Bank deposits are one of the most popular tools for saving money. There are several tricks that will help you save money faster through deposits:
- During the holidays, many banks offer special deposits with higher interest rates. Take advantage of these offers to get the maximum return on deposits.
- Today, you can open a deposit not only in a branch, but also in the Internet bank. At the same time, the interest on deposits opened in the Internet Bank is higher. Take advantage of this.
- A number of banks offer bank cards with interest on the balance. You can freely spend funds from the card, while earning a little from the account balance.
- A number of banks, in addition to deposits, offer to buy savings certificates or bonds. Note that savings certificates and bonds are not insured, unlike deposits. Therefore, this is a more risky investment (you can lose money).
- A number of banks provide bonuses when paying for purchases with a bank card. Use these bonuses to save money.
- Pay attention to the terms of the deposit. It is important to find out whether or not it is possible to replenish the deposit, by what amounts, what percentage will be credited to the funds in case of early closure of the deposit. These conditions differ greatly depending on the type of deposit and the bank.