Deposits to open this Christmas and enjoy the coming months
With December already crossing out its first dates, Christmas is just around the corner. The calendar is compressed with events and wallets tremble in the face of numerous commitments and, above all, the expenditure on gifts.. In that sense, it is not always easy to make the right choice, but looking at current interest rates, giving away profitability can be a great idea.
“Currently, there are several deposits that offer a more than interesting profitability, exceeding in several cases the 4% APR, and that the user can enjoy within a period of one year, or less,” they comment from the financial comparator HelpMyCash.. Therefore, here is a very attractive option to open and give as a gift this Christmas and enjoy it to face next year's expenses with total comfort.
System Banking Deposit at 4.30% APR
“If you think only about profitability, the Banca Sistema deposit, at this moment, is one of the juiciest on the market,” point out the HelpMyCash experts.. And this product, which can be opened today through the German platform Raisin, offers a profitability of 4.30% APR for a period of 12 months. Of course, it requires a minimum investment of 20,000 euros.
Banca Progetto deposit at 4.20% APR
Another alternative to make a financial gift at this time thinking about high profitability is the Banca Progetto Deposit. It offers a 4.20% APR for one year, it can also be opened from the Raisin platform and also requires a lower investment than Banca Sistema, the minimum capital is 10,000 euros. That is, half of what the Banca Sistema deposit asks for.
Facto deposits at six and twelve months
A third alternative to give profitability this Christmas and, yes or yes, enjoy it this Christmas, is any of the Facto deposits. If you opt for the one-year deposit, the profitability is 4.06% APR and with a minimum investment of 5,000 euros, four times less than Banca Sistema and half that of Banca Progetto.
For its part, the six-month Facto Deposit offers one of the highest returns, since it reaches 4.32% APR. Also with a minimum investment of 5,000 euros, it is contractable online and offers a free associated account.
Remunerated accounts, another alternative to provide profitability and liquidity
On the other hand, the current financial market offers more options for those seeking remuneration.. Perhaps not with a profitability as high as that of deposits, but with “another characteristic that is always highly appreciated at this time: liquidity,” they point out from HelpMyCash.. These are interest-bearing accounts, ideal for accessing money quickly without losing profitability, as can happen depending on deposits.
In this context, the comparator also points out that there are alternatives that offer a return higher than 2% APR, with the advantage that the user will enjoy liquidity whenever they want.. Likewise, these three accounts are very interesting:
- N26 savings account
With a return of 2.26% APR without maximum limit, without commissions or conditions, this N26 savings account gives complete freedom to withdraw funds. In addition, it has the protection of the German Deposit Guarantee Fund and its opening is simple: first, you obtain a free current account and then, through the app, you access this savings account. - Smart Account Welcome Evo
The EVO account without commissions or requirements offers a return of 2.85% APR up to 30,000 euros. In addition, it offers a free mixed debit and credit card, allowing you to withdraw money anywhere in the world at no cost.. In short, an exclusive option for new clients looking for a remuneration alternative during these dates. - Sabadell Online Account
To conclude, the Sabadell Online Account offers a temporary opportunity until January 2, 2024: a 6% TIN for the first three months and a return of 2% TIN (3% APR) afterwards for a maximum balance of 20,000 euros. In addition, free of commissions and requirements, it allows you to recover 3% of electricity and gas bills and debit and credit cards are free.
With any of these three accounts, you may not enjoy their profitability for this Christmas that is already here, practically. However, they can be opened this December to take advantage of them over the coming months.