What is a savings account in a bank and how it differs from deposits is of interest to everyone who wants to place their free funds with the greatest efficiency. This knowledge will help you do right choice and get the maximum benefit from the deal.

This service appeared relatively recently, just a few years ago in 2012-2013. The first to offer their clients to place free money in a savings account were: large banks like Promsvyazbank and Alfa Bank. Then they were followed by Raiffeisenbank, Unicreditbank, Binbank.

The reason for the appearance of such a service and its widespread use is quite banal - financial crisis. Clients needed banking product, which would give them the opportunity to earn money and at the same time not block access to money. So that people can continue to withdraw their funds at any time without penalties from the bank.

By opening this opportunity to people, financial institutions were able to resolve the issue of the outflow of deposits, as well as slightly reduce the cost of the resource base for themselves. They attracted money to savings accounts at lower interest rates.

The next one is relevant for many potential clients question about the service savings account how it works and its features. At its core, a savings account is a symbiosis of a current account and savings deposit. From the first, free access to money was borrowed, from the second, an increased interest rate.

In simple words, the client can both replenish the account and withdraw money from it. The bank will charge interest based on the daily balance of funds.

The main differences between a savings account and a deposit

The difference between a savings account and a deposit is the following:

• for the purpose of placing funds. A savings account is used by individuals to collect money to purchase an expensive item, but at the same time be able to withdraw it at any time. A time deposit is suitable for those who want to increase their income, savings for those who want to accumulate and maintain savings;
• acceptable financial options. For example, a savings account is replenished and provides the possibility of withdrawing money. And if we consider the conditions for placing money on time deposits, then it is very rare to find a bank where it is allowed to withdraw money ahead of schedule without applying penalties;
• size interest rate . In practice, the highest returns are on deposits that cannot be replenished or withdrawn. The savings account is in the middle according to this parameter. His rate is higher than on demand deposits, but lower than on time deposits;
• duration of the contract. Any deposit is opened for a specific period, but the period of validity of the savings account is unlimited. Usually it is closed based on the client’s application;
• from a savings account money can be withdrawn at any time, at early termination deposit, you will have to write an application and wait 2-3 days (depending on the terms of the agreement) to receive the money.

Considering all of the above, it is not possible to answer the question unambiguously about a savings account or what is better. It all depends on the goals pursued by the client. If he wants to get maximum income and does not plan to use the money during the entire term of the contract, then it is better to give preference to the deposit.

But if the client does not know when he will need funds in the future, but he has a desire to place them so that they do not just lie “idle” in the current account. Then it makes more economic sense to place them in a savings account. After all, the latter option provides for the accrual of interest on the balance.

How to open a savings account

You can use this service at almost every bank. You can open a savings account in a bank in the following ways:

• directly at the department;
• online using the bank's website.

The first method is more conservative and requires additional time. However, the client can immediately receive all the answers to his questions from a bank employee. Recommended for the first time an individual applies.

Opening a savings account online is not difficult. All you need to do is fill out a small form on the bank’s website, which usually consists of the following points:

• Date of Birth;
• Contact details;
• address.

It is very easy to open a savings account for existing clients of financial institutions. Usually they have using the Internet or mobile banking have constant access to personal account. And already in it, clients can perform any financial transactions, incl. open savings accounts.

By the way, having an existing bank account makes it easier for clients to make transfers from one account to another. For example, from card or from current to cumulative. And it could be like an initial fee, and regular replenishment.

You can open an account in a new bank using an online application, but for transferring money from the account of another financial institution, a commission will be charged from the client.

The advantages of remote service are the absence of queues for the operator and the ability to conduct financial transaction at any convenient time.

What is needed to open an account

To deposit money into a savings account, the client only needs a passport or any other identity document.

When placing money into the account, the client enters into an agreement that specifies all the main parameters of the transaction:

• validity;
• interest rate;
• deposit amount and currency;
• interest rate;
• interest calculation rules;
• possibility of replenishment and partial withdrawal;
• conditions for early termination.

And other important conditions.

By the way, every potential client should know that, like all deposits, the savings account is insured by the DIA. This means that if the bank is declared insolvent, the depositor will be able to get his money back in an amount not exceeding 1.4 million rubles.

Information about the participation of a financial institution in the DIA must be posted on the official website of the bank, as well as in each of its divisions in a place accessible to the public so that anyone can familiarize themselves with them.

Features of a savings account

When choosing a savings account, a potential client should pay attention to the following parameters:

interest rate

The rate can be fixed or floating. The first option means that the bank under no circumstances changes the terms for calculating interest.

The second provides for changes in the interest rate depending on conditions. For example, the rate increases in proportion to the contract period or when the account balance reaches a certain value.

validity

The period of operation of the savings account is unlimited. But it can close automatically if the client does not use it for a long period.

deposits and withdrawals

Banks do not limit the possibility of replenishing an account, but regarding the second parameter, there are nuances. Difficult to find financial institution, which does not establish a minimum balance - this is the amount of money that should always be in the account.

If the client does not fulfill this condition, the bank will recalculate his interest at a rate of 0.1% per annum or apply other sanctions. The minimum balance level is set by each bank independently. It may differ even within the same financial institution, depending on the deposit program or category of clients.

Therefore, before withdrawing money from a savings account, you should carefully study the terms of the agreement so as not to go below the minimum balance.

frequency of interest calculation

Monthly, quarterly. Interest can be paid to clients, or can automatically replenish the deposit (capitalization);

account currency

Most often rubles, but there are also dollars and euros.

Card with savings account

By the way, you can often find such a combination in banks as a payment card with a savings account. This combined product is designed for clients who regularly have money credited to their card, for example, participants in salary projects.

They are constantly receiving wage, but the bank does not charge any interest for the money being on the card. They can increase their income by transferring part of the funds to a savings account. It should be noted that many banks do this automatically based on the client’s application.

A bank card with a savings account is very similar in properties to a “piggy bank”, except that the client is charged interest. The advantage for the client is that he can earn extra money, but for the bank this is another way to attract clients, and of course, increase their liabilities.

What banks can offer clients

The best savings accounts in banks, examples:

VTB 24

Invites potential clients to open a savings account in rubles/dollars/euro for free. There are no restrictions on replenishment, however, you can deposit money into the account, as well as withdraw it only in non-cash form through the master account.

Subject to registration with the “Savings” option, the client is accrued 10% per annum for 1 month, from 4% to 5.5% - from 2 months, from 5% to 6.5% - from 3 months, from 6% to 7.5% - from 6 months, from 8.5% to 10% - from 12 months. placement of funds in the account.

Alfa Bank

Offers to use the “Savings” account. The interest rate, regardless of the balance, is 7% per annum. You can top up your account only using the services “Moneybox for change” and “Moneybox for salary”, and withdraw money only by transferring it to your current account.

By the way, Alfa Bank has two more programs for accumulating money in an account: “Valuable Time” (3.5% per annum) and “Blitz Income” (3.25% per annum)

Tinkoff Bank

Opens savings accounts in rubles and foreign currency with a yield of up to 7.76% per annum in rubles, 2% in dollars and 0.9% in euros (subject to capitalization and a bonus of 0.5%). Minimum size deposit: 50 thousand rubles or 1,000 in foreign currency. There are no restrictions on the amount of replenishment.

Minimum withdrawal amount: 15 thousand rubles or 500 in foreign currency, but you can withdraw money no earlier than 60 days after the conclusion of the agreement. Opening a deposit online is free, at the bank office 1000 rubles or 35 dollars/euro.

Advantages and disadvantages

pros

What is a savings account in a bank? It is an alternative to a bank deposit. It is ideal for clients who cannot predict when they will need money, but still want them to work and ask for income.

The unification payment card and a savings deposit is similar to the familiar piggy bank. This combination increases efficiency of funds management and allows people to earn additional income.

Minuses

Regarding the shortcomings, the client should take into account that savings account interest is lower than by deposits. There are also restrictions on partial withdrawals.

Many financial institutions set irreducible minimums, below which the account balance should not fall, otherwise the rate drops to 0.1% per annum.

Well, usually, a savings account is opened to clients within the framework of a package that provides either monthly fee or one-time commission.

Alexander Babin

For citizens who prefer not to spend all their income at once, but to create savings, the advisability of storing their savings in a bank is not in doubt. In this article we will look at this type of placing money in a bank as a savings account. This is a very convenient alternative to a fixed-term deposit, which has a number of disadvantages and does not imply the possibility of daily management of funds. As an example of the real conditions of a savings account, we will present current offers from large banks.

If a bank client firmly knows the amount of money he needs to make a large purchase and can at the same time predict his income, he will most likely be interested in opening a time deposit. This method of storing money involves placing it for a fixed period, the bank gets the opportunity to use this money for investment, and the owner of the capital receives an agreed interest. As a result, the investor has the opportunity to supplement the amount in the account with interest charges and increase savings.

But if there is a need for fairly regular work with money lying on bank account, then a time deposit is not a suitable method. For example, if a citizen has the opportunity to frequently top up his account and make large purchases relatively regularly, it is more convenient to use a savings account.

Disadvantages of a fixed deposit

Time deposits have certain disadvantages and therefore cannot cover the needs of all clients. So, if the investor needs to withdraw his funds before the end of the period specified in deposit agreement, then he will lose a fairly significant amount when recalculating interest charges on the deposit. And there are quite a lot of citizens who make contributions not for the purpose of forming a certain amount, but simply set aside available funds. In this case, it is difficult to predict exactly when the need for a large amount in a bank account will arise.

In addition, not all banks’ deposit products offer the possibility of carrying out debit transactions. In other words, the terms of the deposit may not allow the withdrawal of part of the funds. Those deposits whose terms provide for the possibility of using funds on a time deposit provide for the calculation of interest charges based on the minimum balance that was in the account.

This is very inconvenient, since the money may be needed only for a few days, and at the time of withdrawing the required amount, the balance that was recorded in the account will make the interest payment for a certain period insignificant. In addition, banks tend to set a “minimum balance” limit, that is, withdrawing an amount exceeding a specified threshold is impossible without closing the deposit. And closing a deposit, in turn, may lead to the loss of most of the interest accrued.

Another disadvantage can be considered the fact that deposit offers from some banks do not provide for the possibility of replenishing a time deposit. That is, the funds lying in the account are simply “frozen” for some time, the amount cannot be withdrawn or increased, and this does not at all contribute to the growth of savings.

Savings account

An alternative to a fixed-term deposit is a savings account, which is incomparably more convenient for everyday use. Standard terms, which are basic for similar offers from many banks, are:

• Possibility of unhindered filming cash;
• Possibility to withdraw funds in almost any amount (no “minimum balance” requirement);
• Possibility to replenish your account in any amount;
• Receiving interest payments on the “minimum balance”;

Some banks' proposals suggest increasing the interest rate depending on the time the money is in the account. In addition, the amount of funds in the account also affects the interest rate.

Thus, a savings account can be used both for savings and for daily work with money. You can use money from the account to pay for purchases and services; you can transfer money from your savings account to a deposit account (subject to the availability of such a possibility in the deposit agreement).

Using a savings account, you can transfer funds as part of opening a deposit online, or replenish the OMS (an impersonal metal account) opened in gold or another metal.

Disadvantages of a savings account

The main disadvantage of this method of storing funds, such as a savings account, can be considered the more modest interest rates that banks promise. In addition, the interest rate is significantly influenced by how much money is in the account.

Another one of the few disadvantages of a savings account is common to all bank accounts that are owned by individuals. All such accounts are insured according to the mandatory insurance program, but the amount insurance coverage cannot exceed 700 thousand rubles. If the amount is savings account more than the amount of insurance coverage, then if the bank encounters problems, the depositor may receive compensation in a smaller amount than the amount that was in his account.

The client's situation can be aggravated by the fact that, in many cases, the client has several accounts in the same bank. For example, a savings account is used for regular settlement transactions, and part of the funds received in this account is transferred to a deposit. A maximum amount insurance compensation is intended to pay compensation not for each account, but for all accounts belonging to the same person at once.

Therefore, if a potential investor operates significant amounts, it is better for him to opt for a bank that has the maximum degree of stability. These are, as a rule, banks under the control of the state and structures that are systemically important. Such banks offer slightly lower interest rates on savings accounts than small ones commercial banks, maximally interested in attracting customers.

However, by sacrificing some interest, the owner of the capital increases his chances of saving money.

Bank offers

It must be said that a savings account with “On demand” conditions is offered by almost every bank, and the conditions of some credit institutions do not allow you to open a time deposit or receive bank card without the client having such an account. In this case, the savings account is the base account to which the card is “linked”, and this account is where the funds that were accrued as interest on the deposit are transferred.

On the other hand, there are deposit offers that are more profitable for account holders, and may well replace the Demand account, since deposit products the interest rate is significantly higher.

Sberbank

One of the most stable banks in the Russian Federation, Sberbank, offers to open a specialized savings account.

A credit institution can offer its clients high reliability, interest rates on such an account are up to 2.30% per annum in rubles (0.40% per annum in US dollars and euros) - this is for an amount of 2 million rubles. From 100,000 to 300,000 rubles, the yield will be 1.70% per annum in rubles (0.2 in foreign currency with an equivalent amount on the account).

Alfa Bank

The bank can offer several accounts at once, designed for regular work with funds.

Savings account “Valuable time”

The account provides an extremely flexible system for calculating interest payments. The rate is not fixed, but is calculated based on the minimum balance in the account for a certain period of time. The longer the funds have been in the bank (during a quarter, six months or a year), the higher the interest rate. The annual interest rate at the time of updating this article may be up to 9%.

The client can freely carry out debit transactions, replenish the account, withdraw money without losing interest. One of the disadvantages is the minimum amount required to open an account – 300 thousand rubles. This same amount is the minimum balance; if you need to withdraw more money, you need to close the account.

Savings account "Blitz-Income"

The account allows the depositor to increase his savings and at the same time be able to freely use the money. The interest rate can reach 5.6% per annum, charges are calculated based on the minimum balance in the account during each month.

There are no restrictions on deposits and withdrawals, however, the table of interest rates indicates that more or less significant interest begins to accrue if there is an amount of 100 thousand rubles or more on the account (min. balance).

Savings account "My Safe"

The account is intended for creating savings, but there are no restrictions on withdrawing money or replenishing the account. The interest rate is relatively low - up to 1.8% per annum, however, the interface of the Alfa-Click Internet banking system helps to form savings. The program helps you set a goal, set a time, and calculates the amount of contributions needed to achieve that goal.

The current offer of bank accounts available on the market is very rich, and the programs themselves provide us with more and more opportunities. All this makes it difficult to make an informed choice; there are people who quickly make a decision, but in the next year or two this may involve a real loss of hundreds of thousands of rubles. It's worth taking the time to review what banks offer and make an informed decision that will pay off in the future.

A savings account is the easiest way to save money in 2019, safely and systematically. Might be a good alternative bank deposits as a way to protect savings from inflation. Compared to deposits, it provides greater flexibility in managing funds. Most offers allow you to place fairly large amounts.

To choose the best savings account in 2018, you should start by assessing your needs and options, then check the table to choose the right offer. Minimum interest rate

Terms of savings accounts

The goal is to safely generate profit for the owner. The savings account does not offer all the functions of the standard one, but this is not its essence - it should be characterized by high profitability. Unlike deposits, it allows you to maintain liquidity, but, on the other hand, the disadvantage, compared to time deposits, is a lower rate and a greater risk of its further reduction. If you are looking for the best returns in 2019 and high financial liquidity for your free funds, the article will help you make the best choice.

Bank credit	Bid %

What to check and compare?

• Profitability.
• Type of capitalization.
• Minimum and maximum deposits from which interest is calculated
• The period during which profitability is guaranteed.
• Number of free transfers per month.
• The cost of each subsequent paid translation.
• Opening fee.
• Service fee.

Click on the chart to see details

How to compare?

When comparing bills in 2019, you need to consider:

• The interest rate is a no-brainer: the higher the rate, the more we earn.
• We check the opening conditions - most banks require the client to have a personal account. Maintenance is usually free, but with personal accounts it may be different, so it is worth checking the terms of such a standard account in advance, paying particular attention to the monthly payment for personal account and payment card maintenance. Fortunately, some individual Accounts can be set up without the need to apply for a debit card.
• Frequency of interest capitalization - general rule is this: the more often interest is added to the account, the better. An account with daily capitalization brings higher profits than one with monthly capitalization.
• The amount of funds that can be deposited - only some banks do not impose restrictions on the amount of the balance. In most cases, the rate varies depending on the amount of accumulated funds.
• Additional conditions - some institutions reward clients with higher returns that last for several months.

Savings programs are characterized by variable returns, so changes in parameters and their profitability are inevitable in the long term.

Comparison 2018

You can approach comparing savings accounts across banks in several ways:

An alternative to a deposit for protection against inflation and additional income from savings. If you are actively taking care of your savings and are looking for best rate, sometimes the return can be competitive with the investment. Only interest rate and minimum quantity are taken into account additional conditions. Moreover, savings products allow you to deposit large amounts.

As you can see in the table, stocks for new funds are becoming increasingly popular. In such cases, even if you already have money in several banks, it is enough to transfer it exactly to where the rate is maximum.

Minimum interest rate

Click on the chart to see details

This allows you to manage your savings more easily and does not exclude those who have already dealt with this bank. As you gain experience, you can practice and reduce your balance on the right day. It takes some effort, but it can be rewarding.

Systematic savings. Secondly, this is a convenient way to systematically allocate a certain amount of money. In this situation, you want to protect your savings from inflation, but without having to monitor the timing of your deposits and with more flexibility. Then convenience is important, for example, the maximum possible number of free transfers per month. Transfer fees are quite high. They should only be used in cases of truly pressing needs.

Bid. Remember that the annual rate is almost always quoted, and the nominal return will also depend on how long you hold the money.

Maximum interest rate

Click on the chart to see details

Comparison criteria

Here is a list of the most important criteria to consider when comparing:

• Withdrawal Cost – The service, as the name suggests, is used for savings. As part of the program, the bank offers a higher rate provided that you do not make many withdrawals. To motivate the client to save, only one withdrawal per month is free, and subsequent ones are charged additional fee. Please note this cost.
• Offers for new customers If you are already a customer of the bank, it is less interested in tempting you with high interest rates - often good returns - only for new funds or for new customers. If only new funds are included in the advertisement, you need to withdraw money from time to time. In the next promotional period, you will already be eligible to receive a higher interest rate.
• Insurance.

Which bank to open in?

In the case of promotional offers, the most common is base rate And additional bonus for promotion over a certain period of time. The calculation of the promotional period begins from the moment of the first transfer of funds. This applies to most offers - from the moment of transfer for several days, months, an increased rate is applied to the funds. Some banks indicate that the bonus lasts from the moment of opening or until a specified date. In this situation, only those who opened an account at the very beginning of the promotion can actually use the bonus.

Remember that, unlike a deposit, the profitability may change after some time, the table of fees at the bank will change. After the advertising period, profitability drops. So even if you care mostly about convenience and flexibility, be sure to periodically check what your current interest rate is and whether it's actually a good deal - this will help you compare benefits.

→ What is more profitable: bank deposit or savings account?

What is more profitable: a bank deposit or a savings account?

For citizens who prefer not to spend all their earned money at once, but to create savings, it is, of course, more advisable to keep savings in a bank. However, the traditional time deposit, which has a number of disadvantages and does not provide for the possibility of daily management of funds, has a very convenient alternative - a savings account. In this article we want to look at this type of placement of funds in a bank in more detail.

Cases when opening a bank deposit does not make sense

If a potential investor has a strong desire to accumulate a specific amount of money, say, to make a large purchase, and at the same time he is confident that current income will be enough for him to live, then the deposit in this case will be optimal solution. This method storing and accumulating money involves placing funds for a period specified in the contract. During this period, the bank uses the depositor’s funds for investment, and the owner of the deposit is guaranteed to receive the agreed interest. A completely different situation develops if the investor often enough applies for money placed in a bank account. In this case, a fixed-term deposit is not the most profitable solution.

If, due to a number of circumstances, the depositor suddenly decides to withdraw his funds before the period specified in the deposit agreement, then he will lose a fairly significant amount when recalculating interest charges on the deposit, and in some cases he will be left without interest at all. Most deposits, under the terms of which the client has the opportunity to use the funds in the account, provide for the calculation of charges based on the minimum balance.

Even if the client withdraws money for just a few days, the interest payment upon closing the deposit will be insignificant. Moreover, many set the amount of the “minimum balance”, which cannot be withdrawn without closing the deposit.

Some deposit offers do not provide the possibility of replenishing a time deposit, which is another disadvantage.

When is it more profitable to open a savings account?

As we have already said, a savings account is a worthy alternative to a fixed-term deposit. Owners of most of these accounts have the opportunity to: freely withdraw funds in any amount; top up your account at any time without restrictions; receive interest payments on the “minimum balance” for the billing period.

Many banks offer as a “bonus” an increase in the interest rate depending on the time the funds are in the account. Moreover, the larger this amount, the higher the interest rate.

Money from the savings account can be used to pay for purchases and services; funds from the savings account can be transferred online to other accounts, etc.

You will learn what a savings account is and which bank is best to open it at, get acquainted with the terms for calculating interest and learn how to get the most out of your savings account.

20.04.2018 Evgeniy Zolotarev

Today we will look at a relatively new deposit mechanism - a savings account (SA).

It allows you to earn interest on unused money. Time deposits work according to a similar scheme, but the savings account differs in that money can be withdrawn from it at any time, as well as the deposit can be replenished.

What is a savings account and why open one?

With such an account, the client does not need to hold a fixed amount for an agreed time without the opportunity to withdraw it. While the funds are with the bank, the financial institution uses them for its own purposes and pays interest to the owner of the money.

Although the bank has no guarantee that the depositor will hold the money for a certain period of time, there is a statistically calculated expectation that the funds will not be withdrawn. That is, they can be safely used for investment. The benefit of the bank is obvious. Now let's see what benefits the investor can get from the savings account.

The depositor earns his interest simply by keeping the amount in the bank. The average interest rate on deposits in rubles is not higher than 8%. But even this is a significant amount.

If you take 8% of 100,000 rubles, it will work out 8,000 rubles. For comparison, the minimum wage in Russia in 2018 was set at 9,489 rubles. Having the amount in your savings account will be a good part-time job.

When choosing a bank to open a savings account, you need to carefully consider the conditions, especially any footnotes. Small details can greatly reduce the percentage received.

Interest accrual conditions - overview of the main options

The main thing you need to familiarize yourself with is the terms for calculating interest.

The essence is clear from the name: these are the rules by which the bank will determine how much to pay the depositor. There are several common interest payment schemes, and each has its own characteristics.

Exist different variants interest calculation, you just need to choose the best option for yourself.

Option 1. Percentage of the minimum amount in the account during the month

The most common scheme. It looks simple: the bank monitors the minimum amount of money that the depositor has left, and at the end of the month pays a percentage of this amount.

Thus, having found himself in a difficult life situation, the investor, forced to withdraw money from the National Insurance Fund even for a short time, will also receive little at the end of the month. This situation is undesirable and prevents the implementation of planned plans.

Also, if you deposit money into the account the next day after opening it, for the first month the depositor will receive zero from the bank, because the minimum amount was zero. Need I say that when the account is closed the same thing will happen?

There are few options on how to get the most out of such a scheme. But they exist. For example, put money in before the start of a new month so that the minimum amount for this month is as large as possible, and delay inevitable withdrawals until the beginning of the month in order to get bank payments for the previous one.

Despite the widespread use of the scheme, it is not very convenient. There are two more options for interest calculation conditions.

Option 2. Accruals for a given minimum balance

This method of calculation partially returns us to time deposits. A specified minimum balance is the money that must always be in the account for the depositor to receive payments. All other money lies as on a regular deposit; it can be withdrawn or stored, but the interest will not increase.

Since the depositor negotiates a fixed amount with the bank, the interest under this condition is higher than in option 1. And you can dispose of this fixed amount with one condition - not to receive interest at the end of the month. This type of condition can be called a softer version of a time deposit.

Option 3. Accrual on daily balance

The most interesting of all scheme options. Income depends on the minimum balance for each day.

Thus, there is no danger of losing all your income for the month by withdrawing and depositing money on the same day. What if you keep it on deposit? a large sum even a couple of weeks, this will have a positive effect on the availability of interest.

Opening a savings account in a bank - step-by-step instructions

The process of opening a NS is not complicated; it is much more important to choose the right conditions.

So these steps need to be given special attention.

Step 1. Select a bank

When choosing a bank, pay attention to the following criteria:

• proximity to the location of the branch and ATM;
• bank reliability;
• Terms of Service;
• supported currency.

The reliability of the bank is especially important, since not all savings accounts are insured. Find out how to avoid losing money below. To analyze information about banks, use sites like banki.ru - they contain reviews of real situations that arise in banks. There you will learn about possible problems.

A foreign exchange account is mainly important for those who want to keep it in dollars or euros.

Step 2. Fill out the application

Fill out an application for opening a tax account directly at the bank or via the Internet. Banks provide both methods. The face-to-face option is suitable for those who are not sure that they are able to fill out everything correctly: employees will explain controversial points and help fill everything out correctly. They will answer all your questions.

However, more and more often, bank websites provide a chat service with a specialist, so that you can find out any information remotely if you wish, and at the same time fill out an application without a queue and at any time.

At this stage you already need to choose whether temporary or permanent NS is needed debit card. There are options for opening a deposit for a child before he or she comes of age. There are registered accounts. In general, it would be a good idea to first calculate the profitability of the entire enterprise.

Step 3. Select the terms for calculating interest and sign the agreement

Each bank usually has several methods for calculating income. All that remains is to choose a suitable scheme and conclude an agreement.

Banks often name offers for clients with such attractive names as Gold, Platinum, “Awesome” and the like. They really are “gold”, but you should never forget about the footnotes.

Which bank should I open an account with?

The first option that comes to mind for an ordinary Russian is Sberbank. It is very widespread, it is quite reliable, but the conditions... in other banks there are even better ones. Here are three banks to consider:

Home Credit

Card "Cosmos" - 7.5% per annum.

In order for income to accrue, you must always have at least 10,000 rubles on the card. Besides high percentage, Home Credit offers several “goodies” - issuing a card and servicing it is completely free if it contains more than 10,000 rubles. Cash withdrawals are only charged for the sixth time in a month. There is also 10% cashback from partners.

SovcomBank

Card "Halva" - 7-8% per annum.

Strictly speaking, this is credit card with the function of additional payment for storing additional funds. The usual rate is 7%, but here are the conditions that increase it to 8%: more than 4 purchases per month worth more than 10 thousand. Thus, in principle, it is beneficial to store your money on the card and use it as your main one.

Tinkoff

“Tinkoff Black” card - 3-6% per annum.

To increase interest rates, this bank offers to make purchases of at least 3,000 per month. The bank provides: 3% per annum on balances up to 300,000 rubles, increases to 6% if the condition is met, and for all funds stored over 300,000 rubles - 3% per annum without the possibility of increase.

A 2% commission for withdrawing money is charged only if you withdraw an amount not exceeding 3,000, or more than 150,000.

How to get the most out of your savings account

The answer is simple - constantly store there as much as possible. a large amount. Also, depending on the conditions of the bank, it is worth calculating the replenishment and withdrawal of money from the card so that it causes the least damage. Sometimes the difference of one day increases or decreases income several times.

You need to carefully monitor changes in the terms of service - usually banks do not send out this information, but publish it on the website a week or two before the changes.

In an account that provides for an increase in interest on purchases from the card, you should first deposit money and then withdraw it, so that the minimum balance is as high as possible. When planning to buy expensive shoes, it is better to first pay at least part of the amount for them.

Why are hoardings dangerous?

The main danger of insurance is that they are often not insured, or are insured for a certain amount for all accounts opened at the bank. The harm from this is obvious: the bank will go bankrupt, the account will be frozen, and no one will return all the money to the depositor. If it is possible to insure, it is better to do it with a deposit insurance agency - DIA, otherwise the risk of incurring losses is too great.

The bank may also have special conditions regarding the withdrawal of money. For example, they are only allowed to be transferred to an account in the same bank. Or a commission is charged for the withdrawal - and the size of this commission will not please the investor.