Some depositors may find that many bank deposit interest rates are less attractive than the previous deposit interest rates, and they have lowered the interest rates of some medium and long-term deposits. So when the interest rate of bank deposits is lowered, should we still deposit time deposits?

1. Because bank wealth management products no longer promise to protect capital and interest, there are not many well-known capital preservation methods. The core of our financial management is to solve security problems. Therefore, for security reasons, it is necessary to deposit it in a time deposit.

2. There are several maturities of 3 months to 5 years for lump-sum deposit and withdrawal by banks, which can meet the short-,medium-and long-term deposit needs of many people; The interest rate of bank time deposits is much higher than that of demand deposits, which is several times or even ten times that of the latter, which can enable depositors to obtain more interest income and alleviate the harm caused by inflation.

In addition, for some elderly people, their ability to resist risks is not high, and they are used to bank time deposits. Bank outlets and ATMs all over the country can also benefit them more conveniently.

4. For some moonlight people, sometimes their active income may be limited or even cut off due to the epidemic. Time deposit can help them save to some extent, limit their unreasonable consumption desire and increase their ability to resist risks.

5. In addition, during the downward trend of interest rate, doing a good job in advance and depositing a long-term time deposit can effectively lock in a higher deposit interest rate, even if the interest rate continues to decline thereafter, it will not affect the interest rate of this time deposit.

6. Around the end of the year, many small and medium-sized banks will appropriately raise the deposit interest rate or launch some activities to give gifts and points through deposits.

Therefore, at this special time node, it is necessary to deposit long-term idle funds into long-term time deposits in banks after doing a good job of research.

Although there are many reasons to support people to put their money in the bank time deposit, we can't put all the money in it because it makes the mistake of "putting all the eggs in one basket".

After the adjustment of bank deposit interest rate, the current time deposit interest rate is relatively low. Putting all the money into it will make our average deposit interest rate lower, and it may be difficult to beat inflation.

This will lead to a decline in the purchasing power of all currencies, although it seems that interest rates have increased.

Therefore, to ensure the safety of most bank deposits, a small number of them should choose safe ways to increase their value, which are suitable for their risk tolerance, and carefully choose stocks, stock funds and other ways that are not guaranteed and risky.