Expansion: Yu 'ebao is a balance appreciation service and current fund management service product launched by Ant Technology Group Co., Ltd. on June 20 13.
Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer and other consumer payments, and is a cash management tool in the era of mobile Internet.
You can get a certain income by transferring money to Yu 'ebao. Support Alipay account balance payment, savings card (including one card) funds transfer fast payment. There is no handling fee.
According to its official introduction, the annual time deposit interest of 20 12 years and 100000000000000 yuan is 3250 yuan/year, and the income from the balance treasure can exceed the bank interest of 750 yuan/year. Through the funds left in Alipay by Bao Yue users, you can not only get "investment income", but also get higher income compared with the interest of bank demand deposits.