For the last 15 years, Privat Bank has been the leader among Ukrainian banks in terms of deposits attracted from the population. These leadership positions are due to the recognition of Privat Bank and a huge network of branches that are in almost every city, town or village.
Privat Bank is always well-known, and if someone has an extra "denyushka" and wants to deposit it in a bank, then the first bank that comes to mind is Privat Bank.
Considering the popularity of Privat Bank and the demand for deposit and deposit products of this bank, we decided to review all Privat Bank deposits and show you the conditions, tariffs and interest rates on Privat Bank deposits.
What deposits and contributions does Privat Bank have?
To the will of Privat Bank, an extensive offer of deposits and deposits for customers - individuals. At the time of writing this article, we counted 8 deposit products that can satisfy the requirements of any client - these are with and without early withdrawal, with interest accrued monthly and at the end of the term, any term and currency, with and without investment opportunities ...
I give you the names of Privat Bank deposits - Deposit Plus term, Deposit Plus, Standard term, Standard, Privat-deposit, Standard tax-free for pensioners, salary recipients and social benefits, Piggy bank, Poste restante.
As you can see, the list of deposits and deposits is quite large and varied, which already makes you strain and choose. I suggest you take a closer look at each of the deposits of Privat Bank for a clearer perception of the conditions and interest on them.
Privat Bank deposits - conditions, tariffs and interest...
I propose to get acquainted with each of the deposits of Privat Bank in more detail below...
Deposit plus term from Privat Bank
This type of deposit has the highest interest rate. Interest is calculated monthly. Deposit with replenishment. In this deposit, there is no possibility to close the deposit ahead of schedule and withdraw the money.
Deposit plus from Privat Bank
The conditions for this deposit are identical, but this deposit differs from the previous one only in that its agreement contains the possibility of early termination, namely - " If you demand the return of part of the deposit, your obligations and the obligations of the Bank on the deposit are terminated, and the deposit is returned to you"
| Term | Interest payment | Early dissolution | Possibility of replenishment | Interest rate |
| 1 month | Monthly | With replenishment | 12% | |
| 3 months | Monthly | With the possibility of early termination | With replenishment | 13% |
| 6 months | Monthly | With the possibility of early termination | With replenishment | 14% |
| 12 months | Monthly | With the possibility of early termination | With replenishment | 15% |
As you can see, the condition of early termination of the deposit increases the bank's risk that you can withdraw money at any time and at the same time reduces the interest rate on it.
Deposit Standard urgent from Privat Bank
This deposit with the possibility of replenishment, payment of interest monthly, but without the possibility of early termination of the contract and withdraw the money.
Deposit standard from Privat Bank
This deposit is identical to the previous one, the only difference is that it has the possibility of early termination.
| Term | Interest payment | Early dissolution | Possibility of replenishment | Interest rate |
| 1 month | Monthly | With the possibility of early termination | With replenishment | 12% |
| 3 months | Monthly | With the possibility of early termination | With replenishment | 13% |
| 6 months | Monthly | With the possibility of early termination | With replenishment | 14% |
| 12 months | Monthly | With the possibility of early termination | With replenishment | 15% |
Private deposit
This deposit from Privat Bank gives you the opportunity to fully manage your money - replenish, withdraw, and even receive interest on the balance.
As you can see, not a high interest rate is due to the fact that the deposit is on demand, which means the client's freedom of action.
Deposit Standard tax-free from Privat Bank
This deposit is unique! The terms of the agreement stipulate that you are not charged a 20% tax as from all deposits - this tax covers the bank itself - you get the full amount of interest. These deposit conditions can only be used by clients of Privat Bank - pensioners, recipients of social benefits and clients who receive salaries through Privat Bank.
| Term | Interest payment | Early dissolution | Possibility of replenishment | Interest rate |
| 1 month | Monthly | With replenishment | 11,5% | |
| 3 months | Monthly | No right of early termination | With replenishment | 14,5% |
| 6 months | Monthly | No right of early termination | With replenishment | 15% |
| 12 months | Monthly | No right of early termination | With replenishment | 15,5% |
Deposit moneybox from Privat Bank
This Privat Bank deposit product gives you the opportunity to freely manage your money - replenish, partially withdraw, while you get the highest interest rate on the balance
The peculiarity of the Piggy bank from Privatbank is that this Piggy bank is like a virtual account to which you can replenish money and at any time return it to some Privat Bank card. This all means that you will not be able to withdraw money from an ATM directly from the Piggy Bank or pay at the terminal in the store - you first need to transfer money from the Piggy Bank to the card and then you can use the money. You can transfer money from a piggy bank or to a piggy bank at Privat Bank ATMs, terminals, Privat 24 or bank branches.
It is important to know about Privat Bank Deposits.
Be sure to read the deposit agreement before depositing money. Contracts of Privat Bank are very simple and understandable. According to the legislation of Ukraine, if the contract does not indicate that there is a possibility of early or partial withdrawal deposit, then you will not be able to withdraw your money ahead of schedule and the bank in this case will be right and will not return the money to you until the end of the deposit.
Also, if you make a deposit through the Privat 24 system, do not be too lazy to contact the nearest branch and ask them for your copy deposit agreement, but very little can happen.
P.S.. This review was written in March 2017, on this moment These interest rates may no longer be relevant! You can get acquainted with the deposits of Privat Bank today here - https://privatbank.ua/ru/depozit/
PrivatBank offers a wide range of services for the provision of various deposits and deposits. On the official page of the bank in the Deposits tab you will find detailed description for each contribution and its purpose. More precisely, you will learn about interest payments, the possibility of partial withdrawal, minimum amount contribution, and timing.
Moreover, you can use the deposit calculator, which will give you the opportunity to calculate each deposit and choose the most suitable one for you. Then you can start making a deposit.
All deposits and deposits of PrivatBank are divided into different categories, some deposits will be with monthly payment, other accumulative or on demand, there are also in the bank Special offers and additional Programs.
What is a multicurrency deposit? Everything is very simple, this deposit will forever deprive you of the choice in which currency it is best to make a deposit. All that is required of you is to open a Deposit in any convenient currency (hryvnia, dollar, euro, ruble)
Before you start working with investments, it is best to understand this concept on your own. A deposit is some kind of investment in a bank, you trust the bank with your savings, and you get paid for it in the form of dividends. In other words, it can be called an investment.
PrivatBank is one of the largest banks in Ukraine in terms of the number of investments. However, for a competent investment in a bank, you need to be extremely well versed in this, or at least have information about interest rates on deposits in a private bank today. Basically, deposits, like any other bank, are primarily intended for more or less reliable storage Money, as well as their small multiplication.
Most banks provide extensive investment selection criteria, for example:
- validity;
- currency;
- choice of interest rate (compound or simple interest)
PrivatBank's main deposits for today
Deposit +
The most popular deposit in PrivatBank in 2016. The main advantage of this depositor is the variety of options. The primary advantage lies in the multi-currency deposit system, it can be issued in hryvnia/dollar/euro.
Regardless of the currency, the depositor can be opened for a month, a quarter, 6 months or a year. If you open a hryvnia deposit, the interest rate will be 15% monthly deposit and 21% at an annual rate including 2% to the bonus plus account. Also, for clients there is an opportunity to change the deposit currency for its duration. In case of changes, the client does not lose anything, because interest is calculated monthly. In addition, you can independently calculate the percentage using deposit calculator privatbank.
Standard
The main service offered to the public. Opens in one of 4 currencies (hryvnia, dollar, euro, ruble). As in the previous option, it is possible to change the currency without losing interest, the interest is calculated monthly. It is possible to open a deposit for 1; 3; 6; 12 months, in addition, its replenishment is possible ahead of time.
Private deposit
One of the most flexible types cash investments provided by the bank. Opened only for a year. Interest rates in Privatbank deposits are not as high as in other types of investments, they are equal to: 21% - hryvnia; 10% dollar; 10% euro. Its main advantage is the possibility of its constant replenishment or withdrawal of funds without additional fees.
Poste restante
It is issued in one of three currencies to choose from, as in the option above.
Currency deposits in Ukraine are several times less profitable than hryvnia deposits. According to the National Bank, in April this year, the average interest rate on dollar deposits was 7%. However, many banks offer programs with conditions above the market average. Below will be comparison table best deposits in Ukraine in dollars in 2016.
- Privat Bank offers 10% per annum for a dollar deposit for 1 year and 8% for a 3-month one;
- Credit Dnipro - 9.3% and 7.3% for similar terms of deposits.
At banks with foreign capital there is no acute shortage of foreign currency, and therefore the dividends received on currency deposit, will be extremely small. Despite such a difference in interest on the deposit between Ukrainian and foreign banks, the latter will not be left without depositors at the expense of, first of all, those persons for whom the reliability of the bank plays a crucial role.
- Credit Agricole Bank offers to earn 2.5% per year on a dollar deposit in 1 year;
- Raiffeisen Bank Aval - 0.5% per year for a dollar deposit.
foreign currency deposits in current year will be much less attractive. Last year, the dollar against national currency increased by 50%. In the current one, according to forecasts, it will increase by no more than 20%. However, financiers recommend keeping at least part of the savings in foreign currency. This is especially true for those who save money to buy a home, car or travel abroad.
Depending on the terms of placement of deposits, it is necessary to change the shares of dollars and hryvnias. If money is needed within the next six months, then it makes sense to keep it in hryvnia in order to win in the short term due to a higher interest rate. If the money is not needed for a long time, it is recommended to increase the share foreign exchange to protect against exchange rate fluctuations.
The average foreign currency deposit rate in April was 7% for a period of 1 year. The amount of 300 thousand hryvnia (excluding the "airbag", the size of which is 3-4 monthly income) is best divided in half into a semi-annual deposit in hryvnia and an annual deposit in dollars. And if there is an amount of 1 million hryvnia or more, increase the share of the currency to 65%. Alternatively, you can distribute 1 million hryvnias in this way: leave 10% in hryvnias, 35% in euros, 55% in dollars.
If you open a foreign currency deposit, then you should remember the nuances that are associated with the administrative restrictions of the National Bank. After all, you can withdraw no more than 50 thousand hryvnias per day from a dollar account at the current exchange rate. But for a hryvnia deposit, this limit is 500 thousand hryvnia per day. Open currency deposits recommended only in foreign banks.
In addition, it should be remembered that if the bank goes bankrupt, the deposit in foreign currency will be returned in hryvnia at the exchange rate National Bank on the day the organization is declared insolvent. If, from that moment on, the national currency devalues, then you will have to put up with the losses.
Below you can see the TOP 15 best offers on deposits in dollars in Ukraine at the end of May 2016, subject to the deposit amount of 1000 dollars and a period of 1 year:
| Bank and deposit program | Income from a deposit of 1 thousand dollars with a deposit term of 12 months | Bid | Accommodation conditions |
|---|---|---|---|
Platinum Bank  Cooking schomisyatsya without the possibility of early withdrawal |
115,00 $ | 11,50% |
|
|
Platinum Bank Urgent |
110,00 $ | 11,00% |
|
Accent Bank  Standard urgent |
100,00 $ | 10,00% |
|
Investment and Savings Bank  Profitable |
100,00 $ | 10,00% |
|
|
Platinum Bank Cooking schomisyatsya without the possibility of early withdrawal |
100,00 $ | 10,00% |
|
|
PrivatBank Deposit plus term |
100,00 $ | 10,00% |
|
|
Platinum Bank Bazhane zbіlshennya |
99,25 $ | 9,50% |
|
 "VTB Constructor +" interest payment at the end of the term with monthly capitalization |
97,50 $ | 9,34% |
|
"VTB Constructor +" interest payment at the end of the term |
97,50 $ | 9,75% |
If a person has certain amount money, he can put it on deposit to get a benefit. The most reliable financial institution for this is. Deposits, interest rates of 2018, offered by the bank, can suit any person.
What is a deposit?
Replenishment of the deposit in PrivatBank
The possibility of replenishing the deposit is determined by the type of deposit. For example, high-yield deposits do not provide for the possibility of their replenishment, as well as partial withdrawals.
In any case, when concluding an agreement with a bank, the client is obliged to carefully read the terms of the agreement in order to choose an acceptable option for him to start working with the bank, if he is interested in the possibility of replenishing the deposit.
How to withdraw money?
The client can withdraw money on his own upon termination of the deposit agreement with PrivatBank by contacting any bank office.
In any case, after the expiration of the client's agreement with the bank, the entire amount due to him with interest under the investment agreement is transferred to the client's hands.
Early withdrawal
Early withdrawal of funds is provided not in all deposit programs of PrivatBank.
Concerning dollar deposits or deposits opened in euro, there is often no provision for early withdrawal before the expiration of the contract.
Depositor Protection
Individuals who have made a deposit in PrivatBank are protected state program DGF (Individual Deposit Guarantee Fund).
If for some reason financial institution ceases to exist, clients who made deposits in it will receive monetary state compensation. Wherein maximum amount compensation is limited to 200 thousand hryvnia.
Read also:
Important to know about PrivatBank Deposits
Be sure to read the deposit agreement before depositing money. PrivatBank agreements are very simple and clear.
According to the legislation of Russia, if the contract does not indicate that there is the possibility of early or partial withdrawal of the deposit, then you will not be able to withdraw your money ahead of schedule and the bank in this case will be right and will not return the money to you until the end of the deposit.
Also, if you make a deposit through the Privat 24 system, do not be too lazy to contact the nearest branch and ask them for your copy of the deposit agreement, otherwise little can happen.
