Everyone was wondering if Italian post in a period like the one we are experiencing with soaring inflation would launch a new one postal interest-bearing voucher. The answer is yes, the coupon debuted today “Renew” which offers an attractive return as you can reinvest your savings for up to 6 years.
Those looking for a safe investment tool continue to choose and believe in postal savings bonds. The reason? They are guaranteed by the Italian State, have no subscription and redemption costs and enjoy a subsidized taxation on interest.
The bfp Rinnova can also be subscribed online if you do not want to go to the post office. However, it is necessary to have a Smart booklet enabled for online device services or a BancoPosta account, always enabled for online services.
But how much it makes Can the new Poste Italiane voucher be subscribed by everyone?
The novelty of Poste Italiane
Just today the dedicated “Rinnova” interest-bearing postal voucher made its debut to those who have refunded an expired bfp. This security has a maximum duration of 6 years and recognizes a fixed return at the end of the third year from the date of subscription and to maturity. THE
The new bfp, in more detail, can only be subscribed by those who “in their capacity as holders or joint holders, they reimburse one or more paper or dematerialized postal savings certificates that have expired (not prescribed), provided that they are reimbursed starting from 20 September 2022 and within the period of placement of the Renewal Voucher whose final term will be announced by means of a specific notice published in the Official Gazette“.
On the other hand, this voucher cannot be subscribed for the expiry of the bfp dedicated to minors and those 4 Years Simple Savings.
But what are the other features of the new bfp launched by Poste Italiane?
To reinvest your capital in the medium term, one solution is the “Rinnova” interest-bearing postal voucher. It offers a gross annual return of 1% after 3 years and of 2.25% after 6 years. You can request a refund when you want, as long as it is within the limitation period, but the interest will accrue only after the completion of the three-year period. Before the three years, in fact, you will be entitled only to the recognition of the invested capital.
Like the other postal savings bonds, the Rinnova can be subscribed for denominations of 50 euros and multiples. The maximum amount, which can be subscribed by the same person on the same day, at post offices or online, is instead equal to 1000000 euros.
Those who subscribe to a paper one must pay attention to the prescription that will exist at the end of ten years from the expiry of the title. If this condition occurs, it will no longer be possible to receive neither the capital invested nor the interest. With inflation skyrocketing, leaving your money parked in your checking account is not a good idea. Those who want to earn a small amount, therefore, can invest in this tool. Even if you won’t be able to buy a car, at least you can be sure your money won’t lose value.