However, today's Yu 'ebao is not completely equivalent to Tian Hong's Yu 'ebao, because Yu 'ebao has launched more money funds, including nearly 30 money funds. And the income of each money fund is naturally different.
Specifically, the interest of Tian Hong Yu 'ebao Monetary Fund ranks only in the middle of these monetary funds, and the highest rate of return is about 2.2%, and the lowest rate is only about 1.8%.
Of course, the above rate of return is actually the expected rate of return, which is based on the average rate of return in the past period of time. If you put your money in Yu 'ebao now, it doesn't mean that you can get this income in the future.
In fact, the income of the money fund in Yu 'ebao changes greatly almost every year. Therefore, it is difficult to determine the actual interest on putting money in Yu 'ebao.
Let's look at bank interest. Money is deposited in the bank, and interest naturally comes from deposits. There are many kinds of deposits in banks, and the interest rates of different deposits vary greatly.
Undoubtedly, the lowest interest rate is demand deposit, the slightly higher interest rates are notice deposit, time deposit and convenience deposit, non-lump-sum time deposit, and then lump-sum time deposit, and the highest interest rate is large deposit certificate.
When you deposit money in the bank, you should deposit the most money in demand deposits, lump-sum time deposits and large deposit certificates. Other deposits are relatively small, and some people may not know. So here we compare the interest of these three kinds of deposits with Yu 'ebao.
As the deposit with the lowest interest rate, the interest rate of demand deposit is definitely not as high as that of Yu 'ebao.
The benchmark interest rate for demand deposits is only 0.35%, and the actual minimum may be only 0.3%. Even at the lowest time in history, the interest rate of Yu 'ebao is several times higher than this.
Time deposits are similar to certificates of deposit. Basically, the longer the deposit term, the higher the interest. The time deposit or certificate of deposit with the lowest interest rate may not be as high as the money fund with the lowest interest rate in Yu 'ebao.
Of course, the time deposit or deposit certificate with the highest interest rate can reach nearly twice the interest of Yu 'ebao.
Therefore, if it is a time deposit or a large deposit certificate, the interest rate is higher or lower than Yu 'ebao, depending on how it is deposited.
Generally speaking, as long as the deposit period is above 1 year, the interest rates of time deposits and certificates of deposit are higher, and those with a deposit period below 1 year depend on the situation.
In a word, compared with time deposits and certificates of deposit, Yu 'ebao has no absolute advantage in interest.
Of course, as I said before, the interest of Yu 'ebao has changed greatly, and the actual interest that can be obtained in the future has great variables. This variable may be favorable or unfavorable.
Look at the historical income of Yu 'ebao. At the highest time, it was even higher than the highest interest rate of time deposits and certificates of deposit at that time, and at the lowest time, it was lower than the lowest interest rate of time deposits and certificates of deposit at that time.