The interest on Yu'e Bao is calculated based on compound interest.
Yu'e Bao's interest is called Yu'e Bao's income, and the specific calculation formula is: income (interest) = Yu'e Bao's confirmed amount/10,000 × 10,000 earnings for the day.
For example, if your Yu'e Bao has 100,000 yuan as the confirmed amount on that day, and the income of 10,000 units on that day is 0.8, your income on that day is 100000/10000×0.8=8 yuan.
Wanfen earnings can be viewed by logging into Alipay. The specific steps are as follows: Operating environment: Brand model: iPhone13 System version: iOS15.0 APP version: v10.2.53 1. Open the Alipay APP on your phone and view Yu’E Bao; 2. Click on “Yesterday’s earnings
” or “Cumulative Income”; 3. Select “Fund Details” and then click “10,000 Income” to query.
Yu'ebao is a balance value-added service and current fund management service product launched by Ant Technology Group Co., Ltd. in June 2013.
Yu'E Bao is connected to Yu'E Bao Monetary Fund under Tianhong Fund, which is characterized by easy operation, low threshold, zero handling fee, and can be withdrawn and used at any time.
In addition to financial management functions, Yu'e Bao can also be used directly for shopping, transfers and other consumer payments. It is a cash management tool in the mobile Internet era.
Advantages of Yu'E Bao: 1. Simple process. The Yu'E Bao service is the fund direct sales system of the fund company built into the Alipay website. When user funds are transferred to Yu'E Bao, it is actually the purchase of monetary funds, and the corresponding funds are managed by the fund company.
The income from Yu'E Bao is not just "interest", but the income from the user's purchase of monetary funds. If the user chooses to use the funds in Yu'E Bao to pay for shopping, it is equivalent to redeeming the monetary fund.
The whole process is as simple as recharging Alipay, withdrawing cash or paying for purchases.
2. There is no limit on the amount. The minimum amount for a single transfer to Yu’E Bao is 1 yuan, which is a positive integer.
The goal of Yu'e Bao is to give those pocket money opportunities to add value, so that users can enjoy the joy of financial management even if they are one or two yuan or one or two hundred yuan.
3. Flexible use Compared with the general "money begets money" financial services, Yu'e Bao's greater advantage is that it not only provides high security returns, but also fully supports almost all Alipay functions such as online shopping and Alipay transfers. This means
On the one hand, the funds in Yu'e Bao keep increasing in value at all times, and on the other hand, they can be used for consumption at any time.
Alipay also provides compensation for stolen amounts to Yu'e Bao to ensure that funds are safe.
4. Safety in use Alipay also provides compensation for stolen amounts for Yu’e Bao to ensure that funds are safe.
There is no handling fee for transfers in and out of Yu'e Bao, and real-time transfers are supported, which will be credited to the balance of your Alipay account in a timely manner.