One: Binding the Monetary Fund
Recharging these three so-called innovative cash management tools is equivalent to buying a bound money fund through them.
Recharging Alipay Yu 'ebao is equivalent to buying Tian Hong Zenglibao Monetary Fund, recharging Zhonglu cash treasure is equivalent to buying Haifutong Currency A, and recharging Huaxia Life Cycle is equivalent to buying Huaxia Cash Zenglibao Currency A. ..
Because of the different binding money funds, it will also bring different expected annualized expected returns. Tian Hong Zenglibao Monetary Fund was established in May, and there is no long-term performance to test. Referring to the performance of Tian Hong Cash Manager Currency A managed by the same team, as of June 2 1, the return is Haifutong Currency A, the return is Huaxia Cash Increase Currency A, and the return is 1.7585%.
Two: real-time cash withdrawal
In addition to the expected annualized expected return, the speed and convenience of cash withdrawal are also the key points to be compared.
For the bank card associated with Alipay's real name, Yu 'ebao can transfer money in real time, and it will arrive within 1 minute, and there is no handling fee. However, the only banks supported are China Merchants Bank, China Everbright, CITIC, Huaxia, Ping An, Postal Savings Bank and dozens of city commercial banks, rural commercial banks and rural credit cooperatives, and the popularity of banks needs to be improved.
Zhonglu cash treasure transfers funds in real time, and the funds arrive within 1 minute, supporting 16 banks, including five major banks and major joint-stock commercial banks. The single and accumulated amount per day does not exceed 20,000 yuan, and the daily limit is 2. Huaxia Alipay is a real-time payment tool, which can be received within 1 minute. It supports 18 bank and third-party payment tools. A single withdrawal shall not exceed 50,000 yuan, and the cumulative daily withdrawal application shall not exceed 200,000 yuan, and only five transactions are allowed. However, there is no limit on the number of transactions in the quick withdrawal business of ICBC and CCB.
It is worth noting that for other bank cards unrelated to users, Yu 'ebao also has a 2-hour quick cash withdrawal function, which supports the five major banks, China Merchants Bank, China Everbright Bank and Hangzhou Bank, but the service fee to be charged is set at the lower limit of 2 yuan and the upper limit of 25 yuan.
Three: ordinary cash withdrawal
Ordinary cash withdrawal, balance treasure T+2 days to the account, no handling fee, single cash withdrawal is not higher than 50,000 yuan, daily cumulative cash withdrawal is not more than 65,438 yuan+049,997 yuan, a total of daily ordinary cash withdrawal+real-time cash withdrawal+two hours cash withdrawal. Zhonglu cash treasure and Huaxia Huotong have no handling fee, unlimited amount and unlimited times. Zhonglu cash treasure arrived at the account with T+2, and Huaxia Huotong arrived at the account with T+ 1, because it was a direct sale.
Four: Different positioning
From the functional point of view, you can directly shop and charge the phone bill on Taobao through Yu 'ebao, and the consumption payment function is remarkable, which can be understood as a springboard for consumption. In addition to cash management, Zhonglu cash treasure has more obvious advantages in financial investment. Through cash treasure, it can also be transformed into more than 1000 kinds of funds, portfolio products of Zhonglu funds or wealth management products of securities firms in the market, which can be understood as a springboard for investment. Huaxia Huotong is similar to Zhonglu cash treasure, but its investment and financial management function is weak, and it can only be converted into Huaxia fund products.
Due to different positioning, the deposit amount of the above three instruments is also different. There is no limit for recharging Yu 'ebao with the balance in Alipay, but there are single and single-day limits for bank cards. According to different banks and cards, the limit is mostly between 500-5000 yuan. Cash treasure and the current general rules only limit the maximum amount of online banking, which can be set or cancelled by itself, and have little impact on daily cash management and investment.