Updated September 28, 2026 · VaultCue Editorial Team
Mercado Pago vs PKO Bank Polski
Mercado Pago
Higher score in this comparison
PKO Bank Polski
What sets them apart
| Compare | Mercado PagoReviewSee alternativesSee alternatives | PKO Bank PolskiReviewSee alternativesSee alternatives |
|---|---|---|
| Headline rate | 105%Higher | 4% |
| Access terms | Money usable at any time, no IOF, accrues daily on business days, no minimum balance | Interest capitalised monthly, first monthly transfer out and branch withdrawals free of charge |
| Monthly fee | R$0 | PLN 0 |
| Minimum deposit | R$0 | Not confirmed |
Same on both: Rate type (Variable), Account kind (Easy access).
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Key differences
- Mercado Pago is available in 2 more countries.
- Headline rate is higher at Mercado Pago: 105% vs 4%.
- Support channels: only PKO Bank Polski offers Chat.
Our verdict on each
Mercado Pago
Mercado Pago pays a headline rate of 105% on money that stays usable at any time, with a monthly fee of BRL 0 and a minimum deposit of BRL 0, which suits businesses and teens who want a balance that earns while it sits. The rate is variable, so the return can move.
PKO Bank Polski
PKO Bank Polski pairs a monthly fee of PLN 0 with a currency conversion fee of 0%, so the everyday costs sit at the floor. It suits expats and Polish residents who want an easy-access account with local IBAN details, a variable savings rate and free ATM withdrawals.
Score breakdown
| Area | Mercado Pago | PKO Bank Polski |
|---|---|---|
| Cost | 9.3A monthly fee of BRL 0 and a minimum deposit of BRL 0 on an easy access account. | 9.4HigherMonthly fee PLN 0 and currency conversion at 0%, ranking 1 of 312 on conversion. |
| Offer | 9.2A headline rate of 105% on money that stays available, credited on business days with no minimum balance. | 9.2Savings headline rate 4%, variable, 10 currencies and iban local details. |
How they place
| Ranking | Mercado Pago | PKO Bank Polski |
|---|---|---|
| Savings accounts | 150 of 1420 | 156 of 1420 |
| Money transfer services | 114 of 1564 | 120 of 1564 |
| Multi-currency accounts | 53 of 348 | 57 of 348 |
Every fact side by side
| Fact | Mercado Pago | PKO Bank Polski |
|---|---|---|
| Pricing model | No monthly fee | No monthly fee |
| Legal entity | Mercado Pago Instituicao de Pagamento Ltda. | PKO Bank Polski Spółka Akcyjna |
| Headquarters | Brazil | Poland |
| Support channels | Help centre, Phone | Chat, Phone, Help centreCovers more |
Everyday accounts
| Fact | Mercado Pago | PKO Bank Polski |
|---|---|---|
| Currency conversion fee | Not confirmed | 0% |
| Currencies | 2 | 10Higher |
| Audience | Business, Teen | Expats |
| Features | Digital only | Free ATM |
| Local account details | Not confirmed | IBAN |
| Transfer fee | Free | 0 zł for internal, standard and SEPA Standard foreign transfers in iPKO and the IKO app; 10 zł for standard or SEPA Standard foreign transfers to another account holder in a branch or by phone line |
Money transfer
| Fact | Mercado Pago | PKO Bank Polski |
|---|---|---|
| Delivery time | Instant | Immediate between own accounts |
| Payout methods | Not confirmed | Bank |
| Fee to send 1,000 | ARS 0 | PLN 0 |
Where each stands against the rest
| Fact | Mercado Pago | PKO Bank Polski | Median |
|---|---|---|---|
| Headline rate | 105%highest quarter | 4%above the median | 3.25% |
| Minimum deposit | R$0lowest quarter | Not confirmed | R$1 |
Median across 658 listed accounts.
Pros and cons
Mercado Pago
Pros
- A headline rate of 105%, placed 1 of 473 on headline rate here.
- A monthly fee of BRL 0 and a minimum deposit of BRL 0, so nothing is listed to pay for holding the balance.
- Money stays usable at any time, accrues daily on business days, with no IOF charged on the balance.
Cons
- The rate is variable, so the return can move rather than being set in advance.
- Support runs on help centre and phone only, a narrower set of routes than a branch counter.
- The account is digital only, so there is nothing to visit in person.
PKO Bank Polski
Pros
- Monthly fee PLN 0 and a currency conversion fee of 0% on everyday and foreign transfers.
- The savings headline rate is 4% on an easy access account, with interest capitalised monthly.
- Transfers between own accounts are Immediate between own accounts, and the local account details are iban.
Cons
- Only 10 currencies, ranking 103 of 379.
- Foreign transfers to another account holder cost more in a branch or by phone line than the PLN 0 charged in the app.
- The 4% headline sits on a variable rate, so it can move.
Who each suits
Mercado Pago
Who it suits
- Businesses that park sales money in the account and want it to earn between payments.
- Teen users opening a first account: the audience is listed as business and teen and the minimum deposit is BRL 0.
- Anyone who needs a balance that can be spent on the same day it accrues interest.
Who should look elsewhere
- PayPal Colombia, listed at 3.3% on headline rate, for anyone who wants a far lower advertised figure.
- Readers who want a rate fixed in advance, since the rate here is variable. Plazo ES lists 24.19% and AXI Card Tarjeta y Credito 21.59% for a side-by-side check.
PKO Bank Polski
Who it suits
- Expats and residents in Poland who want an easy access account with iban details.
- Savers happy with a variable rate and interest capitalised monthly.
- People who send money abroad but need only 10 currencies.
Who should look elsewhere
- PayPal Colombia, whose monthly fee is $0, suits a wallet rather than a Polish bank account.
- Skrill, whose monthly fee is €0, suits readers who want wallet balances.
- eToro, whose monthly fee is £0, suits balances held on an investment platform.
Current offers
Mercado Pago
Current offer
Bonus
Cofrinhos yield 120% of CDI with Meli+: 120% of CDI on Cofrinhos
Active Meli+ subscription; Cofrinhos are part of the Mercado Pago account
Source, checked September 26, 2026
PKO Bank Polski
Current offer
Bonus
Do 600 zł z PKO Kontem za Zero (Letni Bonus): up to 600 zł
Open PKO Konto za Zero online with a Visa card, enter code LATO and meet the remaining terms of the 'Letni Bonus' promotion
Source, checked September 26, 2026
Bonus
Do 600 zł do sklepu Samsung (Rabat w górę): up to 600 zł
Open PKO Konto za Zero online and meet the terms of the 'Rabat w górę' promotion
Source, checked September 26, 2026
Bonus
Nawet 1200 zł zwrotu za zakupy na Allegro (Allegro Klik): cashback up to 3%, max 100 zł per month, up to 1200 zł
Open a personal account, link it to an Allegro account and activate Allegro Klik; cashback paid for purchases made with Allegro Klik
Source, checked September 26, 2026
Country by country
| Country | Mercado Pago | PKO Bank Polski |
|---|---|---|
| Argentina | Yes | No |
| Brazil | Yes | No |
| Mexico | Yes | No |
| Poland | No | Yes |
Questions about each
Mercado Pago
What rate does Mercado Pago pay on the balance?+
The account pays a headline rate of 105%. The rate type is variable, so the figure can move rather than staying set for a term. Interest accrues daily on business days and the money remains usable at any time.
Is there a monthly fee to pay?+
The monthly fee is BRL 0 and the pricing model is no monthly fee, so there is no recurring charge to keep an eye on. Money also leaves without a listed charge, at ARS 0 per transfer.
PKO Bank Polski
What does it cost to keep an account here?+
The monthly fee is PLN 0 on the everyday account, so keeping it open carries no standing charge. Interest on the linked savings side is a separate matter, paid at a 4% headline rate that can move.
Is there a charge for converting currency?+
The currency conversion fee is 0% in the app, which places PKO Bank Polski at 1 of 312 brands on that measure, well under the site median of 0.5%. Transfers between own accounts are Immediate between own accounts.
Other options to compare
Other matchups
Related by the facts
Mercado Pago
PKO Bank Polski