Which Bank Yields the Most in 2024? Complete Guide to Digital Accounts with CDI

The Question That Won’t Leave the Mind of Investors

Leaving money idle in a checking account is a missed opportunity. Traditional savings, with its 7.41% per year, no longer impresses in 2024. The real question Brazilians are asking now is: which bank yields more without complications?

The answer lies in digital accounts linked to the CDI. While savings offers a fixed return updated only monthly, many financial platforms provide customers with an account modality that generates automatic returns on every business day, with a much more attractive rate. The result? Some digital banks offer yields of up to 113% of the CDI, nearly 50% above what you would earn in savings.

How Does This CDI Magic Work

Before discovering which bank yields more, it’s essential to understand the mechanism behind these numbers.

The CDI (Interbank Deposit Certificate) is the average interest rate of short-term loans between banks. Unlike savings, which follows a fixed formula based on 70% of the Selic plus the Referential Rate, the CDI is updated daily and reflects the actual conditions of the financial market.

When an account offers “100% of the CDI,” it means the investor receives the full rate. When it offers “113% of the CDI,” they receive even more. To put it into perspective: with R$ 1,000 invested for 24 months at a CDI yield of 102%, you would earn about R$ 204, versus only R$ 129 in savings. That’s a difference of 58% in absolute gains.

Profitability is credited on business days, usually starting after the 31st day of deposit, making these accounts much more dynamic than traditional savings.

The Best Yields: Which Bank Yields the Most

The answer to which bank yields the most depends on how long you plan to keep the money invested. Some offer tiered yields, increasing over time. Others maintain a fixed rate from the start. Here are the main options:

Which Bank Yields the Most with a Focus on Progressive Returns: Neon (up to 113% of the CDI)

Neon stands out for offering a tiered system. It starts at 100% of the CDI and increases by 2% every six months until reaching 113% after two years. This means the longer you leave the money, the higher the return. It’s an ideal strategy for those planning to save medium to long term.

Which Bank Yields the Most with Immediate Return: Nubank (100% of the CDI from Day 1)

Nubank, Brazil’s largest digital bank, offers an automatic yield of 100% of the CDI applied to Federal Public Securities. The difference compared to savings appears within the first months: while savings calculates earnings only on deposit anniversaries, Nubank credits daily on all business days after completing 31 days. No tiering here – full yield from the start.

Which Bank Yields the Most for Users with Additional Benefits: Mercado Pago (100% to 105% of the CDI)

At Mercado Pago, all money entering the account already yields 100% of the CDI. But those with an active Meli+ (Mercado Livre loyalty program) subscription and maintaining a balance of R$ 1,000 or more monthly move up to 105% of the CDI. Combine yield with points accumulation and discounts on purchases.

Which Bank Yields the Most in Mobility: 99Pay (up to 110% of the CDI)

The mobility platform 99 offers something different: balances up to R$ 5,000 generate 110% of the CDI daily – including weekends and outside business hours. Above this limit, the yield drops to 80% of the CDI, but you keep 110% on the first R$ 5,000. Additionally, there’s cashback on rides and recharges, increasing total gains.

Which Bank Yields the Most for Financial Organization: PicPay (up to 102% of the CDI)

PicPay introduced an interesting feature: “Piggy Banks,” which allow organizing savings into customized categories. The yield is 102% of the CDI on all business days. A practical example shows that R$ 1,000 over 24 months at 102% CDI generates R$ 204.12, versus R$ 129.29 in savings.

Which Bank Yields the Most in the Traditional Segment: Iti (100% of the CDI)

Iti, the digital account from Itaú bank, offers automatic yield of 100% of the CDI through the “My Goals” tool, which works as digital jars to organize financial objectives. Returns start counting from the first business day.

Which Bank Yields the Most with Low Entry Barrier: Banco PAN (100% of the CDI)

Banco PAN offers automatic yield with a minimal amount: just R$ 30 in the account. In the first 30 days, the yield is only 10% of the CDI, but from the second month onward, it rises to 100% of the CDI daily. No maximum balance limit.

Which Bank Yields the Most with a Competitive Fixed Rate: PagBank (100% of the CDI)

PagBank, the financial platform of PagSeguro, offers the Yield Account with 100% of the CDI automatically. Any balance left idle for more than 30 days starts generating daily returns.

The Big Comparison: Which Bank Yields the Most Depends on Your Profile

The question isn’t simply which bank yields more in absolute percentage. It’s necessary to consider:

**For Those Who Leave Money Long-Term (2+ years): Neon leads, reaching 113% of the CDI. Here, you maximize progressive gains.

For Those Who Want Immediate and Reliable Return: Nubank and Iti guarantee 100% of the CDI from Day 1, with no surprises.

For Those Looking to Combine Yield with Benefits: Mercado Pago, 99Pay, and PicPay offer extras like cashback, discounts, or integrated financial organization.

For Those Who Want to Start with Little: Banco PAN allows entry with just R$ 30.

Why Do These Accounts Yield More Than Savings

Savings remains at 7.41% per year because it follows a fixed formula: 70% of the Selic plus the Referential Rate (which is currently zero). The yield is calculated and credited only once a month, on each deposit’s anniversary.

Digital accounts offering CDI have dynamic yields, updated daily. Since CDI reflects real interbank market conditions, it tracks the Selic in real time. During periods of rising interest rates, like now, this daily update ensures significantly higher returns.

A product that yields above 100% of the CDI will potentially outperform savings almost all year round, especially during scenarios of increasing Selic rates.

The Final Decision: Which Bank Yields More for You

In 2024, leaving money in savings is a consciously suboptimal choice. Digital accounts with CDI have been evolving rapidly, offering not only better yields but also extra functionalities that add value.

If you haven’t yet moved to one of these platforms, the question “which bank yields more” should lead you to a decision: depending on your investment horizon, usage profile, and preferences, there is at least one option that will significantly outperform leaving everything in savings.

Many of these accounts can be opened in minutes via app, with no bureaucracy. The time you still spend in savings is time lost in earning opportunity. In a market where interest rates remain high, transferring your money to a bank that yields more isn’t just a smart choice – it’s almost an obligation for better managing your wealth.