Which is more interest, Yue Bao or the bank?

Yue Bao. The interest rate is higher than that of the bank, such as the current account, which is the kind that can be deposited and withdrawn at any time. Yu'e Bao is about one point, nearly two or so floating. And the bank is probably like this, and the interest rate is relatively lower than that of Yue Bao.

There is no specific comparison between Yu'e Bao and banks, and it can only be said that Yu'e Bao, a wealth management product that calculates income on a daily basis, is similar to that of banks.

In terms of interest level, Yu'e Bao is much higher than the interest rate of the bank's demand deposit in the same period.

Even for the bank's fixed products, the deposit interest rate of most products is not as high as the interest rate of Yu'e Bao. However, bank deposits are very safe. Although Yu Bao is also safe, there are actually some theoretical risks.

Because, the essence of Yu'e Bao is currency**, so it also has the risk of currency**. However, in the short term, the risk of Yu'e Bao is still relatively low, although Yu'e Bao has not indicated capital protection, but the probability of principal loss is relatively small. Moreover, Yu'e Bao is mainly based on **, which also reduces its risk.

In fact, the product positioning of Yu'e Bao is similar to the bank's demand deposit.

Bank fixed deposits will be better in terms of security. Banks are protected by deposit insurance regulations, so that even if the bank fails, their money can be paid.

In addition, as a currency**, the rate of return is not fixed, and the 7-day annualized return basically fluctuates around the left. If 10,000 yuan is deposited in Yu'e Bao for one year, the expected interest income is roughly 250 yuan.

However, the annualized rate fluctuation of bank fixed deposits is relatively small, and the benchmark interest rate of the central bank for one year is the benchmark interest rate, which will be floated on the basis of the benchmark interest rate of each bank. If 10,000 yuan is deposited as a 1-year fixed term, the expected interest income is roughly 150 yuan based on the benchmark interest rate.

Further Information] Interest refers to the remuneration received by the owner of the fund for lending the funds, which comes from a part of the profits generated by the producer using the funds to perform the operating functions.

Interest is one of the manifestations of the time value of money, and in its form, it is the remuneration that the owner of the money receives from the borrower for issuing the money funds.

In the abstract, interest refers to the amount of value-added money brought about when money is injected into the real economic sector and repatriated. Interest is less abstract and generally refers to the remuneration paid by the borrower (debtor) to the lender (creditor) for the use of borrowed money or capital. Also known as sub-gold, the symmetry of the mother gold (principal).

The formula for calculating interest is: interest = principal interest rate deposit term (i.e. time).

According to the nature of the bank's business, it can be divided into two types: bank interest receivable and bank interest payable. Interest receivable refers to the remuneration that the bank receives from the borrower for lending funds to the borrower; It is the price that the borrower must pay to use the money; It is also a part of the bank's profits. Interest payable refers to the remuneration paid by the bank to the depositor for absorbing the deposit; It is the price that banks have to pay to absorb deposits, and it is also part of the bank's costs.

The interest of Yue Bao is paid on a daily basis, with compound interest, which can be withdrawn at any time without affecting the interest rate and is flexible. Once the bank's fixed deposit is withdrawn, it will be calculated according to the current interest rate. In contrast, the interest rate of Yu'e Bao is higher than that of banks.

At present, the seven-day annualized interest rate of Yu'e Bao is, the current interest rate of the bank is now, the three-month interest rate of the whole deposit is, the half-year interest rate is, the one-year interest rate is, the two-year interest rate is, and the three-year interest rate is Zheng Mao.

It can be seen that the interest rate of bank chess deposit is much lower than that of Yue Bao, while the three-year interest rate of fixed deposit is only higher than that of Yu Yu Bao.

Compared with Yu'e Bao and bank interest, Yu'e Bao's income dominates in short-term investment, and Yu'e Bao can be more convenient and flexible with access and withdrawal. If you invest for the long term, you can choose a bank deposit with a higher interest rate to get a higher return.

The interest rate of Yu'e Bao is much higher than the interest rate of bank demand deposits, and it is also higher than that of one-year fixed deposits. Moreover, it can be transferred out and consumed at any time, except that it cannot be withdrawn in cash, which is basically as flexible as the current account. However, it is not as high as the interest rate of the bank's fixed deposit of more than two years, and if you have spare money that you will not use in the short term, you can deposit it in the bank for a fixed term.

The money that will be used within a year or the money of daily consumption expenses can be put in Yue Bao.