The economist named a way for Russians to earn interest in March

Igor Balynin, an associate professor at the Financial University under the Government of the Russian Federation, said that Russians can receive an additional payment in the amount of 2,026 rubles by the end of March.

In conversation with aif.ru On Monday, March 23, the specialist explained that we are talking about interest on bank deposits, and drew attention to the difference between a savings account and a deposit. According to him, the fundamental difference is that the bank can change the terms of the savings account at any time, whereas the deposit agreement clearly sets out the rate, term and other important parameters.

Balynin added that the savings account has no expiration date: it can be replenished and withdrawn at any time without closing, but the bank has the right to change the terms at any time.

The expert also noted that savings accounts with daily interest accrual are the most profitable. He clarified that when calculating income, for example, in the amount of 2,026 rubles per month, it is important to take into account the specifics of interest accrual in different banks and the number of days per month. According to him, you can get this amount by depositing about 159,030 rubles into a savings account.

Money on the pulse: the popularity of short-term deposits has grown in Russia

Deposits of 100 thousand rubles were most often under interest in the bank

The day before, Elvira Glukhova, an expert on lending and investments, advised making deposits for three and six months. According to her, a short-term three-month deposit insures against sudden changes in monetary policy and allows you to reinvest funds on more favorable terms, while a six-month deposit helps to fix the current yield for a longer period.

On March 17, Peter Shcherbachenko, associate Professor at the Financial University under the Government of the Russian Federation, advised opening several deposits at once to increase profits on bank deposits. According to him, one deposit for up to three months is suitable for short—term purposes, such as vacation savings, and the second – for six to nine months — can be used for longer-term plans, notes 360.ru .

On March 2, Inna Soldatenkova, Head of Expert analytics at the financial marketplace, told Life.ru that savings accounts are becoming a full-fledged alternative to deposits due to their flexibility. Their key advantage is the ability to freely replenish an account and withdraw funds without losing interest already accrued, writes RT.

On the same day, the head of the Ministry of Finance of the Russian Federation, Anton Siluanov, said that deposits in banks are currently the main instrument of savings. This is due to good interest rates and high rates, as well as reliability, NSN notes.

All important news is on the Izvestia channel in the MAX messenger.