The income of Yu 'ebao is different every day, and the income calculation formula is = (confirmed amount of Yu 'ebao /1)X every ten thousand income announced by the fund company on that day. Take the annualized income of .6787 as an example. If Yu 'ebao saves 1, yuan, and the daily income is about 7 cents, then 2, yuan is one yuan and 4 cents.

Yu 'ebao is docked with Yu 'ebao Monetary Fund under Tianhong Fund, which is characterized by simple operation, low threshold, zero handling fee and ready access. In addition to financial management functions, Yu 'ebao can also be directly used for consumer payment such as shopping, transfer, payment and repayment, and is a cash management tool in the era of mobile Internet. At present, Yu 'ebao is still the largest monetary fund in China.

Extended information

Yu 'ebao is a current fund account, which can be withdrawn at any time. Withdrawal is equivalent to redemption of the fund, and deposit is equivalent to purchase of the fund. ? Yu 'ebao can be transferred back to Alipay account, where cash can be withdrawn and transferred to bank card. However, you can also pay directly for shopping.

The money fund in the balance treasure is mainly used to invest in securities such as government bonds and bank deposits. Investors' purchase of money market funds does not mean that the funds are deposited in banks or deposit-taking financial institutions as deposits. Fund companies do not guarantee that the funds will make a certain profit, nor do they guarantee the minimum income.

Baidu Encyclopedia-Yu 'ebao

The daily income of Yu 'ebao is different, and the income calculation formula is = (confirmed amount of Yu 'ebao /1)X every ten thousand income announced by the fund company on that day.

On that day, the income of 2, yuan Yu 'ebao was 1.29 yuan

The annual income of Yu 'ebao was 6.753%, which is known as interest. If you deposit 1 yuan into Yu 'ebao, you can get 6.753 yuan a year, 67.53 yuan for 1, yuan and 675.3 yuan for 1, yuan a year.

It's almost the daily income of every 1, yuan. Now, the income of 1, yuan of Yu 'ebao fluctuates around 1.75-1.8, which can be said to be optimistic relative to the bank's interest. However, according to today's income per 1, shares, the annualized rate of return is 5.3%, which is more than ten times higher than the bank's current interest rate and definitely higher than the bank's five-year fixed interest rate. However, the income is lower than that of some medium-and long-term wealth management products of banks. Generally, more than 5, people buy wealth management, and less than 5, people deposit balance treasure.

The interest rate of Yu 'ebao is compound interest, which is what we know as rolling interest, so such interest is also a very objective amount compared with banks.

But the daily income of Yu 'ebao is different, and there is no fixed interest rate. Yu 'ebao relies on Alipay, which is one of Alipay's businesses, so you can check the income in Alipay.