Digital Bank Accounts That Yield More: Complete Guide 2024

Investing idle money in a regular checking account is a waste of opportunities. Traditional savings, with its modest 7.41% per year, is increasingly unattractive to Brazilians seeking better returns. The good news? Digital banks that yield more are gaining market share by offering more profitable alternatives through accounts with automatic earnings linked to the CDI.

Why Switch to a Digital Bank that Yields More?

Digital transformation in the banking sector has brought a different reality: accounts that work for your money while you sleep. Unlike savings accounts, which operate with a fixed rate (70% of the Selic + Referential Rate), many digital banks that yield more use the CDI as a reference, allowing for higher returns and daily updates on earnings.

The difference is substantial. While savings accounts update only on the deposit anniversary each month, digital accounts generate earnings on all business days. This practically means a significant additional gain over the year.

What Is CDI and Why Does It Matter?

The CDI (Interbank Deposit Certificate) functions as an average interest rate for short-term loans between banks. Unlike static savings, the CDI moves daily, tracking the Selic rate, reflecting the actual conditions of the financial market.

When an institution offers 100% of the CDI, its balance earns according to this floating rate. When it exceeds, such as 113% of the CDI, gains are amplified even more. For those who leave capital idle, this difference turns into real money in their pocket.

Comparison: The Best Digital Banks with Yield

Neon - Progressive Yield Up to 113% of CDI

Neon offers an innovative model where the yield starts at 100% of CDI and increases every six months until reaching 113%. This progression rewards customer loyalty. The longer the capital remains on the platform, the smaller the discounts applied to the final yield.

Nubank - 100% of CDI with Flexibility

As one of the largest digital banks that yield more in the country, Nubank provides a payment account (ne checking account, not a traditional savings account) where deposits are automatically invested in Federal Public Securities. The differential: earnings on all business days after 31 days, not just monthly like savings.

PicPay - Up to 102% of CDI with Organization

Since 2012, PicPay has integrated a feature called “Piggy Banks” into its digital bank that yields more, allowing users to organize savings by customized categories. Practical simulations on the platform show that R$ 1,000 invested for 24 months generates R$ 204.12 in CDI versus only R$ 129.29 in savings — a 58% difference.

Mercado Pago - Up to 105% of CDI with Loyalty Program

At Mercado Pago, every deposit automatically starts earning 100% of CDI. Meli+ subscribers who transact with R$ 1,000 or more monthly increase the yield to 105% of CDI. It’s a digital bank that yields more especially for active users within the Mercado Livre ecosystem.

99Pay - Up to 110% of CDI in Mobility

Standing out, 99Pay offers yields of up to 110% of CDI on balances up to R$ 5,000, with a progressive structure for larger amounts. Additionally, it generates cashback on rides and recharges, functioning as a digital bank that yields more for frequent users of the mobility platform.

PagBank - 100% of CDI Made Simple

The PagBank platform, operated by PagSeguro, offers the “RendBank” account: a simple solution where 100% of CDI is automatically credited on balances held for more than 30 days. No complexities, just consistent returns.

Iti (Itaú) - 100% of CDI from Day One

Iti brings Itaú’s strength in a digital format. Its “My Goals” feature works like electronic envelopes, where money earns 100% of CDI from the first business day, without waiting 30 days.

Banco PAN - 100% of CDI with Low Entry Barrier

PAN democratizes access to the digital bank that yields more with a minimum of R$ 30. In the first 30 days, it yields 10% of CDI; afterward, 100% in full. Without a maximum limit, it is inclusive for small savers.

Comparative Analysis: Which to Choose?

Each institution has its own characteristics. For those seeking maximum yield, Neon with its 113% of CDI leads. For integrated convenience within a digital ecosystem, Mercado Pago or 99Pay offer additional benefits like cashback. For the security of a traditional institution, Iti and PAN combine banking strength with higher yields.

The ideal choice depends on your profile: amount of capital, transaction frequency, and integration with other services used.

Why Digital Banks Yield More

The reduced operational costs of digital platforms allow them to better remunerate their clients. Without physical branches, paperwork, or bureaucracy, these digital banks that yield more pass savings to users through better profitability.

Additionally, by investing deposits in assets like government bonds and CDBs, these institutions charge lower spreads, increasing the final profitability that reaches the customer.

The Reality in 2024

In a scenario of high interest rates, maximizing returns on savings is no longer optional but a necessity. Leaving money in savings accounts results in a real loss of purchasing power. The digital banks that yield more have emerged as a viable and secure alternative, regulated by the Central Bank of Brazil.

Many of these accounts offer returns not only superior to savings but also with additional features: goal organization, cashback, integration with mobility apps or marketplaces. It’s a natural evolution in how Brazilians relate to money.

Conclusion

The decision to switch to a digital bank that yields more is a smart move for those who understand the time value of money. With yields ranging from 100% to 113% of CDI versus 7.41% in savings, the accumulated difference over the years is significant.

There’s no reason to keep idle capital in a traditional account. The digital banks that yield more combine security, convenience, and higher profitability. Choose according to your transaction profile and financial goals — but do it soon. Time is an ally of profitability.