Updated October 16, 2026 · VaultCue Editorial Team
Cathay United digital accounts vs Nequi
Cathay United digital accounts
Nequi
Higher score in this comparison
What sets them apart
| Compare | Cathay United digital accountsReviewSee alternativesSee alternatives | NequiReviewSee alternativesSee alternatives |
|---|---|---|
| Transfer fee | Interbank transfer/remittance NTD 30 per item up to NTD 2,000,000, plus NTD 10 per each additional NTD 1,000,000; interbank card transfer NTD 0 for the first NTD 500 item per account per day, then NTD 10 (NTD 501-1,000), NTD 15 (above NTD 1,001) | Free (GRATIS) to send to Nequi or Bancolombia accounts/deposits, to other banks via ACH, and by QR |
| Monthly fee | Not confirmed | COP 0 |
| Currency conversion fee | Not confirmed | 3% |
| Currencies | Not confirmed | 2 |
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Key differences
- Founded is lower at Cathay United digital accounts: 1975 vs 2015.
- Support channels: only Cathay United digital accounts offers Email.
- Support channels: only Nequi offers Help centre, Community.
- Audience: only Cathay United digital accounts offers Expats.
- Audience: only Nequi offers Teen, Business, Freelancer.
Our verdict on each
Cathay United digital accounts
The FAQ defines the digital deposit account as a Taiwan-dollar or foreign-currency demand savings account opened through an automated channel.
Nequi
Nequi suits Colombian adults who want everyday spending and an insured savings balance in a single free account, not readers who need a long currency list. The monthly fee is COP 0, and currency conversion at 3% is the only charge that adds up.
Score breakdown
| Area | Cathay United digital accounts | Nequi |
|---|---|---|
| Cost | Not confirmed | 8.2The monthly fee is COP 0 and transfers are free, but conversion at 3% is well above the everyday-accounts median 0.22%. |
| Offer | 9.2Higher | 9.1 |
| Trust | 9.5Higher | 8.4 |
How they place
| Ranking | Cathay United digital accounts | Nequi |
|---|---|---|
| Savings accounts | 944 of 1420 | 582 of 1420 |
| Money transfer services | 831 of 1564 | 446 of 1564 |
Every fact side by side
| Fact | Cathay United digital accounts | Nequi |
|---|---|---|
| Audience | Expats | Teen, Business, Freelancer |
| Pricing model | Not confirmed | No monthly fee |
| Features | Not confirmed | Free ATM |
| Legal entity | Cathay United Bank Co., Ltd. | Nequi S.A. Compania de Financiamiento |
| Headquarters | Taiwan | Colombia |
| Founded | 1975Lower | 2015 |
| Support channels | Email, Chat, Phone | Phone, Chat, Help centre, Community |
Money transfer
| Fact | Cathay United digital accounts | Nequi |
|---|---|---|
| Exchange rate markup | Not confirmed | 3% |
| Delivery time | Not confirmed | Within 24 hours |
| Payout methods | Bank | Bank, Cash pickup, WalletCovers more |
| Fee to send 1,000 | NT$300 | COP 0 |
Savings
| Fact | Cathay United digital accounts | Nequi |
|---|---|---|
| Rate type | Not confirmed | Variable |
| Access terms | Not confirmed | Nequi savings account for Colombian natural persons over 18, unlimited balance and no transaction cap, one savings account per user, deposit insured by FOGAFIN |
| Account kind | Not confirmed | Easy access |
Where each stands against the rest
| Fact | Cathay United digital accounts | Nequi | Median |
|---|---|---|---|
| Monthly fee | Not confirmed | COP 0at the median | COP 0 |
| Currency conversion fee | Not confirmed | 3%highest quarter | 0.5% |
| Currencies | Not confirmed | 2lowest quarter | 5 |
Median across 536 listed accounts.
Pros and cons
Cathay United digital accounts
Pros
- The FAQ defines the digital deposit account as a Taiwan-dollar or foreign-currency demand savings account opened through an automated channel.
- Applicants receive the review result by email and text message after submitting details.
Nequi
Pros
- Deposits are insured by FOGAFAN, and the balance is unlimited with no transaction cap.
- The account kind is easy access and the savings rate is variable.
- Money can go to a bank, a cash pickup point or a wallet, per bank, cash pickup and wallet.
Cons
- Currency conversion costs 3% with a markup of 3%, above the everyday-accounts fee median of 0.22%.
- Only 2 currencies are supported, against an everyday-accounts median of 9.
- A single savings account per user, and only Colombian natural persons can open it.
Who each suits
Cathay United digital accounts
Who it suits
- Taiwan applicants checking Cathay United digital deposit accounts
Nequi
Who it suits
- Colombian adults who want savings and everyday spending in a single free account with insured deposits
- People in Nequi's core audience of teen, business and freelancer, from teens to freelancers
- Freelancers in Colombia who take payouts to a bank, a cash pickup point or a wallet, per bank, cash pickup and wallet
Who should look elsewhere
- Readers who hold many currencies: Nequi covers 2 and charges 3% to convert, so Skrill is the one to compare
- Anyone earning or saving in euros rather than pesos, since Plazo ES is priced in euros with a monthly fee of €0
- Readers who want a payment wallet rather than an insured savings balance, since PayPal Colombia also has a $0 monthly fee
Current offers
Nequi
Current offer
Bonus
Tienda Virtual Nequi: Walaky cashback: Up to 7% money back
Devolucion de plata on digital purchases at Walaky through Tienda Virtual Nequi
Source, checked September 26, 2026
Bonus
Tienda Virtual Nequi: Clevercel cashback: Up to 4% cashback
Devolucion de plata on digital purchases at Clevercel through Tienda Virtual Nequi
Source, checked September 26, 2026
Country by country
| Country | Cathay United digital accounts | Nequi |
|---|---|---|
| Colombia | No | Yes |
| Taiwan | Yes | No |
Questions about each
Nequi
What does Nequi cost to keep each month?+
The Nequi savings account carries a monthly fee of COP 0, so there is no standing charge for Colombian adults. Transfers to Nequi or Bancolombia accounts, to other Colombian banks by ACH and by QR are free, with a transfer fee of COP 0.
Is my money protected in a Nequi savings account?+
Deposits in the Nequi savings account are insured by FOGAFIN, and the account kind is easy access. The balance is unlimited with no transaction cap, and the account is open to Colombian natural persons with a single savings account per user.
Who regulates Nequi?+
Nequi runs in Colombia, where the regulator is the Superintendencia Financiera de Colombia, and the legal entity is Nequi S.A. Compania de Financiamiento. Deposits held in the savings account are insured by FOGAFAN, so safety rests on a named supervisor and a named deposit insurer.
Which currencies can I hold and convert?+
Nequi covers 2 currencies, and conversion costs 3% with a markup of 3%, above the everyday-accounts fee median of 0.22%. Spending and saving in pesos keeps the everyday account free of that charge.
Other options to compare
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Related by the facts
Cathay United digital accounts
Nequi