The difference between the two:
1. Different losses: ICBC Credit Suisse Bank cash treasure has the risk of principal loss, while Alipay's Yu 'ebao does not.
2. Different companies: Yu 'ebao is a balance appreciation "service" jointly launched by Alipay and Tianhong Fund, and cash treasure is a cash management tool independently launched by ICBC Credit Suisse Bank Fund.
3. Convenience: Yu 'ebao is more like a coin purse, which can be easily taken and stored, and can also be directly used for daily consumption. ICBC, Credit Suisse Bank and cash treasure can also deposit and withdraw money, but they can't spend it at any time. Relatively speaking, it is more troublesome than Yu 'ebao.
Yu 'ebao itself exists in the bank fund account, and Alipay is only the corresponding sales platform. To put it figuratively, the money in Yu 'ebao is like a child's lucky money, which is currently kept by parents, but ultimately belongs to them. At this point, we will feel more at ease about the country's financial supervision measures. As the saying goes, investment is risky. At present, as a monetary fund, Yu 'ebao buys products with less security risks, such as national debt. Personally, the most intuitive embodiment is that I have used Yu 'ebao for so many years, and I really have never suffered a loss. Even when I found that the guys around me were tortured to death by the stock market and high-risk funds, I found that Yu 'ebao really felt quite safe.
The essence of Yu 'ebao is a money fund, which is equivalent to pooling everyone's money to buy investment products. These investment products are relatively low risk, such as national debt, so the income is also very stable. Secondly, people all over the country are using Yu 'ebao. With such a large volume, the country will definitely think of a good way. In fact, whether your money is in Alipay or Yu 'ebao, it will eventually be deposited in the bank. The state won't let such a large sum of money be put in the private sector, so it will manage it by itself, so don't worry at all.