Have you noticed how different financial institutions, such as banks and fintechs, are competing for your attention as a customer? Because you are the one with the advantage, as they are increasingly offering excellent services to retain customers and attract new people. But one of them that is quite popular is the digital account.

So it is! This type of banking service is very popular, mainly because nowadays most people are looking for practicality and agility when taking care of their money, right?

Thus, acquiring a digital account can make your life more practical if we compare it to a traditional bank account service. But if you are curious and want to know more about this digital service, don't worry! 

Because here in this post we have gathered everything you need to know about the digital account, so you can decide what you think of this service and if you want one to call yours. So, be sure to read and stay with us!

Let's go?

Basically, the name already says a lot about this banking service. Because the digital account is nothing more than a digitized bank account. But the difference is in the way this type of account is requested and operated, which is generally present in fintechs and digital banks, and not in traditional banks.

Thus, the digital account is the opposite of traditional bank accounts, which could charge high administrative and service fees. In addition, customers often ended up becoming dependent on physical branches and bank decisions, increasing the bureaucracy of managing their bank account.

But it wasn't just that! Because with a traditional bank account, the process of requesting and opening the account was very time consuming, and all in person. Furthermore, people who did not fit into the traditional banking system felt excluded.

However, with the arrival of fintechs and the modality of digital banks, the need for a digital perspective has grown to streamline and democratize banking services.

So, the digital account arrived with everything as a service that you can request completely online, without big bureaucracies and contracts. In general, a digital account can be created in a matter of minutes, and you still get benefits such as credit cards, benefit programs and apps for direct management of your account.

But we will explain better the benefits of having a digital account, next. So keep reading and check it out below!

As we said, the digital account already has a huge advantage simply by being digital. That is, both your request and its management and closure, everything takes place completely online.

But of course the advantages do not end there. Because a digital account facilitates access to banking services, as anyone can open an account directly through the application of the financial institution in question.

Thus, those who already enjoy being practical in organizing their finances will love the agility and ease that a digital account will bring. Because even customer service, disputes and other problems can be easily resolved directly in the app or on the financial institution's digital platform.

Very practical, isn't it?

But to make it even easier for you to understand, these are the main advantages of having a digital account:

So, did you just see how many exclusive advantages you have access to when opening your digital account? But we know that there may be features that, for some people, will be seen as disadvantages. So, we've gathered some of them below, check it out!

Because having a digital account is an excellent option for those looking for agility and other benefits. However, there are some restrictions and features of digital accounts that may displease some people. 

Thus, it should be noted that a digital account will basically provide you with interaction with the bank through applications and the website. So, for those who still like the traditional physical agencies, and want to have the option of talking in person when they need it, the digital account can be disadvantageous.

In addition, another negative point is the fact that digital accounts do not also offer physical branches for you to withdraw money. That is, you will need to go to ATMs that partner with the financial institution, and in general there are fees for withdrawing from this type of ATM 24 hours a day.

But there is also the point that there is no overdraft and no checkbook associated with a digital account. However, this can even be a positive feature, depending on your profile, so think about all of this before opening a digital account, ok?

To open a digital account in your name is very easy! Because, as we said, the whole process takes place completely online and in a very short time you are the owner of your new account.

But you also need to understand the purpose of your digital account, since currently we already have options for individuals, legal entities, specific for who is MEI, etc. So, first you should research well which digital account is most favorable to you.

Thus, the official procedure for opening a digital account may vary depending on the financial institution you are choosing. However, in general you will need:

But everything will vary depending on where you choose to apply for your digital account. So, do your research and find out which is the best financial institution to start your experience with fully digital accounts.

So, to help you, we've gathered the main ones below!

To identify which is the best digital bank for you, it is very important to take into account the following factors:

So, don't forget to check this information when choosing where to open your account. But if it seems like something complex, don't worry anymore. Because here we list the 10 best digital banks for those interested in opening their first digital account. 

So, if you are already sure that you are going to open yours, how about checking the list of banks that we have selected for you?

Because C6 Bank is a digital bank that came to revolutionize the offer of practical and digital financial services to its customers. Thus, they have a wide range of digital account options. 

In addition, the customer can also choose between exclusive digital account modalities for Individual Microentrepreneur (MEI), international accounts with dollar balance, etc. But all this without charging additional fees! Pretty cool, isn't it?

So, C6 Bank can be an interesting option for those looking for a variety of services, including a free toll tag for their customers and an exclusive program for accumulating and exchanging points.

This fintech is among the most famous for its exclusive digital account, NuConta. Thus, it was one of the pioneers in offering a simple and highly intuitive digital platform in the Brazilian market for customers to manage their values and financial transactions.

But now Nubank has innovated even more by offering a specific digital account service for legal entities, with the option of charging and issuing bank slips. And you can even order a unique debit card with a personalized name for your business account.

Furthermore, its main financial product – the Nubank Mastercard credit card – is also available for request along with NuConta. And the entire amount of your balance on the individual's digital account is automatically yielding 100% of the CDI. Pretty cool huh?

Thus, you can accumulate points with Nubank Rewards, while tracking your card expenses and your digital account statement, all in one application! However, there is a fee for making withdrawals on the Banco24Horas network, so keep that in mind before making a decision.

Neon came up with the idea of making life easier for its customers. Thus, as a fintech partner of Banco Votorantim, it began to issue credit, debit and prepaid cards in association with an exclusive digital account.

Furthermore, the Neon account does not charge any fees! So, you can enjoy all the benefits of the account through an exclusive app, with an area for investments.

But the benefits are not over! Because Neon still offers a limit of three free ATM withdrawals per month.

You may not know it yet, but Banco Original offers a wide range of digital services for companies and individuals. And the digital account is one of these services.

Thus, you can open your account for free through the app or through the website, although there are some fees for banking services and transfers. So keep an eye out and compare before you decide.

But the advantages are still good, such as free withdrawals and withdrawal mode through a QR Code. In addition, there is the proximity payment technology with the Original card that comes with the account.

Next is a fintech that was born as an arm of Banco Bradesco, and therefore has a lot of solidity and security for its customers. But unlike traditional banking, Next focuses only on free digital services. And the Next account is one of those services.

Thus, you have access to a fully digital account, without paying fees and with unlimited withdrawals at the ATMs of the Banco24Horas network. Pretty cool, isn't it?

In addition, it still has the differential of offering services like those of traditional banks: loans, anticipation of the 13th salary, personal credit in installments and a good program of benefits to customers.

PagBank emerged as an arm of PagSeguro's credit and debit payment machines. But it also offers this service as a fee-free digital account that can be easily managed through the PagSeguro platform.

In addition, you can also count on interesting banking services, such as:

But it's not over! Because customers who also act as sellers and earn more than 50 thousand reais in the month will be able to make unlimited free withdrawals.

N26 is a digital bank of German origin, which received authorization to start its activities in Brazilian territory in 2021. Thus, its activities are still starting, but it already promises to offer:

So, it might be interesting to join the list of potential clients of this new bank, right? 

One more on the list of recent digital banks in the Brazilian market, Agibank seeks to differentiate itself from the others as more exclusive. Thus, the request for a digital account is only approved through a prior analysis.

In addition, there are charges for some fees for basic services, in addition to also charging for bank transfers. However, Agibank offers good loan options, investment portfolio and payment option by QR Code, in addition to also having physical branches for service.

This type of digital account emerged from the online sales platform Mercado Livre. Thus, the payment platform also acts as a digital bank, offering a good option in terms of a digital wallet for moving values.

In addition, customers have the option of requesting an international credit card from Mercado Pago, in addition to withdrawing funds from the Banco24Horas network and creating an investment portfolio.

Banco Inter was one more that innovated in the Brazilian financial market as a pioneer in the concept of digital banking. Thus, you can open your digital account with Inter with total exemption of fees for opening and for basic services and bank transfers.

In addition, it is possible to apply for the Inter credit card, free of annual fees and with an exclusive cashback program. In addition, you will be able to make free withdrawals on the Banco24Horas network, and will have an investment and loan area in Inter's exclusive application.