Yield Calculator
Compare the profit from Savings against digital CDI accounts.
Is it worth leaving the Savings Account?
The short answer is: yes. The savings account is one of the worst fixed-income investments available today. In Brazil, the return on savings is set by law at 0.5% per month (6% per year) plus the variation of the TR (Referential Rate), when the Selic rate (Brazil's basic interest rate) is above 8.5%.
What is the CDI?
The CDI (Interbank Deposit Certificate) is a rate that moves \"closely\" with the official Selic Rate. Nowadays, many digital banks and CDBs offer returns of 100%, 105%, or even 110% of the CDI with daily liquidity.
And the Income Tax?
Many people advocate for savings accounts, saying that they \"have no tax.\" It's true, savings accounts are exempt. However, **even paying the highest Income Tax rate** on CDI earnings (22.5% if you withdraw the money before 6 months), the final amount in your pocket will still be significantly higher than that of a savings account! Our tool above already does all the fine-tuning deduction so you can be sure of the net amount you will receive in your account.