Demand deposit

Types of bank depositsShare money to a bank andto open a deposit means to save the savings from inflation, and, possibly, to multiply. Banks offer various deposits - the main thing is not to make a mistake with the choice.

At any time you can withdraw money. This is convenient if you do not know exactly when you will need a certain amount to buy.

Minuses

Interest rates are low: from 0.1 to 1% per annum.

Term deposit

pros

Investing large amounts and for a long time, you can get good interest;

interest on the terms of the contract is maintained for the entire term of the deposit, even if interest rates of the bank change;

Having opened a term deposit with the prolongation (extension) of the contract, you will be able to extend the deposit on the original terms even after the expiration of the contract.

Minuses

With money you will have to part for a certain period - a month, a quarter, six months, a year or two, etc.;

rates on deposits for a period of less than a year below the level of inflation;

if you want to return money early, interest will be transferred to you at a reduced rate.

Euro, Dollars, Rubles

To open a deposit is better in the currency in which youare going to invest your money. If you plan to relax in a country where the euro is going, open a deposit in the euro; there is a trip to the US - invest dollars.

If your main goal - to save money from inflation, stop the choice on the ruble deposit - at the moment it is the most profitable.

If you categorically do not trust your native rubles, open up a contribution to the euro. It is less loss-making than dollar.

What is the percentage?

Fixed and floating interest ratesThe first will not change during the term of the contract, no matter what happens. But the second bank has the right to change, however, I must warn you in advance. The floating rate is better because the interest on it is usually higher than the fixed rate. "Simple" and "complex" interest In the first case, the interest is charged on the amount you have contributed during the whole term. And you can withdraw interest at any time. In the case of a "compound" interest, the capitalization of the deposit occurs, when interest is charged first on the amount paid, next month - on the amount with interest, etc. This contribution is most beneficial, but there is one "but": you can withdraw interest only after the contract expires. Interest rates on term depositsBank DepositMinimum amount Term Deposit (% per year) RublesDollarsEuroRublesDollarsEurope Impexbank "Impex Classic" 3 0001001001 year 8,05,65, 0Bank of Moscow "New capital" 30 00010001000 from 1 year to 1.5 years8,76,76,3RaiffeisenbankReliable deposit15 0005005001 year 4,552,75VTB 24 "Trust" 10 000 5005001 year and 1 month 7.56,15.6Sberbank "Replenishable deposit" 10003003001 year and 1 month 7.56, 15.6 In the next article you will find a variety of fashionable

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