/month
Card duplicate $12,000 COP
Bank certifications Free

Fees valid until December 31. Subject to changes notified 30 days in advance.

No strings attached

Account cancellation

You can cancel your account anytime, at no cost. Choose the channel you prefer.

General requirements

  • No pending obligations with the cooperative (loans, cards, contributions).
  • Zero or positive balance (not in overdraft).
  • Present original identity document.
  • Return the debit card(s) for destruction.

In-office

Immediate service
Same-day effective cancellation.
  1. 1 Visit any INOVACOOP branch with your original ID.
  2. 2 Request the cancellation form from the advisor and fill it out.
  3. 3 Withdraw the available balance in cash, check or transfer.
  4. 4 Hand over the debit card for secure destruction in front of you.
  5. 5 Receive the signed and stamped cancellation certificate.
Visit a branch

Online

Without leaving home
Effective in 24 business hours with email confirmation.
  1. 1 Log in to the INOVACOOP app with your password and biometrics.
  2. 2 Go to Accounts → Cancel account and pick the account to close.
  3. 3 Transfer the available balance to another account from the same screen.
  4. 4 Confirm with OTP sent to your phone and electronic signature.
  5. 5 Download the cancellation certificate in PDF from the app.
Cancel online
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