How much do R$ 10,000 earn in Savings and in CDBs?

Last Wednesday (4), the Monetary Policy Committee (Copom) of the Central Bank (BC) chose to increase the Selic to 12.75% per year. In short, this is the highest level in more than 5 years, and this is good news for those who invest in fixed income.

This is said, because investors can return to having a gross return of about 1% per month, without deducting taxes and income tax, nor considering the effects of inflation. Given this, we will show you below, how much R$ 10 thousand earn in savings, compared to the CDB.

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Selic at 12.75%: how much does R$ 10 thousand earn in Savings and in CDBs?

In short, many people prefer to invest in savings, given that it is exempt from Income Tax, and because, theoretically, there is no risk. However, it is important to note that the money in a savings account carries the same risk as the CDB. That is, the credit risk – chance of default – of the bank in which they were made.

The Income Tax exemption is a savings benefit. However, because of its remuneration format, it is necessary to study whether the profitability is really worth it. This is said, because a deposit of R$ 10 thousand in savings, yielding for one year, would yield R$ 784 in one year. In other words, the investor would redeem R$ 10,784.

With the Selic at 12.75%, the yield is 0.13% per month and 7.84% per year. Meanwhile, a CDB with a return of 100% of the CDI yields around 10.52% per year. The result is already net of Income Tax, at the rate of 17.5%, which is applied on money that is invested for at least 360 days.

Thus, the same R$10,000 in the CDB yields R$1,052 after one year. That is, at the end of the year, the investor would redeem R$ 11,052. And best of all, if the investor finds a CDB with a return of 120% of the CDI, the net return can reach 12.62% per year. And so, after a year, the investor would withdraw R$ 11,262.

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Image: MEE KO DONG /

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