Digio logo

Digio Review

Comprehensive review and analysis of Digio's digital banking services

Quick Facts

Founded
2016
Head Office
Brazil
Active Customers
2+ million
Total Funding
Banco do Brasil subsidiary
Employees
300+
App Store Rating
4.4/5

Pros & Cons

Pros

  • Credit focus
  • Easy approval
  • Digital cards
  • No annual fee
  • Rewards program
  • Bank backing

Cons

  • Limited banking features
  • Brazil-only availability
  • Credit requirements
  • Variable rates

Supported Countries

  • Brazil

Fees

  • Account Maintenance Free
  • Credit Card No annual fee
  • Foreign Transactions Standard fees apply
  • Late Payment Variable rates
  • Cash Withdrawal Fees apply

Overview

Digio has focused on digital credit solutions since 2016 as part of Banco do Brasil. Their platform combines credit products with basic banking features, offering accessible financial services.

Key Features

Credit Services

  • Credit cards
  • Personal loans
  • Buy now, pay later
  • Credit analysis
  • Payment plans
  • Limit increases

Banking Features

  • Digital account
  • Mobile payments
  • Bill payments
  • Money transfers
  • Balance tracking
  • Transaction history

Digital Cards

  • Virtual cards
  • Physical cards
  • Contactless payments
  • Card management
  • Purchase protection
  • Security features

Additional Services

  • Rewards program
  • Partner discounts
  • Insurance options
  • Mobile top-ups
  • Bill analysis
  • Financial tools

Security Features

  • Bank-grade security
  • Two-factor authentication
  • Transaction monitoring
  • Fraud detection
  • Device management
  • Instant blocking

Customer Support

  • 24/7 assistance
  • Chat support
  • Phone support
  • Help center
  • Video guides
  • Social media

Verdict

Digio excels in providing accessible credit solutions with digital banking features. Their focus on credit products and easy approval makes them particularly valuable for users seeking credit options with traditional bank backing.

While the platform has limited banking features compared to full-service banks, it offers solid functionality for credit and basic banking needs. The main limitations are the Brazil-only availability and credit requirements, but for Brazilian users seeking digital credit solutions, Digio provides an excellent option.