According to reports, ICBC, Agricultural Bank of China, Bank of Communications, Bank of China, and China Merchants Bank all announced that the adjustment to the deposit quoted interest rate has officially come into effect. According to the latest RMB deposit listed interest rate tables of various banks,The current listed bank interest rate for three-year fixed deposits (whole deposits and withdrawals) is 1.95%, which is 25 basis points lower than before, entering the "1 era."
In addition, the 1-year time deposit interest rate is 1.45%, a decrease of 10 basis points; the 2-year time deposit interest rate is 1.65%, a decrease of 20 basis points; the 5-year time deposit interest rate is 2%, a decrease of 25 basis points.
It is understood that this is the third time this year that the listed deposit interest rate has been reduced. Taking the listed interest rate of three-year time deposits as an example, it has been reduced by a total of 65 basis points during the year. Based on this calculation, the interest on a 3-year time deposit of 100,000 yuan is 1,950 yuan less than a year ago.
As of December 21,Tianhong Yu'e Bao Monetary Fund has an annualized return of 1.928% in the past 7 days. In other words, the return of a three-year regular deposit in the bank is almost the same as that of a Yu'E Bao deposit.
The biggest advantage of Yu'e Bao is that it is almost equivalent to a current deposit and can be redeemed at any time, while the bank's 3-year term deposit can only be withdrawn after 3 years.
Of course, the bank's interest rate is fixed and users can clearly calculate future income data, while Yu'E Bao is constantly floating.
There is no need to worry about the safety of both. If you need to save money, where will you save it?