When you deposit money in your account, it automatically earns 115% of the CDI.
What this means in practice:
The CDI is a rate that changes over time (it can be checked on Google).
The yield is calculated every business day.
We apply 115% of the daily CDI.
Income tax (22.5%) is automatically deducted.
You always see the net amount (already with taxes deducted).
Practical example:
If the CDI is at 14.9% per year and you have BRL 1,000 invested, you will earn on average BRL 0.49 per business day net.