When we talk about saving money, many people think about Savings. However, with the ease of investing, currently this may not be the best way. However, Savings is still a safe way to save and invest money. After all, it is the oldest type of investment in Brazil, and therefore has a lot of credibility and security. It is no coincidence that more than 70% of Brazilians use this modality. So, do you want to know how much 200,000 is earned in Savings? So, read on!

To obtain income from Savings, it is necessary to make a deposit and keep it for at least 30 days. Interest only accrues when these 30 days are completed. Savings accounts exist in any bank and are very easy to open. Especially if you are already an account holder. 

If you are not yet an account holder, opening an account is very simple. Just go to any bank with a photo document, CPF and proof of residence. Having a savings account does not require the customer to be registered with the bank, but some banks ask for a minimum deposit at the beginning.

In addition, this account also offers a debit card to carry out transactions. In some institutions, it is still possible to make transactions directly through the application.

Another guarantee of Savings is the Credit Guarantee Fund, the FGC. This fund guarantees that in the event of a bank failure, all those who have deposited money can receive up to R$250 thousand back.

But what is the yield on savings? Check out this information below.

Savings is a fixed investment modality. That is, its yield value does not change. This may or may not be an advantage. It depends a lot on your goals.

Currently, Savings yields 70% of the Selic rate, which may vary. 

The yield is calculated together with the Referential Rate. Selic is currently high. That's why we see many banks announcing that they yield even more than this rate.

And this has become a safe alternative to Savings: investing in banks that yield more than 100% of Selic.

However, the Referential Rate is zero. And it is also important to point out that no matter how much the Selic rises, the savings account does not yield more than 6%. 

After all, how much is 200 thousand in savings? See the answer below.

To find out how much you earn 200,000 in Savings in 2021, you need to analyze the rates and exemption from income tax. Let's assume that the value revolves around 5%. To know how much it will yield, just multiply the amount to be applied by the percentage. That is, with 200 thousand applied, you can obtain an income of up to 10 thousand reais! Or even more, because here we only made an assumption with the rates. 

Incredible as it may seem to many, savings have the worst profitability on the market. Mainly because it has a fixed rate, which does not change and does not exceed 6%. Despite being a sure income, it cannot always bear much fruit. So, get to know some more types of investment:

This form of investment is through the “Certificate of Bank Deposit”. They are like a loan that the financial institution makes with its client, in exchange for remuneration. A benefit in relation to Savings is that the CDB yields daily and not monthly. 

The CDB or CDI are also a safe form of investment. This is because they also have the Guarantee Fund that we mentioned earlier, the FGC. And there are still banks that offer a yield of 100% CDI, the Interfinancial Deposit Certificate.

This modality is very similar to CBD. The only difference is that it is related to real estate (LCI) or agribusiness (LCA) investments. Therefore, the bank that performs the LCI and LCA must have projects in this area.

Like Savings, this type of investment is free of Income Tax for individuals. So a big draw.

Now that you've learned about two more forms of investment, it's time to decide which one is best for you. So plan and invest! As well as take the time to read our recommended content.