What is the general interest rate for smart deposits?

Smart deposit is an innovative deposit developed in cooperation with direct selling banks in recent two years. Its biggest feature is that early withdrawal does not bear interest according to the current period, but according to the highest time deposit interest rate in the actual deposit period. For example, a 5-year smart deposit will be withdrawn after 2 years 10 months, and the interest will be calculated at the 2-year fixed deposit rate. Therefore, smart deposits have both the convenience of demand deposits and the benefits of time deposits.

What is the difference between a normal deposit and a normal deposit?

1. The interest calculation method is different. Where ordinary time deposits are withdrawn in advance, the interest shall be calculated at the current interest rate; Smart deposits are subject to the withdrawal time in advance, and the interest is subject to the file. The problem of interest damage caused by early withdrawal of ordinary time deposits shall be solved by file interest. For example, an ordinary five-year time deposit of Industrial Bank can be withdrawn in advance after one year, and the interest can only be calculated at the current interest rate of 0.3%, while another smart time deposit can be calculated at the interest rate of 1.95% after one year, which is 6.5 times higher than the current interest rate!

The threshold of interest-bearing deposit products is not high, and the minimum deposit amount ranges from 50 yuan to 50,000, which can be purchased in direct banking and mobile banking. It is worth noting that some banks will calculate interest according to different grades besides grades, that is, different deposit amounts will lead to different interest rates. For example, CCB has two different grades of 1.8 million and 3.6 million, which correspond to different interest rates of 1.375% and 1.625% respectively.

2. Different ways to pay interest. Ordinary time deposits will repay the principal and interest at maturity, while some smart deposits launched by banks can pay interest on a monthly or quarterly basis, and the interest can be obtained in advance. There are also some banks that combine monthly interest payment with installment interest payment, that is to say, when these products reach a certain capital stage, they can not only get higher interest, but also get interest income on a monthly or quarterly basis.

Smart deposit has both current convenience and regular income. Compared with traditional deposits, its advantages are self-evident. More importantly, smart deposits are issued through the network channels of direct selling banks, which removes the physical network restrictions for small and medium-sized banks to participate in interest rate competition. The interest rate of small and medium-sized banks is generally higher than that of big banks by 1-3 percentage points, so it will be accepted by more and more users. In addition, direct selling banks do not have the operating expenses and management expenses of outlets, and the new channel model itself will strengthen and expand the interest rate advantage of smart deposits.

Related Q&A: What does Industrial Bank mean by intelligent notice of deposit appreciation income? Industrial Bank's intelligent notice deposit value-added income means that the system automatically selects one-day or seven-day notice deposit type to calculate interest according to the change of account balance, and automatically settles interest once every quarter. After-tax interest will be automatically transferred to the principal to participate in the interest calculation of the next cycle. Intelligent notice deposit is a deposit product with intelligent financial management function, which integrates the advantages of demand deposit and notice deposit. Smart call deposit can be withdrawn flexibly like demand deposit, and the unused part will be automatically converted into call deposit, enjoying the interest income of one-day or seven-day call deposit. Ordinary deposit products have an agreed deposit term, and early withdrawal can only bear interest at the current interest rate. In addition, different banks have different regulations on smart notice deposit business, please refer to the regulations of the handling bank. Industrial Bank Co., Ltd. (hereinafter referred to as "Industrial Bank") was established in August 1988. It is one of the first joint-stock commercial banks approved by the People's Bank of the State Council and China. It was officially listed on the Shanghai Stock Exchange in 2007 (stock code: 60 1 166), and its head office is located in Fuzhou. Since its opening 30 years ago, Industrial Bank has always adhered to the business philosophy of "sincere service, accompanying growth" and is committed to providing customers with comprehensive, high-quality and efficient financial services. By the end of 20 14, the total assets of Industrial Bank exceeded 4 trillion yuan, reaching 4.4 1 trillion yuan, an increase of 19.84% compared with the beginning of the year. The net assets per share attributable to ordinary shareholders was 65.438+0.286 billion yuan, an increase of 22.6 1% compared with the beginning of the year. The annual operating income was 65.438+024.834 billion yuan, a year-on-year increase of 654.38+04.23%; The net profit attributable to shareholders of the parent company was 4,765.438+0.08 billion yuan, a year-on-year increase of 65,438+0.4365.438+0%; The weighted average return on equity remains at a high level of 2 1. 19%; Branches of 108 and 1435 have been established in major cities in China; It owns subsidiaries such as Xingye International Trust, Xingye Financial Leasing, Xingye Fund, Xingye Consumer Finance, Xingye Wealth and Xingye Guo Xin Asset Management, forming a modern financial service group with banks as the main body, covering trust, leasing, funds, securities, consumer finance, futures and asset management. As the first "Equatorial Bank" in China, Industrial Bank has always adhered to the "scientific and sustainable" development concept, operated legally, steadily and in a civilized manner, taking into account the interests of shareholders, customers, banks, employees and the social environment, and actively practiced corporate social responsibility, which has been widely recognized and praised by all walks of life at home and abroad. August, 20021year, Fortune Global 500 released: ranking 196. According to the latest ranking of global 1000 banks in 20 1004 by the British "Banker" magazine, Industrial Bank ranked 49th in tier 1 capital and 43rd in total assets, ranking among the top 50 banks in the world. According to the ranking of Fortune 500 companies published in 20 14, Industrial Bank ranked 338th, ranking 90 places higher than last year, ranking first among banks. According to Forbes' 20 14 ranking of the top 2000 global listed companies, the company ranked 129, making it one of the fastest growing companies in the same period. In 20 18, Fortune ranked 237th in the list of the world's top 500 enterprises.