Will I have problems opening a savings account with a dirty name?
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If you've come this far, it's because you've thought about having a savings account, because we all reach a point in life where we think about saving our money.
Our dear hard-earned money, with the intention of paying for a better school for our children in the future.
Or finally being able to invest all your money in your own home.
And for that we try our best to do everything right and in case there is a problem, like having a dirty name.
We are looking for answers, so keep reading to find out everything you need and whether it is possible to open a savings account with a dirty name.
Will you know how to manage your savings account?
the savings serves as a way for you to save your money in a safe way, looking for stability in the future.
More technically, savings is a type of bank account, which can be used to store your money and earn you a return.
Unlike the current account, where the objectives are transaction operations.
In savings, you can only save your money, which can be linked to your checking account, or even open two separate accounts.
How the bank works its money
His money is deposited in the savings account, where he receives a monthly income.
The value of this income varies according to the bank and monetary situation of your country, so it is defined by your government.
You can also withdraw your money whenever you want, due to the daily liquidity that your account has.
Its profitability is only activated after the money completes one month in the account, if you withdraw any amount before that period, the profitability will not happen.
How to open a savings account even with a dirty name?
Savings don't necessarily have to be in conjunction with your checking account.
At any bank branch you can ask to open a savings account in your name.
You will need some documents requested by the agency where you are opening your account.
Unlike the current account, there is no fee charged for using any bank's bank account.
How much does the savings account yield?
Currently, the savings account yields around 0.13% per month, generating an income of 1.58% per year.
Value defined by the Central Bank, after definition of the Selic rate.
Can I open savings with a dirty name?
Frequent doubt, contrary to what many think, it is possible to open a savings account with a dirty name.
But pay attention to where you want to open this account, some banks do not allow opening a savings account with a dirty name.
Itaú is a case of these types of banks, unlike Bradesco, which allows opening a savings account even with a dirty name.
The right choice where there is no problem opening a savings account with a dirty name is Caixa Federal.
Now if you want other options on how to save your money even though you have a dirty name.
Keep reading.
Video | Can the bank prevent you from opening an account?
Another way to save your money
If you are one of those people who do not trust banks or savings, betting on direct treasury may be an option for you.
For those who don't know, direct treasury is a government action with the aim of selling government bonds directly to individual investors.
Basically you can invest in government bonds.
And here are some advantages of direct treasury.
- Unlike savings accounts, which only have R$ 250,000.00 guaranteed by the FGC (Credit Guarantee Fund), bonds are 100% guaranteed by the national treasury.
- currently the savings yields 70% from Selic while the treasure direct yields 100%.
- You have a greater variety of securities from which you can choose to invest, while savings are fixed at the Selic rate.
Advantages and disadvantages of opening a savings account
Now let's list some advantages and disadvantages of opening a savings account.
Benefits
- Immediate liquidity (As already mentioned, you have full access to your account).
- Absence of fees and taxes
- Credit Guarantee Fund (It is a guarantee that if, for n reasons, the bank does not comply with the payment, you have a guarantee).
- Simplicity
Disadvantages
- Low profitability (As already mentioned, the percentage of income is only 0.13% per month).
- long term result
- Not suitable for legal entities (If you want to open a savings account for your company, unfortunately this is not possible).
- It is incompatible with inflation (Even if inflation is absurdly high, the profitability of savings accounts will continue to follow its pattern).
Now it's up to you.
Did you like this article? Do you still have any questions not addressed in the text?
Write a comment below! We will be delighted to be able to assist you in this step of yours.
Read too: Can I assume public office with a dirty name? It is Can I assume a company being negative?.
Good luck in your investments!
