How to select a cumulative deposit

The hallmarks of cumulative deposits

Replenable contribution is a good way to save your own funds, which allows you to accumulate the necessary amount for any of a major purchase. For example, on a vacation trip, a new car or getting an education.

The peculiarity of accumulative deposits consists in the inability to withdraw money before the end of the contract term At the same time, banks often set the maximum or minimum amount of deposit. The latter often coincides with the base amount of the contribution. Minimum – varies depending on the bank. For example, it can be 10 thousand rubles. Another distinguishing feature is such contributions open without prolongation.

It is worth considering that interest rates on accumulative deposits are slightly lower than on savings – by about 0.25-0.5 points.

In most cases, only a passport and money are required to open a cumulative deposit.

Of course, the main disadvantage of accumulative deposits is the impossibility of partial withdrawals, but at the same time, the depositor has the opportunity to replenish the deposit. In case of early withdrawal, it will accrue interest at the rate of 0.01% per year. At the same time, due to a constant increase in the amount of contribution the yield on it will grow steadily.

Criteria for selection of cumulative


Different banks offer different conditions of accumulative deposits. Therefore, it is important to conduct a detailed preliminary analysis of the programs in the market You must select a bank based on a number of criteria.

First of all, you should pay attention to the proposed interest rate. Typically, it depends on a number of parameters – the less frequent interest payments occur, the higher the rate; the more freedom the depositor has to manage money, the lower the percentage. Deposits with capitalization are more profitable and distinguished by increased returns.

In Sberbank on deposit “Replenish” the interest rate is from 4.60 to 7.28%, on deposit “Manage” (with possibility of partial withdrawal) – from 4 to 6.68%.

It is

also worth clarifying how the return on the deposit is paid. Typically, the amount of interest on the cumulative deposit can be obtained from the bank branch or transferred to the bank card account.

In the process of selecting a deposit, it is necessary to take into account which deposit rate is valid for the amount of Sometimes it can be less than the principal.

It is worth paying attention to possible restrictions – for example, some banks allow to replenish deposits only in the first half of the term of the contract, others – limit the minimum amount of replenishment . A number of banks prescribe the need for monthly replenishment by a minimum amount to preserve interest.

Of course, it is necessary to invest money only in reliable banks licensed and included in the deposit insurance system.

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