Both belong to idle money management tools. Recharge ICBC cash treasure is equivalent to buying ICBC Monetary Fund, and recharge Yu 'ebao is equivalent to buying Tian Hong Zenglibao Monetary Fund. Yu 'ebao's funds can be deposited and withdrawn, and can also be used to buy things in Taobao.
ICBC (cash treasure) is a backup cash management tool, which is connected to the money fund like Yu 'ebao. Investing money in ICBC (cash treasure) is actually buying ICBC Credit Suisse Money Market Fund, which can also be said to be ICBC Money Fund.
Recharge Yu 'ebao refers to any money fund that has purchased Yu 'ebao. Yu 'ebao has six monetary funds: Tian Hong Yu 'ebao Fund, Central Europe Qian Bao Monetary Fund A, Huaan Ririxin Monetary Fund A, Guotai Bao Li Monetary Fund, Boss Cash Income Monetary Fund A and Jing Shun Great Wall Jingyi Monetary Fund A.
Extended data:
Similar risks: ICBC cash treasure and Yu 'ebao are both linked to money funds and mainly invest in various low-risk financial products such as central bank bills, government bonds and financial bonds, with low investment risks.
Close returns: ICBC cash treasure's 7-day annualized rate of return is around 2.9%, which is slightly higher than the 2.5% of Yu 'ebao China Terry, but in the long run, the income difference of money funds is not very big. However, due to more Yu 'ebao funds, it is slightly higher than ICBC's ICBC Monetary Fund.
Baidu encyclopedia-Yu' ebao
Baidu Encyclopedia-ICBC cash treasure