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Coac Credil review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Coac Credil is an Ecuadorian cooperative savings account that suits savers who keep a modest balance and want access at any hour. The variable rate of 3.3% sits just above the savings median of 3.08%, while the monthly fee of $0 leaves nothing to pay each month.

Key facts

Best for
An easy-access account with no monthly fee for savers keeping a small balance.
Headline rate
3.3%↗
Rate type
Variable↗
Minimum deposit
$20↗
Access terms
24/7 availability, interest credited monthly↗
Monthly fee
$0↗
Account kind
Easy access↗
Legal entity
COOPERATIVA DE AHORRO Y CREDITO DE LA PEQUENA EMPRESA BIBLIAN LTDA.↗
Headquarters
Ecuador↗
Support channels
Phone, Chat, Help-centre↗
Pricing model
No monthly fee
Official website
cbcooperativa.fin.ec

Everyday accounts

Free ATM withdrawals
$0↗
Transfer fee
No fee charged by CB Cooperativa for receiving money from abroad; the sending company may charge a fee↗
Features
Free ATM withdrawals

Facts checked September 26, 2026, 6 sources

Apps and profiles

Elsewhere
LinkedInX

Pros and cons

Pros

  • The easy-access savings account carries a monthly fee of $0.
  • ATM withdrawals come with a free allowance of $0.
  • The minimum deposit of $20 sits below the savings upper quartile of €21.82.
  • Interest is credited monthly on a balance that stays reachable around the clock.

Cons

  • The rate is variable at 3.3%, so the return can move with the cooperative's pricing.
  • 3.3% is well below the upper quartile of 4.5% across savings accounts.
  • Opening the account needs $20, where PayPal Colombia opens at $0.

Ready to try Coac Credil?

Scored 8.9 / 10 by VaultCue.

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Who it suits

  • Savers in Ecuador who want a small easy-access balance with no monthly charge.
  • People who prefer to reach support by phone, chat and help centre rather than in branch.
  • Savers who may need the balance at short notice and are content for interest to be credited monthly.

Who should look elsewhere

  • Rate chasers: AXI Card Tarjeta y Credito lists 21.59% and Plazo ES lists 24.19%, both well above what this deposit earns.
  • Anyone unwilling to put in an opening amount: PayPal Colombia starts at $0.
  • Savers who need a known return locked for a set period, since the rate type is variable.

Rates and terms

The savings account pays a variable rate of 3.3%, which the cooperative can change rather than holding steady for a term. That sits above the savings median of 3.08% and below the upper quartile of 4.5%, so it is a mid-table return. Because the rate type is variable rather than fixed, the figure can change during the life of the balance.

How Coac Credil compares

Where Coac Credil is available

Available
Ecuador

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does Coac Credil charge to hold the account?+

Running costs are light: the easy-access account carries a monthly fee of $0, and cash machine withdrawals come with a free allowance of $0. Interest is credited to the balance monthly, so holding the account does not cost more than keeping the money parked.

How much do I need to open the account?+

The minimum deposit is $20 for the easy-access account. That sits below the upper quartile of €21.82 in this category, so the entry point stays modest, although it is higher than the $0 entry point at PayPal Colombia.

What rate do I earn and can it change?+

The account pays a variable rate of 3.3%. Variable means the cooperative sets the figure rather than locking it for a term, so the return on offer can move. It currently sits above the savings median of 3.08% on the site.

How quickly can I reach my money?+

Coac Credil offers an easy access deposit: the balance stays available at any hour of the day or night, and interest is credited monthly. That suits savers keeping cash for a near-term goal better than a product which ties the money away for a fixed period.

How do I get help when I have a question?+

Support runs on phone, chat and help centre, so a phone line, live chat and a help centre are the listed ways to reach the cooperative. The help centre covers reading terms before opening, while phone and chat handle practical questions once an account is in use.

Who runs the account and where is it based?+

The account is run by a savings and credit cooperative set up to serve small businesses, and it is based in Ecuador. Money is held with the cooperative itself rather than through a branch network of a large bank, and the balance earns interest that is credited each month.

How does the rate compare with other savings accounts?+

The rate of 3.3% places the account in the middle of the savings field. It ranks 214 of 473 brands on headline rate, above the site median of 3% and short of the upper quartile of 4.15%.

Is this account worth it for a small saver?+

It fits people who want a modest balance, no monthly charge and access at any hour. The minimum deposit of $20 and the monthly fee of $0 keep the commitment small, while support by phone, chat and help centre gives members several ways to get answers.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Term, Deposit protection.

Coac Credil

An easy-access account with no monthly fee for savers keeping a small balance.

8.9/10See alternatives