Bank deposits are still the most reliable way to invest your own savings and receive passive income from them. Today, each owner of equity capital has a unique opportunity to choose the most profitable offer in commercial banks, for the reason that the market for offers is quite large. The profitability of the deposit is determined by the interest rate on the deposit, but the highest rate is usually valid for long-term cooperation, although some potential clients need to invest money for a short period, namely for 30 days. Therefore, it is definitely worth reviewing current offers and determining where to open a deposit for a month at a high percentage.
Banking offers today
The peculiarity of bank deposits is that the bank does not limit the terms for placing funds on the account. But at the same time, the client must decide for what period he would like to conclude an agreement with the bank for one month or for 1 year, this is what determines the profitability of the deposit. Next, we will consider where the most profitable deposit for 1 month is, or rather, we will give an overview of current offers for today.
Moscow Industrial Bank
Here you can open a bank deposit for 1 month with an interest rate of 5.5% to 6% per year, depending on the amount of the deposit. The interest rate is determined as follows:
- with an amount of 3,000 rubles or more - 5.5% per year;
- from 100,000 rubles 5.75% per year;
- from 1.5 million rubles 6% per year.
Among other conditions, there is no replenishment, early termination of the contract is not provided without loss of interest. For pensioners, an increase in the interest rate by 0.25 points is provided. Prolongation of the contract is carried out automatically, but not more than 24 times.
Please note that the bank indicates the annual interest rate, that is, to calculate your profit for 1 month, you need to calculate the interest using the following formula: the interest rate divided by 12. For example, if the annual interest rate is 5%, then for a month your profit will be 0.416% of the original deposit amounts.
Bank Avangard
If you are looking for a term deposit for 1 month, then the offer from Avangard Bank "Basic Internet" is ideal for you, according to the terms of which interest is paid at the end of the term without capitalization. By the way, under the terms of this offer, you can open a savings account for a period of 10, 20, 30, 90, 183, 365 days. If you make a deposit for 1 month, then an interest rate of 6.5% per year will apply, the minimum amount is from 10,000 rubles. But you can open a deposit and carry out various operations on the account only remotely, through Internet banking, respectively, the service is available only to existing customers of this financial institution.
Sovcombank
The “Interest on Interest” program operates here, the minimum term for placing funds on the account is 31 days, while the interest rate is 6.9% per year, the minimum amount is 30,000 rubles. If you are already a client of the bank, you can open an account without leaving your home, through the Internet banking system, while your rate will be increased by 0.3%. The contract is extended for the next term automatically.
Rosselkhozbank
Here, among the numerous deposit offers, there is a “Profitable” deposit. According to its terms, a potential investor can place funds for a period of one month with an interest rate of 6.5% per year. The minimum amount is from 3000 rubles, interest is paid at the end of the term of the contract. Prolongation for the next term is carried out automatically.
Please note that when opening a deposit account via the Internet service, the rate increases by 0.2 points.
J&T Bank
Here, the bank offers its customers the Maysky deposit, according to its terms, the rate is 7.5% per year, the minimum validity period is 31 days. Amount from 500,000 rubles. By the way, there is no auto-renewal of the contract for the next term, interest is paid at the end of the contract.
Bank "Revival
Here you can open a deposit for a period of 32 days. In this case, the conditions will be as follows:
- amount - from 10,000 rubles, rate - 6.4%;
- amount - from 500,000 rubles, rate - 6.6%;
- the amount - from 1.5 million rubles, the rate - 6.7%.
According to the terms of the agreement, interest is paid at the end of the term. The extension of the contract is carried out automatically.
Marine bank
Here you can open a deposit for a month at an interest rate from 6.95% to 7.15% per month, depending on the amount. By the way, the minimum amount is from 3000 rubles per month, interest is paid monthly. The contract for the next term is extended automatically.
Denizbank Moscow
This is a commercial bank, the branch of which is only in the capital of our country. Here, a potential investor can open a term deposit for a period of 10 to 29 days in the amount of 600,000 rubles at an interest rate of 5.25% per year. Moreover, if you open an account for a period of 30 to 90 days, the interest rate will be increased to 8.25 percent per year.
Advantages and disadvantages
As you can see, opening a deposit for a month at a high percentage is quite simple, because there are a lot of offers on the market. At the same time, short-term deposits have several advantages and disadvantages. Among the disadvantages is that the client cannot count on capitalization of interest insofar as most banks pay out profits at the end of one calendar month. If the client has not received the money at the end of the contract and, according to the terms of the bank, a prolongation is provided, then his profit will be added to the body of the deposit, respectively, in the next period, interest will be charged a large amount. In addition, short-term deposits cannot be replenished and partially withdrawn in cash, to be more precise, the money can be received at any time, but the bank will change the conditions and reduce the rate to the rate on the “On Demand” account, which ranges from 0.01% to 0, one%.
Advantages can also be found, for example, if you have free funds, then you can deposit them into the account for a short time and get a small benefit from them. In addition, if you do not dispose of your money in a timely manner at the end of the contract, the bank will automatically extend the term for you, only the nuance is that during the prolongation, the rates on the day of the prolongation are valid. That is, if the bank for this period, while the funds were placed on the account, reduced the interest rate, then for the next period your savings will be placed at a lower percentage.
Please note that all conditions in the bank are strictly individual and regulated by the deposit account maintenance agreement.
Thus, each potential depositor has the opportunity to place his funds in a bank account for any period. Opening a deposit for 30 days will be quite simple, for this you need to choose only one of the many offers of the bank and personally contact the branch or use the remote service.