But this interest rate is not fixed, because the yield of the money fund changes almost every day. In most cases, the rate of return is between 2% and 3%, and the annual interest of 1 1,000 yuan is between 200-300 yuan.
In addition, although the income of the money fund is calculated according to compound interest, it is not much more than a few dollars calculated according to compound interest because there is not much money saved, the inspection time is short and the interest generated is not much.
In a word, it is much higher to deposit money in a change account than in a current account.
In addition, some people will worry that the disappearance of WeChat or the bankruptcy of fund companies will make their money in the change pass go to waste. Actually, don't worry about this.
First of all, after putting money into the change card, it is used to buy funds, which has little to do with WeChat, because the money has already entered the pocket of the fund company, so the disappearance of WeChat will not make the funds we bought disappear together.
Secondly, even if the fund company goes bankrupt, the money we buy the fund does not belong to the assets of the fund company, and the fund company has no right to dispose of it. In theory, there is no risk.
Of course, the probability of the sudden disappearance of WeChat or the bankruptcy of fund companies is very low, and the worry about this is purely groundless.
In a word, the risk of putting money into a change note is still very low.