Take Yu 'ebao as an example. Yu 'ebao is linked to Tian Hong Monetary Fund. Although the 7-day annualized interest rate of Yu 'ebao is much lower than before, it is still higher than the bank's time deposit rate.

As of 20 15, 1 1.4, the annualized interest rate of Yu 'ebao for seven days in one month was 3.0 1%, but now the bank demand interest rate is 0.3%, the three-month lump-sum deposit and withdrawal interest rate is 1.35%, and the semi-annual interest rate is. From the comparison with the bank's interest rate, it can be seen that the interest rate of the bank's five-year time deposit does not exceed the balance treasure.

The interest of Yu 'ebao is paid by the day, not compound interest. You can take it out at any time without affecting the interest rate. Once the bank's time deposit is withdrawn, it will be calculated at the current interest rate. These advantages of the money fund are unmatched by banks.