With Banese Savings, you can grow your money safely and withdraw it at any time. Savings are classified as a fixed-income investment, easy, practical, and accessible to everyone.
The profitability of savings accounts is linked to the Selic rate, the basic interest rate of the Brazilian economy. When the Selic rate is equal to or below 8.5% per annum, the funds invested in savings accounts yield 70% of the Selic rate. In other words, if the Selic rate is 8% per annum, your savings will yield 5.60% per month. If the Selic rate is above 8.5%, the return on savings becomes 0.5% on the deposited amount plus the Reference Rate – TR, which has remained close to zero since 2027.
Deposits related to the interest earned on the savings account always occur on the first business day after the account’s anniversary date.
If you are already a Banese account holder, request at your branch the migration of your checking account to a Multiconta – Checking and Savings Account. The savings account number will be the same as your checking account number.
If you are not yet a Banese account holder, visit the nearest branch and bring the following documents: identity document, CPF (Brazilian tax identification number), and proof of address.
Advantages
- Several birthday dates;
- The invested amount becomes available for automatic withdrawals whenever the customer wishes;
- Exemption from IOF – Tax on Financial Transactions;
- Income Tax Exemption for Personal Accounts;
- Possibility of a reduction in the overdraft interest rate and bonuses for a package of fees, which may even reach exemption;
- No obligation for monthly deposits;
- Balance and statement inquiries through the Banese network.
