Which Bank Yields the Most Money in 2024: Digital Accounts Outperform Savings with CDI

If you still keep your money earning little in savings accounts, it’s time to explore a much more profitable alternative. Digital banks in Brazil offer accounts with automatic yields linked to the CDI, providing significantly higher gains. Let’s analyze the best options and how these investments work.

Why Does the CDI Yield More Than Savings?

The difference between investing in a bank that earns more money and leaving it in a traditional savings account is substantial. While savings accounts offer only 7.41% per year plus the Referential Rate (which is currently zero), a digital account with 100% of the CDI generates an annual return of 10.40%.

The CDI (Interbank Deposit Certificate) is calculated daily, reflecting the average interest rate of loans between financial institutions. Meanwhile, savings accounts use a fixed formula (70% of the Selic + TR) updated only monthly. This difference in update frequency explains why finding a bank that earns more money means looking at the CDI.

The Digital Banks with the Best Returns in 2024

Neon: Up to 113% of the CDI

Neon leads among banks that earn the most in 2024, offering progressive returns. It starts at 100% of the CDI and increases to 113% every six months of resource retention. The maximum profitability is reached after two years, rewarding those who keep their money invested longer.

Nubank: 100% of the Daily CDI

As one of the largest digital banks in the country, Nubank offers yields on Federal Public Securities every business day, after the 31st day of deposit. Unlike savings accounts that yield once a month, here you receive continuous earnings. The payment account provides a simple and accessible investment experience.

Mercado Pago: Up to 105% of the CDI

At Mercado Pago, all deposited money yields at least 100% of the CDI. But for those looking to maximize gains, there is an advantage: Meli+ subscribers who maintain a minimum balance of R$ 1,000 monthly receive 105% of the CDI. An interesting option for those already using the Mercado Livre ecosystem.

99Pay: Up to 110% of the CDI

The mobility platform 99 offers accounts that yield up to 110% of the CDI for balances up to R$ 5,000. Above that, the yield combines 80% of the CDI + 110% of the CDI. Additionally, it offers cashback on rides and recharges. The key difference is that it yields every day, including weekends, while other wallets only operate during business hours.

PicPay: Up to 102% of the CDI

Since 2012 in the market, PicPay offers digital accounts with a yield of 102% of the CDI every business day. To illustrate: R$ 1,000 invested for 24 months at CDI yields R$ 204.12, while in savings it would only yield R$ 129.29. The “Piggy Banks” feature allows organizing savings by customized categories.

PagBank: 100% of the CDI Automatic

PagSeguro’s platform, PagBank, offers the Conta Rendeira, which automatically yields 100% of the CDI on balances that remain idle for more than 30 days. It’s a simple solution for those seeking a bank that earns more money without complications.

Iti (Itaú): 100% of the CDI from Day One

Itaú’s digital account, iti, offers 100% of the CDI for amounts allocated in the “My Goals” feature from the first business day. Similar to Nubank’s piggy banks, it allows organizing finances by specific objectives. Ideal for those who want financial discipline with good returns.

Banco PAN: 100% of the CDI with Low Minimum Balance

PAN offers automatic daily yields with just R$ 30 as the minimum balance. In the first 30 days, it yields 10% of the CDI, and in subsequent months, it increases to 100% of the CDI. Without a maximum balance limit, it is accessible for anyone to start.

Comparative Table: Which Bank Earns the Most Money?

Understanding the CDI: The Basis of Returns

The CDI is the average interest rate of short-term loans between banks. It serves as the basis for calculating yields on CDBs, LCIs, investment funds, and, of course, digital accounts. When a product yields “above 100% of the CDI,” it means it is offering a higher return than the standard market reference.

The daily update of the CDI explains why digital banks can offer better returns. While savings accounts have a rigid formula, the CDI moves with real interest rates in the economy, providing flexibility and opportunities for higher gains during periods of high Selic rates.

Conclusion: Choosing the Bank That Earns the Most Money

In 2024, abandoning traditional savings is no longer an option; it’s a necessity for those seeking real profitability. Digital banks present alternatives with yields between 100% and 113% of the CDI, compared to the mere 7.41% of savings.

The bank that earns the most for you depends on your needs: if you want maximum profitability, Neon reaches 113% of the CDI. If you value extra benefits, 99Pay offers cashback. If you seek simplicity, Nubank and PagBank deliver 100% of the CDI without complications.

The important thing is not to leave money idle. With the available options, investing in a digital account linked to the CDI is a key strategy to maximize your savings in a high-interest scenario. The accumulated difference over the months justifies making this change today.