WeChat Balance+ is included in the Wealth Management product and is a financial account: similar to Lingqiantong, it has financial management attributes, which is equivalent to purchasing a currency fund; it also has payment attributes, which is limited to purchasing products in Wealth Management, so don’t worry

The bank card limit allows you to directly purchase large amounts; the last function is about cash withdrawal, which can be withdrawn to the bank card for free.

1. Three functions of WeChat Balance+: 1. Transfer funds to WeChat Balance+, which means purchasing a currency fund.

There are 4 funds to choose from in one ***: China Fortune Treasure (China Fortune Treasure Currency A), E Fund Easy Financial (E Fund Easy Financial Currency), China Universal Quan Bao (China Universal Quan Bao Currency) and Southern Cash

Pass E.

2. When you find a great financial product in WeChat Financial Management and plan to buy it, you can pay with Balance+. Of course, you can also pay with a bank card; however, bank cards have payment limits, while Balance+ does not.

Even if it is 1 million, you can use it to pay as long as you have balance + money in it.

3. WeChat Balance+ is a financial management product, which is different from Lingqiantong. Funds in WeChat Balance+ can be withdrawn to bank cards for free, but because it belongs to a monetary fund, the daily quick withdrawal limit is only 10,000 yuan; if the fund limit is larger,

You can only choose ordinary withdrawal, there is no limit for ordinary withdrawal.

Operations are carried out before 15:00 on the trading day, and the funds are received before 24:00 on the next trading day.

2. How about WeChat balance + security?

Balance+ belongs to a money fund, and its security is the same as that of a money fund. There is basically no risk, and it is a capital-guaranteed financial management method.

But that doesn't mean there are no risks.

The bonds invested in default; in addition, when most users redeem at the same time, the fund will need a large amount of cash in the short term and sell bonds intensively, which may result in losses.

There are even some force majeure risks (natural disasters, wars, etc.) that will affect returns.

3. Are there any risks in depositing money?

There is risk in depositing money into Balance+, but the risk is very small, because it corresponds to the income of currency funds. The investment direction of currency funds belongs to the currency market, which has the characteristics of low risk and stable income. It is basically profitable to hold it for a long time.

The probability is very high, and the possibility of losing money is relatively small.

Monetary funds are the least risky among all types of funds. Although they do not guarantee principal or interest, they generally do not lose money. If you cannot accept any losses, then you can only deposit the money in a bank on a regular basis.

, the bank guarantees principal and interest on a regular basis, and the amount within 500,000 is protected by the bank deposit protection system.