Updated September 28, 2026 · VaultCue Editorial Team
PagBank vs Scotiabank Uruguay Cuenta Digital
PagBank
Higher score in this comparison
Scotiabank Uruguay Cuenta Digital
PagBank vs Scotiabank Uruguay Cuenta Digital: the differences
| Compare | PagBankReviewVisitVisit | Scotiabank Uruguay Cuenta DigitalReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | R$0 to R$75 | UYU 0 |
| Free ATM withdrawals | R$0 | UYU 5 |
| Transfer fee | Free (unlimited TED and Pix to any bank) | 2 cost-free transfers per month up to USD 10.000 or UYU 300.000, then UYU 10 per transfer (Scotiabank to Scotiabank unlimited and free) |
| Currency conversion fee | 5% | Not confirmed |
| Currencies | Not confirmed | 2 |
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Key differences
- PagBank scores higher overall: 8.9 vs 8.7.
- Founded is lower at PagBank: 2006 vs 2011.
- Support channels: only PagBank offers Chat.
- Features: only PagBank offers No credit check.
Our verdict on each
PagBank
PagBank suits Brazilian businesses and freelancers who want a free everyday account with instant Pix payouts and a savings option on the side.
Scotiabank Uruguay Cuenta Digital
Scotiabank Uruguay Cuenta Digital suits anyone in Uruguay who wants a savings account run entirely from the app and pays nothing to keep it open. The catch is reach: it holds 2 currencies and needs a minimum deposit of UYU 5,000 to open, so it is a local tool rather than a global one.
Score breakdown
| Area | PagBank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Cost | 8.6Cost score rests on BRL 0 to BRL 75 monthly charges, BRL 0 for cash withdrawals and 5% for card conversion. | Not confirmed |
| Offer | 9.2HigherOffer score rests on variable savings, Daily liquidity, redeem whenever you want and payouts to bank and wallet. | 8.8No monthly charge of UYU 0, but only 2 currencies and a minimum opening deposit of UYU 5,000 |
| Trust | 8.8Higher | 8.6 |
How they place
| Ranking | PagBank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Savings accounts | 28 of 1420 | 536 of 1420 |
| Online banks | 11 of 402 | 178 of 402 |
Every fact side by side
| Fact | PagBank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Audience | Business, Freelancer | Not confirmed |
| Pricing model | No monthly fee | No monthly fee |
| Features | Free ATM, Digital only, No credit checkCovers more | Free ATM, Digital only |
| Legal entity | PAGSEGURO INTERNET INSTITUIÇÃO DE PAGAMENTO S/A | Scotiabank Uruguay S.A. |
| Headquarters | Brazil | Uruguay |
| Founded | 2006Lower | 2011 |
| Support channels | Email, Phone, Help centre, ChatCovers more | Phone, Help centre, Email |
Savings
| Fact | PagBank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Rate type | Variable | Variable |
| Minimum deposit | R$1 | UYU 5,000 |
| Access terms | Daily liquidity, redeem whenever you want | Bimonetary savings account in pesos and USD, managed 100% through digital channels, on-demand deposits and withdrawals; 5 free Banred ATM withdrawals and 2 free transfers (up to USD 10,000 or $300,000) per month |
| Account kind | Easy access | Easy access |
Money transfer
| Fact | PagBank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Delivery time | Within minutes: cross-border payouts cleared in minutes to Pix or a PagBank account; Pix transfers instant 24/7 | Not confirmed |
| Payout methods | Bank, Wallet | Not confirmed |
| Fee to send 1,000 | R$0 | Not confirmed |
Where each stands against the rest
| Fact | PagBank | Scotiabank Uruguay Cuenta Digital | Median |
|---|---|---|---|
| Currency conversion fee | 5%highest quarter | Not confirmed | 0.5% |
| Currencies | Not confirmed | 2lowest quarter | 5 |
Median across 536 listed accounts.
Pros and cons
PagBank
Pros
- Transfers to any bank are Free (unlimited TED and Pix to any bank), which covers both Pix and TED.
- Cash access carries an allowance of BRL 0, so withdrawals do not add to the bill.
- Payouts reach bank and wallet, and cross-border money clears in minutes to Pix or a PagBank account.
Cons
- Currency conversion on the card costs 5%, which ranks 304 of 312 and sits above the site median of 0.5%.
- The service is digital-only, as free atm, digital only and no credit check shows, so it suits people comfortable running money from an app.
- Savings pay a variable rate, so returns can move.
Scotiabank Uruguay Cuenta Digital
Pros
- No monthly maintenance charge on the account
- Runs entirely through digital channels, with deposits and withdrawals on demand
- Free ATM withdrawals up to an allowance of UYU 5 a month
Cons
- Only 2 currencies are held, so travel money beyond pesos and USD means another provider
- Transfers outside the free monthly allowance are charged per transfer, and only Scotiabank to Scotiabank transfers stay free
- A minimum deposit of UYU 5,000 is needed to open the account
Who each suits
PagBank
Who it suits
- Brazilian sole traders and small companies that bill and pay in Pix
- Freelancers who want an everyday account with an easy access CDB alongside
- Anyone happy to manage the account from a phone
Who should look elsewhere
- Skrill, if a wallet outside Brazil fits better: its monthly fee is €0
- Plazo ES, if a Spanish product suits you instead: its monthly fee is €0
- PayPal Colombia, if a wallet for cross-border online payments is the job: its monthly fee is $0
Scotiabank Uruguay Cuenta Digital
Who it suits
- Uruguay residents paid in pesos who also earn or hold dollars
- People who bank by phone and do not want branch visits
- Savings customers content with a variable rate that moves with the bank
Who should look elsewhere
- Travellers holding more than 2 currencies, where Skrill or PayPal Colombia cover more currencies
- Anyone unwilling to meet the minimum deposit of UYU 5,000
- Users who want a fixed-rate term, since the rate is variable
Current offers
PagBank
Current offer
Discount code
Taxa 0% para novos clientes (0% merchant rate on card readers): 0%
New customers of the Conta PJ PagBank; card reader without rental fee
Source, checked September 26, 2026
Discount code
Moderninha ProFit com 90% off (Super Max): R$ 83,88 à vista (12x de R$ 6,99)
Super Max plan; promotional price valid under campaign terms
Source, checked September 26, 2026
Country by country
| Country | PagBank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Brazil | Yes | No |
| Uruguay | No | Yes |
Questions about each
PagBank
What does PagBank charge to hold an account?+
The monthly fee runs BRL 0 to BRL 75, and the account is built around no monthly charge. PagBank ranks 1 of 500 on monthly fee across the site, the site median is €0, and the top of the site range reaches €449.
Are Pix and TED transfers really free?+
Transfers to any bank are Free (unlimited TED and Pix to any bank), and the Pix transfer charge is BRL 0. Pix is instant around the clock, and cross-border payouts clear in minutes to Pix or a PagBank account, with payouts landing on bank and wallet.
Scotiabank Uruguay Cuenta Digital
Does the Cuenta Digital charge a monthly fee?+
No. The monthly fee is UYU 0, so the account costs nothing to keep open. Costs come from spending beyond the free allowances, mostly transfers and extra ATM withdrawals. Scotiabank to Scotiabank transfers stay free.
What can I hold in the account?+
The account is bimonetary, holding pesos and US dollars, which is 2 currencies in total. Anything beyond those two means a separate provider. Providers such as Skrill hold many more currencies for the same kind of task.
Other options to compare
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Related by the facts
PagBank
Scotiabank Uruguay Cuenta Digital