Updated October 14, 2026 · VaultCue Editorial Team
Nequi vs Sumeria
Nequi
Sumeria
Higher score in this comparison
Nequi vs Sumeria: the differences
| Compare | NequiReviewSee alternativesSee alternatives | SumeriaReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | COP 0 | €0 |
| Currency conversion fee | 3% | 0%Lower |
| Transfer fee | Free (GRATIS) to send to Nequi or Bancolombia accounts/deposits, to other banks via ACH, and by QR | 0 EUR (all transfers free on the free Carte Basique offer) |
| Deposit protection | Not confirmed | EU DGS up to EUR 100,000 |
| Currencies | 2 | Not confirmed |
| Local account details | Not confirmed | IBAN |
| Free ATM withdrawals | Not confirmed | €250 |
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Key differences
- Sumeria scores higher overall: 8.9 vs 8.5.
- Founded is lower at Sumeria: 2011 vs 2015.
- Sumeria is available in 1 more country.
- Currency conversion fee is lower at Sumeria: 0% vs 3%.
- Support channels: only Nequi offers Community.
- Support channels: only Sumeria offers Email.
- Audience: only Nequi offers Teen, Business, Freelancer.
- Audience: only Sumeria offers Travelers.
Our verdict on each
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.
Sumeria
Sumeria is an easy-access French account with instant access to a French IBAN and a variable rate of 1% to 2%, which suits travellers who want euro banking without a fixed term. It is regulated and deposit protected, so the trade-off is the low rate rather than the safety of the money.
Score breakdown
| Area | Nequi | Sumeria |
|---|---|---|
| Cost | 8.2The monthly fee is COP 0 and transfers are free, but conversion at 3% is well above the everyday-accounts median 0.22%. | 9.1HigherMonthly fee €0 and transfer fee €0, with conversion fee 0%. |
| Offer | 9.1Higher | 9.0 |
| Trust | 8.4 | 8.8Higher |
How they place
| Ranking | Nequi | Sumeria |
|---|---|---|
| Savings accounts | 582 of 1420 | 442 of 1420 |
| Money transfer services | 446 of 1564 | 325 of 1564 |
Every fact side by side
| Fact | Nequi | Sumeria |
|---|---|---|
| Audience | Teen, Business, Freelancer | Travelers |
| Pricing model | No monthly fee | No monthly fee |
| Features | Free ATM | Free ATM |
| Legal entity | Nequi S.A. Compania de Financiamiento | Lydia Solutions |
| Headquarters | Colombia | France |
| Founded | 2015 | 2011Lower |
| Support channels | Phone, Chat, Help centre, Community | Email, Help centre, Phone, Chat |
Money transfer
| Fact | Nequi | Sumeria |
|---|---|---|
| Exchange rate markup | 3% | 0%Lower |
| Delivery time | Within 24 hours | Instant |
| Payout methods | Bank, Cash pickup, Wallet | Bank, Card |
| Fee to send 1,000 | COP 0 | €0 |
Savings
| Fact | Nequi | Sumeria |
|---|---|---|
| Headline rate | Not confirmed | 1% to 2% |
| Rate type | Variable | Variable |
| Access terms | Nequi savings account for Colombian natural persons over 18, unlimited balance and no transaction cap, one savings account per user, deposit insured by FOGAFIN | No commitment, instant access to a French IBAN; Basic offer: up to 2,000 EUR payments and withdrawals per month, 3 free ATM withdrawals per month, card free |
| Account kind | Easy access | Easy access |
Where each stands against the rest
| Fact | Nequi | Sumeria | Median |
|---|---|---|---|
| Currency conversion fee | 3%highest quarter | 0%below the median | 0.5% |
| Currencies | 2lowest quarter | Not confirmed | 5 |
| Free ATM withdrawals | Not confirmed | €250above the median | €1 |
Median across 536 listed accounts.
Pros and cons
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.
Sumeria
Pros
- Instant access to a French IBAN with no commitment, so the account works around a trip
- Money sits under EU DGS up to EUR 100,000, and the account runs on a French e-money licence from ACPR with an ORIAS registration
- Transfers arrive in Instant time and payouts go to a bank account or a card (bank and card)
Cons
- The variable rate of 1% to 2% sits under the savings median of 3.08% on the site, so the money earns less than most savings accounts listed
- The Basic offer caps payments and withdrawals each month, and the free ATM allowance stands at €250
- The account is easy-access (easy access) and the rate is variable, so there is no term to lock the rate in for
Who each suits
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
Sumeria
Who it suits
- Travellers in France who want a local IBAN, with Instant payments and no commitment
- Euro spenders who want the free card on the Basic offer and payouts to a bank or card (bank and card)
- Euro savers who care more about protection of EU DGS up to EUR 100,000 than about the rate
Who should look elsewhere
- Savers chasing a higher return: Plazo ES shows a headline rate of 24.19% against 1% to 2% here
- People set on a card and credit product: AXI Card Tarjeta y Credito is built around a card at 21.59%, while Sumeria is an easy-access account (easy access)
- Wallet-first users: PayPal Colombia sits at a headline rate of 3.3% and suits wallet balances, whereas Sumeria suits euro banking on a French IBAN
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
Sumeria
Current offer
Bonus
Remunerated current account: 2% for the first 3 months, then 1%: 2% gross annual rate for the first 3 months, then 1%
At least 10 eligible card payments per month with a Sumeria card, interest calculated daily and paid monthly; rate applies to total balances across Sumeria accounts capped at 100,000 EUR (100,000 EUR cap if the Black Card offer is taken); reserved for French and Belgian tax residents; rate subject to change
Source, checked September 26, 2026
Country by country
| Country | Nequi | Sumeria |
|---|---|---|
| Belgium | No | Yes |
| Colombia | Yes | No |
| France | No | Yes |
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.
Sumeria
What does a Sumeria account cost to run?+
The monthly fee is €0, so holding the account is free. Transfers are free on the free Carte Basique offer, where the transfer fee is 0 EUR (all transfers free on the free Carte Basique offer). Currency conversion comes with a fee of 0% and an exchange rate markup of 0%.
Is my money protected at Sumeria?+
Deposits are covered by EU DGS up to EUR 100,000. The account is run by Lydia Solutions as an e-money institution authorised to issue payment services by ACPR, with an ORIAS registration as an agent of an investment service provider, so French regulators sit over the account.
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Nequi
Sumeria