PJSC Sberbank : Sber raises interest rate for Additional Interest savings account

SberBank has increased the maximum interest rate for the Additional Interest savings account to 6.5% per annum. Accounts can be opened until October 31, 2021.

The rate depends on the amount placed in and the maturity term of the savings account, the current and maximum balance of the accounts the client has had with the bank over the past three months, and whether the savings account was opened online or offline. Accounts opened online have the most advantageous interest rate.

Deposits start at RUB 100,000. You can open an account in the mobile app or web version of SberBank Online, or at a SberBank branch. You cannot deposit more funds into the account or withdraw money after opening it (except for interest) before the term of the agreement expires. Savings mature in 3, 6, 12, 24, or 36 months.

In view of market changes and the actions of the Central Bank, we are now able to increase the rate on one of our most popular savings accounts and extend the promotional period. Today, almost half of Sberbank's depositors choose Additional Interest, an excellent solution for those who prefer guaranteed returns. The easiest way to open a deposit is via the Sberbank Online app. The process takes under a minute.

Sergei Shirokov

Director, Borrow and Save, Sberbank

Further information on the Additional Interest savings account terms is available on the bank's website.