Which Bank Pays the Most CDI in 2024? Complete Comparison of the Best Digital Accounts

If you’re wondering which bank pays the highest CDI, know that digital banks have become the most profitable answer for those looking to escape the modest returns of savings accounts. The good news is that many institutions now offer automatic accounts with returns well above what traditional savings provide.

Why abandon savings accounts in 2024?

Leaving resources idle in savings accounts has become synonymous with losing money. The current yield of 7.41% per year plus the Reference Rate cannot keep up with the opportunities presented by digital banks. Meanwhile, a digital account that yields 100% of the CDI generates approximately 10.40% per year – a significant difference when calculating gains over longer periods.

The explanation is simple: savings accounts have a fixed yield and are updated monthly on deposit anniversaries. The CDI, on the other hand, is calculated daily, reflecting a dynamic rate that follows the Selic rate and allows for more frequent and substantial gains.

Understanding the CDI and its percentages

The CDI (Interbank Deposit Certificate) functions as a reference rate in the Brazilian financial market. It represents the average interest rate of short-term loans between banking institutions and serves as a basis for calculating yields in CDBs, LCIs, investment funds, and, of course, digital accounts.

When an account offers “100% of the CDI,” it means the investor receives this rate in full. But when it offers “110% of the CDI” or “113% of the CDI,” the yield is even higher – an important competitive advantage among platforms.

The best yields: who is at the top

Neon leads with 113% of the CDI

The Neon platform stands out as the one that pays the highest CDI in percentage terms. It starts with 100% of the CDI and increases progressively every six months, reaching a maximum of 113% after two years of participation. The longer the investment period, the lower the rate deducted.

99Pay offers up to 110% of the CDI

99Pay, a digital account from the mobility app, promises returns of up to 110% of the CDI for balances up to R$ 5,000. Above this amount, it combines 80% of the CDI with 110% for the smaller portion. Unique features: it yields every day, including weekends, and offers cashback on rides and recharges.

Mercado Pago with up to 105% of the CDI

For Meli+ (Mercado Livre’s loyalty program) subscribers, Mercado Pago increases the yield to 105% of the CDI with deposits exceeding R$ 1,000 monthly. Regular users receive 100% of the CDI.

PicPay offers up to 102% of the CDI

Founded in 2012, PicPay offers a yield of 102% of the CDI with a “Piggy Banks” system to organize savings by categories. The platform indicates that R$ 1,000 invested for 24 months yields R$ 204.12 in CDI versus only R$ 129.29 in savings.

Accounts that guarantee 100% of the CDI

Nubank, PagBank, Iti, and Banco PAN round out the list with a yield of 100% of the CDI, offering stability and reliability. Nubank invests the money in Federal Public Securities with yields on business days starting from the 31st day. Iti (Itaú) operates with the “My Goals” tool. PagBank offers the Rendeira Account with automatic yield after 30 days. Banco PAN starts with 10% of the CDI in the first 30 days and rises to 100% afterward, with a minimum balance of just R$ 30.

How to maximize your gains in 2024

The choice depends on your profile: if you seek the maximum percentage, Neon and 99Pay lead. If you prefer combinations of extra benefits (cashback, goal organization), PicPay and Iti provide complete solutions. For those seeking security with big names, Nubank and Mercado Pago are established alternatives.

The important thing is to recognize that in a scenario of high interest rates, like the current one, concentrating resources in a savings account is leaving returns on the table. Digital banks have transformed the question of “where to invest my money” into a matter with multiple profitable answers.

Conclusion: CDI surpasses savings accounts

Which bank pays the most CDI? The answer varies according to your goals, but all mentioned significantly outperform the 7.41% annual savings rate. The variety of options between 100% and 113% of the CDI offers flexibility to choose based on the term, amount to invest, and desired benefits. In 2024, switching to a digital account with CDI yield means stopping the loss of money and starting to multiply it intelligently.