Yu 'ebao is characterized by flexible access. You can withdraw the balance or the bank card.
Both are money funds, with similar income and the same function, that is, fragmented financial management.
The difference between Alipay and Alipay
Variance 1: The binding funds are different.
Although there are some differences in details, "Yuebao" and "Lifelong Treasure" are essentially the same kind of products, and their functions are the same, that is, fragmented financial management. The only fundamental difference is that different types of money funds are purchased through different platforms to preserve their value. For example, recharging Alipay Yu 'ebao is equivalent to buying Tian Hong Zenglibao Monetary Fund, and recharging Tian Tian Fund Network Initiative Bao is equivalent to buying South Cash Zenglibao and Huaan Cash Fuli Monetary Fund.
Difference 2: funds are transferred to different accounts.
Yu 'ebao and Huobaobao can transfer money in real time, but the funds are not the same. The balance treasure goes to Alipay account, and the active treasure is a bank account. Specifically, the funds of Yu 'ebao are drawn out in real time and received within 1 minute. There are not enough supporting banks, only five joint-stock banks, namely China Merchants Bank, China Everbright Bank, CITIC Bank, Huaxia Bank and Ping An Bank, Postal Savings Bank and dozens of city commercial banks, rural commercial banks and rural credit cooperatives.
Lifelong Bao can withdraw funds at any time, with the fastest 1 second, and the handling fee is zero. It is bound to 14 bank cards such as ICBC, Agricultural Bank of China, Bank of China, China Construction Bank and China Merchants Bank.
Difference 3: The minimum threshold is different.
Both Lifetime Bao and Yu 'ebao support the recharge and purchase of bank cards of many banks, but they are all limited to debit cards (that is, using the funds in the cards to recharge and purchase), and credit cards cannot be used.
Every product is still different. For example, the minimum threshold for the first recharge of Lifelong Bao is 500 yuan, and the minimum threshold for the second recharge can be reduced to 100 yuan. The minimum threshold of Yu 'ebao is only 1 yuan.
Difference 4: Yu 'ebao can consume, and the current treasure is partial to financial management.
It is understood that the funds in Yu 'ebao can be used for online shopping and Alipay transfer. And the per capita purchase amount of a single fund is around 200 yuan to 800 yuan, which is in line with the trading and consumption behavior characteristics of Taobao users.
The active treasure of Tian Tian Fund Network also has the advantage of purchasing funds. At present, the average person on the platform holds about 50 thousand yuan of funds, which can make large investments.