Remunerated current account

The remunerated current account is a deposit account which, in the case of limited operations, guarantees zero accountant fees to the account holder . It ensures the total absence of the items that usually weigh on our portfolio, such as stamps, opening costs, commissions, etc.



With this type of account it is possible to secure our savings and, at the same time, to collect interest . In the difficult situation of uncertainty in the markets in which the country is located, this is the choice that more and more account holders are using.

Remunerated current account

ADVANTAGES OF THE REMUNERATED DEPOSIT ACCOUNT
The remunerated account is a real investment tool, which basically offers two advantages:



liquidity
the balance of the remunerated account is always available at any time;
zero management fees
are not provided for fees or commissions fees, nor management fees;
interest
on the basis of the contract offered, interest is usually higher than those of the traditional current account, in any case higher than the rate of inflation;
WHEN TO CHOOSE A REMUNERATED ACCOUNT AS AN INVESTMENT FORM
The annuity offered by a remunerated account is slightly higher than that achieved with the Bots . For this reason, more and more savers prefer this type of account to the classic investment tools, such as Bots and Cct.

The choice of the remunerated account is advisable in all those cases where the saver wants to park his capital for a certain period and, at the same time, perceive an acceptable interest rate, still having the liquidity in case of need.

GUARANTEES OFFERED BY THE REMUNERATED DEPOSIT ACCOUNT
This is an absolutely safe deposit account, therefore suitable for small savers, families, with a low risk appetite . Savers who approach this type of account can still be quiet. The only danger in which it is possible to incur, in fact, remains the default of the credit institute.

In this case the Interbank Deposit Protection Fund comes to the aid, which provides a guarantee of up to € 100,000 to protect the sums paid.

ADVICE BEFORE OPENING A DEPOSIT ACCOUNT
Before opening a deposit account, especially for very large amounts of money, it is good to collect information on particular aspects concerning the specific bank, such as:



financial solidity of the bank;
investment plans and strategies studied by the credit institution to make the capital deposited. In this regard, it is advisable to verify that the investment of the amounts deposited on the deposit accounts is carried out directly by the Bank through a centralized treasury, with securities with ratings from A to AAA;
INTEREST OFFERED BY A REMUNERATED ACCOUNT
Compared to a free deposit account, which usually offers a gross annual nominal rate of not more than 2.50%, the remunerated deposit account is able to guarantee a higher interest , especially if it is decided by a time constraint .

These time lines of restrictions provide for the following brackets:

3 months
6 months
12 months
18 months
24 months
By choosing to commit and deposit our money for the 18-month period, for example, a nominal annual rate of interest of more than 4.50% can be achieved .

HOW LONG TO LEAVE THE SAVINGS ON A PAID DEPOSIT ACCOUNT
To answer this question we need to analyze our projects and our expectations. To simplify, we could say that the interest rate varies according to the time in which it is left in storage. Take for example a deposit of 10,000 euros, the interest will vary according to this method:

Bond - Gross rate - Net rate - Total interest - Capital

------------------------------

3 months - 4.20% - 3.36% - 84 euros - 10.084 euros

6 months - 4.40% - 3.52% - 176 euros - 10.176 euros

12 months - 4.80% - 3.84% - 384 euros - 10.384 euros

24 months - 5.20% - 4.16% - 832 euros - 10.832 euros

POINTS TO BE VERIFIED BEFORE SIGNING THE REMUNERATED ACCOUNT
Rate of return for new customers
Some banks offer even cheaper interests for new customers
Binding lines proposed by the bank
the withdrawal before the expiry of the restriction provides for the loss of accrued interest so, for the same yield, it is better to choose the bank that offers the greatest number of options
Expenditure on opening and / or management
in general, banks offering these services ensure deposits at zero expenses
Early release
in case of release of the initial sums of the expiry of the bond, make sure you do not incur additional penalties or costs
Reputation of the Credit Institute
better to opt for already known Institutes, which generally offer a better return