Banks started raising deposit rates. Is it worth rushing to place money?
After the Central Bank's decision in October to keep the interest rate at 14%, the yield on deposits in the top ten banks rose slightly. According to calculations by RBC Investments, the average maximum interest rate on deposits in the top ten banks by the size of the deposit portfolio as of November 13, depending on the range, is:
for three months - 13.49% (+0.03 p.p. from October 23);
for six months - 13.41% (+0.05 p.p.);
for one year - 12.70% (+0.07 p.p.).
However, a massive increase has not yet occurred: banks are gradually improving conditions, competing for depositors' money. At the same time, the banks traditionally launch seasonal sales promotions in the months of November and December. But experts disagree: some advise to wait for stocks, others recommend locking in attractive returns now.
RBC Investments examined the banks' offers and put together the 10 most profitable deposits without additional conditions at the moment. The material also discusses with experts why the rates are rising, what to expect from the banks in December and which savings strategy to choose.
In which bank should I put money in November 2026 at a high interest rate?
Photo: Semyon Parodi / Shutterstock.