People in China are really conservative, believing in "having food in their hands, but not panicking in their hearts", so they like to save money. As soon as they get their wages, they deposit them in the bank, which makes China's savings rate continue to dominate the world. Of course, there are more and more deposits, banks earn more and more, and the whole banking industry is developing faster and faster. Relevant data show that there are more than 4,000 banking financial institutions in China, of which more than 90% are small and medium-sized banks. As of June 2020 165438+ 10, China's deposit balance has reached 2 12.78 trillion yuan.
We all know that there are two kinds of most common deposit products in banks, demand deposit and time deposit. The advantage of current account is that it is very flexible, but the interest rate is only 0.35%, so it is very uneconomical for 350 yuan to deposit 65,438+10,000 yuan a year. It's a little better on a regular basis. The three-month average interest rate 1.452%, 1 annual average interest rate 2.0 13%, and the highest three-year average interest rate 3.386%. The interest rate of 654.38+0 million yuan is 2,065,438+03 yuan, and the three-year period is 3,386 yuan.
These two products are not attractive enough. As the number of banks is increasing and the competition is intensifying, banks are constantly introducing various innovative products to attract customers. Such as interest-bearing products, certificates of deposit, Internet platform deposit products, etc. There is a good interest rate. If you have a lot of capital, you can live a good life by eating interest.
However, in 2020, the supervision became stricter, the interest-bearing products based on documents were stopped, and the deposit products on the Internet platform were removed from the shelves, which had a great impact on small and medium-sized banks. We should know that there are few outlets in small and medium-sized banks, and there are no offline outlets in 19 private banks such as online merchant banks and Weizhong banks. How do they absorb deposits? In the past, sales through the Internet platform was the main channel. Now this channel is gone, and it can only be promoted by self-operated APP and WeChat official account.
In order to cope with the pressure of saving, all kinds of small and medium-sized banks can only come up with a "trick", that is, to launch regular interest-paying products with high interest rates, early withdrawal and flexible dividends to meet the needs of customers to withdraw money at any time and obtain interest at any time. For example, a bank in Jilin launched a time deposit product, with a 7-day interest rate as high as 2.5%, a 1 year interest rate as high as 4.5%, and a deposit of 65,438+10,000 yuan earned 4,500 yuan a year.
A city commercial bank outlet in Xicheng District, Beijing can enjoy an interest rate of 4. 1.25% for a three-year time deposit of 50,000 yuan. Of course, there are stronger ones, such as Yilian Bank, which pays interest every three days, with an annualized interest rate of 3%, which is higher than the previous seven-day interest rate. In addition, the annual interest rate of/kloc-0 is also 4.5%, the annualized interest rate of 399 days is 4.75%, and the highest annualized interest rate of 5 years is 4.875%, which is equivalent to a large deposit certificate.
The most cost-effective product is this 399-day annualized interest rate of 4.75%. You only need to set it for more than one year and deposit 500 thousand. The annual interest is 23,750 yuan, and the average monthly interest is 1979 yuan. If you save 1 10,000 yuan, then it is 3,958 yuan per month, which is equivalent to an extra salary. In the third, fourth and fifth tier cities, daily life is still enough. Of course, if you deposit it for five years, it will be 4062 yuan per month, but you can't withdraw money for five years, and the most flexible is 399 days.
At present, ICBC, CCB and other state-owned banks are not short of deposits, and they do not need to use high-interest products to collect deposits. The maximum annualized interest rate of certificates of deposit shall not exceed 4%, and the sales of 5-year and 3-year certificates of deposit shall be suspended. Therefore, only small and medium-sized banks will launch products with such high interest rates to survive.
Of course, if you want to earn 4000 yuan of interest every month, you have to have millions of principal, which is very difficult for many people. After all, the per capita deposit in China is only 60,000. In addition, although small and medium-sized banks offer such high interest rates, the risks are not small. At present, many banks have closed down, and the maximum compensation can only be 500,000, so there are 6,543.8+0,000. It is best to have several banks to reduce risks.
Finally, if you have 6,543,800,000 yuan, do you collect interest from the deposit bank? Or to buy a house?