Banco Inter vs Mercado Pago.
Banco Inter (B76/100) and Mercado Pago (M50/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Banco Inter leads Mercado Pago 5-2.
| B Banco Inter №15 · BACEN 76 /100 | M Mercado Pago №57 · BACEN 50 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 76 /100 | 51 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Full bank BACEN | Payment inst. BACEN |
| Deposit guarantee Per depositor | €250,000 BR.FGC | Safeguarded AR.SEDESA |
| Reach | ||
| Markets served Licensed jurisdictions | 2 countries | 5 countries |
| Crypto Coins available | 8 coins | 4 coins |
| Stocks & ETFs Self-directed | Yes | Yes |
| UX | ||
| Trustpilot Customer score | 2.8 ★ 1k reviews | 1.5 ★ 18k reviews |
| App store iOS + Android avg | 4.5 ★ iOS 4.6 · And 4.4 | 4.7 ★ iOS 4.7 · And 4.6 |
| Read review → | Read review → | |
Pick Banco Inter if…
Brazilian full-bank digital pivot success story (since 2015). ~33M customers across Conta + Inter Invest + Inter Shop. Public on NASDAQ: INTR (formerly B3). Inter Shop (cashback marketplace) is a unique super-app feature in Brazilian neobanking.
Pick Mercado Pago if…
The dominant LatAm digital wallet by user count (~50M+ actives across AR, BR, MX, CL, CO). MercadoLibre subsidiary, public via NASDAQ: MELI. The high-inflation hedge play — Argentine yield product (Rendimientos) is a near-mandatory account for ARS holders.
- Best for fees Tied
- Best for protection Banco Inter won 2 of 2
- Best for reach Tied
- Best for ux Tied
Banco Inter vs Mercado Pago — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Banco Inter better than Mercado Pago?
Under our v3 methodology, Banco Inter leads Mercado Pago 5–2 across 12 dimensions. Composite scores: Banco Inter 76/100 vs Mercado Pago 50/100. Banco Inter is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Banco Inter or Mercado Pago cheaper?
Monthly fee — Banco Inter: €0; Mercado Pago: €0. Card FX markup — Banco Inter: Interbank; Mercado Pago: Interbank. Tied across fee rows. See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Banco Inter or Mercado Pago?
Banco Inter holds a Full bank licence under BACEN; deposit guarantee per depositor: €250,000. Mercado Pago holds a Payment inst. licence under BACEN; deposit guarantee per depositor: Safeguarded. Banco Inter is the stronger pick on regulatory protection.
Where can I use Banco Inter and Mercado Pago?
Banco Inter operates in 2 countries; Mercado Pago operates in 5 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.