Which Bank Yields More in 2024? Comparison of Digital Accounts That Outperform Savings

The decision of where to invest your money has become more complex in recent years. With so many digital accounts offering automatic yields, the question arises: which bank yields the most? The answer is not straightforward, but this guide will clarify the best alternatives.

Why Leaving Money Idle Is No Longer Acceptable

Traditional savings, with its 7.41% per year plus a zeroed Referential Rate, has become insufficient for those who truly want their money to work. The good news: several digital banks have created accounts that triple this return. The secret lies in the CDI (Interbank Deposit Certificate), a much more dynamic index than savings.

How CDI Yield Works

While savings calculate earnings once a month (on the deposit anniversary), accounts based on CDI update their profitability daily, on business days. An account offering 100% of CDI generates approximately 10.40% per year – well above the 7.41% of savings. And when the yield reaches 110% or 113% of CDI, the gains become even more attractive.

The 8 Largest Digital Banks and Which Offers the Best Yield

Neon leads with up to 113% of CDI

Neon offers the best yield rate in the market. Starting at 100% of CDI, the percentage increases every semester until reaching a maximum of 113% after two years of investment. The longer the stay, the smaller the discount on the profit.

99Pay: up to 110% of CDI for small amounts

For balances up to R$ 5,000, 99Pay offers a yield of up to 110% of CDI every day, including weekends. Above this amount, it fluctuates between 80% and 110%. As a differential, it also offers cashback on rides and recharges.

Mercado Pago: 105% of CDI for Meli+ subscribers

Anyone with a Mercado Pago account earns 100% of CDI. But those who subscribe to the Meli+ program and deposit R$ 1,000 or more monthly increase to 105% of CDI.

PicPay: up to 102% of CDI with goal-setting feature

Since 2012 in the market, PicPay offers an interesting feature: “Piggy Banks,” personalized compartments to organize savings. Money yields 102% of CDI on business days. In practice, R$ 1,000 in 24 months generates R$ 204.12 in profit here, versus R$ 129.29 in savings.

Nubank, Pagbank, Iti, and Banco PAN: 100% of CDI

These four players offer the standard rate of 100% of CDI, but with operational differences:

• Nubank invests in Federal Public Securities and starts earning from the 31st day, daily on business days
• Pagbank (from PagSeguro) offers the “Rendable Account,” with yield after 30 days of inactivity
• Iti (Itaú’s digital branch) has the “My Goals” feature, similar to Nubank’s piggy banks, earning from the first business day
• Banco PAN starts with 10% of CDI for the first 30 days, then rises to 100%, with a minimum of R$ 30 to activate

Which Bank Yields More Depends on Your Profile

If you seek maximum profitability and can leave your money invested long-term, Neon with its 113% of CDI is unbeatable. For those wanting flexibility without sacrificing gains, Mercado Pago (105%) or 99Pay (110%) are excellent options. Those who value organization find the best management tools in PicPay and Iti. And to start with little capital, Banco PAN accepts deposits from R$ 30.

CDI vs Savings: Why Is the Difference So Big?

Savings follow a fixed formula: 70% of the Selic rate + a zeroed Referential Rate (zeroed). CDI, however, reflects the average loan rate between banks, calculated daily and tied to market dynamics. This means that during periods of high Selic (like now), CDI-based products explode in profitability, while savings remain stagnant.

Conclusion: The Ideal Bank in 2024

There is no single bank that yields more for everyone. The best choice depends on how much you have to invest, how long you plan to keep it invested, and whether you value additional resources. But one thing is certain: keeping money in savings in 2024 is leaving money on the table. Among the digital accounts analyzed, all options with CDI (whether 100%, 105%, 110%, or 113%) are financially superior.

The final recommendation is simple: choose the bank that yields more according to your situation. Open an account, let your money earn automatically, and enjoy the profit differential that digital accounts offer. In a scenario of high interest rates, this can be the difference between saving and truly building wealth.