Rosselhozbank initiates a drive aimed at supporting low-income individuals
Rosselkhozbank, Russia's Agricultural Bank, is known for its diverse savings account offerings, which can vary based on market conditions and bank policies. At present, the bank provides two popular savings accounts: the "My Account" and the "Ultra" account.
For those with monthly card spending of 50,000 rubles, the "My Account" savings account offers an interest rate of 16% per annum. However, new clients can enjoy a higher rate of up to 19% during the first three months. For clients with a lower monthly card spending of 10,000 rubles, the interest rate drops to 14% per annum, while those with a monthly spending of 30,000 rubles can earn 15% per annum.
The "Ultra" savings account, on the other hand, offers a basic interest rate of 12% per annum that increases based on client spending. The maximum interest rate for this account can reach up to 20.25% per annum.
Rosselkhozbank's "Welcome Rate" promotion allows clients to start earning high returns on their savings from the very first day of depositing funds. It's essential to note that the specific interest rates, minimum deposit or spending requirements, and the duration for which these rates are valid may change, so it's advisable to consult the bank's official website or contact the bank directly for the most accurate and current details.
Funds deposited in savings accounts remain freely available for management at any time, and interest is calculated on the daily balance with monthly payouts. Rosselkhozbank also offers increased interest rates for debit and credit card holders and savings account holders.
The bank's increased rates on savings accounts, which are currently among the highest on the market, will be valid until November 30, 2025. The maximum amount for calculating increased interest on the "My Account" savings account is now 10 million rubles.
One satisfied client, Marina Kabanova, shares that savings accounts can help achieve savings goals even when funds cannot be kept for a long time. She encourages potential clients to explore the various savings account options available at Rosselkhozbank to find the one that best suits their financial needs.
For individuals looking to invest in personal-finance, Rosselkhozbank's "My Account" savings account offers competitive interest rates. Clients with a monthly card spending of 50,000 rubles can earn up to 19% interest per annum during the initial three months, while the basic interest rate for the "Ultra" savings account is 12% per annum, which increases based on client spending and can reach up to 20.25% per annum.
