Many people would like to have a magic wand,helping to increase your savings. But, alas, this is from the fiction section. Before you learn to make a state, you must be able to at least maintain what is already there. And we'll talk about one of the approaches in this area, namely about savings deposits in banks.
general information
Open a specialized depositfinancial institution can any adult citizen. Even those who have not yet turned 18, with the assistance of parents can get their own account. This allows you to save, and sometimes even increase the available funds. The interest rate, as a rule, is not very large, but it protects more or less from inflation. There are a large number of different deposits, we will talk about one of the most ancient members of this family - about the savings deposit.
What is he like?
Savings deposits are a popular way.save your money. As a rule, it is representatives of this family who can offer the highest percentages. But, alas, according to the terms of the contract, it will be possible to receive all accrued interest only after the deposit term expires. Also, they can not be replenished. Interest rates fluctuate within a significant range. It is quite possible to meet the situation when one bank will offer 6%, and the institution next to it - 12%. But do not rush to make a choice in favor of the second. It may be that he has liquidity problems. And if the bank breaks, then the maximum that can be returned is the principal amount of the deposit. This type of investment attracts many people by its availability and simplicity. If you are interested in the possibility of withdrawing at any convenient time, then you need not savings, but time deposits.
About capitalization
Financial instruments have manyattractive moments. The savings deposit in this case is no exception. Therefore, attention should be paid to such an attractive moment as capitalization. What is she like? The essence of capitalization is that after interest is charged once a month, they begin to be charged not only on the principal amount, but also on the money already earned. Let's look at a small example. Suppose we have ten thousand rubles. We go to the bank and put them at a year at 12%. It turns out that per month we will be charged one percent on the amount. In this case, it is 100 rubles. In the end, a person will take 11.2 thousand rubles. And what about capitalization? So, under the same conditions, we earn 100 rubles for the first month. Add to the original amount. And we already have 10.1 thousand. And here they are already charged 12% per annum. In the first case, we would receive 100 rubles for the second month. And with capitalization there will be already 101. And gradually the amount of interest will grow, the longer - the more. Is there a catch here, or is there no need to choose the option of capitalization? Alas, there is a negative point. So, in cases with capitalization, banks offer lower interest rates. Suppose not 12, but 11 or even 10. Therefore, it is necessary to calculate the benefits of each individual option, and only having accurate and reliable data, to make decisions. Otherwise, after chasing a ghostly profit, in reality you can lose.
About risks
In order not to lose money, you need to adequatelyevaluate the situation. So, if a bank is on the verge of bankruptcy, it is not recommended to invest money in it. You should also pay attention only to those institutions that have a banking license and that are members of the Deposit Guarantee Fund. In addition, it is desirable that the deposit does not exceed the amount of 1.4 million rubles. Why? The fact is that this is the limit of the guaranteed amount of compensation. Anything higher than this amount is not guaranteed, therefore, to receive money in case of bankruptcy will not work. Fraud on the part of bank employees should not be ruled out, so you should always demand a contract that needs to be carefully studied.
What do financial-credit institutions offer now?
There are a variety of options for whichA savings deposit is offered. Sberbank, for example, offers 2.3 percent per annum. Agree, not a lot. Why is that? This indicates a slight inflationary expectations and a low level of demand for credit money. Therefore, this option is suitable for those who are interested in preservation. In this case, the savings deposit will do. Sberbank, by the way, about a year ago offered its customers about 6% per annum. As you can see, the interest rate is constantly falling. But let's make a comparison. And consider deposits in Belarusbank. Here the situation is much better. For example, the maximum interest rate is 10.2 per annum, which is almost twice the average level of accruals on other deposits. Deposits in Belarusbank allow us to consider the classical scheme of work of savings investments. However, it should be noted that the period for which the deposit was made is of great importance. So, the minimum rate is three times less than the maximum.
Appointment
When are savings deposits necessary?Their services are often turned to the accumulation of money for a large purchase. Gaining popularity and savings deposit coming of age. It is considered as a tool for help and support at the beginning of independent living. In general, there are quite a few different specific contributions. There are special offers for pensioners and for a number of other categories. To say that they are something radically different, it is impossible. But there may be certain bonuses that are pleasant for these categories of people.
Modifications and enhancements
Initially savings deposits impliedonly a deposit of money and receiving it at the end of the term. But gradually the proposals expanded and improved. Thus, often time and savings deposits in some banks do not differ at all. We offer relaxation from financial institutions in terms of replenishment and withdrawal. But, alas, the price of this is a gradual decrease in the rate. So, for example, the well-known Sberbank offers deposits in this direction in a very favorable way in terms of providing services. But, as mentioned above, the maximum of the funds received at the same time is a small 2.3%. And if you choose between, say, 6% and 2.3%, but with the service, many would choose the first option. After all, although inflation is slowing down, such a small percentage is still not enough to cover it.
Conclusion
In general, the savings deposit, interest rateon it, leave much to be desired. Although there are many different individual aspects. So, in the world quite popular is the taxation of deposit profits. In order not to irritate customers, banks offer a formally large rate, but talk about a smaller one, in which the fee in favor of the state is already taken into account. The approach also becomes popular when the interest rate grows with the amount that was deposited into the account. So, Sberbank for savings deposits initially offers only 1.5%. And only with the increase in the amount paid will increase to 2.3%. Therefore, it is necessary to carefully read the contract, in particular what is written in small print. Even if they are in a hurry, there is no need to hurry anywhere, because to get acquainted with all the documentation is the right of every person.
