Updated October 14, 2026 · VaultCue Editorial Team
Mercado Pago vs ubank
Mercado Pago
Higher score in this comparison
ubank
Mercado Pago vs ubank: the differences
| Compare | Mercado PagoReviewSee alternativesSee alternatives | ubankReviewSee alternativesSee alternatives |
|---|---|---|
| Headline rate | 105% | Not confirmed |
| Rate type | Variable | Not confirmed |
| Minimum deposit | R$0 | Not confirmed |
| Access terms | Money usable at any time, no IOF, accrues daily on business days, no minimum balance | Not confirmed |
| Monthly fee | R$0 | Not confirmed |
Same on both: Account kind (Easy access).
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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.
ubank
Ubank lists goal-oriented savings, Autosave, savings accounts and Shared Save accounts.
Score breakdown
| Area | Mercado Pago | ubank |
|---|---|---|
| Cost | 9.3A monthly fee of BRL 0 and a minimum deposit of BRL 0 on an easy access account. | Not confirmed |
| Offer | 9.2A headline rate of 105% on money that stays available, credited on business days with no minimum balance. | Not confirmed |
How they place
| Ranking | Mercado Pago | ubank |
|---|---|---|
| Savings accounts | 150 of 1420 | 1317 of 1420 |
Every fact side by side
| Fact | Mercado Pago | ubank |
|---|---|---|
| Pricing model | No monthly fee | Not confirmed |
| Legal entity | Mercado Pago Instituicao de Pagamento Ltda. | National Australia Bank |
| Headquarters | Brazil | Australia |
| Founded | Not confirmed | 2008 |
| Support channels | Help centre, Phone | Not confirmed |
Everyday accounts
| Fact | Mercado Pago | ubank |
|---|---|---|
| Currencies | 2 | Not confirmed |
| Audience | Business, Teen | Not confirmed |
| Features | Digital only | Not confirmed |
| Transfer fee | Free | Not confirmed |
Money transfer
| Fact | Mercado Pago | ubank |
|---|---|---|
| Delivery time | Instant | Not confirmed |
| Fee to send 1,000 | ARS 0 | Not confirmed |
Where each stands against the rest
| Fact | Mercado Pago | ubank | Median |
|---|---|---|---|
| Headline rate | 105%highest quarter | Not confirmed | 3.25% |
| Minimum deposit | R$0lowest quarter | Not confirmed | R$1 |
| Monthly fee | R$0at the median | Not confirmed | R$0 |
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.
ubank
Pros
- Ubank lists goal-oriented savings, Autosave, savings accounts and Shared Save accounts.
- The captured overview does not provide rates.
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.
ubank
Who it suits
- Australia Ubank customers choosing goal-based, automatic or shared savings tools
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
Country by country
| Country | Mercado Pago | ubank |
|---|---|---|
| Argentina | Yes | No |
| Australia | No | Yes |
| Brazil | Yes | No |
| Mexico | Yes | No |
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.
Is there a minimum deposit or a notice period?+
There is no minimum deposit, listed as BRL 0, and no minimum balance to maintain. The account is easy access and the money is usable at any time, with no IOF charged on the balance.
How fast do payments and transfers go out?+
Delivery is Instant and the transfer fee is free, which works out at ARS 0. Because the account is digital only, transfers are handled in the app rather than at a counter.
Other options to compare
Other matchups
Related by the facts
Mercado Pago
ubank