What are the best CDTs to save in December? These are the rates of return

Term deposit certificates (CDTs) have gained popularity as an accessible investment method.

With the arrival of December, Colombian families adjust their budgets to meet expenses during the end-of-year season. In this period, characterized by festivities and meetings, Many choose savings as a strategy to meet commitments and face the challenges of the start of 2025.

In recent years, the habit of saving in cash has been replaced by options that offer greater security and returns. Among these alternatives, term deposit certificates (CDT) have gained popularity as an accessible investment method. These instruments allow citizens to protect their money while earning interest during a previously established period.

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The Bank of the Republic defines the CDT as “an investment instrument established by certificate, which allows investing an amount of money in a financial entity for a certain period, usually 30, 60, 90, 180 or 360 days”.

Financial institutions set interest rates for CDTs, which vary depending on the amount deposited and the time agreed for the investment. Upon completion of the established deadline, The saver can withdraw their capital along with the interest generated or renew the certificate for an additional period.

The flexibility in terms and the variety of rates available are factors that have consolidated CDTs as a relevant tool for managing resources. Here we tell you which are the term deposit certificates with the best rates to save in December, taking into account the cutoff on November 18.

Also read: Lulo Bank starts December with bad news for its clients who save in the app