PrivatBank has increased income to 5% per annum: how to get more from Envelopes.

In the state financial institution 'PrivatBank', it is now more beneficial to save money for purchases or for financial stability. According to the bank's press service, clients who use the service will receive 5% per annum on their account.According to reports, the 'Envelope' service is an account in the mobile application 'Privat24' with additional features, which allows both saving and spending money. Bank board member Dmytro Musiyenko noted that the bank will credit 5% per annum on all 'Envelopes' starting from 3 thousand UAH. It was also noted that the interest accrual and payment will be automatic. The 'Envelope' also has unique properties, including the ability to plan expenses and transfer funds to the cards of other individuals.To create an 'Envelope', clients need to choose a name, currency, specify the purpose, amount, and end date of savings, as well as the ability to visualize the account. It should be noted that the bank has updated fees for money transfers from abroad via Privat24 and set a fee for the delivery service starting next year.