Rating of Russian banks by the cost of cash withdrawal for individual entrepreneurs

My requirements for the bank:

• Online opening without a visit to the bank (an important condition during quarantine)
• Cheap prices for opening and maintaining an account (preferably everything is free)
• Low fees for cash withdrawals and withdrawals to a personal card
• Modern online banking with Safari support for Mac, without flash drives and Explorer
• Mobile application for iOS
• SMS notifications about transactions (receipt of money, making payments)

Out of more than 50 banks that I studied, I chose 12 banks with the most profitable and interesting offers. Below I offer you my subjective rating of banks where it is more profitable to open a current account for an entrepreneur (you can also see all the data in the Google Docs table , which I constantly update):

Bank Home Credit / Benefit

Benefit

The debit card Benefit on the Home Credit Bank website is indicated with the “Banki.ru recommends” sign. Let's consider why she could receive such a sign.

Terms of Service

In the first 2 months of using plastic, the bank does not charge a service fee. From the 3rd month this service costs 99 ₽, but it can be 0 ₽ if the client fulfills one of the conditions:

• daily balance – at least 10,000 ₽;
• expenses – from 5,000 ₽ per billing period.

Cash can be withdrawn free of charge from any ATM (monthly up to 20,000 ₽). A commission for transfers up to 20,000 ₽ per month is charged, but returned to the account in the form of cashback.

Interest on balance:

• 6% on the balance up to 300,000 ₽ when paying for the billing period in the amount of 5,000 ₽;
• 3% on the balance of 300,000 ₽ when paying per month in the amount of 5,000 ₽;
• 0% in other cases.

bonus program

The client can be connected to the bonus program upon concluding an agreement to open an account. For making purchases and paying for them with a card, he receives bonus points:

1. Basic ones are charged for payment for goods and services in all categories, except for “Gas Stations”, “Pharmacies” and “Cafes and Restaurants” - 1%.
2. For payments at “Gas Stations”, “Pharmacies” and “Cafes and Restaurants” – 3%.
3. Promotional discounts – for purchases in partner stores.

Spending points is possible if your bonus account accumulates 500 or more points. In his personal account, the client can select an expense transaction that was paid for using a Polla bank plastic card and reimburse the amount spent using accumulated points. Points are valid for 1 year.

Final comparison of current account tariffs

I also studied proposals for opening an account for individual entrepreneurs in other large banks: Russian Standard, VTB, Absolute and others. The conditions turned out to be not the most favorable for a novice entrepreneur.

The table will help you compare the conditions of current accounts in different banks:

To choose a bank that will be profitable for individual entrepreneurs, you need to take into account a large number of conditions. Pay attention to the cost of opening, servicing and payments, commissions for replenishing and withdrawing funds from the account, services that the bank offers to businesses, and other parameters. It is desirable that maintaining an account would be inexpensive, the Internet bank would work on any platform, and it would be possible to issue cash settlements without visiting the bank.

The most attractive conditions for starting individual entrepreneurs are offered by Tochka Bank .
At the “Zero” tariff, opening, servicing and payment orders are free. The bank will also help you register an individual entrepreneur for free and open an account within a day with a specialist visiting your home or office. The point offers small businesses all the services they need - from acquiring to accounting.

The most popular banks for entrepreneurs

After conducting a survey among entrepreneurs I know, reading reviews and checking my feelings, I came to the conclusion that the TOP 5 banks for individual entrepreneurs look like this:

• "Sberbank"
• "Alfa Bank"
• Tinkoff Bank
• "Modulbank"
• "Dot".

All of these banks have special tariffs for start-up entrepreneurs with small turnover, Internet banking and a mobile application, their own online accounting and integration with Kontur.Elba.

From this list, I crossed out “Tochka” for myself - this is a project of Otkritie Bank, with which I also worked for some time, and rarely left the branch without a nervous tic. I haven’t dealt with Tochka herself, but because of her parent’s bad reputation, I don’t want to get involved with her. Despite the fact that she now has good service conditions.

Modulbank is the smallest of these five and satisfies criterion No. 3 the worst of all. Well, I’ve never worked with him, I can’t share my experience. Therefore, he was not included in my short list either.

My top three are Sberbank, Alfa-Bank and Tinkoff - not necessarily in this order.
I have accounts in all three.

List of banks deprived of their license in 2020

By the end of 2020, about 30 banks may fail, several of them are in the top 100.

How to open an account for an individual entrepreneur

Banks make the procedure for opening an account as simple as possible. Individual entrepreneurs must submit an application, prepare original documents and fill out an application. Many banks do everything remotely and you don’t even need to go to a branch. An employee will come to you, bring an application, an agreement, and a corporate card linked to the account. All you have to do is show him the documents, sign and that’s it.

In order to open an individual entrepreneur account you must:

1. Go to the bank's website and leave a request
2. Come to the branch or wait for the bank’s visiting specialist
3. Sign the necessary documents for opening

Documents for opening an account

As a rule, banks require two main documents:

1. Certificate of registration as an individual entrepreneur
2. Passport

But there are always some nuances. We recommend that before visiting the bank, be sure to clarify which documents to take with you. It is possible that the bank will additionally request an extract from another current account, a license, if any, and other documents. So ask about everything in advance.

The best banks for salary clients

Almost any enterprise, from individual entrepreneurs or small businesses to large corporations, has a service agreement with one of the banks and issues salary cards to its employees. This has become a mandatory norm for the public sector. When compiling a rating for salary projects at the bank, indicators such as the cost of service, the convenience of cooperation through remote channels, and most importantly, the number of ATMs throughout the country were compared.

TOP 5 banking institutions for salary projects:

Tochka bank mobile application

The mobile application of Tochka Bank allows you to use your personal bank account on the screen of your smartphone. The application is free and available for download for iOS and Android operating systems.

You can download and install the mobile application in your phone's application store (Google Play or App Store).

Why an individual entrepreneur current account?

Very often you can hear that since the law allows individual entrepreneurs to work without a current account, then there is no need to open one. In reality this is not the case. Yes, the law does not require opening an individual entrepreneur account, but despite this, most businessmen come to the understanding that working with a current account is easier, more convenient and more reliable. Why? It's simple. Without a current account, individual entrepreneurs face a number of problems. Let's take a closer look at the main ones.

Limit the amount of cash payments. You can accept non-cash payments for goods and services into your current account without any amount restrictions. But if you work without an account, then the law introduces a limit on cash acceptance - 100 thousand rubles. It turns out that if you want to conclude an agreement in the amount of 110 tr, then this is prohibited. It needs to be divided into two, in one indicate the amount of 100 tr., in the other 10 tr. Many counterparties do not like this, and they will simply choose an individual entrepreneur who has no problems accepting non-cash payments. This reason alone is enough to open an account for an individual entrepreneur immediately after registration.

Payments from bank cards cannot be accepted . To organize the acceptance of payments from cards, you need to conclude an acquiring agreement with the bank, and this is only possible if you have a current account.

The need for collection and creation of conditions for storing cash. These are additional problems, costs and risks. It is much easier to work by bank transfer.

Therefore, many people prefer to open a current account for individual entrepreneurs immediately after registering their activities, although this can be done at any time.

Note! It is not advisable to use a personal account to conduct business; this may cause increased tax interest and additional problems for both you and your partners

Alfa-Bank / Alfa-Card

Alpha Map

Alfa-Bank offers 3 types of this product. In my opinion, the Alpha Card with benefits is worthy of attention. We will consider it in our review.

Terms of Service

The monthly service fee is 100 ₽. The free service will be provided that one of the following conditions is met:

• expense transactions up to 10,000 ₽ per billing period;
• minimum balance from 30,000 ₽.

The account balance is credited with either 1% for spending over 10,000 rubles, or 6% for monthly purchases over 70,000 rubles. You can open an Alpha Account, which allows you to save money at 5.5% per annum.

You can withdraw cash without commission without restrictions, including abroad, at partner ATMs. At other ATMs - subject to spending 10,000 rubles or more. or a balance of at least 30,000 ₽ for the billing period. Otherwise, the commission will be 1.5% (minimum 200 ₽). Transfers to cards of other banks cost 1.95% (minimum 30 ₽), by phone number or details - free.

bonus program

Cashback is returned in the amount of 1.5% if the purchase amount was at least 10,000 rubles, and 2% if more than 70,000 rubles per month. The maximum number of points that can be awarded is 15,000.

After receiving points, the client selects expense transactions for which he wants to receive a refund from the accumulated bonuses. The bank makes the payment within 3 days.

06.05.2018

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