Which is higher, bank term or yu'ebao rate
4hw.org: Nowadays, many people like to deposit their small money in yu'ebao at any time and use it to get it at any time. Some people think that the interest rate of bank fixed deposit will be higher. Let's compare the interest rate between bank fixed deposit and yu'ebao. This article is compiled by sihai.com. For reprint, please indicate the original link: http://www.4hw.com.cn/life/
I. Yu EBAO
Yu'ebao deposit is essentially a monetary fund, and its income is about 3.6%. In addition to the nature of financial products, it has many functions, such as payment function and shopping function. Compared to the bank's time deposits, the balance of treasure deposits is not only higher income, capital flows are completely unrestricted, users can always transfer funds from the balance of treasure to Alipay for consumption or cash withdrawals. Compared with the bank fixed deposit, yu'ebao deposit is equivalent to taking fixed interest from current deposit.
But the risk of yu'ebao deposit is greater than that of bank fixed deposit, because it relies on the Internet, and it is likely to be attacked by hackers or stolen by lawbreakers.
II. Bank fixed deposit
Bank fixed deposit is one of the most common ways of financial management, and it is also one of the safer ways of financial management. But the bank's fixed-term deposit yield is low, even can't catch up with the speed of inflation. At present, the annual interest rate of demand deposit is 0.35% (the bank can float up 30% at most), and the income is extremely low. The advantage is that the deposit can be taken with the deposit, and the fund will not be frozen. The interest rate of one-year fixed deposit is 1.5%, but it still can't catch up with the inflation. Moreover, the funds are frozen during the fixed deposit period, and only the interest of current deposit can be calculated when withdrawing in advance. This article is edited and collated by sihai.com.cn. Please indicate the original link of the Reprint: http://www.4hw.com.cn/life/
If you choose bank fixed deposit, you should treat the bank as a safe, and the purpose of financial management can be ignored. Fixed deposit depositors can choose to buy bank financial products with higher returns, but the capital threshold is 50000 yuan.