Wechat's "change pass" funds are small in scale and belong to the "small high frequency" financial management scenario. The way to transfer money can only be through WeChat change transfer, not through other channels such as bank cards. The source of WeChat change mainly comes from sending and receiving red envelopes and transferring money between friends, while the consumption scenes are mainly taxis and meals, all of which are small scenes.
How to use WeChat change pass?
1. Open my WeChat wallet.
2. We will see "Change Pass" in the lower right corner. Open it.
3. Here we can see that there are "transfer-out" and "transfer-in", that is, transfer-out from a changing account. Click on the "fund details" in the lower left corner here to see the specific data of this fund.
4. By default, the general system transfers in and out from WeChat "change". If we want to transfer money from bank card to bank card, we can click on the bank card.
How to withdraw the income from WeChat change?
The income of WeChat MoneyLink will be deposited in the balance of MoneyLink, and the withdrawal of the income of WeChat MoneyLink can be done directly. First, enter WeChat to select me, then select Pay-Wallet, find the change pass, and enter. After entering, select the transfer-in function, select the transferred-out bank card or WeChat balance, and you can withdraw the income from WeChat change pass.
It should be noted that there are two transfer methods for WeChat change, bank card and change. If you transfer money through a bank card, there is no handling fee for withdrawing the bank card, and you will be prompted how much money you have withdrawn for free on the transfer-out page.
If you directly transfer the funds in the WeChat change account, you can only transfer the change, and then withdraw it from the WeChat change to the bank card, but you have to charge a handling fee of one thousandth. Under normal circumstances, the change pass is actually to buy a money fund, and users need to handle wealth management business according to the current interest rate of the money fund.
According to the rules of WeChat change pass, if the funds are transferred from the bank card, they can be directly transferred to the card for free. If the change is transferred to the change account, it cannot be directly transferred to the bank card. You need to transfer money to the change, and then withdraw it from the WeChat change to the bank card.
The following detailed analysis of the advantages and disadvantages of replacement:
First, change the advantages of the pass:
1, high interest income. No matter whether you deposit 100 yuan or 1000 yuan, the change will give you an annualized income of about 2.4%. You should know that the bank's demand deposit is only about 0.3%, and the one-year small deposit is 1.75%.
2. Save money flexibly. I have used it for three years to change the card. No matter at five or two in the morning, the change card always arrives in seconds, and its flexible access is also a reliable place.
3. Low risk. The income of change pass conforms to the national regulations, and it is the lowest risk financial management option except banks. It has been used for three years and has never lost money. Low risk is also a highlight of its reliability.
Second, the shortcomings of changing the pass:
1. The shortcomings of the change mainly focus on the risks of code scanning and financial management. For most consumers, the balance of change pass and WeChat is basically the same, and both of them are unimpeded in the purchase of goods, so when we scan some wrong QR codes or something else, it is easy to be cheated.
2. In addition, the change pass is a monetary wealth management product, so the income is unstable. When its income declined, we undoubtedly lost some interest.
3. Theoretically, flexibility is a kind of money fund financing, but in essence, there will be signs of floating rate of return in actual operation, sometimes high and sometimes low.
4. In this respect, if we simply use the change card to manage money, our overall income is not high, but if we use the change card as our usual consumption account, frequent code scanning will cause us a certain degree of risk.