Picpay or Banco Inter? Find out which one is best for you

For those looking for a free digital account and want to ensure their money is secure, there are several options on the market that can help. Among them are Picpay's digital wallet and Banco Inter. 

In our article, we've gathered everything you need to know about both, making a comparison so you can be sure you're choosing the right digital account for you. 

Read this article to learn more about the Picpay wallet and Banco Inter, and ultimately find out which one is best.

• Which bank charges fewer tariffs? 👈
• Which bank offers more services? 👈
• Which bank offers a best credit card? 👈
• Which bank has the best investment options? 👈
• Which bank has the best app? 👈
• Which bank is the safer? 👈
  
• As open a Picpay account? 👈
• As open an account at Banco Inter? 👈

Who charges less fees: PicPay or Inter?

Certainly, the first important detail for anyone looking for a good digital account is to know what fees are charged for using and maintaining the digital account, in order to find out which one is really worth it.

See our comparison of Picpay and Banco Inter regarding the fees charged. 

Picpay Fees

• Account opening: free.
• Account withdrawals: R$ 6.50 per transaction.
• PIX: yes. 
• Add money with debit: 1,99% per transaction.
• Payments of bills by credit: R$ 4.99 per transaction.

Inter Rates

• Account opening: free.
• Account maintenance: free.
• Withdrawal at Banco24Horas: free.
• Issuing a bill: free.
• Transfer between Banco Inter accounts: free.
• Transfer to other banks: free.
• Card annual fee: free.

Which bank has the best fees?

Considering the relationship between the fees offered by the Picpay digital wallet and Banco Inter, it's easy to compare and see that Banco Inter is better because it doesn't charge various fees, such as withdrawals and others.

So if you want a bank with no fees, Inter wins. 

Which bank offers the best services: Picpay or Inter digital wallet?

You certainly want a digital account that offers a range of services for your daily life and helps you easily solve your needs. 

We've compiled a list of all the services offered by Picpay's digital wallet and Banco Inter in your digital account so you can get more out of it. 

Picpay digital wallet services

• Free digital account. 
• Payments via the app. 
• Deposit by bank slip.
• PIX (receiving and sending).
• Credit card. 
• Cashback in stores. 
• Cell phone top-ups.

Inter Services

• Free digital account.
• Transfer between banks.
• PIX.
• Deposit by bank slip.
• Bill payment.
• Loan.
• Income through automatic CDI.
• Investments. 
• Cashback.

Which bank is the best in services?

When comparing the services offered, you can see that both offer basic services to the customer, ensuring they meet your daily needs through the app. 

Here, the victory goes to Banco Inter due to the loans, cashback, and investments it allows. 

Best credit cards: Picpay or Inter?

When opening a digital account, you'll certainly also want to have a credit card that can bring you benefits with the bank. 

Check out the cards offered by Picpay's digital wallet and Banco Inter to customers and find out which one is best. 

Picpay Cards

• International Picpay Card with no annual fees.

Inter Cards

• International Mastercard card with no annual fees.
• Mastercard Gold Card.
• Mastercard Platinum Card.
• Mastercard Black Card.

Which bank is best for cards?

If you think about cards, you can see that Banco Inter wins in this regard as well, as it offers customers a wider variety of credit cards that can meet their needs. 

Here, it's worth remembering that some cards have requirements for release, such as high income and investments in the bank. 

Which yields more: Picpay or Inter?

When you deposit your money into a digital account, you want it to yield a monthly amount, right? Each account has a different yield, according to the rules, and in general, the yield is based on the CDI rate, above the savings rate. 

See how the yield looks in the Picpay digital wallet and at Banco Inter. 

Picpay Income

• The income is automatic.
• Yields 102% of CDI.

Inter's Income

• Money yields automatically.
• Yields 100% of CDI.

Which bank is the best in terms of returns?

Since both yield interest here based on the CDI, it's important to understand that this rate is currently 13.5% per year. The interest is paid monthly, and you can check your balance in your account. 

In terms of returns, we have a tie, as Picpay and Inter yield 100% of the CDI.

Which bank has the best app: Picpay or Inter?

It's not enough to just have an app. It must be functional and provide you with all the interaction you need for your daily life. 

Check out the Picpay and Banco Inter apps. 

Picpay App

• Available for Android and iOS.
• Price: free.
• Simple application, with all the functions so that the person can use it very easily. 
• Security by fingerprint, password or facial recognition.

Inter App

• Availability: Android and iOS.
• Price: Free.
• Practical application, with all information on the screen and easy to access.
• Security by fingerprint, password or facial recognition.

Which bank has the best app?

Once again, we have a technical tie. The apps are practical, simple, and allow you to do everything you need in one place. 

It's worth remembering that the Picpay and Banco Inter apps are required to manage your digital account. 

Which is safer: Picpay or Inter?

You certainly want your money to be safe in your account and to be sure that you won't have any problems with it. 

Learn how your money is secured in the Picpay and Banco Inter digital wallets, so you can have peace of mind when choosing. 

Picpay Security

• Password for payment.
• Fingerprint recognition.
• Money has the security of the company. 
• Certain income.
• Founded in 2012.
• Approved by the Central Bank. 

Inter Security

• Password security.
• Fingerprint recognition.
• Digital bank registered with the Central Bank of Brazil.
• It is insured by the Credit Guarantee Fund.
• Founded in 1994. 

Which of the two is better in security?

If we consider the security of the application, both are safe and have all the protocols to ensure your money is well organized and well looked after. 

Here, there is a victory for Banco Inter due to the fact that it has the FGC, which guarantees up to R$250,000 in the event of the bank's bankruptcy. 

How to open a Picpay account?

Opening your Picpay account is very simple. The app is intuitive and guides you through the entire process, using simple language to make everything very clear. 

To help you, we've put together a step-by-step guide that you can follow to get your account:

Step by step guide to opening a Picpay account

Check out how you can open a PicPay account in a very simple way:

• Access your smartphone's online store and download the Picpay app.
• Install and open the application.
• Tap “create new account”. 
• Fill in the requested personal data.
• Fill in all personal documents. 
• You will need to upload two photos: one of your document and a selfie holding the document.
• Check that everything is correct and send the proposal. 
• Once the account is released, you will receive an email notifying you of the account release. 

How to open an account at Inter?

Inter has a simple app that will make opening your account easier. The process is entirely online, directly from your smartphone. You use the app to open your account. 

See how you can do it simply in our exclusive step-by-step guide. 

Step by step guide to opening an account at Inter

Have your ID ready and get ready to open your Banco Inter account:

• Go to your smartphone's online store and download the Inter app.
• Wait for the app to install and open it. 
• Tap “Create new account”. 
• Fill in your personal details. 
• Enter your document number. 
• Send a photo of your document and a selfie with it in hand. 
• Check the proposal and send it to the bank. 
• Wait for Inter to release your account. 

So, which bank should I choose?

After evaluating rates, services, cards, apps, and knowing how to set up your account, you might be wondering which one is best.

Before we reach our verdict, it's important to understand what customers are saying about digital banks. Reviews on Reclame Aqui give Picpay a 7.3 rating, while Banco Inter receives an 8.0 rating, considered excellent.  

After our comparison, we saw that Banco Inter is more advantageous because it has fewer fees, more services available to the customer, and the option of better credit cards. 

But it's worth remembering that both are trustworthy and will take good care of your money. 

Did you like the comparison? See more on our website and discover the best digital banks.