Deposits: compare and get at least 3%

These are not easy times for Spanish savers who want to put their money in a safe place. National banks are going through what may be the most delicate moment in history, surrounded by the new requirements for provisions, by rating agencies, by the weakness of their income statements, by the fall in their prices and by doubts That triggers the next valuation of your real estate assets by independent appraisers.

In this scenario, where to put the money with the maximum guarantees? The first premise must be safety . In deposits, the number one goal is to shield savings. That is, not to deposit in a single entity more than 100,000 euros that the Deposit Guarantee Fund guarantees per holder and current account.

After a week marked by the nationalization of Bankia and the fear that the entity will go into losses - it has announced that it will reformulate its accounts - in 2011, investors are thinking about where to put their savings safely. In Spain the offer is very extensive, although the returns on deposits are not as juicy as last year. It happens as with clovers: whoever finds a four-leaf clover, that is to say 4% at a year, has a treasure.

The great paradox is that this figure is possible only in banks to which the crisis has passed through the keel. This is the case of the nationalized Bankia, CAM - absorbed by Banco Sabadell - and Banco de Valencia, in this case from 30,000 euros, as well as the main Portuguese banks Espírito Santo and Finantia Sofinloc. Figures well above the average that try to retain customers in the face of the difficult situation of the entities.

Among the large Spanish banks, the dominant trend is to find yields of no more than 3%. In the case of Banco Santander, its one-year deposit is remunerated at 3.05%, while the profitability of the BBVA Uno product is even lower, reaching 2.65%.

The offer is somewhat more succulent among the rest of the entities. Bankinter remunerates with 3.75% at twelve months, while Banco Gallego reaches 3.55%. The 3% platoon is made up of Caja Sur, Catalunya Caixa and Banco Pastor. A little further away, at 2.8%, are Banesto, Caixa Geral and Deutsche Bank.

Promissory notes and preferred, another story

Visiting a bank office to inquire about their savings products always ends with a question: Promissory notes or deposits? Banks are giving priority to hiring the latter, since they do not suffer the penalty imposed by the Bank of Spain on deposits when they exceed a certain limit.

In return, the investment is not guaranteed and depends exclusively on the solvency of the group. For example, the leading Spanish bank, Santander, offers just 3% for a one-year deposit, while the return on its 12-month notes reaches 3.75% from 10,000 euros and 3.90% for from 60,000.