Interest rates on deposits in various banks. Where are the highest rates on bank deposits
Even in a 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 make a profitable deposit for individuals. But which of the most reliable banks in Russia has the highest interest on deposits today? The agency's website specialists have analyzed the offers of the country's largest banks, having compiled an overview of deposits in rubles with favorable interest rates.
Individual deposits - a traditional way of investing money
There are many ways to invest money to generate passive income. You can buy a currency and wait for it to rise in price, you can make money in Forex, invest in a PAMM account, try to get 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. Individuals' bank deposits remain the most reliable and traditional way of investing in Russia today.
Choosing the most profitable investment: what to look for
When choosing a bank to entrust money to, depositors, as a rule, pay attention to at least two parameters:
- - the size of the interest rate, which allows you to choose the deposit with the maximum income;
- - the reliability of the bank, which allows you not to worry about the safety of your savings even during a banking crisis.
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 of deposits in Russian rubles for individuals in reliable banks.
What are the most profitable deposits in reliable banks in Russia today?
Each bank has its own line of profitable deposits for individuals with unique conditions.
In order to somehow bring the parameters of deposits in different banks "to a common denominator", 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 the largest Russian banks on deposits for a period of 12 months, since it is this investment period that is the most popular. They took 1 million rubles as the estimated amount. And they also tried to dismiss the so-called investment or complex offers with the obligatory investment of money - insurance, mutual funds or shares. As a result, we got the following list (check with banks for exact conditions and interest rates on deposits).
The most profitable deposits in reliable banks in Russia from the top 10
Credit Bank of Moscow
MEGA Online contribution
Deposit / Without partial withdrawal / Without capitalization / Interest at the end of the term
Bank FC Otkritie
Deposit "Reliable"
No replenishment / No partial withdrawal / Capitalization / Interest accrual 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
No replenishment / No partial withdrawal / Capitalization / Interest accrual monthly.
Post Bank
Investment "Capital"
No replenishment / No partial withdrawal / Capitalization / Interest monthly
Sberbank of Russia
"Save" deposit
Interest rate |
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Without replenishment / Without partial withdrawal / With capitalization / Interest accrual on a monthly basis in Moscow banks >>
The main types of deposits of individuals
Today banks in Moscow offer a large number of different types of profitable deposits for individuals. But all of them can be roughly 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 the account.
✓ replenished deposits of individuals. By opening such a deposit, the depositor can save money by replenishing the account, and at the same time the interest grows. However, it is impossible to withdraw funds from the account and not lose profitability.
✓ deposits with partial withdrawal of 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 previously agreed upon minimum balance, on the amount of which interest will be charged.
Of course, in any unforeseen situation, if you need money before the expiration date of the deposit, you can always get it, but the lost profit will be a pity. So, when you are going to make a deposit in the bank, it is better to decide in advance when you will withdraw money, so as not to lose income.
It can take a long time to look through all the profitable offers in the banks of Moscow. On the official websites of banks, there is no way to compare deposits with the offers of other organizations. Therefore, to search, it is better to use a service that helps you quickly familiarize yourself with the full list of options and their main conditions. A large selection of available deposits provides an opportunity not only to choose the option with the most favorable interest rate, but also to choose the optimal parameters for storing funds.
The section "Deposits of the month" allows you to quickly view the top products in Moscow with a high interest rate and a minimum amount of the first installment. Among them there are options with the possibility of replenishment and early withdrawal of the entire amount or part of it.
Benefits of our service
A convenient filter has been created on the site, which makes it possible to quickly and easily view all the profitable deposits available for registration in your city, as well as get an impression of the reliability and safety of working with a particular bank.
You can find the best deal in Moscow by one or several parameters at once. To do this, you can specify in the filter:
- minimum amount;
- currency;
- the term of the deposit agreement;
- additional opportunities for using the deposit.
The results of the issuance are arranged according to one of two possible principles - the interest rate or the rating. The rating is calculated by our site automatically, taking into account the main characteristics of the convenience and safety of working with the bank, such as:
- profitability of the deposit;
- bank reliability;
- availability of additional options;
- availability.
These characteristics give an idea of the bank even before you start working with it. You can independently set the sorting principle and quickly find the information you need on any of the products presented on our website.
Current offers
In the list of issuing current offers at the moment, the maximum percentages and conditions for cooperation are as follows:
- interest rate - up to 10.25%;
- the minimum deposit amount is from 1,000 to 500,000 rubles;
- storage time - from one to three years.
Among the available options are in rubles, dollars and euros, offers for retirees, as well as deposits with the possibility of replenishing the account and extending the contract.
Keep up to date
If none of the existing products in Moscow suits you, you can subscribe to our newsletter. Information on all new and current deposits, including short-term promotional and seasonal offers with favorable conditions, as well as the latest news and reviews of the economic situation in Russia and the latest events on the banking market, will be regularly sent to your e-mail address. This will allow you to be one of the first to issue a suitable deposit. To subscribe, just enter your e-mail in the appropriate field.
28May
Money is not only a tool for making settlements. They should not only be preserved, but preferably also. One of the most effective ways to increase the amount of savings are deposits. Many banking organizations offer them to open, of course, on different terms. How to choose deposits that are profitable for yourself, we will discuss today.
Contribution: concept and essence
A deposit is a certain amount of funds that you transfer to a banking organization in order to receive income in the form of interest. It is easy to become a depositor: you should conclude an agreement for placing money in rubles or another currency in a bank account.
Any citizen has the right to place a deposit for individuals, regardless of his social status and financial situation.
TOP-20 banks where you can open a deposit
We will analyze the conditions for opening deposits according to several criteria.
We also immediately note important information: all data regarding interest rates and opening conditions were obtained from the official websites of banking organizations. It can be changed, supplemented, this is the prerogative of banks.
Tinkoff Bank
- Minimum Contribution- 50,000 rubles;
- Minimum placement period- 3 months;
- Maximum placement period- 24 months;
- Minimum% rate – 5,5%
- Maximum% rate – 8,8%;
- Accrual%- to a deposit or, at the request of the client, to a card;
- Replenishment- regardless of time, via the Internet;
- Removal in parts- regardless of the time, as it is convenient for you.
Summary: ease of opening, the ability to withdraw and replenish the account at any time, quite a lifting amount of the contribution. The bank participates in the deposit insurance system, which we mentioned today. Of the pleasant bonuses, it can be noted that everyone who opens a deposit becomes the owner of a bank debit card. It is also possible to open a deposit in different currencies.
- Minimum Contribution- 1 ruble (depending on the type of deposit being opened);
- Minimum placement period- 30 days ("Save" deposit);
- Maximum placement period- 36 months;
- Minimum% rate – 3%;
- Maximum% rate – 7%;
- Accrual of% - occurs depending on the type of deposit;
- Replenishment - Maybe;
- Removal in parts- allowed.
Summary: the bank is undoubtedly reliable, stable, supported by the state. Participates in the deposit insurance system, you can open a deposit without visiting the office in person. At the same time, we note that interest rates leave much to be desired.
VTB 24
- Minimum Contribution- 200,000 rubles;
- Minimum placement period- 90 days;
- Maximum placement period- 60 months;
- Minimum% rate – 4,10%;
- Maximum% rate – 7,4%;
- Accrual% - every month;
- Replenishment - Maybe;
- Removal in parts- possible (deposit "Comfortable").
Summary: the amount of the first installment is large, not everyone can make it. The number of available deposits is small, but this can hardly be counted among the negative aspects. At the same time, there is an opportunity to withdraw funds ahead of schedule, as well as to replenish the deposit.
- Minimum Contribution- 10 rubles (deposit "On demand");
- Minimum placement period- depends on the type of deposit;
- Maximum placement period- depends on the type of deposit;
- Minimum% rate – 0,01%
- Maximum% rate- 8.75% ("Investment" deposit);
- Accrual% - every month;
- Replenishment - yes, for deposits "Managed", "Cumulative", "Pension income"
- Removal in parts- yes, for deposits "On Demand" and "Managed".
Summary: the amount of the initial payment is available to everyone, there are no restrictions on the terms of the deposit.
- Minimum Contribution- 1000 rubles;
- Minimum placement period- 3 months;
- Maximum placement period- 2 years;
- Minimum% rate – 7,25%
- Maximum% rate – 9,0%
- Accrual% - at your choice (every month or capitalization);
- Replenishment - Maybe;
- Removal in parts- not for all types of deposits.
Summary: not all deposits are available for replenishment, cash for withdrawal must be ordered several days in advance. Positive aspects: you can manage your deposit without visiting the office.
- Minimum Contribution- 100 rubles (for the Pension deposit);
- Minimum placement period- 90 days;
- Maximum placement period–1095 days;
- Minimum% rate - 0.01% (on demand deposit)
- Maximum% rate- 7.8% (on the "Vacation" deposit);
- Accrual% - at the end of the term;
- Replenishment - Yes;
- Removal in parts - only on the "Dynamic" deposit.
Summary: the bank is a member of the deposit insurance system, there is the possibility of personal consultation.
- Minimum Contribution – 10,000 rubles;
- Minimum placement period – 3 months;
- 2 years;
- Minimum% rate – 6,5%;
- Maximum% rate – 7,35%;
- Accrual% – daily, monthly;
- Replenishment - yes, it is possible;
- Removal in parts – yes, it is possible.
Summary: there is an increase in the rate when opening online, the bank is included in the deposit insurance system, a relatively small minimum contribution.
Bank opening
- Minimum Contribution – 50,000 rubles;
- Minimum placement period – 3 months;
- Maximum placement period – 2 years;
- Minimum% rate – depends on the type of deposit;
- Maximum% rate – 8%;
- Accrual% – Once a month (capitalization is available);
- Replenishment - Maybe;
- Removal in parts - possibly on the "Free Governance" deposit.
Summary: there is an opportunity to replenish the amount of the deposit, online opening is available.
Alfa Bank
- Minimum Contribution – 10,000 rubles;
- Minimum placement period – 3 months;
- Maximum placement period - more than 3 years;
- Minimum% rate – 4,5%;
- Maximum% rate – 7.2% on the "Pobeda +" deposit;
- Accrual% – every month;
- Replenishment - Yes;
- Removal in parts - Yes.
Summary: there is the possibility of receiving serious income, but for this you need to make a large amount of the minimum contribution, up to 3 million rubles.
- Minimum Contribution – 30,000 rubles;
- Minimum placement period – 1 month;
- Maximum placement period – 36 months;
- Minimum% rate – 5%;
- Maximum% rate – 8,5%;
- Accrual% – every month;
- Replenishment - yes, on the "Always at hand" deposit;
- Removal in parts – Maybe.
Summary: there is an opportunity to make a minimum contribution in several payments, there is a possibility of monthly replenishment.
- Minimum Contribution- 10,000 rubles;
- Minimum placement period – 1 month;
- Maximum placement period – 24 months;
- Minimum% rate – 6,0%;
- Maximum% rate – 9%;
- Accrual% – at the end of the contract;
- Replenishment - Yes;
- Removal in parts – Yes.
Summary: for opening a deposit via the Internet, 0.25% is added. It is possible to withdraw money and not lose interest.
UBRD
- Minimum Contribution – 1000 rubles;
- Minimum placement period – 6 months;
- Maximum placement period – 4 years;
- Minimum% rate – 5% (on deposits in gold and silver);
- Maximum% rate – 9%;
- Accrual% – every month;
- Replenishment - Yes;
- Removal in parts – available.
Summary: a small amount of the first installment, the choice of deposits is wide.
- Minimum Contribution – 1000 rubles;
- Minimum placement period – 90 days;
- Maximum placement period – 36 months;
- Minimum% rate – 7,4%;
- Maximum% rate – 8,3%;
- Accrual% - 1 time per month;
- Replenishment - Yes;
- Removal in parts – Yes.
Summary: the bank increases the rate on deposits for persons who opened it via the Internet and ATMs (+ 0.3%). Also, the percentage will be higher if you are a salary client or a pensioner.
- Minimum Contribution – 10,000 rubles;
- Minimum placement period – 366 days;
- Maximum placement period – 366 days;
- Minimum% rate – 6,3%;
- Maximum% rate – 8,10%;
- Accrual% – every month;
- Replenishment - Yes;
- Removal in parts – Yes.
Summary: we see that the minimum contribution is small, it is possible to withdraw and replenish deposits, and% can also be received every month.
- Minimum Contribution – 1000 rubles;
- Minimum placement period – 6 months;
- Maximum placement period – 36 months;
- Minimum% rate - 7,0%;
- Maximum% rate – 8.22% (if you deposit 3 million rubles);
- Accrual% – Once a month or at the end of the term;
- Replenishment - Yes;
- Removal in parts – no.
Summary: opening in rubles and in foreign currency is available, you cannot partially withdraw money, but at the same time you can replenish the entire line.
- Minimum Contribution – 5000 rubles;
- Minimum placement period – 6 months;
- Maximum placement period – 1 year;
- Minimum% rate – 7,5%;
- Maximum% rate – 8.25% (Capital);
- Accrual% – every month, every quarter;
- Replenishment - Yes;
- Removal in parts – Yes.
Summary: the bank's website contains information that deposits are accepted only in rubles, in addition, you can get an increased% if you open a deposit via the Internet. It is permissible to close the deposit ahead of schedule and not lose the accrued%.
- Minimum Contribution – 5000 rubles;
- Minimum placement period – 1 month;
- Maximum placement period – 24 months;
- Minimum% rate – 6,5%;
- Maximum% rate – 8,6%;
- Accrual% – everyday (if the deposit "On demand" is open);
- Replenishment - Yes;
- Removal in parts – Yes.
Summary: you can replenish open deposits and withdraw part of the funds.
Bank "Ugra
- Minimum Contribution – 100 rubles;
- Minimum placement period – 61 days (for the "Special Client" deposit)
- Maximum placement period – 36 months;
- Minimum% rate – 6%;
- Maximum% rate – 10%;
- Accrual% – 1 time per month;
- Replenishment - Yes;
- Removal in parts – Yes.
Summary: deposits can be replenished and withdrawn money in parts, initially you can make a small amount.
Uralsib Bank
- Minimum Contribution – 1000 rubles;
- Minimum placement period – 90 days;
- Maximum placement period – 36 months;
- Minimum% rate – 6,1%;
- Maximum% rate – 9,0%;
- Accrual% – every month;
- Replenishment - Yes;
- Removal in parts – Yes.
Summary: the banking institution offers a wide range of deposits, there is plenty to choose from.
- Minimum Contribution – 30,000 rubles;
- Minimum placement period – 91 days;
- Maximum placement period – 720 days;
- Minimum% rate – 6,5;
- Maximum% rate – 8,5%;
- Accrual% – every quarter, at the end of the term;
- Replenishment - acceptable;
- Removal in parts – Yes.
Summary: the bank offers a fairly wide choice, when you open it in the Internet bank, the percentage is slightly higher.
Comparison table for all banks
Banking institution | Maximum on deposit | Opening contribution | Withdrawal / deposit options |
10% | 100 rubles | Yes Yes | |
9% | 1000 rubles | Yes Yes | |
UBRD | 9% | 1000 rubles | Yes Yes |
9% | 1000 rubles | not for all deposits | |
Promsvyaz bank | 9% | 10,000 rubles | Yes Yes |
Tinkoff Bank | 8,8% | 50,000 rubles | Yes Yes |
8,7% | 10 rubles | Yes Yes | |
8,6% | 5000 rubles | Yes Yes | |
Russian Standard / Sovcombank | 8,5% | 30 000 / 30 000 | Yes Yes |
8,3% | 1000 rubles | Yes Yes | |
8,25% | 5000 rubles | Yes Yes | |
Home Credit Bank | 8,22% | 1000 rubles | no Yes |
8,1% | 1000 rubles | Yes Yes | |
Bank opening | 8% | 50,000 rubles | Yes Yes |
7,8% | 100 rubles | Yes Yes | |
VTB 24 | 7,4% | 200,000 rubles | Yes Yes |
7,3% | 10,000 rubles | Yes Yes | |
Alfa Bank | 7,2% | 10,000 rubles | Yes Yes |
7,0% | 1 ruble | Yes Yes |
In the next part of our conversation, we will consider how to properly compare the contributions.
How to compare different contributions
It is clear that the most important indicator for comparison, most people consider the interest rate. But no less important are the indicators that we have already examined in the table above: the ability to withdraw money and replenish the account.
The level of income that you receive on the deposit primarily depends on the rate. If you open a deposit in foreign currency, you will receive less income, if in rubles – more. Interest rates on foreign currency deposits are always lower than on ruble deposits.
Separately, we note that at present, it is becoming increasingly popular to open deposits without visiting a bank office, online or through an ATM. Some banks offer a slightly higher percentage than the standard for such an opening. We have already written about this in the article.
If you read the recommendations of various experts, they note that you should not give priority to such an indicator as the interest rate when choosing a deposit. It so happens that their high level hides a big risk or completely unfavorable conditions. The rate indicated in the advertisement – in fact below.
There is one more criterion for comparison: the size of the minimum and maximum contributions. It cannot be said that it plays a large role, but it is worth paying attention to it, since the minimum contribution is associated with expenditure transactions. In simple terms, this means that if you withdraw funds in part, this amount must remain in the account.
You cannot withdraw more than this amount, you will lose everything that was credited. This is especially important for depositors who have small amounts of funds, invest them in order to withdraw the maximum at any time.
Purposes of placing deposits
It would seem that there is nothing complicated: you open a deposit in order not to lose money, save it, and also increase its amount. But there are a number of other goals as well. Let's talk about them.
1. Make money.
Do not be surprised, it is quite possible. Banking organizations often carry out actions of a different nature. If the circumstances go well, you can get additional income.
2. Get benefits.
Let's take one of the largest banks in the Russian Federation as an example. It has the following condition: for a person who opens a deposit for a certain amount, preferential terms for mortgage lending will apply. Imagine, there are not so few people willing.
3. Protect your money from inflation.
If you have set yourself such a goal, then you can choose almost any type of contribution - they will all help with this. Keeping money in a box at home is not the best option, sooner or later inflation will eat it, and no one is immune from thieves.
4. Save up for a large purchase.
We all know that there are people who don’t have money in their pockets. They say about such people: give him a million, he will spend it in 2 hours. As a result, it turns out that money is needed for something really serious, but it is not.
In this case, a bank deposit comes to the rescue. Moreover, it is better such that it was impossible to withdraw money ahead of schedule. Then it will work out.
Now let's talk in more detail about what deposits are generally available and how they are classified.
What are the deposits
To attract a large number of customers, banking organizations are constantly expanding the range of deposits, adding more and more. We will now consider the most popular types of deposits for us - ordinary people.
All deposits can be roughly divided into 2 categories: urgent and poste restante. Urgent deposits are opened for a specific time, demand deposits do not have a specific term.
Savings.
It should be noted that the highest rates are for this group. In addition, it is not always allowed for such deposits to withdraw money, as well as deposit funds into the account.
Estimated.
Thanks to the presence of such a contribution, you can control your finances, manage your savings. Such a contribution is also called universal.
Accumulative.
Provided for such clients who plan to carry out its replenishment throughout the entire term of the deposit. They are most often used by people who save up for expensive purchases.
Special.
These are deposits that are offered to certain groups of clients. This includes deposits for students, retirees, and so on.
By seasons.
Timed to coincide with a certain season. They often have quite high rates, but there is no possibility of prolongation.
Mortgage.
Designed for those who want to save up on their own for a down payment on a mortgage. They can be replenished, but they cannot be automatically renewed.
Part of the funds or the entire amount immediately after the end of the contract will be used to pay the mortgage payment. Now in the Russian Federation, such a deposit is not found in all banking institutions.
Indexed.
This contribution is classified as urgent and is tied to the change in the value of an asset. An asset can be the dollar rate, securities, precious metals, and so on.
Multicurrency.
The meaning of such a deposit is that funds are stored in different currencies: most often they are rubles, euros and dollars. There is, of course, the opportunity to store money in more exotic currencies, but this is not common.
The main advantage of this type of deposit is the ability not to lose profitability and transfer funds from one currency to another. This is called conversion. A commission, as a rule, is not taken for it, but the rates here are lower than for other types of deposits.
Baby.
They are opened in the name of a child who is not yet 16 years old. The contribution is targeted.
Numbered.
A person deposits funds on it only in cash. When opening such a deposit, the client can count on the complete anonymity of his account.
How to choose a bank to place a deposit
The choice of a banking organization, which you can entrust money and not be afraid of losing it, will take a decent amount of time.
To make this task a little easier, here are some guidelines:
- Don't neglect other people's reviews. Check them out, it certainly won't be superfluous. Just pay special attention to those that are presented on the network as a whole, and not on the official websites of the banking organization.
- Study the information in the media for publications about the bank in a negative way.
- When visiting the bank, clarify how interest rates work on deposits: if they are too high, this is a reason to be wary;
- You can use the information posted on the Banki.ru portal. The positive side here is that all the data on the site is presented in simple language, you do not need to be an expert in the field of economics to understand the topic;
- Find out if the bank has branches and branches;
- An important criterion for choosing is the bank's participation in the state deposit insurance system. This information is freely available on the Internet, it will not be difficult to find it.
- On the official website of the Central Bank of the Russian Federation, you can view information related to the reporting of banking organizations. Here the only drawback is that it is difficult for an ordinary person to understand it; the help of a specialist is required.
- An important indicator is the amount.
- You can ask about the bank's ratings, they are published by special agencies. Of course, it is difficult to keep track of them, but it is quite possible to use it as additional information.
- An indirect sign that the bank is not doing well is frequent failures in various operations.
The mistakes we make when choosing a bank
Not always a potential depositor can adequately assess the reliability of the chosen banking organization.
Mistakes, by the way, are the most commonplace ones:
- Choosing the highest deposit rate... This is dictated by the desire to increase the amount of their funds. If this is all your goal, you are better off using another financial instrument. Very high rates should not attract, but repel the client. Their presence is an indicator that the bank needs funds, it has financial difficulties.
- Excessive trust in bank specialists... Even if the employee speaks convincingly and beautifully, his words should be supported by something. Stable and reliable institutions provide clients with all the information in the public domain.
- Opening a deposit in a servicing banking organization... Often, depositors entrust their funds to the bank in which they receive salaries or other types of permanent payments. It is convenient, but you do not need to carry all the money to one institution, it is better to distribute it among several.
- Following unverified guidelines... The experiences of your friends and family are important, but don't blindly follow. They are most often based on the opinion of a particular person, and not on the actual state of affairs.
Summing up a small summary, I would like to say that the choice of a banking organization should be approached with increased attention and thoroughness. It is better to spend time looking for the most suitable bank for you than to risk your money savings.
State deposit insurance
Thanks to the introduction of this system, a person can get his money back, even if the bank is recognized or his license has been revoked.
In 2017, deposits up to RUB 1,400,000 were insured. If you have open deposits in several banks and all these credit organizations have gone bankrupt, you will receive 1,400,000 from each.
This program also applies to deposits made in foreign currency. The amount in this case will be calculated at the rate that is valid on the date of revocation of the license from the bank. The recalculation is carried out in rubles.
Reasons for refusal to open a deposit
A banking organization, without stating the reason, may refuse to open a deposit for a client.
This does not happen often, and the reasons may be of the following nature:
- Client under 14 years old;
- The client does not have the opportunity to present a passport or other document that will prove his identity;
- A citizen of another state who cannot confirm his right to stay on the territory of the Russian Federation wants to open a deposit.
In the next part of our article, we will take a closer look at 20 banking organizations that have already proven themselves to be reliable. People trust them with their money without fear for their safety. We propose to analyze the lines of deposits that these institutions offer, and then draw a conclusion in which bank it is better to open a deposit.
Personal income tax and deposits of individuals
Most of the deposit programs do not require payment. The tax will be charged only if the level of income exceeds that established by law. But this year, banking organizations have lowered rates on deposits due to the fact that insurance rates have increased. This means that there is no need to expect a high level of profitability.
You may ask: do you need to pay something or not? Let's answer this way: this direction of payments is practically not controlled. If you receive a payment notification, of course make the payment. But if you have not been notified about this for 3 years, you can not pay.
Deposit interest: how to calculate
To begin with, we immediately note that you should not completely trust the amount of interest on the deposit, which is indicated in the advertisement of the banking organization. Before entrusting your hard earned money to the bank, try calculating the interest yourself. You may find it difficult, but we will try to explain in the simplest possible way how to do it.
First of all, you should not completely trust the calculation of the deposit calculator.
They will not show a real result, because:
- Their functionality is scarce, the calculator does not take into account all the details. Therefore, you can refuse to use it and try to calculate everything manually.
- Calculate everything before you decide on the bank and type of deposit. This is necessary for evaluating and comparing different offers.
- If you have any questions, please contact the bank's consultants, they will clarify all the necessary points.
And now let's move on directly to terminology and calculations.
Interest on deposits is calculated in two ways: by the formulas of compound or simple interest. The key parameter in both cases is the interest rate on the deposit.
The concept of% on a deposit is understood as the amount that the bank pays to its client for the use of his money.
The amount of the rate is usually prescribed in the contract, indicate it as a percentage per annum. The rate can be floating or fixed.
If we are talking about a simple method of calculating%, then they are not added to the deposit amount, but transferred to the depositor's open account.
In the second option, the income that is accrued is added to the body of the deposit, it turns out that its main amount has increased, which means that the total profitability is also growing.
Formulas
We calculate interest in the case of simple accrual:
S = (P x I x t / K) / 100, where:
- S - accrued%;
- P is the amount you deposit;
- I - the rate on the deposit for the year;
- t - number of days for which% will be counted;
- K - number of days per year (don't forget about leap days).
Example. Citizen O. opened a deposit in the amount of 200,000 rubles, for a period of 12 months, at 9.5% per annum. The accrual of% is simple. After the end of the term of the deposit, the income of O. will be: (200,000 * 9.5 * 365/365) / 100 = 19,000 rubles.
If a complex interest calculation is implied, the calculation will look like this:
S = (P x I x j / K) / 100, where:
- S - accrued%;
- P is the amount you deposited;
- I -% on the deposit for the year;
- j is the number of days in the billing period;
- K is the number of days in a year.
Example. Citizen O. opened a deposit in the amount of 200,000 rubles, for a period of 6 months, at 9.5% per annum with capitalization. After the end of the term of the deposit, the income of O. will be: (200,000 * 9.5 * 180/365) / 100 = 9369 rubles. (for 6 months).
Currency contribution: nuances
Under the current economic conditions, depositors prefer to keep part of their money in foreign currency. If you are ready to open such a deposit, then remember: if the bank loses its license, the amount of the deposit will be paid to you in rubles.
In addition, there is one more subtlety: the DIA starts insurance payments 14 days after the license is revoked from your bank. And during this time, the exchange rate may rise, so you may lose some amount.
What are the risks of depositors
This is an important question that cannot be left unanswered. After all, everyone knows very well that any coin has two sides: positive and negative. We have already talked about the advantages of opening deposits, now we will discuss the possible risks.
The most common are the following:
- The banking organization was declared bankrupt;
- Personal income tax payment;
- Increase in rates for long-term deposits;
- Liquidity risk;
- Reinvestment risks.
And now a little more detail.
The bank was declared bankrupt.
To somewhat reduce the possibility of such a situation, place your savings in different banking organizations, in amounts not exceeding 1,400,000 rubles. If something happens to the bank, the state will return the money to you.
Personal income tax payment.
This will have to be done only if the rate on your deposit is 5% higher than the refinancing rate. Then you will have to pay, and in the amount of 35% of the excess amount.
Increase in rates for deposits opened for a long time.
If you open a deposit at 9% per annum, for a period of 36 months, and after a year the rate becomes 12%, you will lose 3% of your income.
Liquidity.
This risk arises if you terminate the term deposit agreement ahead of schedule. It is better to open a deposit where funds can be partially withdrawn.
Reinvestment risk.
Let's say you opened a deposit for 6 months, at a rate of 10%. You plan to reinvest these funds. But after 6 months the rates dropped and now you can get only 8% per annum.
To minimize risks, choose a bank carefully.
Fraudulent transactions related to deposits
Recently, the revocation of licenses from banking organizations is a regular matter. But the problem is also that 27 thousand people have applied to the Deposit Insurance Agency with statements that people cannot receive a refund of their funds. As it turned out, there were fraudulent actions with deposits by banks.
What is the essence of such a fraud? It turned out that banking organizations were stealing funds from the accounts of their depositors. Double-entry bookkeeping was carried out, and the person did not even know that he had been robbed. In accounting, the data that the deposits were opened were either not indicated at all, or in a greatly reduced amount: instead of 500,000, only 50 rubles were reflected.
After the licenses were revoked, depositors were faced with the fact that there was no money in their accounts, there was nothing to reimburse.
How to protect yourself from such manipulations? Unfortunately, this is 100% impossible to do. But we recommend that you be sure to keep all the documents in the original: orders confirming transactions, agreements on opening deposits, and so on. And act actively, do not expect the situation to normalize itself.
Follow this algorithm:
- Contact the banking organization with an application for insurance compensation, attaching the documents that you have in your hands;
- The application from the bank is forwarded to the Insurance Agency;
- The agency registers it and reviews it;
- If the decision is positive, amendments will be made to the register of payments;
- As a result, you will receive your money in full.
Of course, this procedure will make you waste not only time, but also nerves. Although, most likely, the outcome will be positive.
You can also advise to place deposits in banks that are among the largest. This somewhat reduces the risk of license revocation and fraud. But this is a personal matter for everyone, we will not impose anything.
Conclusion
So, our dear readers, now you know how to choose a suitable bank and open a deposit in it. If you place your funds successfully, you will not only save money, but also get income. The main thing is to choose a bank wisely, and it is best to place funds in several stable banking institutions.
Why deposits with monthly interest withdrawals are profitable today
Many today talk about the need to create so-called "passive income". Deposits with monthly interest is one of the forms of obtaining such income.
They are also called "rental", because in their principle of action they are similar to making a profit from renting an apartment.
To get a decent income every month, you need to invest a large amount at once. Therefore, when choosing a bank for such a deposit, it is important to take into account not only the interest, but also the reliability of the investment.
What are the most profitable deposits with monthly interest payments today?
In this review, the site's correspondents have collected the most profitable deposits with monthly interest payments, which are offered by the most reliable banks in Russia. The rating includes deposits in the amount of 1 million rubles and more for a period of 1 year.
Deposits with monthly interest withdrawals in top-10 banks
"Simple and profitable" deposit
Deposit / Without partial withdrawal / Without capitalization /% monthly
Contribution "Permanent income"
Deposit "Profitable"
No replenishment / No partial withdrawal / Capitalization /% monthly
Contribution " Save»
No replenishment / No partial withdrawal / Capitalization /% monthly
Contribution "For Life"
Post Bank
Deposit "Profitable"
Deposit / Without partial withdrawal / Capitalization /% monthly
Deposit calculator
Who benefits from deposits with monthly interest withdrawals?
The longer the term of the deposit, the greater the difference in profitability on deposits with capitalization and interest payments to the account. Banks' offers with interest payments to another account, that is, without capitalization, are interesting to those who want to use the income from the deposit to finance their current expenses, - explains Anastasia Gileva, manager of the Absolut-Bank operational office in Ufa.
Are deposits with monthly interest withdrawals insured?
Yes. Individuals' funds in the bank in deposits and on accounts, including foreign currency, are subject to insurance. The maximum amount of compensation for deposits today is 1,400,000 rubles.
If the deposit is placed in US dollars or Euros, the amount of compensation is calculated and paid by the DIA in rubles at the rate set by the Bank of Russia on the day of the insured event.
You can check whether an institution is included in the deposit insurance system on the websites of the Bank of Russia (www.cbr.ru) and DIA (www.asv.org.ru), as well as on the DIA free hotline 8-800-200-08-05 ...
Conclusion: deposits with monthly interest payments or capitalization?
Deposits with monthly interest can be of two types: with capitalization or payment of income to a separate account.
✓ Deposits with capitalization are beneficial because the real profitability on them is higher due to a constant increase in the amount of the deposit due to the accrual of interest.
✓ Monthly payment of interest is necessary for those who plan to spend income from the deposit. This is an alternative to earning passive income from renting out real estate. As a rule, money is transferred to a separate account or card so that it is convenient to withdraw it, says Viktor Davidenko, an expert on the site for deposit programs.
Note that the above conditions and interest rates of deposits for individuals are not a public offer, and cannot serve as an indication for choosing a specific deposit. This list is not a basis for unambiguous conclusions about the reliability and (or) financial stability of these banks. The editors of the site do not bear any responsibility for the consequences of any interpretations of this review and decisions taken on its basis.
In the largest city of Russia - Moscow - the maximum number of banks is represented: according to various sources, from 450 to 470, including representative offices and branches of regional financial and credit institutions. The investment options offered to them are simply a huge amount. If you look for high-interest deposits in banks in Moscow today, the first 20 banks are not necessarily the largest institutions. They just give a slightly below average profitability, since they have sufficient capital for investment. Smaller organizations, on the other hand, are actively engaging customers by offering interesting offers and various investment options.
Which bank should you prefer?
Naturally, you shouldn't go to the first bank that comes across offering a sufficient percentage. It should be analyzed by at least several parameters:
- founders and partners - it may well turn out that people who are hardly worth trusting are at the helm;
- the financial condition of the bank - it can be traced according to reports published on the website of the Central Bank, special attention should be paid to the ratio of assets and liabilities, the profit received for the reporting period and the size of the authorized capital (the more, the better);
- position in international and national ratings, including "people's" (on the sites banki.ru or sravni.ru);
- availability of insurance - if the deposits are insured with the DIA, then if the bank's license is revoked, the clients' funds are not in danger.
You should not look only for profitable deposits in Moscow banks today - you need to pay attention to their features, which will help you draw up the right investment strategy:
- term of the deposit;
- is early withdrawal possible and on what conditions;
- procedure for payment of interest;
- the presence or absence of capitalization;
- the possibility of replenishment;
- Does the interest increase with the increase in the amount of savings, etc.
The highest rates on deposits in Moscow banks for today: the first 20
Among the many banks in the capital, the 100 largest were selected, out of the deposits they offer, the 20 most profitable were selected. Other selection criteria:
- currency - ruble;
- the minimum amount is 100,000;
- term - at least 1 year.
These parameters helped to select the highest deposit rates in Moscow banks for today, which are listed in the table (if one bank offers two or more deposits, the most profitable was included in the rating).
Bank's name | Contribution name | Bid | Minimum amount | Interest calculation procedure | Replenishment | Withdrawal |
---|---|---|---|---|---|---|
Tavrichesky | Festive | 12.3 | 50000 | Monthly, capitalization | Yes | No |
Novikombank | Favorite | 12.25 | 10000 | At the end of the term | No | No |
International Bank of St. Petersburg | Capital | 12.2 | 50000 | At the end of the term | No | No |
Promsvyazbank | Premium | 12 | 3 | At the end of the term | Yes | Yes |
Vanguard | Passbook | 12 | 100000 | At the end of the term | No | No |
BFG-Credit | Loyal | 11.75 | 100000 | At the end of the term | Yes | No |
BFA Bank | Contribution No. 1 | 11.25 | 30000 | Monthly, capitalization / withdrawal to the account | No | No |
Peresvet | Rational | 11.2 | 30000 | At the end of the term | Yes | Yes |
Transcapitalbank | Growth time. Spring | 11.16 | 20000 | Quarterly | No | No |
Globex | Accurate calculation online | 11.15 | 100000 | At the end of the term | No | No |
Trust | Our people | 11.1 | 30000 | At the end of the term | No | No |
Investtorgbank | Fabulous percentage | 11.07 | 50000 | Quarterly | No | No |
Credit Bank of Moscow | All inclusive Online | 11 | 1000 | At the end of the term | No | No |
Credit Europe Bank | Urgent | 11 | 3000 | At the end of the term | No | No |
MetallinvetBank | Maximum income | 11 | 10000 | At the end of the term | No | No |
Uniastrum Bank | Large percentage | 11 | 20 000 | At the end of the term | No | Yes, within the minimum |
Finprombank | My conditions | 11 | 30000 | Monthly, capitalization | Yes | No |
Military Industrial Bank | Spring Story | 11 (growing) | 50000 | At the end of the term | Yes | No |
Center-Invest | Grow big | 11 | 50000 | Annual capitalization | Yes | No |
Education | Base | 11 | 100000 | At the end of the term | No | No |
TOP-50 foreign currency deposits in Moscow banks at the maximum interest rate
In connection with the depreciation of the ruble, many clients have aroused interest in foreign currency deposits. At the same time, Russians invest not only in buying dollars and euros., but exotic currencies - pounds, francs, yens, Australian dollars - are also gaining popularity, recently the yuan and the "Canadian" are gaining popularity. However, the most popular is still the US dollar.
- currency - dollar;
- amount - from 1,000;
- term - at least 1 year;
- bank - one of the 200 largest.
It should be noted that some deposits in foreign currency in Moscow banks at a maximum interest rate in the TOP-50 are included in the multicurrency deposit, which will be marked accordingly if it is not clear from the name of the deposit. It will not work for such deposits to invest only in the dollar, it will be necessary to purchase rubles and euros (or other currencies stipulated by the agreement) in a minimum amount.
Bank's name | Contribution name | Bid | Minimum amount | Interest calculation procedure | Replenishment | Withdrawal |
---|---|---|---|---|---|---|
Tavrichesky | Urgent | 3.8 | 1000 | Monthly, capitalization | Yes | No |
Globex | Accurate calculation online | 3.35 | 200 | At the end of the term | No | No |
B&N Bank | Standard | 3.2 | 100 | Monthly | No | No |
Ugra | 25 years of reliability | 3.1 | 500 | Monthly | Yes | Yes |
Promsvyazbank | Premium | 3 | 3 | At the end of the term | Yes | Yes |
Globex | Rentier online (multi) | 3 | 300 | Monthly | Yes | Yes |
Novikombank | Favorite | 3 | 300 | At the end of the term | No | No |
BFA Bank | Contribution No. 1 | 3 | 500 | Monthly, capitalization | No | No |
B&N Bank | Maximum percentage | 2.9 | 300 | At the end of the term | No | No |
Trust | Our people | 2.9 | 500 | At the end of the term | No | No |
Trust | Generous interest | 2.9 | 500 | At the end of the term | No | No |
Tavrichesky | Multicurrency | 2.8 | 710 | At the end of the term | Yes | No |
Finprombank | My conditions | 2.8 | 1000 | Monthly, capitalization | Yes | No |
Ugra | Multicurrency basket | 2.8 | 1000 | At the end of the term | Yes | No |
Credit Europe Bank | Urgent | 2.75 | 100 | At the end of the term | No | No |
Loco-bank | Spring is positive (multi, dollar + euro) | 2.75 | 300 | At the end of the term | No | No |
Globex | Online bonus | 2.7 (growing) | 200 | At the end of the term | Yes | Yes |
MDM Bank | Maximum percentage | 2.7 (growing) | 300 | At the end of the term | No | No |
B&N Bank | Monthly income | 2.65 (growing) | 300 | Monthly, payment to the account | Yes | No |
Trust | Multicurrency 2016 | 2.65 | 500 | At the end of the term | Yes | No |
Ugra | Growing income | 2.63 | 1000 | At the end of the term | Yes | No |
SMP Bank | Maxima | 2.6 (growing) | 50 | Monthly, capitalization | Yes | No |
Investtorgbank | Optimal | 2.6 | 100 | At the end of the term | Yes | No |
Promsvyazbank | My gain | 2.6 (growing) | 300 | At the end of the term | No | No |
Military Industrial Bank | Spring Story | 2.6 (growing) | 1000 | At the end of the term | Yes | No |
Finprombank | Practical | 2.6 | 1000 | At the end of the term | Yes | Yes |
Peresvet | Knight | 2.6 | 1000 | Monthly | Yes | Yes |
All-Russian Regional Development Bank | Smart money | 2.5 | 1 | At the end of the term | Yes | No |
Raiffeisenbank | Triple benefit (multi) | 2.5 | 1 | At the end of the term, annual capitalization | No | No |
Home Credit Bank | Profitable year | 2.5 | 100 | Monthly, capitalization | Yes | No |
OTP Bank | Cumulative | 2.5 | 300 | At the end of the term | Yes | No |
Ural Bank for Reconstruction and Development | Cumulative | 2.5 | 300 | Daily | Yes | No |
BFA Bank | Accumulation strategy | 2.5 | 500 | Monthly | Yes | No |
Metallinvestbank | Maximum income | 2.5 | 1000 | At the end of the term | No | No |
Trust | Retirement income | 2.45 | 100 | At the end of the term | Yes | Yes |
St. Petersburg | Online deposit | 2.4 | 100 | At the end of the term | No | No |
Education | Base | 2.4 | 200 | At the end of the term | No | No |
B&N Bank | Multicurrency | 2.4 | 410 | At the end of the term | Yes | No |
Finservice Bank | Comfortable | 2.35 | 1 | Monthly, capitalization | Yes | No |
Credit Europe Bank | Cumulative | 2.35 | 100 | At the end of the term | Yes | Yes |
Rosselkhozbank | Classic online | 2.35 | 100 | At the end of the term | No | No |
MDM Bank | MDM - The Magnificent Seven | 2.35 | 1000 | At the end of the term, capitalization daily | Yes | Yes |
Military Industrial Bank | Comfortable | 2.3 (growing) | 100 | At the end of the term | Yes | Yes |
BFG-Credit | Classical | 2.3 | 300 | At the end of the term | Yes | No |
Absolut Bank | Absolute maximum + | 2.3 | 1000 | At the end of the term | No | No |
Orient Express Bank | Oriental | 2.25 | 500 | Monthly, capitalization | No | No |
Renaissance Credit | Renaissance Lucrative | 2.25 | 500 | At the end of the term | No | No |
Tinkoff Bank | Smart Contribution | 2.25 | 1000 | Monthly capitalization | Yes | Yes |
Moscow Industrial Bank | Classical | 2.25 | 1000 | At the end of the term | No | No |
Education | Maximalist | 2.2 | 100 | Monthly, capitalization | Yes | No |
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