Deposit "Seasonal" in VTB 24: deposit reviews for individuals, conditions

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

When free money appears, every person has a natural question: how to use it so as not only not to lose money, but also to increase it? This article discusses such a way of investing money as the contribution of an individual.

Deposit is a way to increase money

Bank deposits, and in particular deposits, are a reliable source of income for individuals. If a person has money, and he keeps them “under his pillow”, then every year the purchasing power of the available amount will decrease. This is due to the inevitable annual process of inflation. Every year prices for goods and services rise, and the amount of money stored at home remains at the same level.

One of the ways to increase them can prevent the "burning" of money by inflation. For example, the owner of free cash or non-cash means of payment can invest them in construction, business and other industries. However, every investment comes with certain risks. If an inexperienced person in this area is going to invest, then in this case the risk of suffering from the hands of scammers, making a deal with an unsuccessful project increases byrepeatedly. What about the population, whose knowledge of the financial markets is not so deep?

An excellent choice is a bank deposit. Income on deposits, as a rule, is up to 10% per annum, it covers the annual inflation rate. However, a bank deposit, the amount of which is not more than 1,400,000 rubles, is insured by the state, so that the depositor does not risk losing the money invested. In the event of a crisis or a declaration of bankruptcy of a bank, a client with an open deposit of up to 1,400,000 rubles will be guaranteed to return the money invested.

Basic parameters of bank deposits

When choosing the optimal product, as well as the bank itself, the client should take into account the following deposit conditions:

• deposit rate and term;
• deposit currency;
• opportunity to deposit additional funds to the account;
• early withdrawal of money and closing of the deposit;
• presence of interest capitalization;
• design method.

The interest rate refers to the client's income and is expressed as a percentage per year. As a rule, banks prefer to issue deposits for long periods, due to which the interest rate increases depending on the term of the deposit. However, if for some reason the depositor closes the deposit ahead of schedule, then in such a situation the rate under the agreement changes to the base rate, which is several times less than the originally established one.

The term of the deposit is of two types: perpetual and urgent. A termless deposit provides for the possibility of replenishment with cashfunds, and in most cases it is allowed to withdraw money from the account without reducing the interest rate, which, as a rule, is less than for term deposits. A term deposit involves investing money for a specific period at a higher interest rate.

Deposits can be made in rubles, dollars, euros and other currencies.

If it is possible to regularly replenish the deposit, you should choose a product for which it is acceptable to add funds to the account.

If the depositor's financial situation is unstable at times and depends on external factors, then perhaps you should choose a product that provides for early withdrawal of money.

Capitalization is the addition of interest accrued for a specific period to the deposit amount for subsequent increase and is an important parameter of any deposit.

Making a deposit is possible with a personal visit to any of the bank branches with the necessary documents or remotely. An example of remote registration is the VTB 24 "Seasonal" deposit. Customer reviews indicate that there are no problems with remote registration of a deposit using the Internet.

Why a bank?

Today, for individuals with free money, there are many financial instruments available to increase money. For example, investing, purchasing securities, buying and then selling foreign currency, investing money in credit institutions and banks.

As already mentioned, a bank deposit is the safest way to save money, as well as increasethem in quantity.

In the financial markets, inexperienced users are more likely to stumble upon scammers in one industry or another. Successful work with securities and currencies requires knowledge, and better - experience and practice.

Deposits provide primarily for the safety and security of funds. It must be remembered that in accordance with the Federal Law of December 23, 2003 No. 177-FZ, deposits in banking institutions are insured by the state. If the bank declares bankruptcy and its subsequent liquidation, the state will reimburse individuals in the amount of up to 1,400,000 rubles. However, before opening a deposit in a little-known bank, you should check the information about it with the Deposit Insurance Agency.

Moreover, opening a bank deposit does not require much time or special knowledge. The conditions for deposits are quite simple and understandable to the average person, and in case of questions, a bank employee will be happy to answer them.

Bank "VTB 24"

Bank "VTB 24" is one of the leading banks in the Russian Federation and operates in accordance with the public general license of the Central Bank No. 1623 dated 2014-29-10.

VTB 24 customers have access to a wide range of services: issuing loans, issuing debit and credit cards, opening deposits, exchanging and buying currencies, remote account management and other important services for individuals and legal entities.

The deposit insurance system ensures the proper safety of VTB 24 deposits.

The Bank regularly holds promotions and develops unique offers. For example, each citizen can open a "Seasonal" deposit at the VTB 24 branch. The reviews speak for themselves: this offer is worthy of the attention of everyone who selects a deposit with the optimal term and interest rate.

Deposits of individuals in the bank "VTB 24"

Bank "VTB 24" offers various programs of deposits and savings.

The Bank has launched a unique offer - making a deposit at a high interest rate in the first two months. More about the terms of the deposit in the following sections of this article.

A bank client can open a savings account with a base rate that ranges up to 8.5% per annum for an unlimited period. At any time, the client can withdraw funds from the account without losing the interest accrued for the month. And also for individuals it is possible to open a savings account with an increased rate of up to 10% per annum.

Deposit "Favorable". The minimum term is 3 months, the maximum is 5 years. The interest rate on this deposit is up to 7.10% per annum. The depositor can place money on the Profitable deposit in the amount of 200 thousand to 30 million rubles. The advantage of this deposit is the possibility of preferential early termination of the contract.

The "Cumulative" deposit is issued in the amount of 200 thousand to 30 million rubles at an interest rate of up to 6.65% per annum. Minimum deposit termis 3 months, the maximum is 5 years. This deposit allows the possibility of replenishing any amount on a monthly basis, and the client can leave the accrued interest on the deposit or transfer it to his own account.

The "Comfortable" deposit, by analogy with the previous one, is issued for a period of 3 months to 5 years in the amount of 200 thousand to 30 million rubles at an interest rate of up to 4.10% per annum. The depositor has access to a monthly replenishment of the deposit, and in addition, a partial withdrawal of cash without reducing the interest rate.

VTB 24, "Seasonal" deposit for individuals in 2017

Customers of VTB 24 Bank are invited to take advantage of a limited offer. Having made a "Seasonal" deposit for 7 months, the client receives an increased interest on the deposit already in the first months. The offer is valid for a limited time, so you should not delay the decision.

Bank "VTB 24:" conditions of the deposit "Seasonal"

The client can get the maximum benefit by taking advantage of the special offer for depositors.

The conditions for the "Seasonal" deposit are quite flexible and loyal.

Opening a deposit is possible from 30 thousand rubles, the maximum limit is not set.

The deposit is opened for a period of 7 months. The rate for the first month is 10% per annum, for the second - 10%, for the third - 8.75%, for the fourth - 6%, for the fifth - 6%, for the sixth - 5%, for the seventh - 5%.

Interest is not capitalized and is accrued monthly to the master account.

The deposit currency is rubles.

Opening a deposit in favor of third parties is not provided.

In case of early closing, interest is calculated at the minimum rate - 0.01%.

Disadvantages of the "Seasonal" deposit

• The "Seasonal" deposit does not provide for the deposit and partial (full) withdrawal of money from the account.
• No interest capitalization.
• Opening a deposit is available until 2017-31-12.

Advantages of the "Seasonal" deposit

• Automatic prolongation of the deposit.
• 10% per annum for the first two months.
• Monthly payments of accrued interest.
• Opening a deposit via the Internet.

How to open a "Seasonal" deposit in VTB 24?

A client can make a "Seasonal" deposit when personally visiting a bank branch or independently via the Internet. To make a deposit at a bank branch, the depositor will need the original passport and funds in cash or non-cash form.

It is convenient that in order to open a "Seasonal" deposit, a client does not have to come to a bank office at all. You can make a special offer at home, having access to a computer, laptop or smartphone with Internet access. In this case, the money must be in non-cash form on a bank card or other means of payment.

Depositing online takes place on the official website of the commercial bank "VTB 24". To do this, you need to log in to your personal account, and then find"Deposits and Savings", select the product of interest. Using the prompts, fill out the registration form and follow the further instructions for replenishing your account and opening a deposit online.

VTB 24, "Seasonal" deposit: reviews

In 2017, VTB 24 launched a universal offer. Thanks to him, each client has the opportunity to open a "Seasonal" deposit for a period of 7 months.

Reviews on the deposit "Seasonal" 2017 (VTB 24) mostly contain a positive assessment of such a proposal. This is not surprising: the term of the deposit is short, but the interest rate for the first two months is 10% per annum. In addition, making a deposit is possible directly from home through the client's personal account, which is undoubtedly an advantage for busy citizens.

In the negative feedback on the "Seasonal" deposit, one can trace regret due to the fact that, according to the terms of the deposit, it is impossible to replenish the account and withdraw money without losing the accrued interest. Also, clients are upset by the lack of interest capitalization.

In general, the attitude of VTB 24 bank customers towards the Seasonal deposit is positive due to the high interest rate for the first two months.

Conclusion

To save money and increase it, the most reliable tool is a bank deposit. There are also other financial ways to invest money that require some knowledge in a particular industry. The bank deposit is insuredby the state, and any citizen without special knowledge and skills can issue it.

For the attention of people who are looking for a short-term deposit with an optimal interest rate, VTB 24 Bank offers a Seasonal deposit. The investor can get the maximum profit in the first two months due to the increased rate (10% per annum).

Reviews on the "Seasonal" deposit (VTB 24) mostly have a positive characteristic of the deposit, which is due to the safety of depositors' funds and the favorable conditions offered.