Yu 'ebao refers to a financial product, which is usually provided by banks or other financial institutions. It is a financial management tool, which allows users to obtain certain interest income within a certain period of time with a fixed deposit amount. So, is a time deposit the same as a time deposit? Let's go down and get to know each other.

Is a time deposit the same as a time deposit?

Time deposit is different from time deposit. Time deposit is a differentiated savings product issued by Sichuan Bank. Regular issuance can flexibly adjust the interest rate, grade and initial deposit amount of each period according to market changes and regional conditions. Time deposit is a deposit in which the bank and the depositor agree on the term and interest rate in advance when depositing, and withdraw the principal and interest after maturity.

What's the difference between a time deposit and a time deposit?

1, with different properties.

Fixed deposit treasure is a fund product, and time deposit is a deposit savings.

2. Different processing channels.

Ding Cunbao can be purchased through some banks and third-party institutions. Time deposits can only be handled through banks.

3. Different interest rates

Because the deposit treasure is a fund, the interest rate will be higher than the bank's time deposit rate for the same period, and the risk is also high.