Thursday, December 19, 2013

best deposits


After a period where banks would not stop climbing your offers in time deposits, is a bit disappointing orr family farm that the rates have gradually declined and that aggressiveness in attracting deposits diminishes greatly. It is natural that, after increases of capital and greater balance between lending and deposit taking, not only through greater liquidity, but also by braking in lending, banks no longer feel the need to offer rates as high for deposits as they felt when their balance was unbalanced. However, there are still good opportunities orr family farm that can be seized and fight for attracting deposits will continue to be felt until the next financial crisis in Portugal. What is the ideal time?
As mentioned in the previous newsletter is expected that the rates offered to come down to the end of September and it is expected that in the last quarter of the year the banks return to increase their rates on time deposits in order to pass the year. So, at this point the best strategy will be to opt for a 3-month deposit and then do another at the end of the year, or choose to make deposits for several years, but with periodic interest payments and the possibility of early mobilization of deposit without penalty on the dates the interest payment. Examples of these deposits are: deposit within 2 years of the Invest Bank (4.125% TANB), DP 2 years CR BES (3.81% TANB) and DP Crescent 2 years of Banif (3.75%) .
Banco BIC DP New Op 2 (4.00%)
Up to 100,000 _:
12 Months:
Source: Websites of banks 1 24/08/2012 Exclusive for new customers. orr family farm 2 Exclusive new features. 3 The minimum period of these deposits is higher than the desired orr family farm term, but according to the conditions of the products you can demobilize them before the deadline with penalty of 100% of the unpaid interest. So you can demobilize the capital after the payment of interest of the desired period. 4 early mobilization is not permitted.
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