What would you like? To continue reading, see how to apply in Mexico, how to apply in Colombia and requirements and limit.
✓ You will stay on this site
Nu is a digital bank that offers credit cards in Mexico and Colombia. Everything is done through the app: the application, invoice tracking, payment, and even card blocking.
In Mexico the card has no annual fee and in Colombia there's no management fee. The limit is set by Nu's own credit analysis and can increase with use. This guide shows the path in each country.
How it works
No annual feein Mexico
No management feein Colombia
100% in the appapplication and invoice
Limit growswith good use
What you can do through the app
Apply for the cardwithout visiting a branch
View expensesin real time
Pay the invoiceon a date you choose
Block itin case of loss
Virtual cardfor online shopping
Request an increasein your limit
Who can apply
Everything you need to know
How the approval works
After your application, Nu checks your credit history in the country (the credit bureau) and verifies the income and occupation you provided.
There is no guaranteed approval: the bank always decides, and the result appears in the app itself.
How much it costs to maintain
In Mexico the card is advertised with no annual fee, and in Colombia with no management fee. Interest exists if you make installments or don't pay the full invoice.
Paying the full invoice on the due date avoids interest and helps your limit grow.
How long it takes
The application takes a few minutes. The approval usually comes through in the app; if approved, the physical card arrives at the address you provided and is activated through the app.
While the physical card hasn't arrived, the app can release a virtual card for online shopping.
How to protect yourself
Download only the official Nu app from your phone's app store. The bank never asks for deposits or fees to approve a card.
Be wary of messages that promise guaranteed approval in exchange for payment.