In the section Banks and Loans to the question What is the difference between a debit card and a deposit card? Or is it just the same thing? different banks contributions are called differently :)). given by the author Denis the best answer is Bank cards are debit and credit.

Firstly, withdraw the money (you or your employer contributes)

Secondly, money from the bank, which provides you with a paid service - lets you use it (credits).

And the deposit is your money. which you deposited into your bank account (allowed the bank to use), for which it pays you (charges %%).

TO deposits They rarely issue cards, because - deposits are mainly made for a certain period and withdrawing days from the deposit account deprives you of profitability (%%).

A bank card- this is just a tool (key) for accessing your bank account.

What is the difference between a current account and a deposit account?

There is often a situation when a variety of users of banking services ask themselves the question of how a current account differs from a deposit account. The need for a clear answer may arise due to the interpretation of a clause in the service agreement that is unclear to the reader. Sometimes the question is asked out of a desire to understand the possibilities of one’s own manipulation of funds.

Often, when the terms “settlement”, “card”, “urgent” and “on demand” are found in the texts of a contract or information materials, a person gets completely confused. Concept of savings book as securities to the bearer is generally inaccessible to the understanding of many. Let’s clarify the organization of the bank’s work in terms of the capabilities of the user, that is, the owner of the money.

Tools with quick access

A current account is opened for direct money transactions and is used for:

• making payments when paying for services and purchasing goods;
• crediting wages and other incoming funds;
• accounting for receipts from others individuals and from the current accounts of enterprises.

The main feature of a current account is direct access to money. In the above, the concept of a current account flashed through. In fact, it does not make much difference in the mechanics of operation. This is, roughly speaking, a storage facility for the money of an enterprise, a legal entity.

It is advantageous to use a current account for making payments when it comes to significant amounts funds. In this case, replenishment is possible only through receipt orders and a bank cash desk. Similarly, you can remove a large amount. Using online banking tools, depending on the terms of the service agreement, you can also carry out transactions with current funds, for example, send money to pay for services. Subscription fee There is no charge for servicing a current account by the bank.

A deposit account provides for the placement of funds for a certain period of time with blocking access to them by the owner. The funds are placed at the disposal of the credit institution (in this case, the bank), and for the use of the user’s finances, interest is accrued on the amount of the deposit. This is how it works standard scheme deposit.

Deposits of this kind allow you to invest funds, and the interest rate smoothes out the effect of inflation that is constantly present in the financial environment.

However, today banks are expanding the possibilities of using a deposit, which is why the user’s perception is erased. For example:

• a demand deposit may imply the accrual of a low interest rate and provide the opportunity to use the money;
• a card can be linked to the deposit, and the owner of the funds will be able to operate with accrued interest;
• banks have deposit offers that allow partial withdrawal funds;
• deposits may provide for replenishment, including automatic replenishment - these capabilities are an extension of the mechanics and can be offered by the bank as part of separate service packages.

In fact, the biggest confusion arises from the add-on - cards, which erase the difference between the current and deposit storage of funds.

How do plastic cards work?

The card (deposit or credit) is linked to own account. If the means of payment was issued to manipulate funds in the current account, then the bank independently carries out processing. The card user has no idea about the transactions that take place in the bank when he withdraws money from an ATM or pays for services.

Because of this, it becomes clear why banks charge money for servicing cards. The amount of payment depends on the opportunities provided to the client. It could be:

• overdraft by debit card;
• the ability to use borrowed funds using a credit card;
• interest-free debt repayment period.

The amount of monthly payment for servicing a card account linked to the current one also depends on the type of card, which, in turn, declares limits on the movement of funds. This could be either a restriction on withdrawing money from an ATM or general monthly traffic generated by purchases and payments for services.

The difference between card and current accounts is visible to the naked eye. Current transactions are carried out without restrictions, however, using special instruments or at a bank branch. The card add-on simplifies operations with money and provides a set of advanced features, however, you will have to pay for the service.

There are bundles of cards and deposits. This can be done both for the purpose of handling accrued interest on the deposit, and for the possibility of partial withdrawal of the deposit body. The bank issues only debit cards, and funds on them are calculated depending on the conditions of a particular deposit. For example:

• if the card is linked to a “term” class deposit (as deposits opened for a fixed period are called), then it can operate with accrued interest;
• the owner has access to only the amount of calculated funds, but not the body of the deposit;
• after the deadline term deposit, the body of the deposit is transferred to the card.

In the case of deposits with partial withdrawal, the owner of the funds has limited access to the body of the deposit. The amount that can be operated is described in the agreement with the bank. The usual conditions are: You can withdraw a certain amount of money before reaching the so-called minimum balance. This amount is also calculated according to the terms of the agreement for servicing a fixed-term (deposit) deposit.

What is the difference between current and deposit accounts

The above-described operation of cards and accounts allows us to separate operations with accounts and clearly answer the question of what is the difference between deposit and current accounts. The key difference is the ability to access funds.

In fact, a current and deposit account in a bank are a kind of storage of user funds, only:

• a current account provides direct operational access to funds, while a deposit account limits their movement for a clear period or offers special conditions use;
• a current account does not have an expiration date, and the standard mechanics of a deposit account imply a finite time for storing money;
• interest is not accrued on a current account, but a deposit account always implies the accumulation of funds that the bank accrues in the form of interest.

Everything else is interest, which is supposedly calculated on the balance of the regular account. Access to part of the deposit body, use of accrued money - this is all the work of a card account, which is a flexible and user-friendly add-on.

When asking the question of how to find out a deposit or current account, you should understand that such data can only be uniquely identified by the bank. Usually the number identification is different. Current accounts begin with one group of numbers, deposit accounts with another. Most easy way to get an accurate answer, call the support service of the bank with which the service agreement has been concluded.

The savings book has been very popular relatively recently. We can say that everyone had it. But today its use is declining. Users of banking services, when asking the question of whether a savings book is a current account or a deposit account, simply do not understand the type of this document.

To answer the point, the savings book is tied to a specific current account. At the same time This is a non-personalized means of accessing money. It works like a security or a bearer bill. If you lose your savings book, anyone can find it and gain access to finances, cash out existing funds, close the account, or perform other actions that are dangerous for the owner.

Proof of ownership of a passbook to a specific person falls under the jurisdiction of procedural legislation. The owner will need to present receipts bank checks, other documents identifying transactions on a specific account. A savings book can be donated, transferred, and money can be used by anyone. Therefore, almost all banks at the moment refused to use this security in order to increase the level of protection of their clients’ savings.

In addition to these difficulties, the owner of a passbook has a lower level of opportunities. For example, its funds, which can be accessed using a bearer security, are not subject to the deposit insurance law. Additionally, all movements of money must be declared and the sources of the proceeds indicated in accordance with the anti-money laundering law. In a word, the savings book has ceased to be important document and can even bring a whole bunch of problems to its owner.

Deposit or current account: differences, conditions and purpose of accounts

The Russian banking system includes credit organizations who have licenses to carry out their activities. Each banking institution has its own client base, for which it develops its own programs and products, as well as opens accounts for storage and use cash. All accounts can be divided into various types, including a deposit or current account. We will tell you how to distinguish one from the other in this article.

There are three main types of accounts, these include:

The most common area of ​​use of a current account is transfers wages, as well as the implementation of payments for various purposes. It is not suitable for investing and depositing funds on long term. The main purpose of such an account is to serve clients of a particular bank and gain instant access to their own funds. Many people are interested in what kind of card account they have - deposit or current.

The latter does not provide for the accrual of interest on the remaining amount, and if this is provided for by the bank’s conditions, then the accruals will be minimal. Accounts of this type are opened not only in rubles, but also in the currencies of foreign countries. With their help, you can cash out funds, transfer money to other accounts, as well as receive and make transfers. That's what a checking account means.

One of the types of current account is the settlement account. Its opening is carried out by enterprises not engaged in credit activities, and also individual entrepreneurs and other individuals to carry out settlement transactions in the course of doing business.

Clients often cannot understand whether they have a deposit account or a current account.

Card is intended for carrying out transactions with funds using plastic bank cards. If the bank makes an offer to open this type of account, it is necessary to clarify the following points:

There are two types of cards - credit and debit. The client's wages and other income are transferred to the latter. Debit cards are also used to make purchases by cashless payment. You cannot exceed the amount available on the card unless it has an overdraft facility.

Credit cards are borrowed funds when the account limit may be exceeded under certain conditions. This happens if the borrower has established himself as a reliable payer when repaying the debt. Credit cards are very popular among the population of Russia and other countries. They are quite convenient to use, however, the rates on them are too high, especially compared to regular consumer loans. However, there is the concept of a grace period, using which you can return funds interest-free within a certain period.

Some banks offer clients to connect a current account to a card account. This makes it possible to combine its use with credit and debit cards. Such accounts allow you to use funds on them at any convenient time. The undoubted advantage of plastic cards is that there is no need to waste time going to the bank; many organizations offer to use online services.

A deposit account is a bank account that is opened for one specific purpose - to increase existing funds. The bank charges interest on the money invested. This is the simplest type passive income when an investment generates income from minimal risk. However, interest on such accounts is minimal. Conditions for deposits vary among different banking organizations. The main scheme is the client’s lack of access to the account within the period specified in the contract. During this period, interest is accrued in the amount stipulated by the bank's terms and conditions.

Difference between deposit and current account

Unlike a deposit account, a current account provides access to funds at the client’s request. Using a current account, you can pay for services or purchases in stores. Interest, as mentioned above, is not accrued to such an account, or has minimal values.

A bank deposit account is a sum of money that is kept with an institution for a specified period, with interest accruing. The owner does not have immediate access to funds in the deposit account.

Summarizing the above, we can highlight the main differences between a current account and a deposit account:

You cannot use the deposit for purchases or transfers; it is intended for other purposes. This restriction allows the bank to dispose of the funds deposited in the account at its own discretion.

It can be difficult to understand whether a client has a deposit account or a current account.

Sometimes the conditions for opening a deposit imply that it is not possible to withdraw money before the agreed date. It is for this reason that the bank provides its clients with increased interest rates by deposits.

Now it’s clear what a deposit and current account means.

The main components of the deposit are:

The deposit account is canceled by writing two applications - to close the deposit and the account. After closing the account, funds are transferred to the client’s current account or cashed out at the bank. What is a deposit and current account at Sberbank?

Sberbank has established itself as a reliable and stably operating organization. For this reason, many clients prefer to choose it to open deposit and current accounts. At the moment, the bank offers the following deposit programs:

1. “Save9raquo;. It does not provide for depositing and withdrawing funds from the account, but allows you to close it early. The rate is 9%.
2. “Save your pension.” Suitable for pensioners.
3. “Replenish 9raquo;. It can be increased, and the interest on the deposit will be 8%.

The remaining deposits from Sberbank require partial withdrawal of cash. Among such deposits one can highlight “Multicurrency9raquo;, “Manage9raquo; and “International9raquo;.

Changes to the law on bank accounts

As a rule, transactions on deposit accounts are reflected in the passbook. However, recently their supply has been greatly reduced. Books have been replaced Maestro cards. Since the beginning of 2016, the Government has introduced a bill according to which savings books abolished.

However, many clients, especially older ones, still prefer to use books and certificates, since they are easier to understand than modern maps. They perceive the book as real proof of the presence of their funds in the bank and trust only them. Young people, on the contrary, only use plastic cards, perceiving passbooks as a relic of the past.

Thus, understanding the types of accounts is quite simple. And the differences between a current and deposit account seem quite obvious. Every person uses banking services. And if not everyone has a deposit, then a current account is widespread, not to mention the plastic cards attached to them. This modern trend which makes the implementation banking operations more convenient and expands the possibilities for managing your finances.

Reply from Pre-Soviet[guru]
the account, like the card, is opened in your name. Your card (like any other) has a bank account assigned to it, its details (20 characters) must be given along with the card. In essence, this is not your current account, but your personal bank account. You can instruct the bank to deduct a loan payment from your account every month, for example. Well, or you yourself, when you pay for a phone at an ATM or terminal using a card, for example, you make a non-cash debit from your account.

Reply from electrosleep[guru]
salary account expression is not correct. They open for you not a current account, but a personal bank account to reflect transactions, i.e. salary receipts and cash withdrawals using a card or payment by card. Through an ATM using a card, you can transfer money to pay for services (for example, telephone), repay a loan, etc. Only wages are transferred to this transaction account.

opening and servicing a bank account “SALARY”

Operations on this type of bank account are carried out on the basis of current Federal Laws, Civil Code RF, currency legislation RF, regulatory documents Central Bank RF, Chart of Accounts accounting, internal regulatory documents of JSC Kuznetskbusinessbank.

1. Funds raised through this agreement insured in accordance with current legislation for the totality of deposits and account balances of individuals in the amount of 1,400,000 rubles (Bank number in the register of banks participating in the deposit insurance system 224).

2. In pursuance of the Federal Law “On insurance of deposits in banks Russian Federation» No. 177-FZ dated 12/23/2003, when opening a deposit, the client must provide in writing the address for postal notifications, if it is different from the registered address at the place of residence.

3. The client is obliged to promptly provide information about changes in the information provided when concluding the contract (last name, first name, patronymic, registration address, postal address, type and details of the identity document) in order to avoid possible negative consequences of failure to perform such actions in the event of insured event(in particular, increasing the time for consideration of a depositor’s claim for payment of compensation for deposits, refusal to pay insurance compensation if it is impossible to identify the depositor's identity to the DIA).

4. An account is opened in accordance with the legislation of the Russian Federation in the personal presence of the client or his representative:

4.1. citizens of the Russian Federation, on the basis of an identity document.

4.2. foreign citizens and stateless persons on the basis of an identity document, a migration card.

4.3. representative on the basis of the document specified in subclause 4.1. or subclause 4.2. and a document confirming the authority of the representative.

5. Funds under the “Salary” bank account agreement are accepted in rubles of the Russian Federation by non-cash transfer of funds from organizations under the Agreement with the bank and loans issued by Kuznetskbusinessbank JSC without restrictions. Cash deposits are allowed only through self-service devices that have a cash deposit function.

6. In the event of a change in the surname, first name, patronymic, other data of the identity document, as well as the address for postal notifications, immediately notify the BANK with a written application, the submission of which is carried out only upon personal appearance.

7. To perform transactions on bank account the bank provides the client with a payment bank card for use, which is used as a means of payment when paying for goods and services; when issuing cash through cash terminals and ATMs, as well as as a client identifier in a self-service device with a cash deposit function.

8. Expense transactions using a bank card are carried out within the limits set by the bank. Issuance of funds from a current account, in excess of the limit, established by the bank on a payment bank card, is carried out no later than two business days following the day the bank receives an application to receive funds in excess of the established limit.

9. Non-cash transfers funds in the accounts of individuals are carried out by a settlement document drawn up and certified in accordance with current legislation, on the basis of the submitted application of the CLIENT, in the form established by the Bank.

10. Operations not related to business activities are carried out on the account.

11. In case of loss or technical malfunction of the card, a new bank card is issued or the balance of funds recorded on the lost/faulty card is issued no earlier than seven days from the date the client submits the application.

12. The Bank does not accrue interest on funds held in the CLIENT’s account.

13. In case of failure to comply with clause 2. of these conditions, information to be brought to the attention of the depositor in accordance with Federal Law dated December 23, 2003 No. 177-FZ “On insurance of deposits in banks of the Russian Federation”, is sent according to the available details at the Bank and is considered duly delivered.

14. The bank has the right to refuse to make settlement and cash transactions, including using plastic card, with its inclusion in the “black list” when the funds in the account are seized or operations on the account are suspended in cases provided for by law.

15. The card is added to the “Black List” on the day the relevant documents are received by the Bank.

16. The “SALARY” bank account agreement on the part of the Bank is signed by authorized persons of the Department of Public Deposits under a power of attorney issued by the Chairman of the Board of the Bank.

17. Use electronic means payments are regulated by a separate Procedure for the use of electronic means of payment, which is an integral part of the Bank Account Agreement.

18. The Bank's services are paid for by the CLIENT in accordance with the tariffs in effect at the BANK. The bank changes the terms of the bank account; Procedure for using electronic means of payment ; Tariffs for services provided by JSC Kuznetskbusinessbank; interest rates in unilaterally and brings to the attention of Clients by prior notification through information boards in the Bank building and/or the Bank’s website at least 3 business days before their entry into force.

Today, almost every person who receives a salary on a card has a bank account. savings deposits or simply perform non-cash transactions on a daily basis. The owner can be an individual or a legal entity, and the process for issuing a card will be different for each business entity. This article will discuss the question: how can you find out whether a salary card is a current account or a deposit account, and how they can be distinguished.

Today, in the field of banking and lending, three types of bank account are defined:

• current;
• card;
• deposit.

Let's look at each type in more detail.

Current

The most common area of ​​application for a current account is the transfer of salaries to employees and the execution of various payment transactions. It is not used for investments and deposits of money for a long-term period. The main goal of the current one is to serve clients of a certain banking organization, as well as quick access to personal investments.

Many people are faced with the question: do they have a deposit or current card account? This type does not allow interest to be calculated on the balance on the bank card, if this was agreed upon when concluding the opening agreement. But even if this condition was agreed upon, the accrual percentage will be small.

It can be opened not only in ruble equivalent, but also in foreign currency. Using a current account you can cash out own funds, transfer them to another and arrange a transfer operation. Typically, a debit card is used for such transactions.

The current account has a subtype - settlement account. It opens when creating various organizations that do not work in the lending sector. In addition, this subtype can be opened by all types of persons to pay for transactions in the course of business activities.

A current account allows you to make various financial transactions

Card

Used to carry out transactions with money, where the means of payment is a bank card. In the case when a banking organization agrees with the client on the opening of a card account, it is necessary to find out some information:

1. Service price.
2. Is there a fee for withdrawing cash from an ATM?
3. Features of using the card abroad.
4. Are there any paid services when using a credit card.
5. A card account can be debit or credit.

A debit card is usually used to store your own funds (salaries, interest on deposits, social benefits and other compensation). You can use it to pay for a purchase in a store, order goods online, pay cellular communication, utility bills.

The available amount in the debit account cannot be exceeded upon purchase. For example, if the purchase amount is 10 thousand rubles, and there are only 9 thousand rubles on the card, then the operation will not be performed.

A credit card is a type consumer loan, where the possibility of exceeding the limit of available funds is provided. If the client replenishes on time credit card for the amount that was taken, then after a certain period of time the monetary limit increases.

Credit cards have recently become a popular tool for making purchases in Russia. It is convenient to use, but the client pays a certain percentage for comfort when making purchases.

Sometimes banks intentionally attach a card account to a current account so that if something happens, the client can use it.
The card can be used at any time. Its advantage is that in the process of making purchases you do not need to go to a banking organization and waste personal time, but you can simply go to an ATM and complete all transactions in a couple of minutes. It is worth noting that it is better to use a checking account to send money as there are no fees.

Deposit

It is a savings account that is opened in order to increase your own funds through a deposit. The banking organization is responsible for calculating interest on funds invested by the client, and also has the right to dispose of the invested money for the entire period of the deposit. It is the easiest way to receive passive income, where the contribution increases income with a minimum of force majeure situations. True, the accrued interest is small.

Each bank develops individual conditions and proposals for deposits, but still one working scheme can be traced - a ban on deposit account for a client for a certain period of time. It is during this time interval that the interest stipulated in the agreement is calculated.

The deposit account differs in the accrual of interest on the funds on the card

Features of a passbook

Nowadays, not many people can boast of having a savings book, since this is an echo of the past and storing money with the help of others banking instruments much easier and safer. It stores information about the client, the banking organization that issued the passbook, the amount of available funds, accrued interest, type, etc.

But if there is one, then how to determine whether the savings book account is deposit or current? The answer is simple: a passbook is a document that is linked to a bank account, just like a bank card. It can be linked to a deposit account (savings account) or a current account account (debit account). Therefore, to determine its status, you need to contact the bank with your passport.

It is worth noting that modern banks they try to move away from using these documents due to the high likelihood of fraud and “dark” accounting.

Recently, a law was passed in the Russian Federation that bans the issuance of savings books from June 1, 2018.

Difference between deposit and current account

The main difference between a deposit account and a current account is that you can withdraw money from the latter at any time. The current one allows you to pay for any services and goods in a store or online. It does not involve the accrual of interest on the amount on the card, or it is very small.

Deposit represents sum of money client, which is in the use of the bank for the period of time specified in the contract with subsequent accrual percentage values. The client does not have the right to withdraw and dispose of invested funds for the duration of the deposit.

The deposit account cannot be used to pay for purchases or purchase goods, since it is used for other purposes. This rule allows a banking organization to use the client’s invested money to achieve personal goals.

Based on the above facts, we can identify several main distinctive qualities of deposit and current accounts:

• conditions for storing money;
• amount of accrued interest;
• cost of service.

In some cases, it can be difficult to immediately determine which account a client has. Very often open deposit prohibits advance withdrawal of money before the agreed date. Therefore, in order to retain customers, banks offer deposits with higher interest rates.

The distinguishing factors of a deposit account are:

• the interest rate that is charged for the bank using the invested money;
• time for which the account is opened;
• insurance. If the bank goes bankrupt, the client will receive full amount invested money (the amount cannot be higher than 1.4 million rubles);
• in some cases, the deposit can be replenished.

Closing a deposit occurs in the process of signing two applications for closing a deposit and closing an account. When closing a deposit, money is transferred to the depositor's current account or withdrawn from the cash desk of a banking organization.

Current and deposit accounts have their own characteristics and distinctive features

Goals and purpose

In order to determine which bank account to open, it is worth deciding what it will be used for. If you decide to save money, then it is worth considering the terms of the deposit. If an entrepreneur decides to open his own business, then in this case the best option would be to open a current account. If you need to open an account to receive wages, payment different goods and services, receiving social payments, then you should open the current one.

A bank account is a kind of “piggy bank” where non-cash money of all types of persons is accumulated for use in any field of activity. At making the right choice accounts, citizens have the opportunity to make non-cash transactions and earn money on deposits.

In conclusion, it is worth saying that this article addressed the question: “How to find out what account salary card: deposit or current? What are their features and differences? The main difference between these accounts is that one account is designed to increase funds through accrued interest, and the other is used to everyday life(purchase, payment). While not all people open a deposit account, today almost every working person or student has a current account.

This innovation is convenient, practical, safe and effective. Opening accounts is beneficial for banks as it improves stability, both for individuals and legal entities, because gives you more opportunities to manage your own money.