After clicking "Transfer" in Yu'E Bao, select the transfer method as balance transfer to transfer the balance to Yu'E Bao.

The specific operations are as follows: 1. Open Alipay on your mobile phone, find "My" in the lower right corner of the main interface, click "My" to enter the personal account management page.

2. In the options on the personal account management page, find and click "Yue Bao" to enter the fund management page of Yu'E Bao.

On the page, we can view yesterday's income, total amount in Yu'E Bao, accumulated income and rate of return, etc.

3. Find the "Transfer" button in the lower right corner of the screen.

Click to enter the "Transfer to Yu'E Bao" interface.

After entering the transfer interface, first select the payment method, select "Account Balance" in the pop-up list, and then return to the transfer interface. The maximum amount that can be transferred this time will be prompted below the account balance.

Enter the amount to be transferred in the text box below the payment method, confirm that the information has been filled in correctly and click "Confirm Transfer".

4. Enter the payment password or enter your fingerprint on the pop-up payment page. The system will automatically jump to the completion page and prompt that the transfer is successful.

The balance will be transferred to Yu’E Bao.

Money transferred from the bank card to Alipay will be stored in the balance.

The balance can be used for daily cashless consumption, transfers between Alipay friends, sending red envelopes, and can also be transferred to Yu'E Bao for investment and financial management.

The balance can be recharged through mobile Alipay and Alipay official website.

For the convenience of using Alipay, many people will transfer their wages to their balance.

There is too much idle cash in the balance and no interest, which affects the experience of Alipay users, and Yu'ebao came into being.

The essence of Yu'e Bao is a currency fund.

Currency funds are a fund product with relatively stable returns. Compared with other financial investment products such as stocks and futures, the risks of currency funds are minimal.

Correspondingly, the returns brought by monetary funds are much less than those of other high-risk financial investment products.

Therefore, Yu’e Bao is a very suitable financial product for most users.