Short-term or long-term deposits: which is more profitable? Comparison of short-term deposits The most profitable short-term deposits

Short-term deposits are deposits for a short period of one month to six months. The most popular is a deposit for three months. It minimizes the risks of losing funds, and is able to bring income to the owner of the deposit. The amount of income directly depends on the amount of the deposit.

Short-term deposits are a type of deposit banking service. This means that it will be impossible to withdraw funds from the account in full, according to the terms of the contract. But most often, banks provide the opportunity to monthly withdraw the amount from the accrued interest, or set limits below which the funds in the account should not decrease.

Since the placement of money is supposed only for a short period of time, a large income should not be expected, but in some cases it is worth giving preference to this particular type of deposits.

For example, if you have a large amount of money on hand for a certain purchase, but the sale and purchase agreement can be concluded only after a few months, you can take advantage of this time and place the amount on deposit. Thus, the money will be protected from inflation, and I can bring income.

Any banking product raises doubts and fears of the population whether it is worth trusting their funds to short-term deposits:

• A short period of placement allows you to plan your major expenses and calculate the possible period of lack of access to money.
• The percentage of the rate is unstable, it goes up and down. Using your funds for a short-term deposit, it is likely that by the expiration date of the contract the rate will increase, and re-investment on new terms will be even more profitable.
• Making a deposit for a short period of confidence that nothing will happen to the bank, and hence the deposit.
• An open deposit must be insured.
• The interest rate on a short-term deposit is slightly less than the rate on long-term terms.
• Often, a clause of the contract indicates the possibility of prolonging the contract, with minimal labor costs for the depositor, if he has not decided to stop cooperation with a banking institution.

Offers of banks on short-term deposits.

It is difficult to find the disadvantages of a short-term deposit, it can only be noted that the rate on long-term deposits is still higher, but sometimes we are talking about tenths of a percent.

How to open a deposit for a short time

Unfortunately, not all banks provide such a service. Before proceeding with the registration, it is worth clarifying whether such a deposit is possible in the selected bank. When the issue with the bank is resolved, it remains only to go through the registration stage.

Opening a short-term account involves the following steps:

1. Registration via the Internet. This method is suitable if there is a bank card with deposited funds intended for a financial transaction. We go to the official website of the bank in your personal account, register, go through the necessary tabs, confirm the operation with a code sent to the specified phone number. Everyone, we are waiting for income. All operations provided for the depositor can also be performed without visiting a banking institution.
2. When visiting a bank branch in person, you must have a passport and funds with you, cash or on a bank card, it does not matter. Consider all offers of the bank with a thorough study of the conditions of the deposit. Sign an agreement for a short-term deposit and deposit money into an open account.

What experts think about high-interest deposits, see this video:

Conditions for opening a short-term deposit

Opening a short-term deposit at a high interest rate in an economic situation is the most reliable way to save and receive income from your capital.

Do you want to earn extra income every month? Then follow the link for details.

1. Contract time. The funds used for the deposit cannot be used until the expiration of the signed agreement.
2. The amount of the bet and the amount of income from the invested amount.
3. What is the minimum amount to open a deposit.
4. Possibility to withdraw interest: monthly or in full at the end of the term of the deposit.
5. The ability to replenish the deposit, thereby increasing the final amount of profit from the deposit.
6. Degree of reliability of the bank, place in the rating of licensed banks of the Russian Federation.
7. Specify if the agreement contains a clause on auto-renewal of its validity, this will eliminate the need to visit the bank again, if you wish to extend the deposit for another period.

Offers with high interest rates for residents of Moscow

According to statistical studies of the types of deposits, sociologists noted that the number of short-term deposits is increasing. Citizens are beginning to appreciate the possibilities and benefits of this type of income from accumulated capital.

Banks offer deposits with special rates for pensioners, you can read about it

With minimal risks for your funds, it becomes possible to receive income at a rate that is at the level of long-term deposit rates. Among the most generous at a high rate for residents of Moscow and other regions are the following banks:

• Gazprombank - rate from 8.7%;
• Moscow Credit Bank - from 8.5%;
• Promsvyazbank - from 8.25%;
• VTB24 - from 7.9%;
• RosselkhozBank - from 7.3%;
• Bank Otkritie - 7.11%;
• Alfa-Bank - from 6.15;
• Sberbank - from 6%.

Programs of Sberbank, VTB24 and other Russian banks

Interest rates

The bank interest rate is not constant, depending on many external factors, both external and internal economy. First of all, the rate of banks depends on the rate set by the Central Bank of Russia, this figure serves as a fulcrum for further work of representatives of the banking sector.

The higher the key rate, the higher the interest on deposits offered by banks to their potential depositors. This situation was especially relevant in 2014, when the key rate rose to the highest level in the last decade.

It is important not to miss this day, because if you visit the bank after the expiration date of the agreement, it is likely that the agreement will be automatically extended, which means that you will not be able to use your funds for another deposit period.

To close the deposit, a few days before its expiration, it is worth visiting the branch where the deposit was made.

What is a deposit and what are its types?

You must have your passport and your copy of the bank agreement with you. The specialist will offer to fill out a questionnaire or application on the desire to deposit and clarify the conditions for the return of the deposit and the amount of income received on it.

Today the situation on the financial market is not the most stable, inflation is constantly rising, the ruble is falling, and oil prices are reaching historic lows, which leads to other problems. Because of such situations, many investors are wondering: for how long to make a deposit in order to get the maximum benefit from the investment and not lose all the money at once?

The issue is very important, since it affects a fairly large number of residents of the entire vast country, and if we take into account the number of banks and the confusion between them, then many depositors are lost and completely lost.

Average terms
First, it is worth understanding the average terms for accepting deposits, which are set in each bank, but then they form a whole network of terms for deposits, investments and deposits.

The shortest period for which you can deposit money in a bank at interest is one month. In some banks, the minimum bar has never dropped below three months or a hundred days.

If we talk about the maximum term, then everything is almost the same: only some banks offer to deposit money at interest up to five years. Still, other financial institutions do not dare to take on such responsibility and try to limit customers: they set a maximum deposit period of three years.

Among the most profitable banks in terms of terms, Sberbank and VTB24 can be noted, these two giants stand out from the general list of the country's largest banks. So, Sberbank offers its clients to invest money for a minimum period of one month, which can be very convenient for some.

VTB24 stood out in that it set the maximum bar for deposits higher than that of its competitors. For several years now, customers of this bank have been able to make deposits at fairly favorable interest rates for up to five years, which is very rare on the market, if it is found elsewhere.

Benefit of any deposit

Many experts argue that the maximum profit can be obtained from absolutely any deposit opened for any period. In this case, the main role is played not by the term, but by other factors that increase the profitability of the deposit, although the term of the deposit will still remain in the ranks of the first factors responsible for the final profit on the deposit.

So, the maximum profit can be obtained thanks to a timely made contribution or a deposit with a correctly drawn up contract. For example, the purpose of placing a deposit can bring much more interest if the bank sets this in its rules.

The client should closely monitor inflation in the country and the dynamics of average interest rates on various deposits. This is done in order to get the maximum benefit from a deposit opened for any period.

Advantages of the minimum deposit term

The main advantage of a short-term deposit is profitability due to slowly rising average interest rates. For example, a client can open a deposit for three years at a low interest rate. After a few months, the rate may slightly increase, and after a few more months, increase by several points. What should the client do?

He will be able to withdraw and re-put money only if there is such an opportunity. Therefore, it is recommended in such a situation to invest money only for periods not exceeding six months. The most favorable period in this situation is considered to be three months, during which time the interest rate will have time to rise to normal values, and the client will not lose much due to the deposit at a low rate.

If a large amount is placed in the bank, then this condition will be quite important, since the main profit depends on it, for the sake of which deposits are placed.

Long term benefits

The long term is characterized by the same interest rates and their dynamics. Only in this case, it is necessary to focus on a decrease: if the average rate is slowly decreasing, then it is better to choose a deposit at a higher percentage, which will freeze at this level.

Due to the instability in the market, it is recommended to choose a long term, but with one condition: early termination of the contract. In fact, this condition is the most important point when making a long-term deposit, since the client in this case can withdraw money at any time.

It is worth noting that all rates on long-term deposits are slightly higher than the interest on short-term deposits. This is due to the benefit of the bank and some other factors.

It turns out that the choice can only be made by the client of the bank. We can only say unequivocally that a more profitable deposit cannot be predicted, everything depends only on the client's desire, his needs, goals and the dynamics of interest rates that exist in the country. At different times, completely different terms for deposits are profitable.

Proper investment is an important component of financial success. It is not easy to choose the optimal deposit with an increased interest rate for a short period of time - numerous banking offers are filled with various conditions and nuances, which require a lot of time to study. You can find the most profitable short-term high-interest deposits in Moscow on the website portal, which combines all relevant information on deposits in Moscow.

Choosing a bank to deposit money

Often, citizens, having a significant amount of funds in rubles or foreign currency, seek to find favorable conditions in banks for the safe and profitable placement of this amount. Most people choose a bank to open a deposit - the most reliable and standard way of investing capital, which allows not only to save finances, but also to provide some profitability in annual percentage terms. Many banks today offer depositors deposits for short periods, where there are high interest rates, minimal risks, as well as interesting conditions for the client. The income from bank deposits for a short term is higher than from long-term investments, where a citizen or legal entity often has the opportunity to receive money back on any day while maintaining (partially or completely) accruals at a rate. Short-term deposits at a high interest rate in Russian or foreign currency, as a rule, are distinguished by the maximum profitability, since they are not subject to withdrawal until the moment determined by the terms of the banking product.

How to choose the best option for an urgent investment?

Finding the most profitable short-term deposit in rubles for a month in dollars for 180 days is not always easy on your own, because when choosing, you should take into account not only interest rates, but also the possibility of an insured event, the likelihood of early withdrawal, partial replenishment, allowable limits for a foreign currency deposit, and others factors. The portal site offers a convenient service that presents the best short-term deposits in rubles in Moscow banks. All the information presented is up-to-date, and the sorting filter allows you to select any criteria of interest:

• planned deposit amount;
• crediting period;
• Russian or foreign currency;
• participation in the insurance program;
• additional conditions - capitalization, preferential termination, replenishment, conditions for early withdrawal of funds, etc.

Also, in the card of each offer there are customer reviews, which provides the user with access to information about the bank directly from the clients of the financial structure.

Benefits of using the site service

Do you want to know what short-term deposits in foreign currency are presented by capital banks? Do you want to choose a profitable deposit in rubles? Are you planning to invest a large amount for a short time? Any deposits and the best rates on short-term bank deposits are presented on our resource. Users can appreciate the following benefits of the portal:

• always up-to-date, systematized information;
• wide functionality for the selection of optimal conditions;
• convenient navigation;
• quick jump to any offer.

To select the most favorable conditions for investment, it is enough to set the necessary parameters in the filter - and you will be presented with all currently available offers. Having chosen the appropriate option, you just need to click "Make a deposit" - and the application will be instantly transferred to the banking operator. The portal site is an excellent guide to the best offers of Russian financial companies and banks.

And almost everyone wants to place their deposit at high interest, but how to do it?

For different benefits, the bank is ready to pay customers differently

It's no secret that the basic principle of a bank's operation is to make more money than you spend. There are two main ways of banking earnings, these are:

lending.

If, in principle, a bank does not need additional financial resources for cash settlement, then in order to lend, it needs to have funds that are issued to customers.

Deposits are the main source of attracting financial resources to the business. And even despite the different interest rates, they are all similar to each other, but, of course, they have slight differences.

Percentage - a way to attract customers

In order to attract the maximum amount of funds in the shortest possible time, banks offer customers to place a deposit at high interest rates. And it is natural that the bulk of people will choose exactly those financial institutions that set the highest rates.

After all, if around the corner the bank offers more favorable conditions, then why not go there to make a deposit?

Financial consultants can, of course, start talking about the fact that you don’t need to look at the interest rate, but you need to study the bank’s rating, its connections, reliability and financial stability, especially when it comes to high-interest foreign currency deposits.

There is some truth in this and some lies. In fact, with these words they are trying to play on your desire not to be left with a nose and not lose your money.

This, by the way, is a pretty effective way that allows some banks to have a wide customer base without offering any of them to place a deposit at high interest rates.

The highest deposit rate

To be honest, since 2009, most people have learned not to trust their money to banks, which then burst like bubbles. But little by little confidence in the banks is being restored, although the current currency fluctuations are cause for concern. But the old currency deposits at a high percentage, of course, can no longer be found.

If we analyze the banking services market, we can see certain trends that are firmly entrenched in the Russian Federation. Let's take a look at them.

Of course, the bank is different from the bank, and everyone has their own personal policy on deposit programs, offering a deposit at high interest rates. Despite possible significant differences in interest rates on deposits, the difference between loan and deposit conditions is basically the same.

That is, the difference between the average rate on deposits and loans in most financial institutions of the Russian Federation is at the same level.

Which deposits are better to choose in order to get the maximum benefit?

Unfortunately, the current deposit conditions, even high-interest bank deposits, do not allow you to really earn on your money. This was especially clearly understood by bank customers who preferred to open deposits in rubles in the hope of a higher rate than in foreign currency.

Due to the fact that the ruble fell sharply against the dollar, the actual capital of depositors depreciated almost twice. Meanwhile, at the end of the term at a high percentage will bring no more than 13% of income. This is even if inflation is not taken into account. And those who were able to feel the risk and place a deposit in dollars, on the contrary, won.

Comparing the interest rates on deposits offered by banks in the Russian Federation with the level of European countries, you can see that banks abroad are willing to pay much less for financial resources. Accordingly, the size of the loan premium is also much lower than under the conditions offered on the Russian financial services market.

Criteria to consider when choosing the type of deposit account

In order to determine how it is most profitable to place money in a bank, it is worth considering the following points:

the level of the interest rate;

term of the deposit;

terms of termination of the contract, obligations of the parties;

the reputation of the financial institution;

Let's look into them in more detail.

Deposit conditions should not be misleading

In search of the highest interest rate, it is easy to fall victim to a scam. If the level of deposit interest is clearly different from the average market conditions, then this should immediately be alarming.

For example, this may mean that the bank is critically short of cash. Such a position can lead a banking institution to rapid bankruptcy. After all, by raising rates on deposits, you automatically need to increase commissions and interest on loans. And this already threatens that customers may turn away from the bank.

Looking for high interest deposits for 6 months? Check out the following information

Often the highest rates are observed in deposits that are placed for 9-12 months in the national currency. In addition, an important factor is the conditions for withdrawing interest and the body of the deposit.

If you provide the bank with information that you will not withdraw the deposit ahead of schedule, you can count on offers with more favorable conditions for yourself. Although there are various programs for the rapid attraction of money supply, if the bank does not have enough working capital.

In such cases, financial institutions offer short-term high-interest deposits with maturities of 1 to 3 months. But they are the hardest to earn. It only looks like that you are offered as much as 15%, but this is not for the period of the contract (the period for which the money is placed), but for the whole year. So, considering short-term deposits at a high percentage, divide the proposed level of interest by the term of the deposit agreement.

It is also worth noting one pattern - the larger the banking institution, the lower the deposit rate it can afford. Yes, on the street you can see how some unknown bank offers 15, 17, or even 20% per annum.

Is it worth believing that your money will be returned to you? It is very likely that this small financial agent will burst in 3-4 months, and your money will be in someone's pocket, but not you. Even if you want to place deposits for a month at a high percentage, no one will give you a guarantee that any such financial institution will return your money.

At what level are deposit offers today?

Rates can change daily, as they directly depend on the bank's policy and the operating situation in the financial services market.

If you go to the banks today, on average you will be offered:

time deposits in rubles - from 6.0% to 10.0%;

for the same deposits, but in US dollars - no more than 3%;

deposits with an unlimited validity period - no more than 2% if placed in rubles and even lower - in foreign currency.

You can compare these figures with the average inflation rate in Russia, which since the beginning of 2015 has amounted (according to the official version) to just over 10.5 percent. And if we take into account the fact that the ruble exchange rate fell twice, then everything looks even worse.

Thus, it will not be possible to really earn money on any type of contribution.

Read what you sign

There is a sad fact that of all clients, no more than 10% read the contract. A distinctive category are lawyers who carefully read every word, trying to find some catch.

Often, in contracts for deposits in rubles at a high interest rate, as well as in any other, opaque conditions can be prescribed, which come with pitfalls. For example, you are interested in a high interest rate, which is several points higher than in other banks.

In the contract with such a bank, the payment of a commission may be prescribed when placing or withdrawing a deposit. Or there may be penalties for early withdrawal or something similar.

Banks issue banking products such as short-term deposits - they last only a few days - and this is what attracts depositors the most. The reason for the emergence of such a product is that the threshold for increasing the profitability of the loan portfolio has been reached and banks have to look for other sources of profit. To attract free funds of the population, banks are developing more and more new banking products, and the range of these deposit products continues to expand, while offering various options for investing money and increasing interest rates.

We have already talked about demand deposits, but in the arsenal of banks there are also term deposits, the terms of which vary from several days to several years.

Term deposits, which we will call short-term, are a good means for saving and generating income. The only condition for the profitability of such deposits is that a significant real income can be obtained by investing very large funds.

To date, the most attractive rate on short-term deposits is 14% per annum, but not all banks are at risk of taking this step. Often, the initial amount for opening a deposit, taking into account the high interest rate, can be several hundred thousand rubles. This is a selective factor for the wide spread of such financial transactions. Therefore, in order to significantly increase your income in this way, you will have to invest very large funds, which not everyone can afford. But using one of the offered deposits, you can try to accumulate a large amount for a certain time period.

Many banks offer to use short-term deposits for the sole purpose of securing customer funds. And the attractiveness of such deposits is mainly aimed at maintaining the purchasing power of funds not below the level of existing inflation. We add that the interest rate on short-term loans for a period of several days fluctuates between 10-14% per annum.

When investing money in short-term deposits, banking institutions offer conditions that are not attractive, but sufficient to maintain the purchasing power of customers' funds at the level of inflationary interest. And the average rate on these deposits is now from 6 to 9% per annum.

As an example of a short-term deposit, let's take a banking product of the Bank of Moscow. In a wide range of deposits, this is a new product, more suitable for representatives of medium and small businesses. It is clear that enterprises and companies often have extra funds and why not try to make money in a short period of time using them?

The "Overnight" deposit offered by , is mainly designed to attract funds from individual entrepreneurs and legal entities. Validity of such deposit is 1 day. It is noteworthy that the bank sets the interest rate every day, and it directly depends on the state of the interbank market rates. The minimum deposit amount of the Bank of Moscow is from 1 million rubles to 1 billion rubles. It is easy to imagine what income is received from the invested amount, even if the minimum rate is 10% per annum. The main currency for a term deposit is the ruble, which, according to banks, is more prone to inflation. This all applies to the proposed product "Overnight". Other banks, as a rule, offer the opening of time deposits for a period of 2 to 7 days. The amount of the minimum deposit is set differently and can sometimes reach several hundred thousand rubles.

If we talk about the attractiveness and profitability of short-term deposits, we must also remember that banks are also vulnerable and can be subject to sharp financial disasters. A depositor takes a huge risk if he decides to put all his funds on one deposit in one bank, because in the event of an unexpected bank failure, he can immediately lose all his savings. We have already written that the state guarantees insurance of deposits in the amount of not more than 700 thousand rubles and gives higher priority to the protection of investments of individuals. But the funds that were invested by an individual entrepreneur or firm can easily disappear. And here one of the means of protecting one's finances is the option of placing funds on short-term deposits in several banks. In this case, your money will be insured to some extent against possible troubles.