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

The Search for the Best Return

Leaving resources unproductive is a questionable financial decision in 2024. Traditional savings, offering only 7.41% per year plus the Reference Rate, is no longer competitive. The alternative has gained popularity among Brazilian investors: digital accounts that pay 100% or even more of the CDI (Interbank Deposit Certificate).

The question many ask is: which bank yields the most in the CDI? The answer is not unique, as different institutions offer varying rates, some reaching 113% of the reference rate. Although this difference is small in percentage terms, it accumulates significant gains over the months.

Why the CDI Outperforms Savings

Returns linked to the CDI work differently from traditional savings. While savings yield according to a fixed formula only on deposit anniversaries (on deposit birthdays), CDI investments are adjusted daily and reflect the real dynamics of the interbank market.

In practical terms, a digital account offering 100% of the CDI generates approximately 10.40% per year — compared to the 7.41% of savings, the accumulated difference is significant. For those who invest R$ 1,000, the difference between savings and CDI can exceed R$ 200 in two years.

Major Digital Banks and Their Yields

Leadership in Profitability

Neon stands out by offering progressive returns: starting at 100% of the CDI and rising to 113% after six months of permanence. The maximum yield is reached after two years, encouraging the maintenance of capital on the platform.

99Pay is also among the best, with up to 110% of the CDI for balances up to R$ 5,000, daily (including weekends and holidays), plus cashback on rides and recharges.

Solid and Established Options

Nubank, the largest digital bank in the country, offers 100% of the CDI through its payment account, where the money is invested in Federal Public Securities and yields on all business days after 31 days from the deposit.

Mercado Pago guarantees a minimum of 100% of the CDI for any user, increasing to 105% of the CDI when linked to the Meli+ subscription with a monthly deposit starting at R$ 1,000.

PicPay offers up to 102% of the CDI with a unique approach: organization into thematic “Piggy Banks.” A simulator on the website shows that R$ 1,000 in 24 months yields R$ 204.12 versus R$ 129.29 in savings.

Banking Alternatives

PagBank (PagSeguro’s platform) presents its “Rendeira Account” with 100% of the CDI for balances held for 30 days.

Iti (Itaú’s digital bank) offers 100% of the CDI from the first business day in the “My Goals” feature, allowing users to organize savings by objectives.

Banco PAN starts with 10% of the CDI in the first 30 days, progressing to 100% of the CDI afterward, with a minimum balance of R$ 30.

Understanding the CDI

The CDI represents the average interest rate of short-term interbank loans, serving as a benchmark for CDBs, LCIs, and investment funds. Unlike savings (which follows 70% of the Selic plus TR), the CDI reflects market reality with daily adjustments.

When a product yields above 100% of the CDI, it potentially surpasses savings, especially in scenarios of high Selic rates.

Which Bank Yields More in the CDI: Decision Factors

Beyond the percentage of the CDI, other elements matter:

• Liquidity: All analyzed accounts allow immediate withdrawal
• Additional benefits: Some banks offer cashback, goal organization, or piggy banks
• Permanence requirements: Some penalize early redemption before 30 days
• Features: Planning tools and categorization of savings add value

Final Recommendation

In 2024, focusing savings on traditional savings accounts no longer makes financial sense. Digital accounts with CDI yields offer higher profitability, flexibility, and often features that better support personal financial management.

For those wondering which bank yields the most in the CDI, the answer depends on the profile: investors who leave capital idle for long periods benefit from Neon (113%) or 99Pay (110%). Those valuing institutional stability with good returns find solid options in Nubank or Mercado Pago.

The ideal choice aligns better yield with features that meet your specific needs for organization and financial planning.