Account Digit: What is it, what is it for and where can I find it? 

Do you know what an account number is and how important it is when making a bank transfer? Read on to find out! 

If you have an account, you've probably had to enter the verification digit to make transfers or banking transactions. 

Just like your ID or CPF, for example, it has its role and importance. However, do you really know what it's for?

We can say that it provides more security for your banking transactions and avoids some problems.

So, are you curious?

Continue reading and find out what the check digit, popularly called account digit and where to find it.

Post index:

• What is an account digit and what is it for?
• Where to find it?
• Some of the best digital accounts today:
• Nubank;
• PicPay;
• Inter;
• Pan Bank;
• Next;
• Conclusion.

What is an account digit and what is it for?

The digit is a common number in many tools, for example, barcode, personal documents, bank account and credit card. 

In short, it serves to ensure that the account number is real, that is, its main purpose is to guarantee the validity and integrity of a number.

If you're making a bank transaction and don't enter the digit, the transfer won't be completed. Entering the digit incorrectly won't be successful either.

Therefore, the check digit is an authenticity tool that protects the number and our transactions against typing errors and fraud, for example.

THE account digit It is not chosen randomly, but through a calculation that may vary depending on each bank. 

Where to find it?

The DV (Check Digit) is commonly the last digit in a number series. It can be made up of one or even two numbers.

Otherwise, it comes after a hyphen or space.

Consider the following example.

• Agency: 6401 4 
• Account: 0445206 7

In the example above, it is a bank account number, where there is a digit in the branch and also in the account number.

The digit in the branch serves to ensure that it really exists, while the account verification digit serves to prove that it is not fake.

Each DV confirms the veracity of the information it contains, thus providing greater security for banking transactions. 

The branch digit is not always required in a transaction, but the same does not happen with the account DV, it is always requested. 

When the DV contains two numbers, for example, 27668-51, if there is only space for one digit, enter only the first number, that is, 27668-5.

It's worth noting that this authentication tool can also be a letter. The number can be found on the front or back of the card, depending on the model.

In the case of digital accounts or cards without numbers, they can be found in the app, usually near the balance or profile. 

Now that you've discovered what is an account digit Without further ado, how about getting to know some of the best digital accounts today?

Many people are unsure whether they have an account number and branch, since they don't have physical branches, but they do, and the data is stored in the app. 

Another common question is whether these accounts can be used to receive deposits or salaries. The answer is also yes, including deposits made in person. 

1. Nubank

The digital account is one of the best and most popular in Brazil. Besides being free, it offers a comprehensive range of services to its customers. 

With it, we can pay bills, make transfers, deposit money, top up our cell phones, make international transfers, invest, donate, and much more. 

There are some services and features offered in this digital account that stand out, such as:

Save Money with Scheduled Withdrawal Function: save your money and set a date to withdraw it, while it remains separate, the yield can reach up to 105% of the CDI, depending on the date chosen for withdrawal. 

Limit Construction: Set aside an amount and use it as a credit card limit. Even though it doesn't have any income, it's an important tool for those who want to have a fixed credit limit.

Credit card: The Roxinho credit card from Nubank is the dream of almost every Brazilian. One of its advantages is that it accepts even those with bad credit, and it's also free.

Boxes: This is a tool that helps you achieve your financial goals. Set your goals and save money to achieve them. 

Loans: In the digital account, the customer has the convenience of the loan offered by Nubank or can access a more robust loan from Creditas.

Investments: Start investing with little and according to your goals. Get the best investment recommendations suited to your investor profile. 

2. PicPay

PicPay's digital account is also comprehensive and offers many features and advantages. Besides saving money, it also earns you extra cash.

Below are some ways to make money with your PicPay digital account.

Cashback on Invoice: Scan invoices for products purchased from brands like Novex and earn cash back. 

Referring friends: Refer a friend to open a digital account and as soon as they register a credit card and make a transaction worth at least R$20.00, you will also earn R$20.00 in your balance. 

Cashback on bills: PicPay is always promoting campaigns that pay great cashback percentages on bills paid through the app.

Coupons: Promotional coupon codes are also available in the app, just enter the code in the app and the customer receives the corresponding amount. 

THE account digit in the PicPay app it is located above the balance, very simple and easy to find.

3. Inter

Looking for a free, comprehensive digital account packed with benefits? Meet Inter!

THE Inter digital account has many features that aim to make your customers' finances easier and less bureaucratic. 

Your credit card has no annual fee and even pays cashback on your statement. Another advantage this bank offers is free Pix, withdrawals, and TED services.

Check out some more services offered by the Super App below:

• Investment Platform;
• Insurance;
• Loan;
• Consigned;
• Real estate credit;
• Inter Shop;
• Kids Account;
• Refer and earn;
• Financing;
• Health and dental plan;
• Exchange;
• Global Account;
• Inter Cell;
• Inter Pass;
• Gourmet Duo;
• Inter Arcade;
• Gift Card;
• Travel services.

The bank also offers digital accounts with exclusive benefits for MEIs and legal entities. Download the app and open your account. 

4. Banco Pan

Banco Pan's digital account is simple and easy to use. It's ideal for those who appreciate simplicity and don't need a feature-rich app. 

In addition to being free, it pays cashback via Pix for purchases made with the debit card, it is the Pix Back. 

It works like this, accumulate from R$700.00 in purchases on the debit card, then, 0.4% of everything you spent returns to your account via Pix. See the rules to find out the campaign conditions. 

Besides that, you can also find in the app:

• Personal loan;
• Loan with Advance of Anniversary Withdrawal;
• Card with no annual fee;
• Custom limit.

This digital account has a great product for those who want to save money and see it grow, it's the Save Pan.

In this alternative, the money has a yield of 103% of the CDI, making it possible to invest from R$5.00.

THE account digit of Pan is also found in the application.

5. Next

Next offers a comprehensive digital account, ideal for those looking for multiple services in one place. 

With the app, customers can pay or send money and pay in different ways, such as WhatsApp, Samsung Pay, Virtual Card, Google Pay, Apple Pay, QR Code, contactless payment, and online debit.

In addition, it also offers loans, insurance, accounts for minors, a friend referral program, investments, and much more.

The available credit cards are Visa Platinum and International. Both offer different benefits and advantages. 

THE Next International It has no annual fee and offers special discounts from partners, not to mention that it is easier to approve.

Visa Platinum offers free annual fees for 5 months, but after this period a monthly fee of R$45.50 is charged. 

It is still possible to obtain a full exemption from the monthly fee depending on the expenses on the invoice.

It also earns points in the Livelo points program and the customer enjoys Visa Platinum benefits, for example:

• Price Protection;
• VIP areas at airports;
• Benefits in luxury hotels. 

Platinum cards are considered high-income cards, because the minimum income required to apply is R$1,000.00.

However, this requirement may vary depending on each bank. There are cases where the minimum income required to apply for a Platinum card is R$1,000,400.00.

On the other hand, the credit limit is also high, but approval can be more demanding as well. 

Conclusion

In this text you discovered the importance of account digit and where to find it. He also found some suggestions for digital accounts that are booming on the market. 

In short, be sure to compare and find out which is the best alternative for your finances.

Read also: The fake Pix receipt and financial problems.