Find out what types of accounts are best for you to grow your money

Before the approval of the laws that authorize the withdrawal of up to 4 tax units (UIT) or S/ 18,400 for all AFP affiliates and the exceptional provision of 100% of the funds from the Compensation for Time of Service (CTS) account, many Peruvians question what they can do with that money to generate higher profits.

Given this, Ripley advises on three ways to save for those interested:

• Fixed deposit: They are deposits that are made in a certain period of time, so the deposited money can be used before the agreed term is fulfilled, but they offer great profits. For this, Banco Ripley offers an effective annual rate of return (TREA) of up to 7.5% in soles.

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• Simple AFP account: The account is ideal for those who want to get their AFP but know how to use it for anything. At Banco Ripley, this account will have no cost and may have an effective annual rate of 5% in soles.
• Plus Savings Account: Accounts for those who raise money, but need the freedom to dispose of their savings at any time. Here Banco Ripley offers a TREA of 5%.

Banco Ripley offers all types of accounts for each client with their own needs. In this way, it seeks to continue invigorating the economy and offering the best services that allow the user to carry out their day-to-day activities with ease through digital channels and with great benefits.

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