Many users choose Yu’e Bao or Lingqiantong when using their personal spare money for investment and financial management. So when you have 20,000 yuan of spare money, how would you choose? Below I will give you a detailed introduction so that you can make a reasonable choice and get more benefits.

In fact, Yu'e Bao and Ling Qiantong are both monetary funds in essence, and the risks they face when investing are the same. At this time, you must consider who has the highest return. Here, Yu'ebao and Lingqiantong will choose different funds when buying for the first time. If the fund in Yu'ebao has high returns, then choose Yu'ebao, otherwise choose Lingqiantong.

The currency funds that you can choose from when buying Yu’e Bao for the first time include Invesco Great Wall Jingyi Currency A, Great Wall Currency A, Xingquan Tianlibao Currency, Huatai-Berry Currency A, and GF Money Bag Currency A. , Bank of Communications Cash Treasure A, etc. The funds that you can choose from when buying Ling Qian Tong for the first time include Jiaqian Cash Plus, China Universal Quan Bao, E Fund Easy Financial Management, and Southern Cash Link Class E.

Users must choose consecutive fund trading days when buying. At this time, the funds are transferred before 15:00 on the first fund trading day, confirmed on the second fund trading day, and then the income is obtained on the third day (can be a non-fund trading day). Therefore, if users want to get profits as quickly as possible, they must choose to transfer in at least 2 consecutive fund trading days.

Users’ money can also be used for consumption after buying Yu’ebao and Lingqiantong, such as using Alipay or WeChat scan code to pay, and can also be used to return credit cards. However, a certain handling fee may be charged when returning the credit card, and different platforms charge different standards.

The returns from Yu’e Bao and Ling Qiantong are not very high. If users want to get more returns from their spare money, they can choose other financial products on the platform. However, financial products with high returns are generally You will face greater risks, and many financial products have a certain closing period after investment.