Which Bank is Yielding the Most? Complete Guide to Digital Banks in 2024

Why Not Leave Your Money Idle in a Regular Account

The reality of the financial market in 2024 shows a significant transformation in investment options for those looking to maximize their savings. While savings accounts offer an approximate return of 7.41% per year, digital banks have emerged as a much more competitive alternative, with yields reaching up to 113% of the CDI in some institutions.

The question most echoed among beginner investors is precisely: which bank is yielding the most? The answer depends on factors such as the duration of the capital’s stay and the invested volume, but the numbers clearly indicate that digital accounts outperform traditional options.

Understanding the CDI: The Market-Moving Metric

The Interbank Deposit Certificate (CDI) functions as a reference indicator for short-term operations between financial institutions. Unlike savings accounts, which earn only 70% of the Selic rate plus the Referential Rate (TR), the CDI is updated daily, allowing investments tied to it to follow market fluctuations with much greater precision.

To illustrate: while savings yield monthly on deposit anniversaries, the CDI’s yield accrues on all business days. This detail makes a huge difference accumulated over months.

The Yield Ranking: Who Is Leading

Best Gross Yield: Neon with 113% of CDI

Neon offers a progressive growth structure, starting at 100% of CDI and increasing gradually each semester until reaching a maximum of 113%. Those who keep funds on the platform for two years or more fully benefit from this increased profitability, making this bank the option with the best percentage yield in the market.

Balancing Yield and Convenience: Mercado Pago with up to 105% of CDI

For Meli+ program users, Mercado Pago offers 105% of CDI on balances starting at R$ 1,000 monthly. This proposition is especially appealing to those already integrated into the Mercado Livre ecosystem, combining convenience and profitability.

Speed of Yield: 99Pay with up to 110% of CDI

The 99Pay platform stands out for offering yields of up to 110% of CDI on balances up to R$ 5,000, with the additional advantage of processing gains every day of the week, including weekends and nighttime periods, something rare in the market.

Focus on Financial Organization: PicPay with up to 102% of CDI

PicPay differentiates itself with the “Piggy Banks” feature, allowing savings to be segmented by goals. Simulations show that R$ 1,000 invested for 24 months generates R$ 204.12 versus only R$ 129.29 in savings, an advantage of approximately 58%.

Other Options: Stability at 100% of CDI

Nubank, PagBank, Iti, and Banco PAN offer the basic yield of 100% of CDI, which still significantly surpasses savings accounts. Iti, owned by Itaú, allows organizing financial goals through the “My Goals” feature, similar to PicPay’s Piggy Banks. Banco PAN starts with 10% of CDI in the first 30 days and then rises to 100%.

Yield Structure by Institution

The Temporal Aspect: How Investment Duration Interferes

Many investors do not consider that the length of time the capital remains invested is crucial to maximizing yields. Institutions like Neon and PAN reward those who keep resources for longer periods, progressively increasing the CDI percentage.

For those needing frequent liquidity, Nubank and PagBank offer better flexibility while maintaining good returns from the start.

Which Bank Is Yielding the Most for Your Profile

The definitive answer depends on three variables: resource volume, investment horizon, and access needs.

If you have up to R$ 5,000 and want maximum yield: 99Pay with its 110% of CDI is unbeatable.

If you seek progressive growth: Neon offers the best return (113% of CDI) for periods over two years.

If you prefer convenience with good profitability: Mercado Pago (with Meli+) or Nubank balance both aspects.

If you want simplicity: PagBank and Iti offer 100% of CDI with an intuitive interface and no operational complexities.

2024: The Year of Financial Flexibility

The growth of digital banks in 2024 represents a real democratization of access to investments with superior yields. While savings accounts were practically the only accessible option a decade ago, now there are multiple alternatives offering returns ranging from 100% to 113% of CDI.

This diversity puts investors in a privileged position to choose, allowing them to optimize their portfolio as their financial situation evolves.

Conclusion: The Decision Is in Your Hands

Which bank is yielding the most is a question with multiple answers depending on individual context. The important thing is to recognize that leaving resources in a regular account is a waste of opportunity in 2024.

The institutions listed here offer simplified access to yields that practically double the return of traditional savings. Neon leads in gross percentage, but 99Pay impresses with consistency, while Mercado Pago and Nubank stand out for their balance between yield and functionalities.

Consider your financial goals, investment horizon, and access needs to choose the most suitable institution. In a scenario of rising interest rates, maximizing returns over savings is no longer a luxury but an essential strategic necessity.