The interest rate on large-denomination certificates of deposit continues to rise, and the expected return on large-denomination certificates of deposit with a maturity of 2 years is no less than that of money funds.

This time we have summarized the interest rates for large certificates of deposit in 2018, which mainly include the eight major banks that everyone is more concerned about, such as China Construction Bank, Agricultural Bank of China, ICBC, etc., and of course there are also commercial banks such as Minsheng and Everbright.

Judging from the large-denomination certificate of deposit interest rates of the above banks, the 3-month average interest rate increased by 49.09%, the 6-month average interest rate increased by 49.23%, and the 1-year average interest rate increased by 52%.

The average one-year interest rate increased by 51.43%, and the average three-year interest rate increased by 50.19%.

The interest rate is much higher than that of time deposits of the same grade.

The highest interest rate for large-denomination certificates of deposit in 2018 was 4.2625%, which was obtained from three-year large-denomination deposits issued by Hubei Bank, Fudian Bank, and Dongguan Bank.

The highest interest rate for one-year certificates of deposit is 2.325%, issued by Fudian Bank, Bank of Guangdong and Bank of Dongguan.

You can see a pattern, that is, urban commercial banks have more advantages in the interest rates on large-denomination certificates of deposit than state-owned banks.

Purchase thresholds and interest rates are different. There are two thresholds for purchasing large-denomination certificates of deposit: 200,000 yuan and 300,000 yuan. Bank of China has a large-denomination certificate of deposit with a starting point of 1 million yuan.

The higher the purchase threshold, the higher the interest rate on large-denomination certificates of deposit. Therefore, under the premise of the same deposit period, the interest rate on large-denomination certificates of deposit for 1 million yuan is 300,000 yuan for large-denomination certificates of deposit and the interest rate for large-denomination certificates of deposit is 200,000 yuan.

Except for the high purchase threshold and poor liquidity of large-denomination certificates of deposit, they completely beat money funds in all other aspects.

We believe that middle-aged people with certain assets can invest in large certificates of deposit if they have not made large expenditures in recent years.

As for salaried people with mortgages and car loans, it is difficult to invest in large certificates of deposit if they do not have large fixed assets.