The change pass is connected to multiple money funds, and the income of each money fund will be different. So when you calculate the flexible income, you can calculate the income only by looking at the annualized rate of return for seven days. So we will explain it to you in the form of examples.
Let's give a simple example: suppose an investor transfers 20 thousand yuan to a change account, and the expected annualized interest rate for seven days is 2% If a year is 360 days, then the expected income is: 20000 * 2% * 7/360/7 =1.11yuan. Some people may think that the return is relatively small.
However, it should be noted that the 7-day annualized interest rate is expected to change every day, so the purchase amount and 7-day annualized rate of return can be substituted in the calculation. Although the money earned by small change will not be particularly large, the risk is relatively small, and the probability of loss is very small if it is held for a long time. In addition, the change card can be accessed at any time, which is very convenient.