Which bank is better to invest in? Review of rates on deposits in banks

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

For those who want to profitably invest their funds, save them and increase them, the question always remains: "Which bank is better to invest in?". There are a large number of organizations in the financial services market that are ready to offer favorable conditions and sometimes very high interest rates. What lies behind their tempting offers, and how to protect yourself from deception? More on this in the article below.

When long history matters

Before you invest money in a bank at interest, you need to take this issue seriously. Undoubtedly, everyone wants to get the maximum benefit from their honestly earned money, therefore, first of all, they pay attention to profitability. Those who have not de alt with deposits for the first time know that the advertised increased rates do not apply to everyone and are suitable only for those who have a large amount and are ready to leave it in a bank account for a long time.

It is extremely important that after a year or two the bank does not disappear or go bankrupt. That's whyhistory matters a lot. Long-term presence in the financial market speaks of stability and reliability, readiness to offer the client stable terms of service. As a rule, such banks have a wide branch network and are available to their depositors. This means that the client will be able to contact any office and receive a high-quality and fast service.

Reputation is something that is gained over the years, and all major financial structures value it. Therefore, the opinion and feedback of customers are taken into account in the work and improvement of further service. When choosing which bank to invest in, it is important for a modern client to know that his rating and reputation are highly reliable. However, it also happens that a bank with a long history loses its license. How can the investor protect himself in this case? Clarify in advance whether the organization is a participant in deposit insurance, the class of reliability and stability. Data on this can be obtained from the bank itself, as well as from reviews of rating agencies.

Reliability assessment

In order to decide in which bank it is better to invest money, experienced investors are advised to study the assessment of independent agencies that provide data on the reliability of a particular organization. Those banks that are in the top 10 deserve attention. This indicates a high rating not only from experts, but also from clients of these financial institutions. It is important to understand that despite the high reliability of banks, the amount of deposits subject to insurance does not exceed 1 million 400 thousand rubles. Even if there are several deposits in the same name,their total amount is taken into account.

Profitability, the absence of sanctions from the Central Bank of the Russian Federation and a large loan portfolio are also reliability criteria. These points are as important as many years of practice and a wide branch network. The availability of banking services, as well as the ability to use and maintain your account remotely, make the bank attractive in the eyes of a modern client.

Dependence of rates on the term

Before you invest money in a bank at interest, you need to study the rates, the conditions for the availability of capitalization. They speak not only about the future return on invested funds, but also allow us to assess the prospects for the development of the bank in this direction. After the events of 2014, large financial institutions are afraid to offer their customers high rates for more than a year. This is due to the relative mobility in terms of changes in both the refinancing rate itself and the bank's proposals.

If you study the list of the best banks, including Sberbank VTB, Rosbank, Raiffeisenbank, Gazprombank, Intesa, Nordea, Citibank, Alfa Bank, they all offer the highest interest for a period of 3 to 12 months. At the same time, it is important to understand that withdrawal and replenishment operations will not be provided for the deposit with the highest yield. In a word, the fewer transactions on the account, the greater the percentage. This rule is followed by all financial institutions offering the opening of a deposit account.

Before agreeing to open an account for more than six months, you need to evaluatethe possibility of early termination. Since in this case interest is charged either on the basis of 2/3 of the rate, or “on demand” - 0.01%. In order not to be left without interest and additional income in general, it is recommended to choose an account with a lower rate, but with the possibility of partial withdrawal or for a shorter period. This will allow the account holder to receive, albeit small, but income.

How to get more income in Sovcombank?

Advertising plays a big role in determining the most profitable bank deposit. This is an easy way to figure out what the maximum interest rate a bank is willing to offer. As a rule, large conditions have their own nuances. For example, Sovcombank offers 7.6% per annum on the Automobilny deposit. At the same time, there is a condition that part of the funds from the account must be spent on the purchase of a vehicle from a car dealer who is a partner of the bank. The term of keeping funds in the bank is 1 year.

Initially, the rate is fixed at 6.6%, after six months, starting from the seventh month, subject to the provision of documents on the purchase of a car by the account holder, the rate rises by 1%. The minimum amount to be placed on the deposit should be 30 thousand rubles. It can be replenished with amounts of 1000 rubles or more. It is not allowed to spend funds for the first 6 months. Starting from the 7th month, debit transactions on the account are available to the client, provided that there is a minimum balance of 1 ruble on it.

Payment of accrued interest is made to the current account with the simultaneous execution of a bankHalva cards. When opening an account, in addition to a passport, you will need a TCP or a driver's license.

Online deposits from Uralsib and Russian Mortgage Bank

For those who are a bank client, the institution is ready to offer the most favorable terms of service. If, in addition to everything, he has a card account opened, then it will be more convenient to manage the deposit, for example, through the use of remote services. Most of the clients who are faced with opening a deposit for the first time approach consciously the choice of a bank for depositing their funds. Some inhabitants rely on the opinion of relatives who have previously de alt with this financial structure. Others study user reviews on the Internet or the rating of the Central Bank of the Russian Federation, posted in the public domain on the network.

To decide which bank is better to invest money in, you need to study the terms of the account service in advance. For example, opening an account not in a branch, but through remote services, the client receives an increased percentage. So, in Uralsib Bank, on the “Profitable” deposit for a period of eighteen months, the rate is offered at 7.25% per annum. To open an account, you must have an amount of ten thousand rubles or more. Debit transactions, as well as replenishment of the deposit are not allowed. You can receive accrued interest on a current or deposit account, card. It is worth noting that for clients who plan to open a deposit for a shorter period, rates will start from 6.35% for a period of 91 days or more.

Russian Mortgage Bank also offers attractiverates on deposits online "Hit of the season" for clients who belong to a highly profitable category. Conditions for the placement of funds - from 1 million rubles for a period of 425 days. If the deposit is opened by transferring funds from your account or replenished in the future non-cash from account to account, then a bonus of 0.69% of the transfer amount is provided. The spending of funds is provided for once, in the amount of not more than 25% of the deposit amount that was deposited to the account at the time of opening.

Offers for pensioners and savings fund members

A separate category of clients are people receiving pension payments or transferred to a non-state pension fund. For them, the question of which bank to invest money in for a pensioner is almost irrelevant, since there is always a special offer for such clients. For example, Renaissance Credit offers a "Double Benefit" deposit. You can become a contributor under this program by opening an account in the amount of seventy thousand rubles. The duration of the storage of funds is 181 days. The interest rate on the account is 7.5% per annum. A special condition is that the client must be connected to the individual pension plan program. The deposit is not allowed to replenish or spend money.

For those who are pensioners and clients of Sberbank, deposits are always offered at the maximum rate, regardless of the amount of the down payment. Affects the interest rate and the duration of the holding of funds. The advantage for depositors lies in the fact that the accountcan be opened with a top-up function, and it will not be subject to restrictions on the amount of additional contributions. For example, for other clients, it lies in the fact that the client can deposit a maximum amount into the account that does not exceed ten times the initial payment. If this condition is not met, then only ⅔ of the interest rate will be charged on the excess amount.

Since not everyone knows exactly which banks are safe to invest in, it is better to trust the one that has a reliable reputation and a money back guarantee. One of these is the Russian Agricultural Bank, its clients connected to the investment life insurance program can take the opportunity to open a deposit at a rate of 6.9% to 7.3% per annum - "Reliable Future". It is worth noting that the duration of keeping funds in a bank account is from 180 to 395 days.

Deposits in Sberbank

Since the majority of clients are Sberbank's clients in one way or another, it is easy to guess that it is the leader in terms of the number of depositors. True, this does not play into the hands of those who want to get the maximum income. It is worth noting that the rates on deposits in Sberbank, even if an account is opened through remote services, are no more than 4.45% per annum (for the "Save Online" deposit). At the same time, the condition must be met: in order to receive such an attractive offer, you must have an amount of 400 thousand rubles or more, or be the recipient of pension credits to a bank account. Account is not allowedreplenish or partially withdraw funds from it. The deposit must be held for six to twelve months.

For those who want to open a deposit and participate in charity, Sberbank has been offering the Gift of Life deposit for a long time. The interest rate on it is fixed - 4.15% per annum. The deposit is opened for a maximum of one year, the minimum amount for opening an account is 10 thousand rubles. According to the terms, replenishment and partial withdrawal is not provided. Once every three months, the bank transfers funds to the Podari Zhizn fund of the same name. Its size is 0.3% of the deposit amount.

The Bank also offers other ways of depositing funds, for example, "Deposit" and "Manage", which allow replenishment and partial withdrawal of invested funds. However, the more functions on the account, the lower the interest rate. Therefore, the most profitable bank deposits are those that do not involve any operations on the account.

It is assumed that all bank accounts are available for opening in three currencies: ruble, US dollar and euro. On June 1, 2018, Sberbank of Russia stopped issuing savings certificates to bearer, which also assumed an increased percentage. This measure was caused by amendments to the Civil Code of the Russian Federation.

Deposits from VTB

VTB has a wide range of deposits, one of the universal and most profitable offers is the “Savings Account”. The amount of the initial payment can be any. The longer the term, the higher the rate. From one month - 4%, over3 - 5%, from 6 months. - 5, 5%, more than one year - 7% per annum. The account provides for the possibility of withdrawal and replenishment, there is no capitalization. Interest is calculated monthly.

If a client has the opportunity to open an account remotely via Internet banking and the amount to open an account exceeds 30,000 rubles, then VTB offers its clients Profitable Online. The term of placement of funds is from 91 to 1830 days, and the maximum income is offered at a rate of up to 6.4% per annum. As part of the conditions for opening a deposit, replenishment and partial withdrawal are not allowed.

If a client has an amount of more than one hundred thousand rubles, wants to periodically replenish his account, then the bank is ready to offer him a "Replenishable" deposit. The rate on it is slightly lower, up to 5.55% per annum. If a client is interested in whether it is possible to invest money in a bank and at the same time be able to partially replenish it and spend their money from it, then VTB offers the “Comfortable” deposit.

Offers from Rosselkhozbank

Those who are used to dealing with government institutions and have more confidence in them know which bank is better to invest money in. It is considered very profitable to own shares of Rosselkhozbank, which are owned by the Federal Agency for State Property Management. Many of his clients have pension and payroll accounts, allowing them to qualify for individual terms of service.

Note that advertised higher interest rates always include a term orfor the amount of the down payment. Therefore, it will be important to study the review of bank deposit rates and choose suitable conditions for yourself. In a separate category, it is necessary to include clients who are ready to invest significant amounts of money for a long time. They may qualify for special conditions. Thus, the "Investment" deposit provides for two terms for opening a deposit for 180 and 395 days. At the same time, even having in your pocket from 50 thousand rubles, you can draw up an account at a rate of 6.9% or 7.3%. You can receive all accrued interest only at the end of the term.

This bank offers a fairly wide range of deposits that you can easily choose according to your needs and expectations. Perhaps this is one of those financial institutions where they try to take into account the individual needs of each client.

Alfa Bank

This financial institution has a rather limited list of deposits (there are three in total), which, however, can be evaluated by the client who is not used to choosing from a large list, but proceeding from his needs. Therefore, if you decide which bank is more reliable to invest money in, you can answer that Alfa Bank is one of those. The line of deposits is as follows: Pobeda+, Premier+, Potential+. From the name it becomes almost clear what they are.

The minimum amount for opening deposits is 10 thousand rubles. At the same time, the opening is also available in foreign currency, but the percentage of profitability there is relatively lower than for ruble accounts. You can't influence the percentage.only by selecting the functions on the account, but also by connecting the tariff for the service. In its absence, the rates will be minimal, but the higher it is, the greater the income on the deposit.

The placement period for any of the three types of deposits ranges from 92 days to a maximum of three years. "Victory+" does not provide for replenishment or withdrawal, therefore the rate here is maximum, up to 6.3% per annum. The remaining two deposits ("Premier+" and "Potential+") allow the client to withdraw funds from the account and replenish it.

Alfa Bank offers a savings account, which can be considered as an analogue of a deposit, which offers a maximum interest rate of up to 7% per annum. For new customers, the bank is ready to offer a rate of up to 9% per annum (effective from August 1, 2018). There is a condition for providing an increased interest, it applies to the first three months from the date of opening, then the rate is fixed at 5% per annum.

Therefore, before determining in which banks it is profitable to invest money, it is necessary to study all available offers and only then open an account. Moreover, the larger players in the banking market offer a remote service, which makes bank services more accessible to customers.