ПриватБанк - Депозит UAH 6 міс.

Intro

PrivatBank's 6-month hryvnia deposit is for those wanting somewhat higher income than a three-month deposit, but not ready to lock funds away for a full year. It suits people with a medium-term planning horizon - for example, if the money is set aside for a specific goal six months out.

Interest rate

The rate is 13.5% annually in hryvnia - slightly higher than the same bank's three-month deposit (13%), but lower than the one-year one (14%). This is a logical progression: the longer the placement term, the higher the bank's reward to the depositor. The interest accrual and payout schedule isn't detailed in public data, so it's worth confirming in the Privat24 app or at a branch before opening.

Terms and fees

The minimum opening amount is 500 hryvnia, with no maximum. The placement term is fixed at 6 months. Early-termination terms and possible yield losses in that case should be checked on PrivatBank's official rates page.

Pros and cons

• Pros:
• Entry threshold of just 500 UAH
• Higher rate than the same bank's three-month deposit
• Medium term - a balance between yield and flexibility
• Lets you lock in a rate for half a year ahead

• Cons:
• Rate is lower than the same bank's one-year deposit
• Funds are locked for 6 months
• No public data on interest capitalization
• The hryvnia instrument is exposed to inflation risk

Summary

PrivatBank's six-month hryvnia deposit is a sensible compromise between the short three-month deposit and the longer one-year one: somewhat higher yield for a moderate lock-in period. Those planning to hold funds longer and wanting the maximum rate should consider the one-year option at 14% annually.