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The foundation that buys Yu 'ebao by itself has subscription fee and redemption fee. Why doesn't it cost money to save Yu 'ebao?
No matter Alipay or Tian Hong Fund, there is no subscription fee and redemption fee. The funds in Yu 'ebao can not only earn income, but also be paid for consumption, support real-time transfer, and have more flexible funds, which is the difference between Yu 'ebao and other currencies.

Yu 'ebao is a balance appreciation service launched by Alipay. The user transfers the funds to Yu 'ebao. In fact, they bought a money fund called Yu 'ebao provided by Tian Hong Fund, which can be used for payment and transfer at any time.

Calculation of Yu 'ebao's income: (confirmed amount of Yu 'ebao/10000 )X every ten thousand income announced by the fund company on the same day.

The funds transferred to Yu 'ebao will be confirmed by the fund company on the second working day, and the confirmed share will be calculated and included in your Yu 'ebao funds. Please check the income after the next day of share confirmation 15. (Funds transferred after 15:00 will be confirmed after 1 working day. On weekends and national holidays, the fund company will not confirm the share)

Please refer to /lab/help_detail.htm when transferring Yu 'ebao to a bank card? help_id=26 1939 .