AMD 2 Million in a Savings Account: Rates, Conditions and Real Returns at Four Banks

Summary. A savings account is not a fixed-term deposit: funds remain accessible, while interest may depend on the daily balance or another condition. Under official terms checked on 6 November 2026, keeping AMD 2 million unchanged for a year produces roughly AMD 27,000–90,000 of interest after tax. The top result requires IDBank's QR condition every month.

Common calculation

We compare AMD accounts at Acba, Ameriabank, Evocabank and IDBank. Assumptions: AMD 2,000,000 unchanged for 12 months, rates unchanged, 10% tax withheld. Capitalization and possible fees are excluded.

Acba — 3%. At least AMD 200,000 on interest-bearing days; simplified net interest about AMD 54,000.
Ameriabank — 3%. Average minimum daily balance AMD 200,000; simplified net interest about AMD 54,000.
Evocabank — 4%. AMD 2 million is in the above-1m to 3m tier and the rate applies to the full balance; simplified net interest about AMD 72,000.
IDBank standard — 1.5%. At least AMD 50,000 daily; simplified net interest about AMD 27,000.
IDBank conditional — 5%. Monthly QR payments of at least AMD 50,000 via Idram&IDBank; simplified net interest about AMD 90,000.

* AMD 2,000,000 × nominal rate × 90%.

What is behind the numbers

Acba publishes 3% nominal and 3.08% APY. Interest applies only on days with at least AMD 200,000. A resident who does not maintain the AMD 20,000 average daily servicing threshold may pay AMD 300 monthly. Funds can be added, transferred and used.

Ameriabank has paid 3% nominal and 3.04% APY since 1 August 2026. Below the AMD 200,000 average daily threshold, the published rate is 0.1%. Interest is calculated daily and capitalized monthly. The account has no fixed term.

Evocabank publishes 4% nominal and 4.06% APY at AMD 2 million. The end-of-day balance selects the tier and the rate applies to the full amount. Below AMD 50,000 the rate is zero. Money moves through the customer's other Evocabank accounts, interest is paid quarterly, and the rate may change with at least 15 days' notice.

IDBank publishes 1.5% standard, with no interest below AMD 50,000. The 5% rate applies for a month when QR payments of at least AMD 50,000 are made through Idram&IDBank using a bank card, account or Rocket Line 0% as source. Missing a month makes a full-year 5% assumption wrong. Online opening and servicing are free; branch opening for a new customer is listed at AMD 2,000.

Inflation and purchasing power

The CBA reports 4.3% annual inflation for October 2026. This is backward-looking, not a forecast. Used only as a historical benchmark, simplified real changes after tax are about +0.2% at 5% nominal, −0.7% at 4%, −1.5% at 3% and −2.8% at 1.5%. A growing balance is not necessarily growing purchasing power.

Risks

Variable rates: rates may change after notice.
Threshold risk: falling below a minimum can reduce or erase daily interest.
Cost of conditions: do not spend extra merely to qualify; QR payments should already be budgeted.
Fees: opening, service, cash and transfer fees can reduce the result.
Guarantee: an individual's AMD-only deposits at one bank are guaranteed up to AMD 16 million under statutory rules, including covered account funds and interest.

What this means for the reader

If money may be needed at any time, a savings account can be a working reserve. Start with your minimum balance, monthly movements and already-planned QR spend. If the AMD 50,000 QR condition happens naturally, IDBank's conditional 5% leads this scenario. Without it, Evocabank's 4% is higher, while Acba and Ameriabank publish 3%. Access, fees and rate-change rules may matter more than one percentage point.

Next step

Recheck the official tariff on opening day, request a written summary and calculate using your actual minimum daily balance. Educational material, not personal investment or tax advice.

Published and checked: 6 November 2026
Category: Savings and bank offers
Tags: savings account, AMD, rates, Acba, Ameriabank, Evocabank, IDBank