When the monthly interest of 1 million yuan is mentioned, the situation will be different due to different deposit types and banks. In state-owned commercial banks, joint-stock banks or local banks, the interest rate is usually very low. Take .35% as an example, the monthly interest is about 1 million yuan multiplied by .35% divided by 12, which is about 2916.67 yuan. This is obviously not the best financial choice, especially compared with the money fund, when the annualized rate of return of Yu 'ebao is 3%, the monthly income can reach 25, yuan.

in contrast, if you choose a fixed deposit, such as one year, the monthly interest of 1 million yuan can reach at least 12,5 yuan, which is much higher than the current deposit. For large deposits such as 1 million yuan, banks usually offer higher interest rates, especially for the four major banks, which may offer 3% interest rates. In order to attract large customers, the interest rate of some small banks may even be as high as 5% or higher. In this case, the monthly interest rate will be even more impressive.

generally speaking, banks will treat deposits of 1 million yuan as VIP customers and offer different interest rate concessions, but no matter which option, the income of current savings is obviously lower than that of time deposits and money funds, so the interest rate strategy needs to be decided according to the individual's investment objectives and risk tolerance.