Speaking of interest income, colleague Xiao Li said that some banks seem to have raised interest rates again recently. He said that when he saw a bank's deposit products, the one-year interest rate was as high as 4.5%, and he could pay interest every week. Is it worth saving? I don't know what you think of this problem. If this is true, there is no doubt that this is a particularly cost-effective deposit method, but it may not be as simple as you think, because it is not in line with the market situation and the ultra-high interest rate does not meet the regulatory requirements.
So in order to confirm the reliability of the product, we dialed the customer service phone of the bank and made a detailed consultation. Finally, we found that this 4.5% interest rate is not fixed, but floating interest rate, which is actually a structured deposit. You may not be familiar with structured deposits. Their nature is actually a bit of an investment attribute, not entirely a deposit, because some money is to be used by banks to invest in derivative products, such as futures, funds and stock markets, so interest rates fluctuate, and usually a maximum value and a minimum value are set.
The final income will be within this range. As for the specific amount, it depends entirely on the success of this round of investment. Therefore, when depositors choose to save money, they must be good at distinguishing, not just looking at appearances. As a friend said, this bank seems to have raised interest rates, offering ultra-high interest rates, but not fixed interest rates. For structured deposits, this is in line with the rules and requirements, but whether it is worth saving depends on whether you are mentally prepared. Reaching the highest interest rate is a surprise. Don't complain about the lowest interest rate, but from an ideal point of view. So how to choose? Welcome everyone to leave a message for discussion!