Time deposits have various maturities, such as three months, six months, one year, two years, three years and five years. The corresponding deposit interest rates will be different at different times, and the deposit interest rates of different banks will be slightly different.
The expected 7-day annualized rate of return of the money fund is generally between 1.5%-3%, which is uncertain. However, the flexibility of the money fund is good, and it can deposit and withdraw money at any time, and the arrival time is relatively fast, usually a few days is enough.
If the deposit is fixed, the term is longer, but the interest rate of the fixed general deposit for less than two years is not very high, relatively low, generally not as high as that of the money fund, while the interest rate of the general deposit for more than two years will be higher and the income will be higher than that of the money fund.
It should be noted that the above is general and does not represent all, because money funds are risky and belong to low-risk financial management, and the income cannot be guaranteed. When the market is not good, there are losses, that is, time deposits have high returns. If the price of the money fund is relatively high, it may be higher than the deposit of less than two years, depending on the situation.