Deposits under high percent in Moscow, only a few banks offer. Some make such an offer so that new customers appear, others - to maintain their positive reputation. The biggest contribution is . But this can only happen if a few conditions are met:
High interest rates are possible within . Get the maximum profit and when opening a foreign currency account.
Citizens can open with a high percentage both at the place of registration and residence. To do this, you only need a passport. There are those who cooperate with young people from 14 years old. Suggestions for individuals differ:
Most high stakes on deposits in Moscow offer institutions that have high performance on own assets, good loan portfolio, which means they are stable.
On our website you will find deposits in banks with a high interest rate in 2020. For convenience, we offer a comparative table with up-to-date information and for calculating possible profits. The data is updated regularly, so our users receive up-to-date information. If necessary, you can choose the most convenient currency for calculations.
A deposit or the so-called "deposit" is the money that the client places in the bank to protect and increase his capital.
The higher interest rate bank deposit - the greater the potential income. In Moscow, the best interest rates on ruble and foreign currency deposits are often offered during periods of seasonal offers or other special bank promotions.
Bank deposits for individuals in Moscow differ in terms, currency and rate, there are also additional conditions (the possibility of replenishment, partial withdrawal without loss of interest, monthly payment of interest to the card, and others).
Both small and larger reliable banks in Moscow in 2020 offer several additional opportunities for term deposits and deposits with maximum and low interest rates for individuals:
To arrange the most best contribution in rubles or foreign currency favorable rate in a bank in Moscow, consider these three points.
Depending on the currency used, urgent deposits divided into ruble, currency (deposits in euros, dollars, British pounds and other currencies), multicurrency (deposit funds are divided into parts and invested in several currencies). In 2020, for individuals, the most profitable deposits in Moscow banks in terms of interest rate are currently offered in Russian rubles.
Investment in foreign currency- one of the popular methods of preserving and increasing your capital in the city of Moscow, even in times of crisis. Although the stakes currency deposits decreased significantly due to the instability of the exchange rate, you can get income with growth exchange rate to the ruble So you can get the best income from the deposit in 2020.
Most Russian banks offer currency deposits in dollars and euros, deposits in other currencies are rare. You can compare currency quotes on our website in the Exchange rates section. However, there are few offers of deposits at a good interest in these currencies, since the demand for them is low.
What kind of contribution to choose for a pensioner, student or middle-aged person? The form "Choice of deposit" will help you to choose an offer with the best rate and conditions. With its help, you can search for offers on deposits with a high percentage of profitability from reliable banks, or focus on the most profitable offers.
In 2020, today, among deposits in banks in Moscow, the most profitable high interest rate in rubles is at the deposit Deposit At the Top (with HOA) Gazprombank in Gazprombank (JSC) - 8.10% per annum. The minimum deposit amount is 50,000 rubles with interest paid at the end of the deposit term. According to our data, this is the best bank deposit Moscow with the maximum rate in rubles.
All banks are interested in attracting as much money from depositors as possible to their accounts. To this end, there is a wide range of deposits. High interest is not always accompanied by the convenience of account management. Before choosing banking program, you need to carefully weigh the pros and cons, and consider further possibilities for using the contribution.
In this article:
With all the differences, deposits can be conditionally divided into three groups, depending on the possibilities of managing accounts: income-generating (without the possibility of replenishing and withdrawing money), replenished and with the possibility of using funds.
Choosing the highest percentage is easy, but what if you urgently need money? Here, savings programs with the right to partial / full withdrawal of money come to the rescue. Having cashed out some part of the funds, the client does not close the deposit, and in some cases does not even lose interest.
In the presence of free funds income can be increased by increasing the amount of the deposit, thanks to the right to replenish it. Standard "profitable" banking product usually does not include this option. Its functions are to capitalize interest from month to month until the end of the contract period without the ability to manage and use ahead of schedule in cash. Standard deposits have the highest yield, depending on the amount of the deposit and the investment period.
The conditions for making deposits in various banks are relatively equal:
Below are the most profitable deposits in Moscow banks, depending on their capabilities.
Interest rates up to 11% in rubles.
Deposit - from 100 thousand rubles.
Annual interest up to 10.75% in rubles, 3% in US dollars, up to 2.45% in euros. Opening - from 10 thousand rubles, 300 $ and 300 €.
Interest rates up to 10.5% in rubles, 2.2% in US dollars, up to 1.15% in euros. Opening - from 10 thousand rubles, 300 $ and 300 €.
Interest rates up to 10.29% in rubles, 2.59% in US dollars, up to 1.12% in euros. Opening - from 10 thousand rubles, 500 $ and 500 €.
Interest rates up to 9.5% in rubles, 3.5% in US dollars, up to 1.5% in euros. Opening - from 100 thousand rubles, 1500 $ and 1500 €.
Interest rates up to 9.2% in rubles, 1.95% in US dollars, up to 0.8% in euros. Opening - from 200 thousand rubles, 3000 $ and 3000 €.
Deposit amount
Interest rate (%)
Deposit term (month)
monthly interest
Reinvested withdrawn
Interest rates up to 9% in rubles, 1.5% in US dollars, up to 1% in euros. Opening - from 15 thousand rubles, 500 $ and 500 €.
Annual rate up to 10.65% in rubles, 2.45 in US dollars, up to 1.7% in euros. Opening - from 30 thousand rubles, 500 $ and 500 €.
Interest rates up to 10% in rubles. Contribution - from 300 thousand rubles.
Annual rate up to 8.8% in rubles, 1.4 in US dollars, up to 0.9% in euros. Opening - from 15,000 rubles, $ 500 and 500 €.
Interest rates up to 8% in rubles, 1.85% in US dollars, up to 0.7% in euros. Opening - from 200 thousand rubles, 3000 $ and 3000 €.
Interest rates up to 8% in rubles, 0.5% in US dollars, up to 0.01% in euros. Opening - from 50 thousand rubles, 3000 $ and 3000 €.
Interest rates up to 7.1% in rubles, 1.85 in US dollars, up to 0.91% in euros. Opening - from 1000 rubles, 100 $ and 100 €.
Interest rates up to 10.4% in rubles, 2.35 in US dollars, up to 1.4% in euros. Opening - from 30,000 rubles, 500 $ and 500 €.
Interest rates up to 8.7% in rubles, 0.95% in US dollars, up to 0.55% in euros. Opening - from 15 thousand rubles, 500 $ and 500 €.
Interest rates up to 7.6% in rubles, 1.1% in US dollars, up to 0.2% in euros. Opening - from 50 thousand rubles, 2000 $ and 2000 €.
Interest rates up to 7.5% in rubles, 0.25% in US dollars, up to 0.25% in euros. Opening - from 10 thousand rubles, 300 $ and 300 €.
Interest rates up to 6.59% in rubles, 1.64 in US dollars, up to 0.35% in euros. Opening - from 30,000 rubles, $ 1,000 and € 1,000.
Even in difficult economic situation in 2020, there is an opportunity to invest money in such a way as to earn. One of the ways is to arrange a profitable deposit for individuals. But which of the most reliable banks in Russia today has the highest interest on deposits? The website agency experts analyzed the proposals of the largest banks in the country, compiling a review of deposits in rubles with favorable interest rates.
Deposits of individuals - a traditional way of investing money
There are many ways to invest in order to receive passive income. You can buy a currency and wait for it to rise in price, you can earn money on Forex, invest in a PAMM account, try to earn income by trading binary options and much more.
All these ways of making money bring fairly high profits, but they are also associated with a certain risk. Bank deposits of individuals today remain the most reliable and traditional way of investing savings in Russia.
Choosing the most profitable deposit: what to look for
When choosing a bank to entrust money to, depositors, as a rule, pay attention to at least two parameters:
It can be quite difficult to combine a high interest rate and sufficient bank reliability. Analysts of the agency website tried to do this by examining the conditions for deposits in Russian rubles for individuals in reliable banks.
Each bank has its own line of profitable deposits for individuals with unique conditions.
In order to somehow bring "to a common denominator" the parameters of contributions to different banks, we tried to find out what the highest interest rates in rubles are offered to those who intend to open a deposit today, in 2020.
For the purity of the experiment, we compared the rates in largest banks Russia on deposits for a period of 12 months, since this is the most popular investment period. 1 million rubles was taken as the estimated amount. And they also tried to dismiss the so-called investment or complex proposals with the obligatory investment of money, insurance, mutual funds or shares. As a result, the following list was obtained (check the exact conditions and interest rates on deposits with banks).
The most profitable deposits in reliable Russian banks from the top 10
Credit Bank of Moscow
MEGA Online deposit
Replenishment / Without partial withdrawal / Without capitalization / Interest at the end of the term
Bank FK Otkritie
Deposit "Reliable"
Without replenishment / Without partial withdrawal / Capitalization / Accrual of interest at the end of the term.
Promsvyazbank
Deposit "My income"
No replenishment / No partial withdrawal / No capitalization / Interest at the end of the term.
Savings account deposit
Without replenishment / Without partial withdrawal / Capitalization / Interest accrual monthly.
Post-bank
Deposit "Capital"
Without replenishment / Without partial withdrawal / Capitalization / Interest monthly
Sberbank of Russia
Contribution "Save"
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Interest rate |
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Without replenishment / Without partial withdrawal / With capitalization / Calculation of interest monthly. Banks of Moscow >>
Today, Moscow banks offer a large number of different types of profitable deposits for individuals. But all of them can be divided into several groups:
✓ term deposits at the highest interest rates. By opening such a deposit, you give the bank your money for a certain period (3-6 months, 1 year or 3 years), and at this time you cannot take it back without losing interest or replenish your account.
✓ replenished deposits of individuals. By opening such a deposit, the depositor can save money by replenishing the account, and at the same time interest increases. However, it is impossible to withdraw funds from the account and not lose profitability.
✓ deposits with partial withdrawal funds without loss of interest. Such deposits usually have the lowest interest rates. But they make it possible to withdraw part of the funds up to a pre-negotiated minimum balance, on the amount of which interest will be charged.
Of course, in any unforeseen situation, if you need money ahead of time the end of the deposit, you can always get them, but it will be a pity for the lost profit. So, when you are going to make a deposit in a bank, it is better to decide in advance when you will withdraw money so as not to lose income.
Passive income is a nice bonus to salary. There are many places where people often invest in the hope of creating: foreign exchange market, investments in cryptocurrencies, investing in shares of companies and more. But these methods do not guarantee results. When depositing money for any purpose, you should be aware of the risks and be prepared for defeat and loss of finances.
The least risky way to increase profits on a consistent basis is − Bank deposit. An individual provides the bank with his savings, for which the bank monthly or annually pays a certain percentage of the invested amount.
Trust finance should be only reliable structures. This is one of the main criteria according to which depositors choose a bank. Banking crises are not uncommon these days. It is good to have confidence that your bank will not collapse during the next period of financial difficulties.
The second important parameter is the interest rate. This is the money that you will receive as net profit from the contribution. It is desirable that there is not only a high percentage, but also accompanying conditions that are comfortable for the investor. Passively accumulated funds can subsequently be increased by starting.
To combine the reliability of the bank and profitability, we have compiled an up-to-date list of the most profitable deposits.
Terms:
- currency - rubles;
- the minimum amount is 100,000 rubles;
- terms and interest:
- at 91 days - 6.6%;
- for 181 days - 6.7%;
- for 367 days - 6.7%.
Among the bank's programs, this deposit has the highest interest rate. If the client wishes to terminate the contract ahead of time, preferential terms make the process fast and with minimal losses. It is impossible to withdraw part of the money or replenish the deposit amount during its validity.
Interest is paid at the end of the agreed period to the same account in which the initial deposit was placed. If you close the deposit later than the deadline, only half of the accumulated interest will be paid, so be punctual. To open a deposit, contact either your local Promsvyazbank office or PSB-Retail, available online.
Terms:
- the minimum amount is 1000 rubles; $100; 100 euro;
- terms and interest for deposits in rubles:
- for 95 days - 5.75%;
- for 185 days - 6.25%;
- for 370 days - 6.75%.
- for 95 days - 0.75%;
- for 185 days - 1.10%;
- for 370 days - 1.45%.
- for 95 days - 0.01%;
- for 185 days - 0.20%;
- for 370 days - 0.55%.
According to the primary contract, interest is paid at the end of the term. However, the bank has created the possibility of connecting additional options. So, the investor can partially withdraw the invested funds, replenish the account, and also demand interest on a monthly basis. In order to activate one or more of the described services, an additional contract must be concluded.
In the presence of additional conditions to interest allowances are provided. If the client has an annual program "Package of services", 0.25% will be added to deposits in rubles, and 0.15% in foreign currency. The same amount of allowances is possible if you open a deposit not at the bank office, but in MKB-Online or in the MKB terminal. If you do not close the deposit on time, its validity is automatically extended in ascending order. And after an unclosed year, another 95 days will be added.
Terms:
- currency - rubles, dollars euro;
- the minimum amount is 30,000 rubles; $5,000; 5000 euros;
- terms and interest when opening a ruble deposit in the office for up to 1 year:
- upon termination within 31–90 days - 6.6 / 7.6% (Halva card);
- upon termination within 91–180 days - 7.0/8.0% (Halva card);
- upon termination within 181–270 days - 6.6 / 7.6% (“Halvah”);
- upon termination within 271–365 days - 6.6 / 7.6% (“Halvah”).
- terms and interest when opening a ruble deposit in the office for up to 3 years:
- upon termination up to 90 days - 6.8 / 7.8% (Halva card);
- upon termination up to 180 days - 7.2 / 8.2% (Halva card);
- upon termination up to 365 days - 6.8 / 7.8% (Halva card);
- upon termination up to 730 days - 6.0 / 7.0,% (Halva card);
- upon termination up to 1095 days - 6.0/7.0% (halva card).
- terms and interest when opening a ruble deposit through the Internet bank for up to 1 year:
- upon termination within 31–90 days - 6.6%;
- upon termination within 91–180 days - 7.0%;
- upon termination within 181-270 days - 6.6%;
- upon termination within 271-365 days - 6.6%.
- terms and interest when opening foreign currency deposits:
- in US dollars for 271–365 days - 1.55%;
- in US dollars for 1095 days - 3.00%;
- in euros for 271–365 days - 1.00%.
Partial withdrawals are not allowed, but deposits are allowed. The minimum replenishment amounts are 1000 rubles, 100 dollars or euros. Interest is paid after the end of the deposit term.
Terms:
- currency - rubles, dollars, euros;
- the minimum amount is 50,000 rubles; 1000 US dollars; 1000 euros;
- terms and interest:
- for ruble deposits for 91 or 191 days - 6.42–7.30%;
- in US dollars for 91 or 181 days - 0.20–0.80%;
- in euros for 91 or 181 days - 0.10%.
The accrued interest is paid every month. Capitalization is possible: this means that with each new interest accrual, the previous ones are added to the initial deposit amount. The rate increases if you own a Pension Card of this bank.
Terms:
- currency - rubles, dollars, euros;
- deposit term - from 3 months to 2 years;
- the minimum amount is 10,000 rubles; $300; 300 euros;
- terms and interest for ruble deposits:
- when opening at a bank branch - 6.10-7.30%;
- for individuals (pensioners) - 6.25-7.45%;
- when opening via the Internet - 6.30-7.50%.
- terms and interest for deposits in US dollars:
- when opening at a bank branch - 0.55-1.65%;
- for individuals (pensioners) - 0.55-1.65%;
- when opening via the Internet - 0.55-1.65%.
- terms and interest for deposits in euros:
- when opening at a bank branch - 0.01%;
- for individuals (pensioners) - 0.01%;
- when opening via the Internet - 0.01%.
During the period of the deposit, it is impossible to replenish it, withdraw part of the money or receive monthly payments. The entire invested amount, together with interest, is returned to the depositor after the end of the agreed period.
Terms:
- currency - rubles, dollars;
- terms of deposit opening - from 31 to 1460 days;
- the minimum amount is 3000 rubles; $50;
- interest rate for ruble deposits - up to 6.70%;
- interest rate for deposits in US dollars - up to 2.45%.
One of the most comfortable conditions. An individual can receive interest even from small deposits on short term. It is impossible to replenish and spend funds, but there are several options for operations with interest: capitalization and monthly withdrawal to the account are available.
Terms:
- currency - rubles;
- minimum amount:
- when opening an online deposit - 30,000 rubles;
- when opening a deposit in a bank branch - 100,000 rubles.
- terms and interest when opening a deposit in a bank branch:
- for a period of 3–5 months - 6.20/6.23%;
- for a period of 6 months - 6.20/6.28%;
- for a period of 13–18 months - 5.90/6.15%;
- for a period of 18–24 months - 5.70/6.02%;
- terms and interest when opening a deposit online:
- for a period of 3–5 months - 6.60/6.64%;
- for a period of 6 months - 6.60/6.69%;
- for a period of 6–13 months - 6.15/6.23%;
- for a period of 13–18 months - 6.10/6.29%;
- for a period of 18–24 months - 5.90/6.15%;
- for a period of 24–36 months - 5.70/6.02%;
- for a period of 36–61 months - 3.10/3.25%.
This deposit has increased profitability, but when withdrawing funds before the end of the contract, it is lost. capitalization is possible. If you do not close the deposit on time, its term is automatically extended for the minimum possible time (3 months), but no more than 2 times. If you close the deposit before the deadline, you will receive 0.6% of the original rate. But for this, the term of the deposit must exceed 181 days.
Terms:
- currency - rubles, dollars, euros;
- the minimum amount is 10,000 rubles; $500; 500 Euro;
- interest rates:
- in rubles - 5.5–6.23%;
- in US dollars - 0.35–2.38%;
- in euro - 0.01–0.20%.
You can not replenish the deposit or partially withdraw money. Accrued interest is capitalized, but the client loses it in case of early termination of the contract.
Terms:
- currency - rubles, dollars, euros;
- the minimum amount is 15,000 rubles; $500; 500 Euro;
- terms - from 3 months to 1097 days;
- interest rates for ruble deposits:
- for the amount from 15,000 to 300,000 rubles - 5.6–5.8%;
- for an amount from 300,000 to 1,000,000 rubles - 5.8–6.0%;
- for an amount from 1,000,000 rubles - 6.0–6.4%;
- interest rates for deposits in US dollars:
- in the amount from 500 to 10,000 dollars - 0.30–1.40%;
- in the amount of $10,000 or more - 0.40–1.50%;
- interest rates for euro deposits:
- for amounts from 500 to 10,000 euros - 0.01%;
- in the amount of 10,000 euros - 0.01%.
The long term includes separate conditions for interest payments. As a result, with a deposit period of more than 365 days, interest is paid not at the end of the entire period, but at the end of the calendar year. It is forbidden to replenish the account or withdraw funds. You can extend the term of the deposit, but not automatically. To do this, you will have to visit the bank office.
Terms:
- currency - rubles, dollars;
- the minimum amount is 1000 rubles; $100;
- terms - from 3 months to 3 years;
- terms and interest rates for ruble deposits when opening through Sberbank Online (from 1000 rubles):
- for 3–6 months - 3.70/3.71%;
- for 6–12 months - 3.80/3.83%;
- for 1–2 years - 3.60/3.66%;
- for 2–3 years - 3.45/3.63%;
- for 3 years - 3.45/3.63%.
- terms and interest rates for ruble deposits when opening through Sberbank Online (from 100,000 rubles):
- for 3-6 months - 3.85 / 3.86%;
- for 6–12 months - 3.95 / 3.98%;
- for 1–2 years - 3.75/3.82%;
- for 2–3 years - 3.70/3.83%;
- for 3 years - 3.60/3.80%.
- terms and interest rates for ruble deposits when opening through Sberbank Online (from 400,000 rubles):
- for 3–6 months - 4.00/4.01%;
- for 6–12 months - 4.10/4.14%;
- for 1–2 years - 3.90/3.97%;
- for 2–3 years - 3.85/4.00%;
- for 3 years - 3.75/3.96%.
- terms and interest rates for ruble deposits when opening through Sberbank Online (from 700,000 rubles):
- for 3–6 months - 4.00/4.01%;
- for 6–12 months - 4.10/4.14%;
- for 1–2 years - 3.90/3.97%;
- for 2–3 years - 3.85/4.00%;
- for 3 years - 3.75/3.96%.
- terms and interest rates for ruble deposits when opening through Sberbank Online (from 2,000,000 rubles):
- for 3–6 months - 4.00/4.01%;
- for 6–12 months - 4.10/4.14%;
- for 1–2 years - 3.90/3.97%;
- for 2–3 years - 3.85/4.00%;
- for 3 years - 3.75%.
- terms and interest rates for ruble deposits when opening at a bank branch (from 1000 rubles):
- for 3-6 months - 3.45 / 3.45%;
- for 6–12 months - 3.55/3.58%;
- for 1–2 years - 3.55/3.58%;
- for 2–3 years - 3.30/3.41%;
- for 3 years - 3.20/3.35%.
- terms and interest rates for ruble deposits when opening at a bank branch (from 100,000 rubles):
- for 3–6 months - 3.60/3.61%;
- for 6–12 months - 3.70/3.73%;
- for 1–2 years - 3.50/3.56%;
- for 2–3 years - 3.45/3.57%;
- for 3 years - 3.35/3.52%.
- terms and interest rates for ruble deposits when opening at a bank branch (from 400,000 rubles):
- for 3-6 months - 3.75 / 3.76%;
- for 6-12 months - 3.85 / 3.88%;
- for 1–2 years - 3.65/3.71%;
- for 2–3 years - 3.60/3.73%;
- for 3 years - 3.50/3.68%.
- terms and interest rates for ruble deposits when opening at a bank branch (from 700,000 rubles):
- for 3-6 months - 3.75 / 3.76%;
- for 6-12 months - 3.85 / 3.88%;
- for 1–2 years - 3.65/3.71%;
- for 2–3 years - 3.60/3.73%;
- for 3 years - 3.50/3.68%.
- terms and interest rates for ruble deposits when opening at a bank branch (from 2,000,000 rubles):
- for 3-6 months - 3.75 / 3.76%;
- for 6-12 months - 3.85 / 3.88%;
- for 1–2 years - 3.65/3.71%;
- for 2–3 years - 3.60/3.73%;
- for 3 years - 3.50/3.68%.
- terms and interest rates for dollar deposits when opening through Sberbank Online (from $100):
- for 3-6 months - 0.25%;
- for 6–12 months - 0.55%;
- for 1–2 years - 0.85%;
- for 2-3 years - 0.95%;
- for 3 years - 1.05%.
- terms and interest rates for dollar deposits when opening through Sberbank Online (from $3,000):
- for 3-6 months - 0.30%;
- for 6–12 months - 0.60%;
- for 1–2 years - 0.95%;
- for 2-3 years - 1.05%;
- for 3 years - 1.15%.
- terms and interest rates for dollar deposits when opening through Sberbank Online (from $10,000):
- for 3-6 months - 0.30%;
- for 6–12 months - 0.60%;
- for 1–2 years - 0.95%;
- for 2-3 years - 1.05%;
- for 3 years - 1.15%.
- terms and interest rates for dollar deposits when opening through Sberbank Online (from $20,000):
- for 3-6 months - 0.30%;
- for 6–12 months - 0.60%;
- for 1–2 years - 0.95%;
- for 2-3 years - 1.05%;
- for 3 years - 1.15%.
- terms and interest rates for dollar deposits when opening through Sberbank Online (from $100,000):
- for 3-6 months - 0.30%;
- for 6–12 months - 0.60%;
- for 1–2 years - 0.95%;
- for 2-3 years - 1.05%;
- for 3 years - 1.15%.
- for 3–6 months - 0.05%;
- for 6–12 months - 0.20%;
- for 1–2 years - 0.50%;
- for 2-3 years - 0.60%;
- for 3 years - 0.70%.
- terms and interest rates for dollar deposits when opening at a bank branch (from $3,000):
- for 3–6 months - 0.05%;
- for 6–12 months - 0.25%;
- for 1–2 years - 0.60%;
- for 2–3 years - 0.70%;
- for 3 years - 0.80%.
- terms and interest rates for dollar deposits when opening at a bank branch (from $10,000):
- for 3–6 months - 0.05%;
- for 6–12 months - 0.30%;
- for 1–2 years - 0.65%;
- for 2-3 years - 0.75%;
- for 3 years - 0.85%.
- terms and interest rates for dollar deposits when opening at a bank branch (from $20,000):
- for 3–6 months - 0.10%;
- for 6–12 months - 0.40%;
- for 1–2 years - 0.75%;
- for 2-3 years - 0.85%;
- for 3 years - 0.95%.
- terms and interest rates for dollar deposits when opening at a bank branch (from $100):
- for 3–6 months - 0.10%;
- for 6–12 months - 0.40%;
- for 1–2 years - 0.75%;
- for 2-3 years - 0.85%;
- for 3 years - 0.95%.
For deposits opened by pensioners, maximum bet for the selected period, regardless of the deposit amount. The deposit can be freely replenished, but withdrawing money before the expiration date, in whole or in part, is not allowed.
Advice: find out which financial institutions today .
How to calculate the return on a deposit?
Calculating interest according to bank conditions is not always easy. The standard formula provides for a fixed amount of accrued interest and the amount of the deposit, which does not change throughout the entire term. The calculation is made as follows: deposit amount * deposit validity period * agreed percentage. For example: deposit amount - 100,000 rubles, time - six months, interest rate - 10% per annum. As a result, we get: 100,000 * 0.5 * 10% = 5,000 rubles of income.
The formula for the profitability of a deposit with capitalization includes a few more conditions. After all, now it is necessary to take into account the fact that the size of the deposit and interest increases slightly for each period of their accrual. In this case, you should calculate like this: N*(1+P*d/D/100)n-N, where
- N - the initial amount of the contribution;
- P is the interest rate;
- d - calendar days after which new interest is charged (usually 30 or 31 days);
- D - 365 or 366 days a year, depending on the current year;
- n - how many times interest will be calculated (if the capitalization period is 30-31 days, then this number will be 12).
Common mistakes when choosing a deposit
Typical opinions of the majority can sometimes lead to unpleasant situations. Banks try to play to get the maximum benefit from customers, so customers should be careful when choosing favorable conditions for themselves. After all, they are good for the bank and bring profit in any given variations.
First mistake. The proposal looks conspicuous and in all respects better than others. The interest rate is significantly higher than the market average. This is a signal to look at the bank itself. A positive development of events: a big holiday is on the nose and the bank attracts new customers with similar promotions. Negative option: the bank is unreliable and can collapse at any moment. His action plan is based on getting the maximum benefit from clients who want the same - big money in a short time. Then such organizations declare bankruptcy, and the depositors lose everything.
Advice: check each bank for presence in the system of the Deposit Insurance Agency. This organization returns the deposits of citizens in case of liquidation of banks. Initially dubious structures, as a rule, are not associated with it. Also on the AKB website you can see which banks have already been liquidated or are in the process.
Second mistake. You choose the maximum deposit term because it pays the most interest. The "pitfall" is that today the ruble exchange rate is not tied to the cost of oil. Its fall and rise cannot be predicted. In the event of a sudden weakening national currency banks will raise new interest rates, leaving existing deposits at the same level of payments. As a result, early termination of the contract will return you significantly less money, and without it it is impossible to transfer to the new deposit conditions.
Advice: if you want to take the maximum term, take the average. Preferably with interest capitalization. The term of the deposit must not exceed one year.
Third mistake. The terms of the deposit provide for a huge number of possibilities: withdrawal and replenishment of the account at any time, capitalization of interest and much more. Pay attention to the rate: it is clearly not the maximum. The presence of some advantages removes others.
Advice: prioritize before opening a deposit. Is interest capitalization important to you? What about monthly withdrawals? Is it really necessary to withdraw part of the invested funds ahead of time? Based on the responses received, choose a bank with only those additional offers that you really need.
Fourth mistake. Ignoring the achievements of civilization. Most major banks are transferring their services to the Internet format. There are even banks that operate entirely on the Net. As a result, it may turn out that if you open a deposit via the Internet, the interest rate will be significantly higher, and the minimum deposit will be lower than when opening in the office.
Advice: if you are afraid for the safety of data, always check the address of the page you are on. At the top there should be either a similar icon with a padlock (see below), or the inscription https in green.
This means that communication channels are encrypted and confidential. Also, two-factor authentication is used in monetary transactions: without SMS with an access code, you will not be able to deposit or withdraw funds.
Summing up
Bank deposits - for individuals. When choosing conditions, one should not always be tempted by a high interest rate. It is best to check the market for such offers and invest in a deposit on conditions corresponding to the highest level of offers. To avoid the risk of losing money, do not trust banks that you have not heard about before.
Also, initially decide what you want to receive from the deposit. Additional income guarantees the capitalization of interest. Choose realistic terms in which you will definitely not need this money. Early termination of the contract with the bank is fraught with the payment of a much smaller amount of money than was indicated in the contract.
