What is the difference between the daily balance and the minimum balance?

The daily balance is the amount that remained in the account each day during the month. The interest accrual method based on the daily balance is especially beneficial for those who frequently top up the account and withdraw funds.

Example:

On the morning of the 1st, the account balance was 100 000₽; on the 11th, you topped up the account by 50 000₽, and on the 22nd, you withdrew 50 000₽.

Thus, for the period from the 1st to the 11th, interest will be accrued on 100 000₽; from the 12th to the 22nd, on 150 000₽; and from the 23rd until the end of the calculation period, on 100 000₽.

The minimum balance is the minimum amount of money that remained in the account during each month.

For example, if your account held 80 000₽, you withdrew 30 000₽ in the middle of the month, and then topped it up by 40 000₽, interest for the current month will be accrued on the minimum balance of 50 000₽.