Deposits with monthly interest capitalization are popular among bank clients. Compared to classic deposit programs, they have high returns. This is explained by the fact that interest is accrued throughout the entire term of the agreement and is periodically added to the principal amount of the deposit.

The most common types are monthly, daily and quarterly capitalization. This means that interest, for example, is calculated at the end of each month and added to the deposit amount, and subsequently interest is calculated on interest, thus increasing the final profit.

For analysis, we selected the country's largest banks with good credit ratings. The reliability factor is one of the most important when choosing a bank to place a deposit, because when entrusting his money to a credit institution, the client wants to be sure that he is not putting his savings at risk.

Having studied the available proposals, we included in the rating Sberbank, VTB24, Gazprombank, Rosselkhozbank, Bank of Moscow, Alfa-Bank, Raiffeisenbank, Promsvyazbank, NOMOS-BANK, UniCredit Bank, Rosbank, Russian Standard, URALSIB, Home Credit Bank and Citibank. They are designated as systemically important and actively promote their deposit products.

The rating includes profitable deposits with capitalization, with a maximum interest rate in Russian rubles. The table shows the nominal rate excluding interest capitalization. For the analysis, we took standard programs suitable for all categories of depositors, which can be applied for at the bank’s office. We did not consider special offers, for example, for pensioners or students, in the same way as online deposits. The table includes deposits with monthly interest capitalization (both replenished deposits and not), one from each bank (with the maximum rate).

Note!

We have selected for you the best offers from the largest banks in the country with good credit ratings.

Analysis results

During the analysis, we found out that almost all credit institutions offer several programs with interest capitalization in rubles, US dollars and euros. It turned out that only Citibank does not have capitalized deposits. In Sberbank, capitalization is possible for all programs, and the client independently chooses: to withdraw interest or add it to the principal amount of the deposit. The interest rate usually depends on the term and amount of the deposit. At the same time, the minimum rate is 5.6% per annum (at Raiffeisenbank), and the maximum is 10% per annum (at Home Credit Bank).

Below we will consider in detail the terms of deposits of the rating leaders.

Home Credit Bank

The bank offers to open a “Profitable Year” deposit in rubles with monthly capitalization (at the client’s request) and the highest rate among other participants in the rating. The initial deposit is only 1,000 rubles, the term is 12 months. It is possible to make additional contributions in the amount of 1,000 rubles, but no later than 90 days after registration of the deposit. The contract does not provide for the withdrawal of part of the funds from the account. The interest rate does not depend on the deposit amount and is 10% per annum. In case of early termination of the deposit, the rate is 4.5% per annum.

Alfa Bank

In second place in the ranking is the Pobeda deposit with the maximum rate among other Alfa-Bank deposits. The minimum down payment amount is 10,000 rubles, the placement period is 92, 184 or 276 days, 1 year, 550 days, 2 or 3 years. Deposit currencies are rubles, US dollars and euros. Interest is calculated monthly and added to the principal amount of the deposit (capitalized). The nominal rate depends on the term, amount and is 6.6-9.5 percent per annum in rubles. The contract does not provide for the possibility of withdrawing part of the funds and replenishing the account.

VTB 24

In third place in the ranking is the “Optimal Choice” deposit in rubles. The client independently decides whether to receive interest on a separate account or add it to the deposit amount. The frequency of interest accrual is also chosen by the investor. You can receive interest monthly, quarterly or at the end of the term. Additional contributions in the amount of 1,000 rubles are accepted. Only capitalized interest may be withdrawn from the account.

The interest rate depends on the term and amount of the deposit. During the period of placement of funds, the bet size decreases. The contract period is 18 months, the amount of the down payment is 30,000 rubles. The interest rate for up to 180 days is 9% per annum, from 181 days to 545 days - 5% per annum.

URALSIB

The fourth place in the ranking is occupied by the “Stable” deposit in Russian rubles, US dollars and euros. The minimum amount for placing funds is 10,000 rubles, the period is 91, 181, 271, 367, 541, 732, 1100 days. It is possible to top up your account during the contract period. However, when making additional contributions, restrictions apply, which can be found on the bank’s website.

The minimum amount of additional contribution is 5,000 rubles. When moving to the next amount gradation, the rate increases. Interest is accrued monthly and, at the depositor's request, is capitalized or paid to a separate account. The interest rate depends on the term and amount of the deposit and is 6.7-9 percent per annum.

Rosselkhozbank

In fifth place in the table is the “Classic” deposit in rubles, US dollars and euros. The minimum down payment amount is 3,000 rubles, the term is from 31 to 1460 days. Interest is paid at the client's choice: at the end of the term or monthly, to a separate account or added to the principal amount of the deposit. Replenishment of the deposit and withdrawal of part of the funds from the account are not provided for in the agreement. The interest rate depends on the term, the amount of the deposit, the method of placing the deposit and the frequency of interest payments. Subject to interest payment at the end of the term, the rate ranges from 6.5% to 9.9% per annum, and with monthly interest payment and capitalization - from 6.5% to 8.80%.

This is a profitable placement of funds, in which interest is accrued not only on the original amount, but also on the amount received as income while the deposit is in the bank.

A bank deposit with monthly interest capitalization is often the most profitable way to increase savings. But, as in any matter, it is necessary to master the rules of effective accumulation. Moreover, the list of financial services for placing deposits is varied.

One of the main indicators is the time period, after which the amount from which income is accrued is recalculated. This could be one day, month, quarter or year. The usual practice is to recalculate the accrual base after a month.

It is most profitable to place the best deposits with capitalization and replenishment in Moscow in the following cases:

• it is possible to deposit money for a long time;
• there is no need to spend dividends received in the short term.

The best bank deposits with interest capitalization - what you need to consider

The nominal value of the rate offered by financial institutions in Moscow may be lower compared to deposits on which accrued interest is paid monthly or at the very end of the placement of funds.

To obtain the best savings conditions, you must request an effective rate from the bank, which takes into account intermediate recalculations.

But even in this case, it may turn out that the conditions for a deposit with payment at the end of the placement period will still be better. It should be taken into account that such financial instruments do not allow replenishment and early withdrawal. Initially, apparent attractiveness may not justify itself in practice. Therefore, banks are offering them less and less to their clients.

Considering all the details about profitable deposits with monthly capitalization and replenishment, start the registration procedure by filling out the online application form.

With capitalization in 2020, they are especially popular because they allow you to make a good profit. Users of offers can additionally receive an amount accrued above it.

Terms of deposits with capitalization in Moscow

Capitalization of interest on a deposit account in Moscow can occur:

• annually. This option applies only to long-term deposits;
• quarterly. Interest is calculated and added to the deposit body every 3 months. Such an offer brings the investor a higher income;
• monthly. The most popular scheme. Rates on deposits with capitalization can be increased every month.

Foreign financial institutions also have proposals for daily capitalization, but it is not popular in the Russian financial market.

The best way to select a deposit is to use. A convenient tool for selecting the best options for your requirements

Not all programs require capitalization. It cannot be used if there is a possibility of partial withdrawal or early termination of the contract. A deposit with a monthly capitalization in Moscow is often issued under rather strict conditions, but it provides the opportunity to receive maximum income.

Before you start, we recommend choosing a reliable financial institution with a good rating. You can find it on our website. You can easily find a deposit with interest capitalization in Moscow. Some offer to open an account remotely. To do this, you only need to have an existing bank account with this institution.

The problem of choosing the type of savings account is the most pressing for those who decide to entrust their money savings to a bank. The most profitable ones today are deposits with monthly interest capitalization in Moscow. This service has been offered by many financial institutions over the past few years. The benefits of such a program are most clearly visible when funds are placed in an account for a long period of time (a year or more).

At its core, capitalization is a monthly or quarterly increase in the size of an investment by charging interest on the principal amount and on the profit from it. Thus, the maximum income on the deposit is achieved. And even in the case when the interest rate on a capitalized account is lower than the standard one, until the end of the year the final profit will be higher.

It should also be noted that deposits that do not involve early partial withdrawal of funds are of particular benefit to clients.

Terms of provision and opening procedure

Savings programs can be of several types:

The conditions for opening savings accounts are quite simple and concise. The client must meet only a few requirements:

Deposit programs in Moscow banks are characterized by the following parameters:

0.2 - minimum rate in% in Moscow in rubles;

7.43 - maximum rate in% in the city in rubles;

0.01 - min rate in % in Moscow in foreign currency;

2 - max rate in % in the city in currency;

Savings account - the most profitable (with the highest rating) deposit in the city in rubles;

3 - minimum rate in % of the most profitable deposit in rubles;

7.43 - maximum rate in % of the most profitable deposit in rubles;

1 - the minimum amount to be deposited for the most profitable deposit in rubles;

from 1 month - placement period for the most profitable deposit in rubles;

Multicurrency Premium+ - the most profitable (with the highest rating) deposit in Moscow in foreign currency;

2 - minimum rate in % of the most profitable deposit in foreign currency;

2 - max rate in % of the most profitable deposit in foreign currency;

847500 - min amount to deposit for the most profitable deposit in foreign currency;

370 days - placement period for the most profitable deposit in foreign currency;

In order to open a deposit at high interest rates it is enough:

1. Go to the official website of the banking organization.

2. Study current offers.

3. Make a choice in favor of the most profitable program.

4. Complete and submit an online application of the appropriate form.

5. Visit the nearest branch of a financial company and conclude a cooperation agreement with it.

The ability to arrange a capitalized deposit allows you to effectively use the client’s available funds. The advantages of such a program are: a convenient system for accumulating and increasing finances; creation of a reserve source of budget replenishment; security of funds storage; obtaining maximum profit.

Every person is interested in increasing his existing opportunities and material resources. Deposits with and replenishment look like a pretty good option against the general background. What are they? What advantages do they have? Why are they attractive to the average citizen? We will talk about all this in this article.

general information

First, let's find out what deposits with interest capitalization and replenishment are. This is the name of special savings programs that provide that all interest received on the basis of the concluded agreement is added to the amount of investment, and, starting from the next billing month, a certain amount established by the conclusion is also accrued on them.

Example

To understand better what deposits with interest capitalization and replenishment are, let’s look at how everything happens in reality. So, let's say there is a person with savings of 100 thousand rubles. He decides to deposit them. He is interested in deposits with interest capitalization and replenishment. Sberbank offers the best conditions, and it is this financial institution that he turns to. An agreement is concluded on the registration of a deposit on the ninth day of a certain month at 12% per annum. Time has passed, and the interest begins to trickle in. In one month, an amount of one thousand rubles accumulates. On the ninth, it is added to the 100,000 that make up the main body of the deposit. And interest is already accruing on 101 thousand rubles. That is, in the second month a person will receive not 1000, but 1010! The benefits of this approach are obvious. But are things really as they seem?

Hidden nuance

At first glance, the advantage of deposits with capitalization is obvious. After all, the amount on which interest will be charged is constantly increasing. Using the example discussed earlier, you can see with your own eyes that the usual 12% and capitalization of 12% are different things. True, such a benefit can only be obtained theoretically. Where is the hidden nuance here, where is the catch? But the point here is that the interest rate offered is, as a rule, much lower than for “accumulated” funds. Therefore, capitalization often does not give the expected effect. If you take and calculate the profit received, it turns out that in the case of short terms it is more pleasant to use deposits with payment at the end of the contract term or monthly. Moreover, the difference can reach significant amounts, both in quantitative terms and in percentage terms. There is such a pitfall. And calculating the deposit with interest capitalization and replenishment allows you to find out whether the deposit is really profitable, or perhaps other offers will be more interesting. But is it really that bad? Let's make another turn and look at the existing problem from a different position.

Advantages of long terms

Let's say we have a spherical depositor in a vacuum who has given birth to a child. He decides to his coming of age. He has ten thousand rubles and two offers to choose from:

1. Open a deposit without the possibility of additional capitalization at 25 percent. At first glance, this is certainly the most profitable option.
2. Open a deposit with capitalization at 15 percent. It may seem that this option is immediately eliminated.

Agree, many, without hesitation, will choose the first option, since it offers the best conditions. But at the time of adulthood, the second option will give a gain in quantitative terms of a little less than twenty percent! Can you imagine? Almost one fifth of the benefit! Although, in fairness, it should be noted that the money received from the first option will generally have greater purchasing power, so both options should be carefully considered in order to decide which is better.

Who is this suitable for?

It should be noted that deposits with capitalization of funds are of interest not only to those people who are saving money for their child’s coming of age (or retirement). Those people who cannot or do not want to receive interest every month also make their choice in favor of this approach. A separate comprehensive solution is offered especially for them. It represents deposits with capitalization of interest and replenishment and partial withdrawal of funds. Although this, of course, is not the only possible option. After all, you can make a deposit so that all funds are automatically transferred to your savings card. Despite the availability of various opportunities, you should still take into account the profitability of the funds received.

Who to contact?

If you want to find out what the options considered are in practice, you can pay attention to the largest financial institutions. Deposits of Sberbank with capitalization of interest and replenishment, VTB 24, Alfa-Bank, as well as a number of other large service providers offer relatively small interest. In addition, much depends on additional conditions. So, if you enter into a deposit agreement, you can expect to receive 5-8 percent profit per year. It should be noted here that the result largely depends on the situation. So, when a financial institution requires additional funds, it increases the amount of interest paid. On the one hand, this is certainly beneficial. But on the other hand, it indicates the presence of certain problems. Therefore, although they are considered a relatively safe investment, you still need to think carefully about whether you should trust your savings to a particular financial structure.

Conclusion

The peculiarity of people is that we ourselves can make decisions that will subsequently affect our standard of living. Although it cannot be said that deposits with monthly interest capitalization and replenishment are something that cannot be avoided, they can still have a positive impact on the future. So, let's say someone wants to open their own enterprise. And this is a costly business that requires money. They can also be obtained on credit, but it is unlikely that anyone will want to allocate a large amount without collateral, and providing the only housing as collateral is not an option, because it is not yet known whether everything will work out or not. Therefore, you can use deposit services to accumulate the required amount. The business will not work out quickly, but if you deduct 3-5 thousand rubles every month, which is not very much by the standards of the Russian Federation, then in just a few years you will have accumulated enough money to retrain as an entrepreneur. You just need to act persistently and methodically, without stopping or giving up. And then everything will work out. Good luck!