At present, the seven-day annualized rate of return of Yu 'ebao is 2.0280%, the daily interest = 300000 * 2.0280%/365 ≈16.66 yuan, and the annual income =300000*2.0280%≈6084 yuan.

The 7-day annualized rate of return of Yu 'ebao may change every day, so this income is not fixed, and the actual interest paid by Yu 'ebao shall prevail.

With the balance of 300,000 yuan, the interest rate is still not as high as the bank's regular interest rate, but it is still higher than the bank's current interest rate. Moreover, its funds are very flexible and can be withdrawn at any time to pay for consumption at any time. In essence, Yu 'ebao invests in money funds, but the income of money funds is different from that of other funds. Money funds have income every day, and the risk of investing in money funds is also very small.

It should be noted that after the deposit of Yu 'ebao funds, it will not generate income immediately. After buying, you need to confirm the buying share the next day and generate income on the third day. If it is a holiday or weekend, it will be postponed to Monday and after the holiday.

Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, repayment and other consumer payments. It is a cash management tool in the era of mobile Internet. Yu 'ebao is still the largest monetary fund in China.