What is the best digital bank for CDB and which one yields the most?

After all, what is the best digital bank for CDB and how to start investing?

What is the best digital bank for CDB?

If you are interested in this investment, you know how important it is to look for a safe and consolidated financial institution in the market.

In recent years, digital banks have become the preferred choice among Brazilians, as they offer practically the same features as traditional banks, but charge fewer fees.

For this reason, many people want to start investing in fixed income through one of these banks.

With that in mind, in today’s article, we’re going to talk more about some of these institutions and how investing in CDB works!

Read on to find out more.

What is CBD?

First of all, it is important that you know exactly what a CDB is.

CDB (Bank Deposit Certificate) is a fixed income investment available at most banks.

It is a type of security issued by financial institutions to raise funds to finance their activities.

In other words, when investing in a CDB, you are lending your money to the bank, in exchange for remuneration.

Typically, CDBs issued by smaller financial institutions tend to offer more attractive rates of return.

What CDB titles are available?

The CDB is an investment that is highly sought after by investors, as it is an accessible investment that is protected by the Credit Guarantee Fund (FGC).

However, before making any investment, it is important that you know how each of these options works, as they define how and how much your money will yield until the maturity date.

Below, check out the types of CDB titles available on the market:

Post-fixed securities

Post-fixed bonds are the most common type of CDB.

They remunerate the investor by following the performance of an index, such as the CDI (Interbank Deposit Certificate).

In other words, the issuer pays a percentage of the reference index used, such as 110% of the CDI.

The percentage is applied daily, making the remuneration also daily.

Therefore, under these conditions, the profitability will only be known on the maturity date (end of the security's term).

Prefixed titles

In this case, the profitability is known at the time of application.

This way, when investing in a fixed-rate security, you know exactly how much you will receive on the maturity date.

This means that regardless of market fluctuations, you will receive what was agreed upon at the time of purchase of the security.

Hybrid securities

Hybrid CBD is not so common on the market.

The profitability of this security is defined by the sum of a fixed rate and a post-fixed rate.

Therefore, we can say that hybrid securities combine both forms of remuneration.

What is the best digital bank for CDB?

There are several digital banks that offer fixed income investments to their customers.

As you already know, it is essential to choose a serious and safe institution to start making investments.

But in relation to the best option, it is also necessary to take other factors into account, such as the available title options.

After all, it may be that a given institution, at the moment, is not offering the type of security you want to buy, such as a hybrid security.

Therefore, in addition to profitability, it is necessary to consider other factors, such as maturity date, type of security, minimum investment amount, etc.

Below, see some digital insurance that offers this type of investment:

Inter Bank

Banco Inter is one of the main digital banks in Brazil.

It is a financial institution that offers digital account opening without fees, in addition to several other resources and operations, which can be carried out entirely online.

Inter Bank also offers several investment options for its clients.

One of them is the CDB. At Banco Inter, you can start investing in CDBs from R$100.

Regarding the minimum term, it all depends on the CDB. Therefore, before purchasing a bond, check exactly what the conditions are for withdrawing the money.

In the case of a CDB with daily liquidity, you can make the withdrawal at any time, starting on the business day following the application date.

Sofisa

The Sofisa digital account is digital and has all the standard features.

In addition to the digital account, Customers can also request the Sofisa Direct card, which has debit and credit functions on the same card.

In addition to combining the advantages of both types of card, with Sofisa direct, you can move your account and even carry out international transactions.

As for the CDB, Banco Sofisa works with four options:

• CDB with daily liquidity (110% of CDI)

• Post-fixed CDB

• Prefixed CDB

• CDB IPCA

In addition to the Bank Deposit Certificate, Banco Sofisa customers can also make investments in LCI (Real Estate Credit Letter), LCA (Agribusiness Credit Letter) and investment funds.

BMG Bank

BMG Bank It is a solid and well-known institution in the market.

One of the advantages of having an account at this bank is that you can apply for a credit card with no annual fee and earn cashback.

As for fixed income investment options, BMG works with CDB, LCI and LCA.

There are several CDB options. The redemption period can be short term (up to 1 year), medium term (2 to 4 years) or long term (5 years).

The bank works with several CDB options, each with different characteristics.

To find out how much the title will yield, you can run a simulation on Banco BMG's CDB investment page!

Conclusion

What is the best digital bank for CDB?

As you can see, there are several digital banking options for you to start investing.

However, for you to make better decisions, it is very important that before you start making investments, you know exactly what your investor profile is and create an investment strategy.

Furthermore, to choose the best CDB for your portfolio, it is also necessary to analyze the characteristics of the title in question, such as profitability, minimum investment amount and redemption period!