I have a friend who deposited 200,000 in a certain bank and gave him an interest rate of 5%. In the end, all the money in the account disappeared.

As a bank employee, I would like to give you some reassurance when it comes to deposits. As long as you find the right bank and use the right method, the annual interest rate of 4.8% is absolutely reliable.

Large-denomination certificates of deposit are a deposit product issued in limited quantities by banks. Ordinary time deposits can rise by up to 40%, while large-denomination certificates of deposit can rise to about 50%.

The interest rates for large-denomination certificates of deposit of Agricultural Bank of China in 2019 are:

1. The interest rate is 1.65% for a minimum deposit of three months.

2. Starting from six months of deposit, the interest rate is 1.95%.

3. The one-year deposit interest rate is 2.25%.

4. The two-year deposit interest rate is 3.15%.

5. The three-year deposit interest rate is 4%.

In 2021, the three-year regular interest rates offered by large certificate of deposit banks are basically around 3.85%, so the interest rates are lower than in 2019.

Everyone knows that banks make money by lending money to customers, and the principal of the loan is the deposits of our customers.

In 2020, the central bank stipulates that the loan interest rate for more than five years will be 4.9%, and banks will definitely adjust it on this basis.

Basic bank loans can reach about 5%, and the interest rate on large certificates of deposit is 4.8%, which is not much different from the interest rates on loans.

Generally, a small number of banks can offer an interest rate of 4.8% on large certificates of deposit at the end of the year, and some of them basically offer around 3% to 4%.

Because banks have various assessments at the end of the year, customer deposits are one of the assessment indicators. When faced with assessments, banks will find ways to attract a group of customer deposits to solve their own deposit-absorbing pressure. Generally, at this time in China, All banks will come up with such a way, competition is very fierce, including raising interest rates to attract a large number of customers.

According to the current situation, the interest rate for bank certificates of deposit can reach 4.8%, which is quite rare, like a rare thing.

The annual interest rate for bank certificates of deposit increases by 55%, which is about 4.25%. The interest rate for large certificates of deposit reaches 4.8%. On this basis, it rises to about 75%. The scale of this interest rate increase is indeed a bit too large. , so you need to further confirm whether you are depositing a large-denomination certificate of deposit or a bank's financial product. Generally, bank financial products can reach 4.8%, but the interest rate of large-denomination certificate of deposit rarely reaches 4.8% in normal times.

If it is at the end of the year and the bank assessment time is before the year, there is still a possibility.

So you need to confirm whether the certificate of deposit you deposit is a large-denomination certificate issued by the bank. If so, it must be quite reliable.

When it comes to small and medium-sized banks, the interest rates of private banks can be said to be quite high. The interest rate for large certificates of deposit can reach about 5% for five years, and the interest rate for three years can reach about 4.85%.

To a bank, deposits are like a fish inseparable from water. There are many domestic banks, such as well-known banks, so you don’t have to worry about deposits at all. With your own reputation, you can do a little bit of activities and you will have a lot of money. A large number of customers come to deposit money, and there are many branches.

But take private banks as an example. Many people don’t know about this bank. Private banks were born in 2014 and have very few branches in the country. They basically handle business deposits and so on through the mobile phone Min Bank APP. , which saves a lot of costs.

Generally, banks like this have very low reputation, few branches, and limited service scope. It is difficult to attract deposits. Each bank has assessments, so the competition is very fierce. If you are offered a bank like a big bank With the same deposit interest rate, the chance of raising a deposit is even slimmer.

It can only raise the interest rate. Compared with the big banks, its interest rate is much higher. In this way, it can attract a group of deposit customers who pursue high interest rates.

So if your 500,000 is to buy a large certificate of deposit from a small bank, the interest rate will definitely be 4.8%.

As mentioned above, a friend of mine deposited 200,000 in the bank and was given an interest rate of 5%, but in the end the money disappeared from the account.

This friend of mine is also depositing money for the first time, and he is somewhat lacking in knowledge in this area. He decides on one thing: Which bank offers the highest interest rate on deposits, which one will he go to?

The staff at the bank are eloquent and clear-minded, and can easily get you in. To be honest, even if a large-denomination certificate of deposit of 200,000 is fixed for three years, the highest it can only give you is about 3.65%. interest rate.

When this friend of mine heard about the 5% interest rate, he directly deposited the money into it without asking or thinking too much. In fact, what he saved was not a deposit, but a bank financing.

So in the end, there were only a few thousand yuan left out of the 200,000 yuan.

So here I would like to remind all my friends: When making a deposit, you must be clear about it. You cannot just look at the higher interest rate, but you must also ask clearly, is it financial management or deposit? Our money is hard-earned. Financial management is risky, so we need to be cautious. Deposits are the king of insurance.

If it is confirmed to be a certificate of deposit, it is definitely safe.

When depositing money in a bank, there is a deposit insurance policy.

This means that once the bank unexpectedly goes bankrupt, as long as your deposit is within 500,000, or does not exceed 500,000, your principal and interest generated during the actual deposit time will be a penny. The refund is with you.

Therefore, when friends choose small and medium-sized banks with high interest rates, it is best to deposit no more than 500,000.

There is a certain truth to why eggs cannot be put in one basket.

With a large-denomination certificate of deposit starting from 500,000, you can reach an interest rate of 4.8%. This income is relatively high. As long as it is a real large-denomination certificate of deposit, it is absolutely reliable.

At present, banks are facing various assessments at the end of the year. All major banks are trying to find ways to absorb deposits. This year, large-denomination certificates of deposit are the tools launched by major banks to attract deposits. As the end of the year approaches, the interest rates on large-denomination certificates of deposit of major banks have also increased. Keep rising. However, there are still relatively few banks that can actually reach an interest rate of 4.8% on large-denomination certificates of deposit. Most banks' three-year large-denomination certificates of deposit can only increase by 55% at most. The actual interest rate is about 4.2625%, and some banks can increase the interest rate to 4.2625%. About 4.5%.

The bank you mentioned can achieve an interest rate of 4.8% for large-denomination certificates of deposit, which is equivalent to an increase of 74.5% based on the base interest rate. The range of this interest rate increase is quite high. So you need to further confirm whether it is really a large certificate of deposit.

Because according to the conditions for issuing large-denomination certificates of deposit, banks that issue large-denomination certificates of deposit must be members of the Banking Industry’s Self-Discipline Convention on Interest Rates. Banks that are members of the Self-Discipline Convention must abide by the interest rate self-discipline convention when issuing large-denomination certificates of deposit. Therefore, the interest rate rises. The range will certainly not be too large. At present, the maximum increase for most banks is about 55%. There are a few banks that can increase the amount by about 65%, but few can reach more than 70%.

Of course, it cannot be ruled out that some small banks are more flexible in setting their own prices, so large certificates of deposit can rise to a higher range. In any case, if you confirm that what you are talking about is indeed a large certificate of deposit, then I think it is reliable.

First of all, large-denomination certificates of deposit are general deposits. The amount within 500,000 is protected by deposit insurance regulations and can be 100% unconditionally withdrawn, so it is very safe;

Secondly, the deposit interest rate is 4.8%. , currently not the highest in the market, but it is still at a relatively high level. This income is similar to the income of current bank financial products. For general deposits, the income is still quite good;

Finally, the liquidity of large-denomination certificates of deposit is relatively good. Currently, large-denomination certificates of deposit generally support multiple early withdrawals, and early withdrawals are linked to interest calculation, so the liquidity is relatively good.

But if the deposit you are referring to is just an ordinary deposit, not a large-denomination certificate of deposit, the liquidity is relatively poor. Currently, early withdrawal of ordinary bank deposits can only be calculated based on the current interest rate on the day of withdrawal, so Very uneconomical.

But if you don’t have strong liquidity requirements, even if it’s just an ordinary deposit, it’s worth saving.

In short, you must first confirm that this is a large-denomination certificate of deposit. If it is a large-denomination certificate of deposit, I think it is absolutely reliable for deposits within 500,000 yuan with an interest rate of 4.8%.

A bank’s large-denomination certificate of deposit starts from 500,000, with an annual interest rate of 4.8%. Currently, at least big banks don’t have such high deposit interest rates. Generally, the three-year interest rate is 3.85%. Now bank deposit interest rates have dropped. They just dropped recently. The original large deposit interest rates were around 4.3%, but now they are not. Well, at least big banks don’t have such high deposit interest rates now. If there is such a high deposit interest rate, one possibility is that small banks or credit unions are raising deposit interest rates in order to attract deposits. Another possibility is that some small banks have not completed their deposit tasks by the end of the month and are raising deposits to complete their deposit tasks. This kind of deposit interest rate is very high. Under normal circumstances, large and medium-sized banks currently do not have such a high deposit handling rate.

Another possibility is that banks sell certain insurance products or other financial products. These financial products are definitely not bank deposits. The most frightening thing is that some bank presidents, in order to help companies raise funds, took advantageous fees from the companies and then lent money to the companies in a trick. This situation also occurs in our country's banking industry. Nowadays, there are a few bank presidents who will do anything to make money for themselves. For depositors, they cannot blindly pursue high deposit interest. The purpose of depositing is for safety. Only deposit when it is safe. If you want high returns, you can invest and choose other investment channels. The property of family deposits is for safety, and it is the most reliable family property to prevent other accidents.

Therefore, when you go to the bank to make a deposit, you must ask clearly. The deposit is a legal deposit of the bank and must have a bank deposit certificate. As far as I know, the current annual interest rate for large bank deposits is 4.8%, which is not available in large and medium-sized banks.

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Reliable, the current maximum deposit limit of the four major banks is only about 4%, so your so-called major bank can reach 4.80%, which is really good.

If it is a so-called deposit business, then as long as a certain range of funds is guaranteed, there is no so-called risk concern.

According to national regulations, banks are now allowed to go bankrupt and fail, but at the same time, a "Deposit Insurance Treaty" protection measure has been added. In other words, funds within 500,000 are 100% compensation. And if it is higher than 500,000, it faces certain risks.

Therefore, if you want a large deposit, you must either choose a big bank that has a high probability of not going bankrupt, or control your funds within 500,000 to achieve 100% safety.

On the other hand, there are many very competitive private bank deposits in the current market. Their deposit interest rates are basically higher than about 5.4%, and there are also deposits with On-the-go benefits.

Depending on the time of your deposit, the income given is also different. If you have more than 3 years, it will basically meet the income of more than 5.4%. And for these private banks, they also provide 100% compensation within 500,000.

Therefore, if your funds do not reach 500,000 and you cannot enjoy the large deposit standards of big banks, you can actually consider private banks. Because the interest rate is higher, the flexibility is greater.

Follow Zhang Daxian and don’t get lost in investing. There is useful information in my column, welcome to "taste" it.

I have worked in banks for many years and know something about it.

The annual interest rate of 4.8%, I wonder what the questioner means by being reliable? If it refers to safety, as long as it is officially issued by a bank, there will be no problem and you can buy it with confidence. If it refers to income, then I think it is somewhat reliable, neither too low nor too high.

In fact, it is almost the end of the year these days. It is the day of the bank performance test. Combined with this year's capital market, if it were me, I would really be a little dissatisfied with the 4.8.

By the way, I would like to share some relevant knowledge with you:

1. The People's Bank of China formulated and issued the "Interim Measures for the Management of Large-Deposit Certificates" on June 2, 2015 to regulate With the development of large-denomination certificate of deposit business, the scope of market-based pricing of liability products has been broadened, and the market-based reform of interest rates has been advanced in an orderly manner.

2. Before issuing large-denomination certificates of deposit, they must be filed with the People's Bank of China to ensure safety and controllability. For the standard term, the individual subscription amount is not less than 300,000 yuan, and the institutional subscription amount is not less than 10 million yuan. There are 9 varieties of terms: 1 month, 3 months, 6 months, 9 months, 1 year, 18 months, 2 years, 3 years and 5 years. If the question you mentioned is 4.8, then the deadline should not be very long.

3. If you have a large certificate of deposit in your hand, if you run out of money, you can go to the bank for a pledge loan.

4. Although it is called a large-denomination certificate of deposit, you actually do not have a certificate of deposit in your hand because they are all in electronic form. Of course, you can check it through electronic channels at any time.

5. Due to the decline in the income of various financial products this year, funds in the market are relatively tight, and many banks have used large-denomination certificates of deposit to attract deposits. If you don’t believe me, go check out various bank branches. Many banks have placed promotional posters of large-denomination certificates of deposit in eye-catching locations in their business halls. Some small banks have raised the interest rates on individual large-denomination certificates of deposit, up to 55% higher than the central bank’s benchmark interest rate. The benefits are still objective.

6. Let’s talk about it a little more. When it comes to financial management, I personally think you can allocate certain large-denomination certificates of deposit. But I don’t recommend that the proportion is too high. After all, the depreciation rate of funds is still fast.

Generally speaking, the deposit minimum for large-denomination certificates of deposit in banks is 200,000 yuan, not 500,000 yuan. The minimum deposit of 500,000 yuan here may be because on the basis of 200,000 yuan, it is also based on Different deposit amounts are divided into several different levels, and different large deposit interest rates are given. For example, a large deposit certificate interest rate is given between 200,000 and 500,000 yuan, and a deposit interest rate is given for more than 500,000 yuan, so the above "Minimum deposit of 500,000 yuan" most likely refers to this. Is it reliable?

The interest rate of large certificate of deposit itself is relatively high, and the bank can give a deposit interest rate of 4.8%, and it requires a minimum deposit of more than 500,000 yuan, so judging from this information, it is still very reliable. Spectrum, you can deposit it with confidence.

As long as it is a bank deposit, it is protected by the "Deposit Insurance Regulations". The principal and interest of more than 500,000 yuan will be fully protected. The maximum compensation for more than 500,000 yuan is only 500,000 yuan. In the domestic banking industry, small banks such as private banks and local banks have poor ability to resist risks and are more likely to fail.

Although the six major banks in China, including the Industrial and Commercial Bank of China, are also at risk of bankruptcy, these major banks are in the leading position in the banking industry, and their stability affects the stability of the economy. If they collapse, , then the consequences would be disastrous, so the six major state-owned banks are relatively safe and stable, and there is the possibility and risk of bankruptcy, but the state will not allow it to fail as a last resort. Summary

To sum up, if this bank is one of the six major state-owned banks, or other powerful national joint-stock banks, you can deposit it here with confidence. If it is a local bank or private It is not recommended to deposit in a small bank such as a bank, because if it goes bankrupt, only 500,000 yuan of the initial deposit principal of more than 500,000 yuan can be recovered. 4.8%, is it considered a high interest rate?

4.8% if for major state-owned banks (China Agricultural and Industrial Development Bank + Postal Savings Bank), 12 national joint-stock commercial banks and some regional banks (such as Bank of Beijing, Bank of Shanghai, Bank of Jiangsu, Bank of Ningbo, etc.) Generally speaking, the interest rate is high, because the highest interest rate for large-denomination certificates of deposit in these banks is no more than 4.18% no matter which starting point. If an employee of the above-mentioned bank tells you that the five-year large-denomination certificate of deposit is 4.6%, Feidian, The probability of deposit fraud or turning deposits into insurance or financial management is higher. This is because the above-mentioned banks are restricted by self-regulatory regulations on interest rates and cannot offer an interest rate of 4.8% (equivalent to a 75% increase in the base interest rate, far exceeding the 50% limit set by self-regulatory regulations).

However, this interest rate is not considered high in local small and medium-sized banks and private banks. Many banks do not require large certificates of deposit, and ordinary regular deposits can reach more than 5% (such as Tianfu Bank, Jinzhou Bank, Minfeng Bank, Yilian Bank, Blue Ocean Bank, etc.), so if you deposit a large certificate of deposit in a local bank, the five-year interest rate of 4.8% is quite credible.

Large-denomination certificates of deposit

Large-denomination certificates of deposit, as general deposits, are essentially deposits and are protected by the "Deposit Insurance Ordinance", so their safety and reliability are not required Don't worry, as long as the bank you deposit in does not close down, you will definitely pay it out on time (you can also withdraw interest in advance if you want to withdraw it in advance), and even if the bank goes bankrupt, you can still get a compensation amount of 500,000.

For you, if you are worried because there is no paper certificate of deposit (Article 5 of the "Administrative Measures for Large-denomination Certificates of Deposit" stipulates: Large-denomination certificates of deposit are issued electronically. However, many banks currently Paper deposit certificates are available on the Internet), you can ask the bank to issue a deposit certificate, or you can keep the bank's business processing receipt or electronic banking (mobile banking and online banking) screenshots as evidence, as long as the above-mentioned documents show that the transaction you processed is large There is no need to worry if you have a certificate of deposit.

The situation mentioned by the subject is a reality.

The annual interest rate on bank certificates of deposit reaches 4.8%, which is not a very high level. According to public media information, the five-year fixed deposit interest rate of some banks once reached 5.50% and is still 5.45%.

Bank deposit interest rates are relatively high, first, relatively small city commercial banks, rural commercial banks or rural credit cooperatives, as well as emerging private banks.

The second is three-year term or five-year term products with longer deposit periods, the deposit interest rate may reach 4-5.5%.

The reason for this phenomenon is that commercial banks set their own deposit interest rates in order to compete in the market.

Due to various restrictions and unfavorable factors, small banks take measures to increase deposit interest rates in order to attract savings and expand their scale. This is normal market competition behavior.

The minimum deposit for large-denomination certificates of deposit in banks is 500,000, and the annual interest rate is 4.8%. This is basically the interest rate for large-denomination certificates of deposit of some small and medium-sized banks. It is possible to deposit, because local banks are also subject to supervision and deposit insurance. With the guarantee of the system, there is no need to worry about unreliability. As long as the capital is less than 500,000, you can get this interest rate. First, the annual interest rate on large-denomination certificates of deposit is 4.8%, which is a good deal.

If you deposit in a rural commercial bank or a private bank, as long as the bank is legal and compliant, you can deposit with confidence, because the deposit insurance system issued in 2015 has guaranteed the safety of depositors' funds. Deposit the funds in the bank and you can rest assured that you will get the interest rate without worrying about any risks. Even if the bank fails, there will still be a compensation of up to 500,000 yuan. As long as the funds do not exceed 500,000 yuan, this kind of deposit is definitely reliable. of. Second, interest on large certificates of deposit can be paid monthly.

You can pay interest on a large-denomination certificate of deposit on a monthly basis. You can choose to pay interest on a monthly basis. If it is not a large-denomination certificate of deposit but another financial product, this method is definitely not allowed, so you will not deposit it. After all, you are choosing a large-denomination certificate of deposit. If it is really a large-denomination certificate of deposit, you can deposit it with confidence, but this kind of deposit must be for three to five years. If you are worried about the risk, you should deposit the funds in the bank for no more than 500,000. If you have other funds, Just deposit it to another bank. To sum up:

A certain bank’s large-denomination certificate of deposit has a minimum deposit of 500,000 and an annual interest rate of 4.8%. It is definitely reliable. If you are worried about financial products, you should understand it clearly and save a large-denomination certificate of deposit. You can ask the bank to certify this, so that you can avoid the risk of buying financial products. However, the interest rates on large-denomination certificates of deposit in some rural commercial banks are higher than 5%, and in some private banks, the interest rates on smart deposits are 6%. You must first Understand what type of product it is so that it doesn’t affect your profits.

Thanks for the invitation. I have worked in a bank for many years. Let me briefly answer this question.

Reliable! Of course it’s reliable!

I found a deposit price here, which is at least similar to the 4.8% you mentioned.

Banks issue large-denomination certificates of deposit mainly to solve deposit assessment problems. Especially near the end of 2018, deposit prices may further increase. I think the temporary deposit increase is reliable.

Above!