Interest rates on foreign currency deposits. Deposits in US dollars: which bank is more profitable? Where is the best interest rate on foreign currency deposits?

From the very beginning of this year, we were warned: difficult times lie ahead. In particular, the head of Sberbank of Russia hinted that interest rates on foreign currency deposits would change a lot and often. The head of the Central Bank of the Russian Federation, Elvira Nabiullina, urged investors not to panic and to trust exclusively the ruble. Like, for now, of course, external factors are putting pressure on him, but very soon he will get stronger and feel better.

No matter how much officials and bankers reassure citizens, people are still interested in the most profitable foreign currency deposits in 2017. It is in them that they see salvation for their savings. Traditionally, investors have become accustomed to trusting foreign currencies. Moreover, more to the dollar than to the euro.

Conditions for attracting deposits in US dollars:

As you can see, some financial institutions were included in both ratings. It turns out that their products can be considered the best for those who are interested in dollar deposits and for those who save in euros.

The conditions under which the largest Russian banks attract foreign currency (dollar/euro) deposits:

Here we see much lower interest rates. At the same time, the stability offered by the largest financial organizations in the Russian banking sector is worth the money. Although, with a deposit amount of up to 700 thousand rubles, you can, without fear, invest them in almost any bank in the country.

Do you want to make a bank deposit for 1 month in US dollars, but do not know which financial institution currently provides the most favorable interest rates in Moscow? This problem is relevant for many residents of the capital, because there are many financial institutions, and it is quite difficult for an ordinary investor to choose the optimal offer among them. Our service will help you decide where exactly to open a deposit in US dollars and euros. We have collected and regularly update data on what interest rates Moscow banks provide and under what conditions. Every day our clients have the opportunity to make profitable foreign exchange investments, save their own funds and significantly increase them.

To find out the highest percentages of banks, or the conditions for the provision of services by financial institutions, use the special search form on this page. You can receive an answer to your own queries only after entering the following data:

• the amount of the deposit that is planned to be opened;
• the name of the banks for which you would like to receive information;
• name of the locality where you want to open a foreign currency deposit;
• deposit currency (euros, dollars);
• longest investment period (1 month, year, etc.).

You can sort the results (set a rating) by interest rate, time, deposit size. After entering all the necessary parameters, click the “Find” button. As a result, you will receive all the necessary and relevant information for today, which will allow you to make profitable deposits in dollars in banks in Moscow and other cities of the Russian Federation.

Advantageous bank deposits in US dollars

Based on the search results, you will find out the existing rating of financial organizations that offer the highest bank interest rates and the best terms of cooperation. By comparing such data, you can choose the best offer for yourself. After selecting a bank, you should click the “Apply” button to submit the appropriate application. Soon, after a quick review, a bank representative will contact you to clarify all the nuances of cooperation.

Our ratings include only verified banking organizations that have been providing financial services for more than one year in Moscow. Remember, by choosing the highest deposit percentage, you not only take care of the safety of your own capital, but also significantly increase your funds. Money that is placed on a short-term deposit (for example, 1 month) will allow you to quickly earn a certain amount. With a long-term deposit, the amount is guaranteed to remain completely safe and will increase in proportion to the interest rate.

Benefits of using Creditznatok for your own benefit

Today we are the best service for monitoring existing banking offers, which allows you to quickly determine favorable interest rates of banks on dollar deposits. To provide only relevant information, we analyze the current situation in the financial services market on a daily basis. Every citizen of the Russian Federation can use our portal for their own purposes. By comparing deposit rates in US dollars and euros, you can significantly enrich yourself without much effort. It should be understood that currency fluctuations, with skillful management of financial resources, are used to increase the capital itself. The current interest rate on deposits will help you choose a bank with the most favorable conditions. Creditznatok specialists work to satisfy the financial needs of every resident of our country.

What to do with your savings today if you did not have time to put money in the bank at interest before the crisis began? Experts say that the dollar and euro will continue to grow, and in the foreseeable future we are definitely not talking about an increase in the value of the ruble relative to the American and European currencies.

Thus, it is reasonable to think about opening a foreign currency deposit today. And in order not to take too much risk, it is better to open a profitable deposit for a short period. In this article we will tell you where to open the most profitable deposit in US dollars.

How to protect your savings from inflation

To advise who to entrust your savings to, we analyzed the situation on the bank deposit market. We invite you to familiarize yourself with the table we compiled based on published bank proposals for 2017:

Please note that profitable deposits in dollars can be opened in little-known commercial banks, which, according to depositors, involves a certain risk.

However, we would like to remind you that citizens’ deposits are insured by the state and the system, as experience shows, works without failures. To protect yourself from unforeseen events, such as the revocation of a bank’s license, you can find out in advance whether you should trust the money to a credit institution.

To do this, we advise you to go to the portal of the Central Bank of the Russian Federation. The regulator makes no secret of its plans and publishes a list of banks that have questions. You can find out in more detail how the bank works with its clients by visiting any of the numerous online resources dedicated to financial topics.

The most popular portal is banki.ru; here you will find not only background information about all Russian banks, but also customer reviews.

Profitability and benefits

Now a few words about the deposit itself. A profitable deposit is not only about high interest rates. Of course, profitability is determined by accrued interest, however, if you pay attention only to them, you can end up with a real loss instead of profit.

For example, if for some reason you want to terminate early the agreement that you entered into with the bank for a long term. High interest rates in this case are precisely the fee that the bank offers you for forgetting about your savings for a couple of years. As a result, a fine, deduction of previously accrued interest and loss of all benefits.

Interest payments, capitalization and preferential terms for early termination of the contract are options that you should pay attention to. We also recommend opening a deposit in dollars for a short period of time so as not to become dependent on the unstable situation on the foreign exchange market.

Until recently, investing in dollars, due to exchange losses, was beneficial only to those who earned and spent foreign currency, but today the situation has changed radically.

The highest rates on deposits in Moscow banks from the top 10 are presented on this page. You can compare and choose a deposit with the maximum interest rate for today, in 2020.

A bank deposit for individuals today is one of the most accessible tools for investing savings. By opening a deposit, you keep your money in a safe place, receive a small income on it, and also have quick access to it if necessary.

Most deposits that are issued at maximum interest rates have common features. They cannot be replenished, and partial withdrawals of money without loss of interest are also prohibited. The only exception is short-term deposits for a period of 1-3 months. But they, in general, are not time deposits, but savings accounts with no time limit for investing savings.

When choosing a deposit, of course, first of all everyone looks at the interest rate that the bank offers. Below are the most profitable deposits for individuals today in Russian banks from the top 10, as well as their breakdown by terms:

• 1 month;
• 3 months;
• 6 months (six months);
• 1 year (12 months).

Deposits with the highest interest rates today

Thinking about where to invest money in 2020 so that it works, many are wondering: which bank has the highest interest rate on deposits today. But when opening a deposit account in a bank, you should pay attention not only to the interest rate, but also to the conditions of this deposit, such as the minimum amount and term.

Deposit calculator

Deposits at maximum interest rates in top 10 banks

"Advantageous approach"
ICD

For those who open an IIS
No replenishment
No partial withdrawal
Without capitalization
Interest at maturity

"Takeoff"

Replenishment
Partial withdrawal
Without capitalization
Interest monthly

"For life"
UniCredit Bank

Registration of ILI or NSZH
No replenishment
No partial withdrawal
Capitalization monthly
Interest monthly

"Profitable"

No replenishment
No partial withdrawal
Without capitalization
Interest at maturity

"Reliable Promo"
FC Otkritie

No replenishment
No partial withdrawal
Capitalization monthly
Interest monthly

"My income"

Replenishment
No partial withdrawal
Capitalization at the end of the term
Interest at maturity

"150 years of reliability"

No replenishment
No partial withdrawal
Without capitalization
Interest at maturity

"For savings"
Gazprombank

No replenishment
No partial withdrawal
Without capitalization
Interest at maturity

"Time to Grow"
VTB bank

No replenishment
No partial withdrawal
Capitalization monthly
Interest monthly

"Victory+"

No replenishment
No partial withdrawal
Capitalization
Interest monthly

"Save"

No replenishment
No partial withdrawal
Without capitalization
Interest at maturity

Deposits at maximum interest for 1 month

Deposits at maximum interest for 3 months

Deposits at high interest for 6 months

Deposits at high interest for 1 year

If you need to withdraw all the money from the deposit before the end of the term, you can do this at any time. However, interest will most likely not be accrued!

What is the safest amount to open deposits for?

According to Russian legislation, deposits up to 1,400,000 rubles are insured if the bank participates in the deposit insurance system. If the license of such a bank is revoked, the Deposit Insurance Agency, through agent banks, fulfills obligations to its depositors within the established limit. This is the meaning of guaranteeing the safety of savings entrusted to the bank.

In short, if you invest less than 1,400,000 rubles, then you can choose highest interest rate on bank deposits– if the license is revoked, of course, you will have to be nervous, but the money will still come back.

Repayment of funds above the specified amount is not guaranteed, so if you keep more than 1,400,000 rubles in the bank, then you are taking on increased risk.

Find out the exact conditions and interest rates on deposits in branches or on the official websites of banks. The data is presented for informational purposes only and does not constitute a public offer.

It is a fairly popular way to store funds. Despite the fact that it seems less profitable compared to ruble deposits, even with a low foreign currency deposit rate it can bring good profits. Indeed, in this case, the investor receives not only income in the form of interest, but also due to the growth of the dollar against the ruble. It is generally accepted that dollar deposits are better protected from the negative impact of economic crises.

Opening a deposit in dollars at interest will be beneficial for those

• to whom wages are calculated in this currency,
• who is trying to save a certain amount for travel
• or purchase foreign real estate,
• who doubts reliability of the ruble.

Moreover, experts usually advise dividing funds into several accounts: dollars, rubles, euros, in order to diversify risks.

Every citizen of Russia, Ukraine and any country of the former Soviet Union can open an account in foreign currency - not only a large investor, but also legal entities and individuals. Typically, the minimum deposit is one hundred dollars. The conditions for investors are the same as when opening a ruble account.

Before you deposit funds in dollars, you need to pay attention to some features:

• By duration, accounts are divided into fixed-term, long-term and perpetual.
• Depending on the type of registration, you can open it online or at a bank representative
• Interest can be accrued at the end of the month, quarter, year, in advance
• There are different types of deposits - accumulative, savings, demand
• The procedure for depositing money into an account - with or without the possibility of replenishment

As a rule, deposits in US currency involve lower interest, longer terms, certain limit restrictions are often set, it is not possible to withdraw funds at any time, etc., but here it all depends on the specific offer.

Advantages of deposits in American currency

Many investors choose this option for preserving and increasing their funds, so banks are constantly creating new offers and trying to attract customers with maximum opportunities and advantages, giving them the opportunity to profitably.

Among the main advantages of the decision to deposit American currency are the following:

• High level inflation protection, relative reliability and stability due to the fact that the dollar acts as an international means of payment; many other countries depend on it
• Deposit insurance for an amount equal to a maximum of 1 million 400 thousand in ruble equivalent. If the bank goes bankrupt, the state will cover the payments and pay the client at the current rate of the Central Bank
• Most often, banks open an account for free and allow you to replenish it by depositing funds in both dollars and rubles at the current rate
• When opening an account with an amount exceeding one thousand US dollars, the client receives a card that works in any country in the world
• If we take into account the current exchange rates, then even small rates on deposits in foreign finance are very profitable in comparison with ruble accounts

Disadvantages and risks of deposits in dollars

When deciding to open an account in US currency, you need to remember some nuances and risks:

1) It is worth looking not only at interest on deposits, but also at other indicators: bank reliability rating, features of interest calculation, additional services, etc. It often happens that with lower interest rates, the final amount in one bank is greater than in one that claims much higher interest rates, since they use different calculation methods.

2) It is advisable that the agreement indicates the term of the deposit, not in months/years, but in days.

3) When deciding where to put a deposit in dollars, you also need to pay attention to whether interest by date deposit or on the first day of each month.

4) It is imperative to find out all the possibilities of capitalization, the limit of funds, features of replenishing the deposit, etc.

5) Get acquainted with terms of termination contract in order to know how to act in emergency situations.

6) When opening a multi-currency account, you should definitely ask terms of conversion currencies - at what rate it is made.

7) Availability preferential terms– you may be able to get additional benefits when you apply online or at an ATM.

8) If a plastic card is provided, find out about cost of service, including it in commission services.

9) You definitely need to pay attention to cash withdrawal rates or replenishment of funds, general maintenance, etc.

Some statistics on contributions to the video:

Selecting a specific offer for contribution

To choose a profitable deposit in dollars, you need to carefully study the programs and types of deposits of different banks:

• VTB24 Bank offers a variety of programs, thanks to which you can receive from 1.7 to 3.85 percent per annum
• Sberbank makes it possible to open several deposits in a fairly wide range: from 1.8% to 5.05% depending on the conditions and amount
• Alfa Bank offers rates in the range of 1.1-4.9%
• Gazprombank makes it possible to open deposits with rates from 3.8 to 4 percent

Everyone has different minimum amounts, capitalization periods, payment schemes, etc. Therefore, in the process of searching for the most profitable deposit in dollars in Moscow, it is worth personally visiting the branches and on the spot understanding all the intricacies, percentages, which may vary depending on the economic situation, exchange rates, the success of the bank, etc.

It is worth noting that relatively lucrative offers are made by little-known commercial structures: for example, Investtorgbank makes it possible to receive up to 5.5%, Agroinkombank - up to 7% (and is only 30 dollars), the Republican Social Commercial Bank guarantees 8% and fairly favorable conditions, Agrosoyuz also attracts customers with profitability and good conditions.

The final choice always depends on the client, but before trusting an impressive amount of funds, you need to study everything very carefully.

Well, a little joke