Choose the best digital bank in Brazil for you, with our survey of fees, services and advantages
Nubank, Next, Neon, Inter, Original. You must know at least one of these digital banks. This is because these institutions, also called fintechs (term that links the words financial and technology), are increasingly popular in the Brazil. But what best digital bank for you to open your account?
O Showmetech surveyed the services, rates, tariffs and advantages of 100% digital banks that operate in the country so that you can assess which one fits best your need and what you want to do with your money.
What is a digital bank?
"Like a bank, only without branches". This is the slogan of Neon Bench, created by startup Controly in 2015, which briefly explains the concept. a digital bank it is a virtual financial institution, 100% online, which does not offer face-to-face service. Everything related to the client's account, from opening to clarifying doubts, resolved by the bank's website and / or app.
The proposal to operate in this way to guarantee low tariffs (or no tariffs) and offer more agility and less bureaucracy in operations. The main services offered by a digital bank are:
- Credit card without annual fee
- Current account without fees
- Partnerships
- Loans
- Investments
- Insurance
Another important factor is security. Accounts in digital banks they are usually safer, because institutions invest more in systems to prevent scams and other types of attacks. There are also digital banks for specific purposes. the case, for example, of the bank Sofisa Direct, than an investment bank.
In the survey of Showmetch you check the details of fintechs operating in Brazil to assess what the best digital bank to you.
How does a digital account work?
To open a digital account, it is necessary to contact the bank and place an order to open an account. Depending on the institution, this can be done both on the website and in the application. The interested party needs to inform their data, send a photo of themselves and some scanned documents, such as ID and proof of address.
This process can take hours or a few days, depending on the institution. Once opened, all financial transactions in the account will be done virtually.
Check out the 100% digital banks that exist in Brazil:
Agibank Bank
Who ? | Created as Agiplan in 1999, in Rio Grande do Sul, the Agibank Bankspecialized in payroll loans in 2010, and in 2011 received authorization from central bank to set up your financial. As of 2013, it started offering a current account and credit card with the flag MasterCard. |
Do you have accounts for Individuals and / or Legal Entities? | Yes the Bank Agibank has accounts for individuals and companies. |
Account fee | None. |
Credit card annuity? Do you have additional costs and fees? | If the customer requests the credit card through the application, do not pay an annual fee in the first year. Then a fee of R $ 5 per month is charged. If the user brings his salary to the Bank Agibank, the credit card remains exempt from annual fees. |
Mileage Program or Advantages? | It does not have this type of program, but the customer can participate in the points program of the MasterCard. |
TED cost | The first four month TED transfers are free. Then there is a fee of R $ 1.90 per transfer. J transfers between bank accounts Bank Agibank have no fare. |
Withdrawal cost | You can withdraw through Banco 24Horas, Saque e Pague and lottery shops. The first four month withdrawals are free. Then there is a fee of R $ 6.49 per withdrawal. |
QR Code Purchases and Transfers | To make payments by QR Code, the user needs to select the Agibank Pay, embedded in the bank's app. The feature also works on machines from Cielo. |
Money deposit by boleto | The user can generate up to four tickets per month. |
Image check deposit | It does not have this feature. |
Benefits | Credit card transfer and annuity fees are lower than those of competing digital banks. |
Do you have an investment platform? | Yes the Bank Agibank offers investment options without fees and the user can track the earnings in the app. |
How does bill payments work? | To dust "Pay”Of the application offers five options: person, group, Agipag, boleto and TED. In the case of boleto, the user can scan the barcode with the cell phone camera, in the app itself, or enter the code manually. |
Do you offer insurance? | Yes the Agibank Bank offers three insurance options: residential, vehicle and life. |
Do you offer loans? | Yes the Agibank Bank offers three loan options: payroll, personal and advance payment of 13. |
Do you have online support? | Yes. The customer can contact the Bank Agibank by phone and chat. |
How to register with the bank and download the app | Access the website and / or download the app (Android and iOS). |
Bank C6 Bank
Who ? | O C6 Bank was founded by former members of BTG Bank and the headquarters of the institution is in So Paulo, also having an office in New York, where a system for loans and fraud detection is developed together with the Massachusetts Institute of Technology (MIT). |
Do you have accounts for Individuals and / or Legal Entities? | Yes the Bank C6 Bank has accounts for Individuals and Legal Entities – in this case, for Individual Microentrepreneurs (MEIs). |
Account fee | None. |
Credit card annuity? Do you have additional costs and fees? | He doesn't. |
Mileage Program or Advantages? | Yes, the Tomes Program. a program of points that do not expire and the customer can redeem on products, services and air tickets. The program embedded in the app. |
TED cost | He doesn't. |
Withdrawal cost | He doesn't. |
QR Code Purchases and Transfers | It does not have this feature. |
Money deposit by boleto | The user can generate up to 100 boletos per month. The service is available in the app for checking account and payment account. |
Image check deposit | It does not have this feature. |
Benefits | The C6 Taggy, an automated payment system for toll plazas, similar to the Nonstop. |
Do you have an investment platform? | Yes, the customer who has the debit and credit card Bank C6 Bank You can invest in CDBs (which yield more than savings) with daily liquidity or terms of up to three years. The bank also offers an investment fund platform. |
How does bill payments work? | The user can pay slips and make transfers directly in the application. |
Do you offer insurance? | At the. |
Do you offer loans? | No, the Bank C6 Bank offers only the Account Limit, which functions as the overdraft. |
Do you have online support? | Yes. The customer can contact the Bank C6 Bank by phone, email and chat from the app. |
How to register with the bank and download the app | Access the website and / or download the app (Android and iOS) |
Banco Inter
Who ? | O Banco Inter was created in 1994, in Minas Gerais. At the time, I called Banco Intermedium. In 2014, it launched its digital account, becoming the first 100% digital Brazilian bank, and currently manages more than 230 thousand accounts. |
Do you have accounts for Individuals and / or Legal Entities? | Yes. Both the Individual and Legal account are exempt from taxes and fees. |
Account fee | None. |
Credit card annuity? Do you have additional costs and fees? | There is no annual fee or additional costs and fees. |
Mileage Program or Advantages? | O Banco Inter itself does not offer a mileage system or a loyalty program. But the customer can use the card's point system: the Program MasterCard Supreprehend. |
TED cost | He doesn't. |
Withdrawal cost | He doesn't. |
QR Code Purchases and Transfers | Account holders can use this feature through the Interpag, without tariffs. |
Money deposit by boleto | It can be done through Internet Banking or the app. The service does not charge a fee. |
Image check deposit | In the first use, the user must accept the Check Adhesion Term in Internet Banking. Then, just choose the option “Deposit by image” in the app. Check clearing takes up to two days. |
Benefits | O Banco Inter the only digital bank 100% free and with an account integrated Bitcoin. This allows the user to make transactions in the account directly with digital currencies. |
Do you have an investment platform? | Yes, called Plataforma Inter (PAI). On the platform, which is integrated with the app, the user can invest in Fixed Income products, Investment Funds, Private Pension Plans, Variable Income and Public Offers. |
How does bill payments work? | The user can pay bills via Internet Banking and the application. Just click on the "Payments" option in the menu and read the boleto's barcode with your cell phone camera or enter the code numbers manually. |
Do you offer insurance? | Yes the Banco Inter offers eight types of insurance for Individuals and five types for Legal. For Individuals, only: car, residential, quiet residence assistance, quiet family assistance, financial protection, card loss and theft, dental plan and auto insurance against third parties. For Legal: group life, business, guarantees, engineering risk and business health. |
Do you offer loans? | Yes the Banco Inter offers public and private payroll loan and credit with property guarantee (paid or financed). |
Do you have online support? | Yes the Banco Inter has 24-hour online service by phone and chat in the app. |
How to register with the bank and download the app | Access the website and / or download the app (Android and iOS). |
Original Bank
Who ? | O Original Bank controlled by the holding J&F, having been created in March 2011 with the merger of the banks JBS and Matone. Initially the bank was focused on agribusiness and retail operations, however it expanded its operations to serve corporate accounts from 2013. |
Do you have accounts for Individuals and / or Legal Entities? | Yes, both Individuals and Legal Entities can open an account with this bank. |
Account fee | In the first year, the customer pays a monthly fee of R $ 12.90. Thereafter, rates vary according to the plan the customer chooses. |
Credit card annuity? Do you have additional costs and fees? | The card Original International has no annual fee. J the others – Gold, Platinum and Black – have a tariff according to the plan. |
Mileage Program or Advantages? | Yes, the program is called Cashback Original. In it, part of the debit and credit purchases saw points that the customer redeems in credits on the invoice or in the current account. |
TED cost | He doesn't. |
Withdrawal cost | He doesn't. |
QR Code Purchases and Transfers | The app Original Bank offers this feature, but I need to enable it, choosing the option “pay with QR Code” and informing CPF and password. Then, just scan the code with the cell phone camera in the application itself. |
Money deposit by boleto | To deposit money in the digital account, the user needs to access the app, select the "deposits" tab and fill in the data to generate a boleto. Then, the customer can make the payment at any bank or correspondent bank. |
Image check deposit | The user must use the app, selecting the image check deposit service. |
Benefits | O Original Bank it offers an overdraft limit with a lower interest rate than the “traditional” banks and without a fee on the availability of the limit. |
Do you have an investment platform? | Yes the Original Bank offers investments for fixed income and investment funds. |
How does bill payment work? | The customer can register accounts in automatic debit in the app. Registration and service are free. |
Do you offer insurance? | Yes the Original Bank offers insurance with online contracting. They are: car, home and family. |
Do you offer loans? | Yes, two types: overdraft (with limit available, without tariff and with limited interest) and personal credit (24 hours a day and the money goes into the checking account instantly). The user can perform simulations and contracts in the application. |
Do you have online support? | There is no online service, but the customer can contact by phone. 24h service. |
How to register with the bank and download the app | Access the website or download the app (Android and iOS). |
Neon Bench
Who ? | Created in 2015 by Controly, an startup of prepaid credit cards, the bank launched a digital account the following year. Since then, the Bank Neon has undergone several changes. After a decree of the central bankin 2017, the Banco Neon S.A closed its operations, which affected the fintech Neon Payments. Then the Banco Votorantim signed a partnership with fintech so that it could work again. Currently, the Bank Neon regularized the services and works with 100% of its capacity. |
Do you have accounts for Individuals and / or Legal Entities? | Yes the Neon Bench has accounts for Individuals and Legal Entities – this is called “Neon Pejota“. |
Account fee | He doesn't. |
Credit card annuity? Do you have additional costs and fees? | There is no annual fee or additional costs and fees. |
Mileage Program or Advantages? | He doesn't. |
TED cost | He doesn't. |
Withdrawal cost | O Neon Bench offers up to four free withdrawals per month. Then a fee of R $ 6.90 per withdrawal is charged. However, the customer is entitled to three free withdrawals for every ten purchases made with the card. The app has a counter for the user to follow and organize. |
QR Code Purchases and Transfers | It is only possible to make payments by QR Code, through the Google Pay app. The user must download the app (Android and iOS) and register the card Neon Bench to use the feature. |
Money deposit by boleto | The user can generate slips through the app to make deposits in his account. In the application, the customer must select the area "Depsitos" and then "Depsito via boleto". The minimum amount to generate a bank slip of R $ 5. |
Image check deposit | It does not offer this feature. |
Benefits | There is only one fee: R $ 6.90 on each withdrawal. |
Do you have an investment platform? | Yes, called “CDB Neon“, incorporated in the app itself. The investment yields from 95% of the CDI (15% above savings) and the user can invest from R $ 10. In the "Objective" part, the customer can define daily or monthly installments to achieve the amount he wants. The app helps to calculate and simulate the income, besides offering tools to track the investment. The user can make the Free Investment, without scheduled installments, and redeem the money at any time. The investments are Bank Deposit Certificates (CDB) of the Banco Votorantim. |
How does bill payments work? | Payments and transfers are made in the application. O Neon Bench offers two cards: physical and virtual. The physical is used for transactions in physical commercial establishments and the virtual (available in the "Cartes" area of the app) is used for subscription to digital services and online shopping. |
Do you offer insurance? | It does not offer this feature. |
Do you offer loans? | Yes. In the app, the user can do personal loan simulations and evaluate the rates. The rates start at 2.65%, according to the analysis of each client and the term chosen. The loan application can be made in the app and the money from the accepted proposals falls into the account in up to a business day. |
Do you have online support? | Yes. The service is available 24 hours a day and can be done by email (email protected) |
How to register with the bank and download the app | Access the website and / or download the app (Android and iOS) |
Next Bank
Who ? | O Next Bank arose from an initiative of a traditional bank, the Bradesco, to compete with other digital banks that were emerging in the universe of fintechs. O Bank Next works since June 2017. |
Do you have accounts for Individuals and / or Legal Entities? | Only for Individuals. |
Account fee | He doesn't. |
Credit card annuity? Do you have additional costs and fees? | There is no annual fee or additional costs and fees. |
Mileage Program or Advantages? | The user can accumulate points with Visa Platinum Next. For R $ 40.83, the customer is part of a loyalty program and earns points Livelo, in addition to having access to the benefits and advantages of Visa Flag. |
TED cost | He doesn't. |
Withdrawal cost | He doesn't. |
QR Code Purchases and Transfers | It is possible to pay by QR Code using the cell phone on the machines Cielo. To use the feature, just choose the option “Pay with QR Code” in the application. The customer can also request for an international credit card that does not have an annual fee. |
Money deposit by boleto | O Next Bank does not offer this feature. The user can make deposits on his account at Next Bank at Bradesco ATMs. |
Image check deposit | The user can make check deposits to his account at Next Bank at Bradesco ATMs. |
Benefits | Offers exclusive discounts on other apps, franchises and stores. The “treats” go for free racing in the Uber at vouchers no iFood. |
Do you have an investment platform? | Yes the Bank Next it offers three options for investing: CDB (fixed income that invests money in bonds issued by banks); Allocation (three funds, each with its own level of risk, which yield every day and invest the money in different markets); and Ibov (fund that follows the Ibovespa index, with daily income). |
How does bill payments work? | Payment of bills and bills are made in the application, but does not provide automatic debit. |
Do you offer insurance? | THE Bradesco Seguros offers dental plan to account holders in Next, covering periodontics and endodontics. Insurance is available in the “Protection” area of the application. |
Do you offer loans? | Yes the Next offers personal loan and overdraft. |
Do you have online support? | Yes. The customer can contact the Next through the website, by email and Whatsapp. |
How to register with the bank and download the app | Access the website and / or download the app (Android and iOS). |
Nubank Bank
Who ? | THE fintech created in 2013, it was popular with Brazilians because it is one of the first to offer a credit card with no annual fee and 100% digital. At the end of 2017, it launched NuConta, which in many cases replaces a “traditional” bank account. |
Do you have accounts for Individuals and / or Legal Entities? | Yes, you have an account for Individuals and are testing for Legal Entities. |
Account fee | He doesn't. |
Credit card annuity? Do you have additional costs and fees? | There is no annual fee or additional costs and fees. |
Mileage Program or Advantages? | Yes the Nubank Rewards. Each R $ 1 spent equals 1 accumulated point. The points never expire and can be used to eliminate expenses with restaurants, airline tickets, accommodation and also with a series of partner services such as Amaro, Uber, Netflix, iFood, Hotel Urbano and Dafiti. |
TED cost | He doesn't. |
Withdrawal cost | A fee of R $ 6.50 is charged for each withdrawal. |
QR Code Purchases and Transfers | Digital account customers Bank Nubank have a QR code that can be used to make transfers to other bank customers. |
Money Deposit by Boleto | The user can generate a payment slip in the app to deposit in the account. |
Image check deposit | It does not have this function. |
Benefits | single withdrawal fee and the money that goes into the account Bank Nubank yields useful every day at 100% of the CDI (Interbank Deposit Certificate). |
Do you have an investment platform? | It does not have this feature. |
How does bill payments work? | Just access the app, and choose the options "pay" and then "pay boleto". It is possible to make the payment by scanning the bank code of the boleto with the cell phone camera (in the app itself) or manually entering the code. |
Do you offer insurance? | It does not have this feature. |
Do you offer loans? | Yes, but it is still in the testing phase. In the app, the user can do a simulation in real time, putting the amount he needs and choosing the number of installments. Then, the application shows the interest and the total and monthly amount that the customer will pay. Hiring and payment of the loan installments are also carried out in the app. |
Do you have online support? | Yes and 24 hours. The customer can contact us by email, phone or chat, which is available within the app. |
How to register with the bank and download the app | Access the website and / or download the app (Android and iOS). |
Do you already use a digital bank? Tell us about your experience with digital banks, below in the comments!