What is the Best Bank to Earn Money? CDI vs. Savings in 2024

Leaving money idle in the account yields nothing. In savings accounts, the situation is slightly better: only 7.41% per year. But there is an alternative that many Brazilians still do not know about: digital accounts linked to the CDI, which can generate up to 113% of annual profitability.

Why Does the CDI Yield More Than Savings?

The secret lies in how each one works. Savings accounts follow a fixed formula (70% of the Selic + Referential Rate) and update the yield only once a month, on the deposit anniversary. The CDI (Interbank Deposit Certificate), on the other hand, is recalculated daily, tracking fluctuations in market interest rates, especially the Selic.

When you invest in an account that yields 100% of the CDI, the money generates approximately 10.40% per year – well above the 7.41% of savings. And this is not counting accounts that offer above 100% of the CDI.

The Best Banks to Grow Money in 2024

###High-Yield Accounts (Above 105%)

Neon leads with up to 113% of the CDI. The trick? The yield starts at 100% and increases every semester, reaching the maximum in two years. The longer the money stays there, the better the rate.

99Pay offers up to 110% of the CDI for balances up to R$ 5,000. The differential is that it yields every day, including weekends, while many wallets only work during business hours.

Mercado Pago reaches 105% of the CDI for those who subscribe to the Meli+ (program of Mercado Livre) and keep at least R$ 1,000 monthly in the account.

###Balanced Yield Accounts (100% to 105%)

Nubank, one of the largest digital banks in Brazil, offers 100% of the CDI with an advantage: the yield is daily (after 31 days of deposit), not monthly. The money is automatically invested in Federal Public Securities.

PicPay yields 102% of the CDI on all business days. Over 24 months, R$ 1,000 would generate R$ 204.12 – almost double what it yields in savings (R$ 129.29).

Pagbank (from PagSeguro) offers 100% of the CDI in the so-called “Rendeira Account,” with automatic application after 30 days of idle balance.

Iti (from Itaú) also provides 100% of the CDI, with the highlight being the “My Goals” tool, which allows organizing and separating money by specific objectives from the first business day.

###Accounts with Lower Initial Yield

Banco PAN starts with 10% of the CDI in the first 30 days, then jumps to 100% of the CDI. The minimum required is just R$ 30 in balance.

Features Beyond Yield

The best banks to grow money go beyond simple investments. Many offer:

• Organization tools: Digital piggy banks and goals allow separating savings by category
• Cashback: 99Pay offers returns on rides and recharges
• Flexibility: Daily or every business day yield, not just monthly

Which One to Choose?

The decision depends on your profile. If you seek maximum profitability and patience, Neon is unbeatable. For quick returns without waiting, 99Pay and Nubank are reliable. If you want simplicity with good returns, PicPay and Mercado Pago balance well.

In 2024, with interest rates high, putting money into one of these digital accounts is a smart strategy. The difference between earning in savings (7.41%) versus CDI (10%+) can mean hundreds or thousands of reais over a year. The best banks to grow money are no longer just the traditional ones – they are those that prioritize your profitability.