Money from Yu'E Bao can be used for consumption payments and can be paid anytime and anywhere. You only need to change the payment method to Yu'E Bao payment when making a payment.

Not only can the money in Yu'e Bao be spent at any time, but there will also be a certain amount of income every day.

Extended information: Yu'e Bao is a balance value-added service and current fund management service product of Ant Financial, launched in June 2013.

Tianhong Fund is the fund manager of Yu’e Bao.

Yu'E Bao is connected to Yu'E Bao Monetary Fund under Tianhong Fund, which is characterized by easy operation, low threshold, zero handling fee, and can be withdrawn and used at any time.

In addition to financial management functions, Yu'e Bao can also be used directly for shopping, transfers, bill payments and other consumer payments. It is a cash management tool in the mobile Internet era.

At present, Yu'e Bao is still the largest monetary fund in China.

On May 3, 2018, Yu'e Bao newly added two currency fund products, "Bosera Cash Income Currency A" and "China Europe Gunqianbao Currency A" under Bosera and China Europe Fund Company.