Lulo is a Colombian digital bank backed by Davivienda, known for high-yield savings and fee-free accounts.
Requires Colombian residency and Cédula; foreigners without local status generally cannot apply.
These are stable, standing account benefits (not time-limited) — available as long as you qualify:
No. Lulo requires Colombian residency and Cédula; foreigners without local status generally cannot apply.
No minimum deposit — the account can be opened at zero.
Have your Colombian Cédula, photo ID, Colombian mobile number and address ready, then verify.
A few minutes in the app; review usually takes a few working days.
Common reasons: not a Colombian resident, invalid Cédula, unverifiable address, or failed KYC.
Standing benefits: No Monthly Fee, No Min Deposit, Fully Online, Digital Bank, Fast Approval. Promotions change by region and quarter — always check the bank's official promo page (verified 2026-10).
Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.