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Claire's Guide to Banking.

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    • Claire [1971751]
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    Thread created on 06:40:59 - 10/03/18 (8 years ago)
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    Last replied 00:00:17 - 25/09/26 (1 month ago)

       Claire's Guide to Banking   

     

    Hello guys, When I started the game and was a newbie, the bank was one of the hardest things for me to understand (I am a bit dumb). And I have seen a lot of players in the Q&A forums asking about the Bank. So in this guide, I will give you some useful information about the bank. This guide is mostly for players who have maxed their bank. If you are still building up your bank I recommend this guide Bank Investment -Different for Noobs by ScottyHawk



    Disclaimer:-All the calculations are approximate as Bank interest rates change.

    INDEX
    • Interest rates and time periods
    • Bank limit
    • Maximizing your profit
    • Credits
    INTEREST RATES AND TIME PERIODS

    So, for a player with no merits invested in Bank interest, these are the interest rates:-

    1 week - 0.37%

    2 week - 0.85%

    1 month - 1.85%

    2 month - 4.07%

    3 month - 5.92%



     

    Disclaimer:-It is worth noting that Bank interest rates fluctuate a bit. As more players invest in the bank the lesser amount of profit you will get and vice versa.

     

     

      Merit             One w                           Two w                    One m                           Two m                           Three m
    10.47%1.08%2.35%5.17%7.52%
    20.57%1.31%2.85%6.27%9.12%
    30.67%1.54%3.35%7.37%10.72%
    40.77%1.77%3.85%8.47%12.32%
    50.87%2.00%4.35%9.57%13.92%
    60.97%2.23%4.85%10.67%15.52%
    71.07%2.46%5.35%11.77%17.12%
    81.17%2.69%5.85%12.87%18.72%
    91.27%2.92%6.35%13.97%20.32%
    101.37%3.15%6.85%15.07%21.92%




    From the table above we can see that with 55 merits invested you get quite a significant boost in the bank interest. Some options are better than others as we can see the merit upgrades increase our bank interest at a uniform rate, for determining which is the best time period to invest in we can apply this to a set amount and compare this rate.

    The below table shows how much each merit invested will give upon investment. So for example: One merit invested in Bank interest rate it will give you 0.37% the base rate for a weekly investment  + 0.10%. The interest gained is a constant and it will be added on each merit investment.

    1 week - 0.10%

    2 week - 0.23%

    1 month - 0.50%

    2 month - 1.10%

    3 month - 1.60%

    Now, Let's apply this to a set amount of 2,000,000,000 for seeing which Time period has the maximum profit(We will calculating with a maxed bank interest).

    1 week - 2,000,000,000 with 1.37% =  $27,400,000

    2 week - 2,000,000,000 with 3.15% = $63,000,000 where doing 1 week twice will give us only $54,800,000, Thus with a profit of 8,200,000 2 week is in the lead.

    1 month - 2,000,000,000 with 6.85% = $136,999,999 where doing 1 week 4 times will  give us only $109,600,000 and doing 2 weeks twice will give us only $126,000,000, So 1 month is in the lead

    2 month - 2,000,000,000 with 15.07% = $301,400,000 where doing 1 week 8 times will give us only $219,200,000 and doing 2 weeks 4 times will give us only $252,000,000 and doing 1 month twice will give us only $273,999,998, and Hence 2 months is in the lead.

    3 month - 2,000,000,000 with 21.92% = $438,400,000 where doing 1 week 12 times will give us only $328,800,000 and doing 2 weeks 6 times will give us only $378,000,000 and doing 1 month 3 times will give us only $410,999,997 and doing 2 months 1.5 times will give us $452,100,000, So we have a clear winner here: 2 month.

    So, If you want to maximize your profit, 2 month time period is obviously the best. However, this option gives us limited flexibility so if want to have liquid cash in your hand at all times this option may not be the best for you.


    BANK LIMIT

    Bank limit for a normal player- 2,000,000,000

    Ways to increase Bank limit:
    • Join a 10* Oil Rig for 50% investment banking limit
    Bank limit for 10*Oil Rig employee - 3,000,000,000

    Fat Cat is a passive job special perk available to those who work in a 10* Oil Rig which is very useful to have in the game.


     
    MAXIMIZING YOUR PROFIT

    So, now that we have learned about the two components of investing in the bank I will explain to you how to maximize your profit.
    • The first step to maximizing your profit is investing your merits in Bank interest. It will cost you 55 points for maxing this. For easy merits, I recommend Tempest's guide

    Last edited by Claire on 04:41:17 - 25/08/18 (8 years ago)

     

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    • Alexis [29052]
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    Posted on 06:57:36 - 10/03/18 (8 years ago)
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    I will just add that the TCB benefit can be sold at any time. It is not a sunk cost, so you don't really need to be playing for 5-7 years to make it useful.

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    • Claire [1971751]
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    Posted on 07:02:29 - 10/03/18 (8 years ago)
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    Alexis [29052]

    I will just add that the TCB benefit can be sold at any time. It is not a sunk cost, so you don't really need to be playing for 5-7 years to make it useful.
    Edited. Thanks.
    Last edited by Claire on 07:06:03 - 10/03/18 (8 years ago)

     

  • IBB
    • manyakimm [2101947]
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    Posted on 07:35:41 - 10/03/18 (8 years ago)
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    The other day i was talking with my friends about how much one can gain from banking. But without actual numbers all that was a little bit vague. Now we can discuss it with more certainty.

    Thanks for the guide.

    Torn's Best Shop

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    • notredamefire [2059684]
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    Posted on 10:02:46 - 10/03/18 (8 years ago)
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    hmm i am a very active player, so i don't think the bank would be a viable option for me to gain money.

    but still, you have made a good guide. R+

    What would I do without you?

  • |X|
    • Kamatez [1770001]
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    Posted on 12:32:09 - 10/03/18 (8 years ago)
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    R+ Very useful guide
  • DiS
    • UNCCH [2004267]
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    Posted on 15:55:46 - 10/03/18 (8 years ago)
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    notredamefire [2059684]

    hmm i am a very active player, so i don't think the bank would be a viable option for me to gain money. but still, you have made a good guide. R+
    I am a very active player and most of my income comes from the bank
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    • notredamefire [2059684]
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    Posted on 21:16:03 - 10/03/18 (8 years ago)
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    notredamefire [2059684]

    hmm i am a very active player, so i don't think the bank would be a viable option for me to gain money. but still, you have made a good guide. R+

    UNCCH [2004267]

    I am a very active player and most of my income comes from the bank
    i took the high roller route, hoping to get lucky in the casino :)

    What would I do without you?

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    • Claire [1971751]
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    Posted on 03:17:30 - 11/03/18 (8 years ago)
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    notredamefire [2059684]

    hmm i am a very active player, so i don't think the bank would be a viable option for me to gain money. but still, you have made a good guide. R+

    UNCCH [2004267]

    I am a very active player and most of my income comes from the bank

    notredamefire [2059684]

    i took the high roller route, hoping to get lucky in the casino :)
    That never works out well! [:laughing:]

     

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    • notredamefire [2059684]
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    Posted on 05:02:59 - 11/03/18 (8 years ago)
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    notredamefire [2059684]

    hmm i am a very active player, so i don't think the bank would be a viable option for me to gain money. but still, you have made a good guide. R+

    UNCCH [2004267]

    I am a very active player and most of my income comes from the bank

    notredamefire [2059684]

    i took the high roller route, hoping to get lucky in the casino :)

    Claire [1971751]

    That never works out well! [:laughing:]
    ahh lazy folks like me :P

    What would I do without you?

    • Mafia [610357]
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    Posted on 14:00:44 - 11/03/18 (8 years ago)
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    nice guide



    and you're welcome :)

    Last edited by Mafia on 14:04:05 - 11/03/18 (8 years ago)

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    • Claire [1971751]
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    Posted on 16:15:24 - 12/03/18 (8 years ago)
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    Bump!!!

     

  • FLUX
    • bLiNd [2010548]
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    Posted on 06:32:38 - 13/03/18 (8 years ago)
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    R+ good set of numbers.

    bLiNd As A bAt

    HuNg LiKe A cAt  angel.svg

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    • Claire [1971751]
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    Posted on 07:38:47 - 14/03/18 (8 years ago)
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    to the top, you go!

     

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    • Claire [1971751]
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    Posted on 15:23:19 - 15/03/18 (8 years ago)
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    shameless self-bumping!

     

    • Xanet [2007324]
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    Posted on 22:54:06 - 15/03/18 (8 years ago)
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    I didn't actually read the entirety of this, but seems like a solid guide. R+
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    • Claire [1971751]
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    Posted on 16:09:40 - 20/03/18 (8 years ago)
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    Bump!

     

  • NoK
    • Hawk [2080065]
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    Posted on 16:38:44 - 21/03/18 (8 years ago)
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    Nice guide. Trying to follow your guide with my own merits and investment to compare... and have a question...

    How long is your money invested if you choose "1 month"???

    Is it 4 weeks or actually 1 "month" (4.3333 weeks)?

    +the same with 2 months, 3 months...?

    14780629-879e-4736-8626-50a22bcdb1fe-2080065.gif

     

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    • Claire [1971751]
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    Posted on 02:59:04 - 22/03/18 (8 years ago)
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    Hawk [2080065]

    Nice guide. Trying to follow your guide with my own merits and investment to compare... and have a question... How long is your money invested if you choose "1 month"??? Is it 4 weeks or actually 1 "month" (4.3333 weeks)? +the same with 2 months, 3 months...?
    31 days. It's the same with 2 months.

     

    • Mafia [610357]
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    Posted on 05:26:29 - 22/03/18 (8 years ago)
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    BIR dropped again 2days ago



    from 19.xx% to 17.xx%



    any who that invested 3b for 2 months loses 9m-10m

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