The most profitable bank deposit. The most profitable bank deposits

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

Deposits are one of the most demanded services offered by modern financial institutions. Deposits are the simplest form of investment. All that is required of a person is to choose a suitable financial partner in the face of a large bank, take their savings and deposit them into an account. At the end of the cooperation period, the amount of capital will be increased. The only question that needs to be resolved on the eve of making a deposit is to determine what is the most profitable deposit in the bank at the moment.

General Questions

Based on the period of placement of capital in a bank account, it is possible to distinguish term deposits and demand deposits. The latest program format provides for the ability to withdraw funds from the account at any convenient time, but this advantage comes at the expense of the interest rate. It, as a rule, will be minimal among all offers available on the market. Let's indent and focus on the fact that the most profitable deposit in the bankprovides for the presence of large capital and a long-term partnership with a financial institution. Small deposits for short periods cannot provide such a percentage of profitability. One should always take into account the rule: the more extensive access a bank client has to his savings, the lower his level of profitability will be. The most profitable are deposits for a period of one year or more.

The most profitable deposit formats

The most profitable deposits in banks can be both savings and savings. Savings deposits cannot be replenished, and the initially assigned interest will accrue on the initial amount of capital. The second format of the program allows replenishment of the deposit, while the percentage will be calculated on the amount that will be on the account at a certain point in time.

The maximum growth of funds on the deposit is guaranteed by compound interest, also known as capitalization. Its essence lies in the fact that on a monthly basis the base amount deposited is recalculated taking into account interest, and in the subsequent period they are charged not only on the size of the main deposit, but also on the interest accrued in advance. The process is repeated continuously until the deposit expires.

Settlement, indexed and compulsory medical insurance deposits

For some categories of clients, profitable deposits in banks of St. Petersburg and other cities are settlement deposits. The format of partnership with the bank provides for the possibility of replenishing the account. The client receives a debit card. Mandatorythe condition is the availability of the amount agreed upon when signing the partnership agreement on the account. Another interesting deposit option is a structured product. It can bring profitability several orders of magnitude higher than standard programs. This category of investment is considered high-risk, but with a successful combination of factors, the return on the deposit can reach up to 20% in a few months. Another interesting and non-traditional option for increasing your funds is OMS (or depersonalized metal accounts). They can be highly profitable, and in some situations, the most profitable. Banks do not pay interest on such deposits, but a jump in the price of the precious metal on the international market during the time of the deposit can provide a yield of up to 100% or more. There is already how lucky.

Which contribution is the most profitable, or To each his own

In order to clearly calculate what is the most profitable deposit to the bank you can make, you need to start from your needs and goals. Depending on the priorities, different people will have different preferences. For example, CHI will be an ideal solution for those who work for the future. Gold, being an exhaustible resource, is constantly becoming more expensive, and in the next few years its price may not only double, but even triple. The likely return is simply not comparable to typical deposits. People who plan to purchase expensive equipment will appreciate deposits with replenishment, as they will have the opportunity not only to save part of the money, but also to receive interest on them. simple accumulationcapital will bring the maximum benefit only with interest capitalization.

Interest rate - maximum attention

Profitable deposits in banks in Moscow and other cities are not those for which the maximum interest rate is offered. It is important to know here that the Central Bank of the Russian Federation tightly controls this indicator, maintaining it at a more or less stable level. If a financial institution offers a rate several orders of magnitude higher than the average in the financial market, this is a signal that the financial institution has liquidity problems. Interim administration is being introduced into those institutions that are trying to attract investors with unusually profitable offers.

Why should you give up the biggest bet on the market?

Having chosen the highest deposit rate on the market, you may not see your money at all later. Large rates can be offered by small banks that are just gaining a client base. The main thing here is not to miss and not invest in an institution whose existence is in question. After studying the question of which banks are profitable deposits, it becomes clear that it is better to agree to an average interest rate in an average commercial bank, optimizing the ratio of profitability and risk. The optimal amount of accruals in 2015 varies from 10% to 12%.

Deposit currency matters

The profitability of a particular deposit depends on its currency. According to experts, it is necessary to invest in thatthe monetary unit in which they are planned to be spent. Otherwise, as a result of rate fluctuations, you can not only lose interest, but also lose part of the funds. For example, you can take recent depositors who have chosen the most profitable deposits in Moscow banks in rubles, planning to make a purchase later in dollars. The choice of programs was made taking into account the fact that deposits in the national currency came with a higher percentage. As a result, the anomalous jump in the exchange rate over the past six months not only "ate" all income, but also most of the capital. In order to return what was lost in dollar terms, it is necessary to make investments at 50% per annum, which is simply impossible for the domestic financial market. The most reliable and profitable deposit is considered to be in dollars, since the currency is a reserve. Even with fluctuations in the exchange rate, it is getting stronger, and against the backdrop of recent economic events, there is practically no chance for its decline.

Which deposit can be classified as profitable?

Today, against the backdrop of fierce competition in the financial segment, many banks offer favorable interest on deposits to all their customers. Often, extra commissions or tough partnership conditions can be hidden behind a large bet. Some financial institutions can completely deprive interest, and even impose a fine for premature termination of the contract. This possibility should also be taken into account. Profitable deposits in St. Petersburg banks should be flexible. Welcome: the choice of currency and several periods of deposit storage, accrual of complexinterest and commission-free partial withdrawal of funds from the account. In order for the decision to turn out to be correct and the most profitable deposit to be chosen, one must go to the bank after carefully studying all the information.