IN Treasures for pensioners are beneficial to the depositors themselves, but banks are not willing to offer such products to their elderly clients. It is not for nothing that pensioners are considered a less protected part of society: age, lack of work, and deteriorating health often become the reason for prejudiced attitudes towards them.
For example, many banks are afraid to give loans to older people for fear of being left without money if something happens to the borrowers. The situation with deposits is no better, but for different reasons.
Special conditions
Due to their age and financial capabilities, older people are in a separate category of bank clients, even in terms of deposits.
The following nuances are associated with this:
- Minimum amount: not so long ago, it was possible to open a deposit only if you had a large sum of several hundred thousand rubles on hand - few pensioners could boast of such savings.
Today, there are many programs that offer to open an account if you have less than 10 thousand rubles, and some banks work with the client even when there is only 1 ruble left in his account.
- Timing: It is beneficial for banks to have a deposit open for a large number of years, but older people cannot always afford this. And if you withdraw money early, the client completely loses all interest.
Please note: most accounts for pensioners can only be opened upon presentation of a pension certificate.
These reasons prompted banks to develop other deposit programs for pensioners, which took into account all the needs and made it possible to preserve their savings.
Today, many large banks work well with older people, as well as with pensioners receiving disability pensions or survivors' benefits.
Market of proposals
A distinctive feature of banking programs is the division of deposits into:
- Urgent: they imply a certain period when the pensioner withdraws the money. They are usually designed for a period of 3 months to 3 years. After the expiration of the term, the account can be opened again.
- Non-urgent: also called “on demand”. A distinctive feature is the ability not to worry about the money: it will “grow” until the day the client withdraws it completely.
It is worth noting: the interest rate on time deposits is usually much higher than on non-time deposits - this must be taken into account by investors seeking not only to protect their money, but also to make money on it.
It is most profitable to invest money through the programs of large banks: they have sufficiently worked with clients and taken into account many mistakes.
The most popular deposits in 2016 are:
- Sberbank: offers 2 programs for seniors at once - “Save” (up to 6.9% per annum) and “Replenish” (up to 6.6%). Each of them can be extended from 3 months to 3 years. The main difference between the programs is the ability to deposit additional funds (this is available in the “Top up” program). Moreover, each program offers depositors to immediately transfer them to another tariff if it turns out to be more profitable.
- "Moscow Credit Bank": offers the "Loyal Online" deposit. It can be opened in rubles or foreign currency, the minimum deposit is 1 thousand rubles or 100 dollars/euro. There are also 3 terms: 3 months, six months and a year. However, there are restrictions on the maximum amount: up to 10 million rubles or 200 thousand in foreign currency. The interest rate ranges from 9.5 to 10.85% (up to 4% in foreign currency), with the deposit increasing monthly. Additional advantages are the possibility of monthly withdrawal of interest and constant replenishment of the account. Some benefits are available for early termination.
- “Rosgosstrakh Bank”: “Pension Income” can be opened with only 1 thousand rubles on hand, and the interest rate will be up to 11%. The deposit can be opened for almost any period up to 3 years, even choosing a specific closing day.
In this case, the account can be replenished regularly, but interest will have to be withdrawn once a month. However, you can immediately put them back into your account.
- “Russian Standard”: the “Pension Plus” deposit makes it possible to increase the amount by 8.5-12% annually, depending on the selected conditions. The minimum deposit amount is 10 thousand rubles: for an amount up to 300 thousand, the interest will be 8.5-11.5%, more than 300 thousand - 9-12%. You can place money for a period of 3 months to 2 years, you can receive interest every month or quarter. You are allowed to top up your account with any amount. Some disadvantages are the inability to accumulate interest by withdrawing it along with the money at the end of the term. There are also no benefits for early repayment.
- “Rosgosstrakh Bank”: “Pension Income” can be opened with only 1 thousand rubles on hand, and the interest rate will be up to 11%. The deposit can be opened for almost any period up to 3 years, even choosing a specific closing day.
- “Vneshprombank”: for the “Pension Plus” deposit, the bank accepts from 10 thousand rubles without restrictions on amounts. The interest rate will be up to 11.5%, the validity period varies and ranges from 1 to 4 quarters.
You can top up your account regularly, but early withdrawal of money is undesirable, as it greatly reduces interest.
Also, the most profitable time investments are offered by Bank of Moscow, VTB 24, Nomos Bank, Promsvyazbank and Rosselkhozbank.
But not many banks work with permanent deposits:
- “Sberbank”, “Pension Plus” deposit: the account is opened for a period of 3 years at 3.5% per annum. Interest accrues every 3 months.
- “Bank of Moscow”, current pension deposit: offers 4% per annum with quarterly accrual of money.
- "Mosoblbank", deposit "Replenishable pension interest": only 1.5%, but every month.
When choosing a bank to store finances, you need to pay attention in advance to the programs it offers. Based on your own needs, you can choose the most reliable option by combining the status of the organization, its interest rate, the terms offered and other bonuses.
Watch the video, which gives advice on how to choose a profitable deposit for a pensioner:
A pension deposit in Moscow is an offer that is in the lineup of almost every financial organization. Its essence comes down to the transfer of funds by third parties for the preservation of a financial organization. In this case, individuals who have reached retirement age act as individuals.
Who is the offer for?
As the name suggests, this product is intended primarily for people who have reached the appropriate age level. This category of clients is especially loved by financiers: they are responsible, conscientiously fulfill their obligations, prefer a long deposit period, and sometimes have quite significant savings. This option for saving money has a number of advantages:
To summarize the above, let us add that to open you will need a minimum of documents. Usually a passport and pension certificate are enough. Some employees may require SNILS or TIN - but here everything depends on the requirements of the organization.
How to choose the right one - go to the website
Bank deposits are one of the safest ways to save money and protect them from inflation. At the moment, bank deposits are not the most profitable way to make money by storing funds. At the moment (as of 2016), the maximum interest offered by banks is 10.5% per annum. Thus, from 100 thousand rubles you will earn a maximum of 10,500 rubles or 875 rubles per month. Not much, of course, but this method guarantees the safety of funds. In this article we will look at the most profitable bank deposits with interest for pensioners in 2016, as well as other available ways to invest money.
Bank deposits are divided into several types:
- Replenishment if possible. Some types of deposits allow you to add a certain amount to the created deposit.
- By interest calculation. There are two types of deposits in this category: with payment of interest at the end of the deposit term, or with monthly transfer of interest. At the client's request, the bank can transfer the monthly interest to another account or bank card.
- Removal if possible. Some banks allow their clients to withdraw part of the amount from the deposit, but the annual interest will be lower.
Which banks offer the most favorable conditions for pensioners in 2016? Here's a small rating:
- Tatfondbank - up to 10.10% per annum for up to 367 days. The minimum deposit amount is 1000 rubles.
- Home Credit Bank - up to 10% per annum for up to 18 months. The initial amount is from 1000 rubles.
- Trust Bank - up to 9.90% per annum, with a minimum amount of 5,000 rubles, for a period of up to 730 days.
Unfortunately, Sberbank did not make it into the top 3 topics. The maximum offer of the most popular bank in Russia is only 6.75% per annum. But the main advantage of Sberbank is the reliability of deposits.
How can you make money on foreign currency? You need to be active in this area of the market in order to have time to purchase currency on the market and sell it on time. This is the only way to earn enough money. But this method is not suitable for pensioners.
Many experts predict an increase in the exchange rate between the euro and the dollar next year, and at the moment this currency is in demand. However, there is a risk of getting burned on such a currency transaction, and not a small one.
If you still want to keep your savings in foreign currency, then it is best to give preference to certain currencies. For example, Chinese yuan or pound sterling. These currencies are most protected from a possible depreciation, since China and the UK are economically developed regions of the world where economic development continues to be observed.
Purchasing products made from valuable metals is a good way to save money and also make money on it. I consider valuable metals to be those elements that are required to create jewelry or are used in limited quantities in high-tech production. Metals such as gold, silver, palladium and platinum will help you avoid losing your savings due to inflation, for example.
Precious metals are always in demand, and their prices are stable. How can you buy precious metal? It's quite simple:
- Purchasing a metal bar, such as gold in a bank. You receive valuable metal in your hands, but you must not sell it for three years. Otherwise, you are required to pay a 13% tax on the amount of metal sold.
- Purchasing coins made of valuable metals. When purchasing, it is worth noting that the price of the product will be greater than the cost of the metal it contains.
- Opening of a metal impersonal account. Perhaps one of the easiest ways to invest your money in precious metals. The main condition is that you will not see metal in your hands. Such an account is a simple bank deposit, only the unit of account is valuable metals, for example, gold.
Buying shares and investing in them can be a good source of income for a retiree. For example, if you purchase securities of a reputable company that is actively making money, you can receive good dividends on the shares. But this method of generating income is also risky. You need to have basic knowledge of the economy and monitor changes in its state. Only then can you expect that the purchase of shares will be successful.
If you buy stocks at random, your chances of making or losing are equal. There have been times in the world when shares purchased by chance rose in price and began to generate good income. But still you shouldn’t count on it.
For a pensioner, a good option is to trust a specialist who, for a small percentage, will buy shares with your money and make a profit from them.
Alternative ways to invest money for retirees and risks
One of the popular and reliable ways to save money and at the same time make good money is to participate in shared construction. This type of income will allow you to earn a good amount from buying and selling in a couple of years - at least 500 thousand rubles. It is worth noting that there is a risk of not getting anything if the developer turns out to be unscrupulous. Therefore, when buying real estate, pay attention to the seller and his reputation.
If a pensioner is an active PC user, then it is quite possible to find ways to make money online. For example, give microloans on special websites or in the WebMoney payment system. Active work in this direction can bring in up to 50% of the invested amount per month. But this method of earning money is also fraught with risks: there is a possibility of running into an unscrupulous borrower who simply will not pay anything. The main thing is to look carefully at the person’s profile and only give out small amounts.
You can also try to invest in some business. For example, install your own payment terminal or place a machine selling water or chocolates. Minimal investments and virtually no risks are the advantages of such an investment.
All the described methods of generating income are suitable for those retirees who lead an active life and monitor the state of the economy and the market. This is especially true for deposits in stocks or currency.
It’s easier for young people to invest: you can take risks and invest money in businesses, venture projects, trade currencies, and participate in initial public offerings. You have your whole life ahead, and possible losses from investments can easily be compensated for with newly earned money. It’s a different matter for older people who have gained life experience and accumulated capital. On the one hand, there is no desire to take great risks with money, and financial goal No. 1 is to preserve savings. But on the other hand, few will refuse to increase savings without exposing them to investment risk.
Where to invest money for a pensioner who faces approximately the following financial tasks:
- prevent your savings from depreciating;
- have passive income;
- protect savings from crisis.
And an additional investment requirement that is especially important for a person in old age is the ability to quickly claim the invested money, preferably without significant losses of accumulated income. Not all assets have liquidity. For example, real estate, art and low-yield bonds cannot be sold quickly and profitably.
At the same time, no one has canceled diversification: no matter how old an investor is, the portfolio should be multidirectional. Another thing is that the proportions are different: the older the investor, the higher the share of risk-free instruments. If the owner of the capital also has a conservative investment profile, then his choice is a “safe haven”.
Investment options for retirees
From 90 to 100% of capital should be invested in financial instruments not only with a mandatory return of all funds, but also with a guaranteed income, albeit fixed:
- deposits of reliable banks;
- protective structural products;
- government bonds.
Deposits
It is better to choose a deposit with the possibility of debit transactions (replenishment, partial/full withdrawal of funds) and preservation of income in case of early withdrawal. The rate on such deposits is 1-1.5% lower than the market average, but the opportunity to receive your money at any time and not lose your accumulated income is worth it.
Protective structural products
Protective structured products are a ready-made complex investment, the structure of which may include deposits, precious metals, shares, bonds, mutual funds, currency and other assets. It has a certain period and brings a fixed return, which is usually higher than on bank deposits. A defensive structured product guarantees a return on invested capital and is great for conservative investors. In BCS Premier, several dozen protective structured products are available to clients and the opportunity to develop them on individual terms with the choice of the underlying asset is realized. Despite its apparent complexity, a structured product is an excellent way to profitably invest money for pensioners, since it does not require special investor skills, is almost as simple as a regular deposit, has convenient terms (from 3 months) and is several percent more profitable than a deposit.
For example, the “Online Participation” investment can bring up to 15% per annum with an investment amount of only 100 thousand rubles for 12 months.
Government bonds
It is possible to recommend that a pensioner invest his money in government bonds only if he is not concerned about the relative long-term nature of such an investment - 3 years or more. Recently, the authorities have been trying to convince citizens that investments in government debt securities are safer and more profitable compared to deposits.
The Russian Ministry of Finance even plans to revive federal loan bonds aimed at pensioners. Yes, government bonds are really reliable and bring a good income, but many pensioners, remembering the 90s of the last century, still prefer deposits in banks from the top 3.
OFZs in which pensioners can invest money in 2017
The other day, in April, the state will issue federal loan bonds for individuals. Upon expiration of the circulation period (from one to three years), the bond holder will receive interest income and return the money paid for them.
The interest rate will be about 8.5% per annum. The coupon is paid every 6 months, without income tax. Each bond will cost 1 thousand rubles, the minimum purchase is 30 bonds.
In order to invest money profitably, it makes sense for pensioners with a capital of 500 thousand rubles and above to form an investment portfolio. It can consist of two or three investment instruments, or be more diversified.
The advantage of this approach is not only the protection of capital, but also the ability to include a small share of high-risk assets in the portfolio - stocks and derivative financial instruments (futures, options).
There may be 5-10% of the portfolio, which does not pose a threat to the main capital, and if the outcome is favorable, it will allow you to make good money. For the rest of the portfolio, you can choose the deposits, structured products and bonds already mentioned above.
Savings in foreign currency and precious metals can keep them company.
If knowledge and skills are not enough to create an investment portfolio on your own, a professional financial advisor BKS Premier will help you do this. Together with him, the client determines his financial goals, determines the time frame for achieving them and, depending on them, assets are selected.
To summarize, we note that for pensioners who do not have extensive experience in private investment, it is most profitable to invest money in order to reliably preserve it and receive a low, but stable income. Stocks, equity mutual funds, and currency speculation are best left to younger or more experienced investors.
In 2019, Sberbank is offering pensioners deposits from individuals at a particularly high interest rate. But in order to understand which Sberbank deposit is the most profitable for you, you need to decide how you intend to manage the funds on deposit.
Today at Sberbank you can arrange several types of deposits depending on your money management strategy:
1. Classic savings deposit “Save” at a favorable interest rate;
2. “Replenish” deposit with the ability to deposit money into the account;
3. Expense deposit “Manage” with the ability to replenish and partially withdraw money from the account without loss of profitability.
Each of them can be issued at the branch or online via the Internet. Their terms and interest rates can be viewed
But Sberbank today also has special offers for older people. This:
Interest on Sberbank deposits for pensioners: the most profitable in 2019
To find the most profitable deposit in Sberbank for pensioners, consider the bank’s offers for seniors. We will analyze their pros and cons, compare terms and interest rates.
1. Deposits opened at a bank branch
Let's start our review with deposits that can be made at a bank branch. For many pensioners this is convenient, but the percentage will not be the highest.
1.1. Sberbank deposit "Pension-plus"
This is a deposit for individuals to receive income for retirement. It is intended for clients receiving pensions from the Pension Fund of the Russian Federation, ministries and departments providing pensions, as well as from non-state pension funds.
(+) Plus: it is possible to replenish your account and partially withdraw money without losing interest. Preferential conditions for early termination.
(-) Minus: low interest rate.
Terms of deposit
- Duration: 3 years
- Amount: from 1 ruble
- Replenishment: provided
- Partial withdrawal: provided up to the minimum balance amount
- Interest accrual: every 3 months
- Capitalization: provided. The accrued interest is added to the deposit amount, increasing income in the following periods
- Early termination: preferential. The interest rate established on the date of opening (prolongation) of the deposit does not change.
Interest rate
3.50% per annum (3.55% per annum with capitalization)
1.2. Sberbank deposit “Top up” for pensioners
This is a replenished deposit of individuals for those who prefer to save and regularly set aside their funds.
(+) Plus: it is possible to top up your account.
Terms of deposit
- Duration: from 3 months to 3 years
- Replenishment: provided
- Minimum contribution: in cash - from 1,000 rubles / 100 US dollars, by bank transfer - unlimited.
- Partial withdrawal: not provided
In rubles
|
Term |
Interest rate |
| 4.90 / 4.92 | |
| 5.15 / 5.21 | |
| 5.15 / 5.27 | |
| 5.10 / 5.36 | |
| 5.00 / 5.38 |
In US dollars
| Term | Interest rate |
| 3-6 months | 0.20 / 0.20 |
| 6-12 months | 0.80 / 0.80 |
| 1-2 years | 1.15 / 1.16 |
| 2-3 years | 1.15 / 1.16 |
| 3 years | 1.15 / 1.17 |
Doesn't fit? See deposit rates at Rosselkhozbank -
1.3. Sberbank deposit “Save” for pensioners
This is a classic deposit for individuals to receive a guaranteed maximum income. It has a more favorable rate than the “Top up” deposit, but there are a number of disadvantages.
(+) Plus: high interest rate.
Terms of deposit
- Duration: from 1 month to 3 years
- Amount: from 1,000 rubles / 100 US dollars
- Replenishment: not provided
- Partial withdrawal: not provided
- Capitalization: provided. The accrued interest is added to the deposit amount, increasing income in subsequent periods.
- Interest accrual: monthly. The accrued interest can be withdrawn or transferred to the card account.
Interest for pensioners (% per annum)
without capitalization / with capitalization
In rubles
|
Term |
Interest rate |
| 4.35 / 4.35 | |
| 4.65 / 4.66 | |
| 5.20 / 5.22 | |
| 5.50 / 5.56 | |
| 5.60 / 5.75 | |
| 5.60 / 5.91 | |
| 5.60 / 6.08 |
In US dollars
| Term | Interest rate |
| 1-2 months | 0.20 / 0.20 |
| 2-3 months | 0.20 / 0.20 |
| 3-6 months | 0.50 / 0.50 |
| 6-12 months | 1.20 / 1.20 |
| 1-2 years | 1.55 / 1.56 |
| 2-3 years | 1.55 / 1.57 |
| 3 years | 1.55 / 1.59 |
Did not impress? See what interest rates Gazprombank gives on deposits -
2.
The most profitable Sberbank deposits for pensioners
In order for a pensioner to make a deposit at an even higher interest rate, you need to have a computer with an Internet connection or go to the nearest Sberbank ATM.
The most profitable and profitable deposits for pensioners in 2019 will be deposits of individuals “Save online” and “Replenish online”, issued remotely. The interest rate will be higher than when opening a similar deposit in a branch. Women over 55 years of age and men over 60 years of age can apply for them.
2.1. Sberbank deposit “Top up online” for pensioners
This is a replenishable Sberbank deposit for those pensioners who prefer to save and regularly set aside their funds. It is issued via the Internet.
(+) Plus: increased rate, it is possible to top up your account.
(-) Minus: there is no possibility of partial withdrawal of money without losing interest.
Terms of deposit
- Duration: 3 months. - 3 years
- Amount: from 1,000 rubles / 100 US dollars
- Replenishment: provided
- Minimum contribution amount: in cash - from 1,000 rubles / 100 US dollars. Cashless - unlimited
- Partial withdrawal: not provided
- Capitalization: provided. The accrued interest is added to the deposit amount, increasing income in subsequent periods.
- Interest accrual: monthly. The accrued interest can be withdrawn or transferred to the card account.
without capitalization / with capitalization
In rubles
|
Term |
Interest rate |
| 5.05 / 5.07 | |
| 5.30 / 5.36 | |
| 5.30 / 5.43 | |
| 5.25 / 5.52 | |
| 5.15 / 5.56 |
Approximate calculation of the deposit. For example, if a pensioner opens a “Replenish Online” deposit in the amount of 100,000 rubles for a period of 1 year, then the rate taking into account capitalization will be 5.43%, and the income will be 5,430 rubles. As a result, in a year you will withdraw 105,430 rubles from the bank.
In dollars
| Term | Interest rate |
| 3-6 months | 0.50 / 0.50 |
| 6-12 months | 1.10 / 1.10 |
| 1-2 years | 1.45 / 1.46 |
| 2-3 years | 1.45 / 1.47 |
| 3 years | 1.45 / 1.48 |
Few? See what the interest rate on deposits at VTB Bank is today -
2.2. Sberbank deposit “Save online” for pensioners
(+) Plus: maximum interest rate.
(-) Minus: there is no possibility of replenishing the account and partially withdrawing money without losing interest.
Terms of deposit
- Duration: 1 month. - 3 years
- Amount: from 1,000 rubles / 100 US dollars
- Replenishment: not provided
- Partial withdrawal: not provided
- Capitalization: provided. The accrued interest is added to the deposit amount, increasing income in subsequent periods.
- Interest accrual: monthly. The accrued interest can be withdrawn or transferred to the card account.
Interest rate for pensioners (% per annum)
without capitalization / with capitalization
In rubles
|
Term |
Interest rate |
| 4.50 / 4.50 | |
| 4.80 / 4.81 | |
| 5.35 / 4.37 | |
| 5.65 / 5.72 | |
| 5.75 / 5.90 | |
| 5.75 / 6.08 | |
| 5.75 / 6.26 |
Approximate calculation of the deposit. For example, if a pensioner opens a “Save Online” deposit in the amount of 100,000 rubles for a period of 1 year, then the rate will be 5.9% (with capitalization), and the income will be 5,903 rubles. As a result, in a year you will withdraw 105,903 rubles from the bank.
In US dollars
| Term | Interest rate |
| 1-2 months | 0.30 / 0.30 |
| 2-3 months | 0.50 / 0.50 |
| 3-6 months | 0.80 / 0.80 |
| 6-12 months | 1.50 / 1.50 |
| 1-2 years | 1.85 / 1.87 |
| 2-3 years | 1.85 / 1.88 |
| 3 years | 1.85 / 1.90 |
Not enough? See the most profitable bank deposits for pensioners
How to open the most profitable deposit in Sberbank for pensioners
Making deposits “Save online” and “Replenish online” is quite simple:
- Log in to Sberbank Online and select the “Deposits and Accounts” section.
- Select the “Open Deposit” menu item.
- Read the terms and conditions for placing funds and select the appropriate deposit.
- Click Continue.
- Fill out the application: select the debit account, the deposit amount and the deposit period.
- Click "Open".
Deposit is open!
Conditions for early termination of deposits in Sberbank
In any unforeseen situation, if you need money before the end of the deposit, you can always get it. But you may not see the percentages. For “Replenish” and “Save” deposits, issued both in a bank branch and online, the following conditions for early termination apply today:
1. For deposits for a period of up to 6 months (inclusive) - at an interest rate of 0.01% per annum.
2. For deposits for a period exceeding 6 months:
- during the first 6 months after opening a deposit - based on an interest rate of 0.01% per annum;
- after 6 months after registration of the deposit - based on 2/3 of the interest rate established by Sberbank for this type of deposit on the date of opening (extension) of the deposit.
