Every person of our time can hardly imagine the time when money was accumulated in glass banks, rather than in transparent and close to financial institutions. To date, there are enough reliable and prosperous organizations that offer various services, for example:
- Obtaining a loan;
- Registration of a credit card;
- Opening a card account;
- Registration of deposit.
The savings deposit with the possibility of replenishment is perhaps the most popular type of deposit among consumers. Therefore, it is used by many segments of the population.
What is good is a savings deposit with the possibility of replenishment
Not surprisingly, it is this type of monetary investment that is chosen by many. Because it gives an opportunity:
- Receive revenue from deferred funds. The savings deposit with the possibility of replenishment allows you to receive interest each month on the card or with a withdrawal at the end of the period.
- Also, opening a deposit, which can be replenished, gives a chance to collect the necessary amount for a large purchase, without keeping money at home or in a purse.
- When opening a deposit agreement, which can be increased, it is possible to make contributions of a fixed amount or that which the deposit holder deems necessary. This will help to put all free money into work.
- Also, the replenishable deposit will open the opportunity to collect money and improve its financial condition. After all, a person who has deposit deposits can afford to plan a further life.
What are the disadvantages of such savings
In general, deposits that can be increased in sum, there are no shortcomings. The only thing, if you made a bet on accumulative deposits with the possibility of replenishment and withdrawal, there is a temptation not to wait until the required amount is collected. Therefore, if there is a purpose to postpone a certain amount of money, it is better to open a bank instrument from which withdrawals can not be made. There is already need to look at the situation.
Savings deposits in different banks
Of course, various financial institutions offer their terms and interest rates on deposits. Also, each of them has a certain reputation. Here is the investor's business, which bank to give preference to.
Savings deposits with the possibility of replenishment in the Savings Bank
The bank offers interesting and loyal conditions for its customers. In this institution you can open a deposit in any currency (dollar, euro, Russian ruble). Each depositor independently chooses the conditions for the deposit depending on his needs. What can vary in the deposit:
- Term of placement.
- Deposit amount.
- Possibility of replenishment.
- Possibility of removal.
- Term of interest payment (monthly or at the end of the deposit period).
When it comes to a flexible deposit that can be replenished and partially withdrawn, the interest rate in Sberbank will be:
- In rubles - from 5.67 to 6.58%;
- In dollars - from 0.01 to 1.18%
- In euro - from 0,01 to 0,21%.
Of course, in strict deposits the rate is greater, nevertheless the possibility of replenishment opens the way to accumulation of the required amount of funds.
Cumulative deposits with the possibility of replenishment: "VTB 24"
This bank is the choice of many consumers of banking services. Therefore it is important to get acquainted with the deposits of this financial institution. Terms of variation of deposits are identical with those that are voiced in other banks, namely: the period, the amount, payment of interest, the ability to replenish or withdraw partially or completely. On average, depending on the selected conditions, the deposit to be added includes the following interest rates:
- In Russian rubles - from 5 to 8.6%;
- In US dollars - from 0.01 to 1.16%
- In euros - from 0,01 to 0,19%.
As you can see, the rates in different banks are approximately the same, so the most important thing is to choose the financial institution you trust.
Interest rates on accumulative deposits
In general, if you look at the statistics on banks, the savings deposit with the possibility of replenishment at the interest rate differs slightly. An exception could be a financial institution like a credit union or a small private company. Nevertheless, do not rush headlong to meet high rates. Such conditions, on the contrary, should arouse suspicion and doubt. Why high stakes? Maybe the bank urgently needs money or it takes high commission for credit products? If the second option, then you can post, and if the first one, you need to think about whether your funds will be safe in this institution.
It was information for thought. In the average statistical banks popular with the population, interest rates are roughly:
- In rubles - from 4.5 to 9%;
- In dollars - from 0,01 to 0,25%;
- In the euro - from 0.01 to 1%.
The choice, of course, is yours. And in order to choose the most profitable savings deposit with the possibility of replenishment, you need to carefully study the conditions of all financial institutions in which you are ready to place funds.
How it works
The scheme of replenishment of deposits is quite simple and understandable even for inexperienced depositors. A certain amount of money is deposited on the deposit account, this amount directly determines what the initial interest rate will be. In such a deposit there is a possibility to choose a fixed or unlimited number of monetary units that can be paid in a certain period. By the way, it is very convenient to use remote access to the account in your own online office. This will allow replenishment of the deposit, without having to visit the banking institution. Thus, you can save money, even being far beyond the city or country.
Interest from the deposit can be received every month, immediately sensing the profit, or at the end of the period, so that the amount of earned funds was more weighty. You can also vary the balance on the deposit account, for example, if necessary, you can withdraw money, and if not, then bring it back.
What alternatives are there to such preservation of money resources
Perhaps, there are no decent options that can replace the savings deposit with the possibility of replenishment. It is unreasonable to keep money at home. First, it is dangerous, and there is a risk of theft, and secondly, so the currency does not work. Keep your savings in the banking cell is kind of secure. Nevertheless, with this option, not that there is no income, but also additional costs, which must be paid monthly or every year for a safe in a financial institution.
Love your money, intelligently and deliberately deal with them, then all problems will be forgotten, a new, free life will begin.