Which Bank Offers the Highest Yield in 2024? Comparison of Digital Accounts

Why Abandon Savings Accounts?

Leaving resources idle in savings accounts means missing out on more attractive gains. Currently, savings accounts offer a return of 7.41% per year plus the Reference Rate—which has been at zero for some time. Meanwhile, an increasing number of digital institutions provide investors with accounts that automatically generate between 100% and 113% of the CDI, significantly surpassing traditional profitability.

Choosing the bank with the highest yield requires understanding the fundamental difference between these products and traditional savings accounts.

The CDI Explains Everything: The Rate That Outperforms Savings

The CDI (Interbank Deposit Certificate) represents the average interest rate between short-term interbank loans. Unlike savings accounts, which follow a fixed formula based on 70% of the Selic rate plus the Reference Rate, the current CDI updates daily, capturing more real market movements.

An account that yields 100% of the CDI generates approximately 10.40% per year in the current scenario—almost 40% more than savings. When some digital banks offer 105%, 110%, or even 113% of the CDI, the gains become even more substantial.

The 8 Banks with the Highest Yields: Detailed Analysis

Neon - The Champion with 113% of the CDI

Neon leads by offering progressive yields. It starts at 100% of the CDI and increases each semester until reaching 113% after two years of permanence. The longer the investment, the lower the discounted rate, rewarding those who keep their money invested.

99Pay - Up to 110% of the CDI on Small Balances

The digital account of 99Pay offers tiered yields: balances up to R$ 5,000 generate 110% of the CDI daily, including weekends. Above this amount, it combines 80% of the CDI with the 110% tier on the first R$ 5,000. Bonus: cashback on rides and recharges.

Mercado Pago - 105% of the CDI for Premium Subscribers

Any account generates 100% of the CDI, but those who subscribe to Meli+ (Mercado Livre’s loyalty program) and maintain a monthly balance above R$ 1,000 reach 105% of the CDI. An intermediate strategy that combines security with increased profitability.

PicPay - 102% of the CDI with Goal Organization

Offers 102% of the CDI with a unique feature: personalized “Piggy Banks” that organize savings by categories. A practical simulation: R$ 1,000 invested for 24 months generates R$ 204.12 in CDI versus only R$ 129.29 in savings—55% more profit.

Nubank - 100% of the CDI from Day One

As one of the largest digital banks, it offers 100% of the CDI in a (non-current payment account), not a savings account, which automatically invests in Federal Public Securities. Differentiator: daily yield on business days after the 31st day, not just once a month.

Pagbank - 100% of the CDI Automatically after 30 Days

Pagbank’s (PagSeguro platform) Rendimento Account automatically generates 100% of the CDI on balances held for more than 30 days. Simplicity and profitability without complexity.

Iti - 100% of the CDI from the First Business Day

Iti (Itaú digital) offers 100% of the CDI for amounts in the “My Goals” feature from the first business day. Similar to PicPay’s Piggy Banks, it allows separating financial goals with guaranteed returns.

Banco PAN - 100% of the CDI, But Tiered

Requires a minimum balance of R$ 30 and yields 10% of the CDI in the first 30 days, then 100% of the CDI thereafter. The bank with the highest yield for those seeking minimal initial investments, with no maximum balance limit.

How Much Does It Yield, in Practice?

A concrete example: R$ 10,000 left for one year in:

• Savings: R$ 10,741 (yield: R$ 741)
• 100% CDI: R$ 11,040 (yield: R$ 1,040)
• 113% CDI: R$ 11,177 (yield: R$ 1,177)

The annual difference between the best bank with the highest yield and savings exceeds R$ 430—an amount that grows exponentially over longer periods.

What Makes These Accounts Different?

Besides higher profitability, many offer:

• Daily (not monthly as savings) yields
• Financial organization features
• No maintenance fees
• Instant access to funds
• Cashback and additional benefits

Which to Choose in 2024?

The decision depends on your profile:

• Maximum profitability: Neon (113%) or 99Pay (110%)
• Long-term: Neon, which rewards permanence
• Flexibility: Nubank or Itaú Iti (100% CDI from the start)
• Small balance: 99Pay maintains 110% up to R$ 5,000

In a scenario of rising interest rates, digital accounts with banks offering higher yields provide substantially better returns than savings—emerging as a strategic choice to maximize gains without additional risk.