A good bank with the best interest on deposits

Everyone who plans to profitably invest their savings, it is important to know which bank is best for this. At present, a large number of financial institutions operate in Russia, which offer citizens various deposit programs. If potential investors consider that a good bank is the one with the maximum interest on deposits, then experts recommend approaching the issue in a comprehensive manner. A high rate does not guarantee that the client will make money on his investments. It is worth paying attention to the reputation of the bank, as well as the terms of cooperation.

How to determine the profitability of a deposit

Modern marketers use loud statements for promotions, and therefore very often you can see a video with a proposal to invest at very high interest. However, you should not hurry and invest your money in the first bank, where the income was promised 16% per year on the deposit. In fact, it might look different, for example:

• You need to invest several millions for several years;
• The rate of 16% is valid only for the first 3 months;
• The offer is available only to corporate clients.

No less important is the urgency of the contribution. As a rule, the best rates apply to long-term deposits. Any good bank has views on depositors 'money, and it is advantageous for it to hold customers' savings for longer, to put them into circulation and earn on it. As a result, for short-term deposits rates are less attractive than for deposits for several years. Experts argue that the best option for making a profit is to invest money for 1 year.

Capitalization of deposits

Another nice bonus for all who have cash deposits in banks is a quarterly or monthly capitalization (the process of adding to the total amount of the deposit of accrued interest for the past period). Thanks to this option, the client gets even more income, because the interest is charged for the entire amount of the deposit, which is constantly increasing. This parameter of the future deposit is not critical, because when you open an account for 12 months, capitalization will increase the deposit amount quite a bit. However, when you deposit about 2-3 million rubles and the term of the deposit for 24 months due to this option, you can get good dividends.

Operations on deposits

Considering the proposals of financial institutions and choosing which bank has good interest on deposits, it is worth paying attention to the possibility of making incoming and outgoing transactions on the account. Choose the program you need to meet your own goals. If the client wants to save money, then you need a program with the possibility of replenishment, and in case you need to have money for some personal expenses in the near future, it is better to open a deposit with the possibility of a partial withdrawal of funds from the account. Terms of the transaction should be studied carefully. As a rule, for withdrawing funds, banks significantly reduce the rate.

Types of deposits

Financial experts believe that the functionality of the deposit is directly related to the interest rate. For today the most popular product are term deposits. They are conventionally divided into:

• Calculated;
• Accumulative;
• Savings.

The largest percentage today can be obtained from savings programs. The fact is that such deposits can not be replenished and performed on them any expenditure transactions, and the time is always considerable. Any financial institution benefits from such deposits, so the rates on them are the most attractive, and the client receives interest only when closing the account.

Cumulative programs have a wide range of functions. On them, the client can receive interest monthly, there is a capitalization of the account and regular replenishment is provided. This option is especially beneficial for those who plan to save money. However, the interest on such a contribution will be lower. The settlement account will bring the least profit because of the lowest interest. In this case, the client is available to the account and deposit operations on the deposit.

Promotions and seasonal offers

As a rule, the most favorable rates for deposits to customers are offered on the eve of holidays, when a subsidiary is opened and other promotions. There are also seasonal offers, within which it is necessary to open a deposit up to a certain day. Such actions are needed by financial institutions to attract the target audience. As a rule, any good bank offers the most favorable conditions for clients under special programs.

Deposits in foreign currency

In Russian banks you can open a deposit not only in national currency, but in any other. And the proposals are not limited to dollars or euros, you can choose for your account, even the pound or the yuan of the Republic of China. This method of investment is characterized by low profitability. Such a contribution is beneficial to those who plan to spend their savings in the future without converting to rubles. Otherwise, you can lose a lot of money in the exchange of currencies.

Reliability of the bank

On the territory of Russia there is a huge number of financial organizations that give citizens the opportunity to open a deposit or use other products. Choosing in which bank it is better to take a loan or open a deposit, it is necessary to pay special attention to its reputation. As a rule, the loudest promises are given by those institutions whose position on the market is very shaky. Attraction of depositors is one of the ways to solve their own problems.

A good bank can not promise a deposit with a rate of 15% per year, since there is a certain order of prices and the rate can not vary more than within 0.5-2%. Before you trust your financial institution with your money, you should check its reliability.

Best offers of banks on interest

If the client chooses where to invest at the highest interest, then the following suggestions should be considered:

1. "Rentier". These are the proposals from "Credit Europe Bank" with a minimum amount on the account of 100 000 rubles. The rate is 10.75% per year.
2. "Solar". "Tempbank" offers citizens to open a deposit of 50 thousand rubles with a rate of 10.7%.
3. "Central". This program is an offer of "Centcombank". The minimum amount on the account is 10 thousand, the profit is 11.5% per year.
4. "Stability" from "Vneshfinbank". Within the program, you can open a deposit of 5 thousand rubles with a fixed rate of 11% per annum.