check out bank options to make your money work

For the tenth time in a row, the Monetary Policy Committee (Copom) of the Central Bank raised the basic interest rate (Selic), rising from 11.75% to 12.75% per year.

The Selic rate is the Central Bank’s main tool to control inflation and directly impacts the population’s consumption of credit. Thus, the rise in the basic rate brings good investment opportunities, because the higher it is, the higher the returns.

This is because, in other times, the simplest way to make money yield was through the savings account. Now, with the emergence of fintechs, it is possible to guarantee a good income just by depositing the amount in the digital account.

Therefore, we have separated for you some bank options to invest taking advantage of the high Selic rate. Check it out below!

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How much does a thousand reais earn in the Nubank account with Selic at 12.75%?

Banks to invest during the Selic rise

In addition to fintechs showing a good percentage of profitability, we also have large companies like Caixa Econômica Federal on the list of best institutions to save your money during the Selic rise.


At the moment, the digital wallet offers the highest percentage of yield on the market with 105% of the CDI for up to R$ 100 thousand deposited in the account. In other words, it is above the CDI rate at the moment, which is 11.65% per year.

Thus, offering 5% more, you get a gross annual return of 12.23%. Per month, the digital account guarantees 1.01% of the income.

In this sense, if you save BRL 1,000.00 on PicPay, you will have a gross return of BRL 122.30 after 12 months.


Nubank has a return of 100% of the CDI. That is, 11.65% per year and 0.97% per month. Soif you save BRL 1,000.00 in Nubank, the gross income will be BRL 116.50 after one year.

However, other digital accounts yield the same as the purple one. Among them are:

  • C6 Bank
  • PagBank
  • Mercado Pago
  • it
  • digit
  • 99 Pay

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Caixa Tem is also a great opportunity to take advantage of the rise in the Selic rate. Thus, Caixa’s digital savings application also offers a return of 100% of the CDI.

99 Pay

99Pay works with a different proposal. The digital account offers a yield of 220% of the CDI, however the amount is limited to R$ 500. Beyond that, the profitability drops to 100% of the CDI.

Therefore, it is worth mentioning that there is an Income Tax rate that is levied on the income of all digital accounts, including Caixa Tem.

For example, if you keep the money for up to six months, the discount will be 22.5% on the earned income. However, if you leave the amount in the account for more than one year, the discount is 17.5% on the income.

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