Banco Bmg
Banco Bmg: A mobile account for Pix, bill payments, card controls and goal-based CDB savings. Ranked #8 of 23 in Digital Banking Apps in Brazil by our editors (8.6/10); pricing: Free plan; best for pix banking with savings goals and card controls.
At a glance
- Editor score8.6 / 10
- PricingFree plan
- Best forPix banking with savings goals and card controls
- Free planYes
- Pix transfersYes
- Facts checked4 Oct 2026
Where it wins
- Pix transfers and payments, plus bill and boleto payments
- Cofrinho savings goals with recurring deposits and CDB returns
- Manage card requests and lock or unlock cards in the app
Where it doesn't
- Paid service-package prices are not clear from the listed plan details
- Essencial charges by use for some services
- Credit products and card approval depend on eligibility and terms
Our verdict on Banco Bmg
Banco Bmg is a digital bank account managed through an Android or iOS app, suited to people in Brazil who want Pix, everyday payments, card controls and savings goals in one place. The app supports balance and statement viewing, bill, boleto and card-invoice payments, and requests for debit and/or credit cards. Customers can also invest in CDB products through the app. Credit products and credit-card approval are subject to eligibility and applicable terms.
The service packages vary by included transactions. Essencial is the basic package, with some services charged by use. Padronizado 1 includes 8 free Banco24Horas withdrawals, 4 monthly statement printouts and 4 transfers to other Bmg accounts; Padronizado 2 keeps the withdrawal and transfer allowances, adds 6 statement printouts and includes 1 TED transfer. Padronizado 3 raises those allowances to 10 withdrawals, 8 statements, 6 transfers to other Bmg accounts and 2 TED transfers. Padronizado 4 includes 12 Banco24Horas withdrawals, 8 statements, 8 transfers to other Bmg accounts and 3 TED transfers. Pacote ilimitado offers no-fee withdrawals, statements and transfers, along with personalized specialist support. The account is advertised as free, while optional package charges are separate.
Cofrinho Bmg is a notable fit for customers who want savings goals with recurring deposits and CDB returns alongside routine banking. Support is available through an in-app virtual assistant and WhatsApp; listed support channels also include chat and phone, with 24/7 support indicated. Banco Bmg is worth considering for mobile-first Pix banking and basic savings and card management. Customers who need to compare package costs before choosing should review the applicable package terms, while anyone relying on credit should account for eligibility requirements.
Banco Bmg pricing
All 6 Banco Bmg plans and prices →
Banco Bmg fact sheet
| Free plan | Yes |
|---|---|
| Paid from | Not verified |
| Pix transfers | Yes |
| Debit card | Yes |
| Credit card | Yes |
| Savings options | Multiple |
| Overdraft | Not verified |
| Mobile platforms | Both |
| Deployment | Mobile |
| Platforms | Android, iOS |
| Support | Live chat, Phone · 24/7 |
| Built for | Solo, Small business (editorial estimate) |
| Pricing | Free plan (source) |
| Website | bancobmg.com.br |
| Facts checked | 4 Oct 2026 |
Alternatives to Banco Bmg
- NubankA free mobile account for everyday banking and savings goals, with credit subject to approval.9.3
- BTG Pactual BankingA free mobile account pairs everyday payments with cards, yield and eligibility-based credit.9.2
- Banco do Brasil Conta DigitalA free digital account with Pix, banking tools, cards and investments.9.1
See all Banco Bmg alternatives →
Banco Bmg vs the competition
- Banco Bmg vs Nubank
- Banco Bmg vs BTG Pactual Banking
- Banco Bmg vs Banco do Brasil Conta Digital
- Banco Bmg vs Conta Corrente Itaú
- Banco Bmg vs Banco Santander Brasil
- Banco Bmg vs CAIXA Conta Digital
Compare Banco Bmg with any tool side by side →
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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