2023-12-19 05:59:11
Innovation in savings comes with an account that combines investment and immediate liquidity, without commissions or conditions with the revolutionary Easy account from Renta 4 Banco.
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With the rate increase that we have had in 2023, some financial products designed for savers that had been missing in recent decades have returned: deposits and remunerated accounts. These products offer savers a remuneration in exchange for keeping their money retained (in the case of deposits) or for contracting other products and/or linking a receipt or payroll (in the case of remunerated accounts). In this economic panorama, a revolutionary financial product has arrived, the Easy Income Account 4 Bankwhich, as its name indicates, has the objective that beneficiaries save by investing in an “easy” way.
Investing has never been so “Easy”
The Easy Account is a checking account linked to the Renta 4 Foncuenta Ahorro FI investment fund. Every time a deposit is made, the money automatically reverses in this background. But what is truly new is the immediate liquidity it offers, allowing up to 90% of the capital instantly through transfers, Bizum or debit card.
One of the great advantages of Easy Account It has no commissions or conditions. There are no penalties for withdrawing money or closing the account. In addition, as of November 2023, it has a expected return of 3.30% APR.
The Easy Account is linked to the Renta 4 Foncuenta Ahorro FI fund, a fixed income fund with a conservative profile with an asset portfolio made up of high credit quality sovereign bonds and short duration bills. These financial assets offer the investor a short maturity and a profitability that is fixedTherefore, although returns cannot be guaranteed in investment, in this case, the fund managers can estimate it considering the reinvestment of short-term assets and the forecast of changes in interest rates.
Likewise, the regulatory body to offer this data, requires three estimates: one neutral, one positive and one negative. In the case of the Easy Account, the estimated profitability as of November 18 is 3.30% APR for a more probable scenario; 4.04% in an optimistic scenario; and 2.57% for a pessimistic scenario.
Invest easily, invest wisely
The Easy Income Account 4 Bank is presented as a innovative option in the savings and investment panorama. Its combination of ease of use, immediate liquidity and expected profitability makes it an attractive proposition for those looking for a simple and accessible way to grow their money. However, it is crucial to keep in mind that, as with any investment, there is associated risk, and returns are subject to market fluctuations.
Although the profitability of the Easy Account comes from an investment fund and, therefore, it is not guaranteed profitability. The Renta 4 Foncuenta Ahorro FI fund is the fund linked to the account, with a conservative risk indicator (2 out of 7).
It should also be noted that the Easy Account does not charge commissions to the client, but the money deposited is automatically invested in the Renta 4 Foncuenta Ahorro FI fund, which has management fees (0.20%) and deposit fees (0.10%). These commissions are the source of income for Renta 4 Banco. And, even if clients have their money invested, the Easy Account allows them to withdraw up to 90% of their assets. instantly thanks to an advance payment from Renta 4. The remaining 10% follows the usual funds withdrawal process, which can take between 3 and 4 days. In addition, it has no deadlines, so you can deposit and withdraw money at any time.
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