On December 18, the new adjustment of the deposit interest of China Construction Bank: how to calculate the interest of 40,000 yuan for two years?On December 18th, we came to China Construction Bank, a powerful state-owned bank with outlets all over the country, providing convenient services to depositors across the country. CCB ranks second on the Forbes list of global banks, second only to a bank known as the "largest bank in the universe".
As a major state-owned bank, CCB is naturally well-known and reassuring in terms of security. As a result, many depositors are willing to deposit their funds with CCB, enjoying the peace of mind while also looking forward to the interest yield.
So, if we deposit 40,000 yuan in CCB for two years, how much interest will it be?First, let's look at demand deposits.
Here, I would like to remind everyone that putting money into a demand deposit is undoubtedly the act of a big fool. The interest rate of demand deposits is like a piece of thin paper, light and fluttering, without any sense of heaviness. If you keep your money in a current account for a long time, it will be like throwing money into a bottomless black hole.
At present, CCB's demand deposit interest rate is 020%, which is basically the same interest rate as other large state-owned banks. Then, if you deposit 40,000 yuan into CCB for a current account, the interest for one year is:
40,000 020% $80.
For only 80 yuan, this is the fruit of your labor for the bank, and this result is even more meager in two years. And please note that the interest rate on bank deposits is constantly decreasing, and the interest rate will definitely not reach 80 yuan after two years.
Although demand deposits are safe and interest-preserving, should we risk long-term idleness for the sake of this meager interest?After all, the income from interest is also a part of the value of our money. Therefore, choosing the right deposit method can not only ensure the safety of funds, but also obtain considerable returns, which is a wise move for us as smart people.
Here, I would like to make a special mention of those savers who like to put their money in a fixed term. They are down-to-earth, pragmatic people in life. Deposit time, simple, direct, no routines, no traps. All you need to do is protect your passbook (or certificate of deposit) and password, and then you can rest easy.
With this fixed deposit, you don't need to worry about anything, just wait for the maturity and go to the bank to withdraw the interest. For some people, they are more "pursuing", they don't look down on fixed deposits, and even think that savers who like to save fixed deposits are old antiques. They take the money to speculate on ** and tickets, and pursue higher returns.
But what are the facts?These people tossed for many years, and as a result, they did not earn a penny, and even lost their principal a lot. And those who save a fixed term can get the interest from the bank every year steadily, without any risk.
This comparison is obvious: people who like to save a fixed period are antiques, and they are clearly wise and foolish.
Then, deposit 40,000 yuan in CCB for two years, and you can choose to save for two years. The annualized interest rate is 210%, the interest for two years at maturity is: 40,000 210% 2 1680 yuan.
The advantage of a two-year deposit period is that you don't need to worry about the bank cutting interest rates during these two years. No matter how interest rates fall, there will never be a penny less interest at maturity. However, if you need to use the money in the middle of the deposit, all the interest will be settled at the current interest rate if you withdraw it early.
Another option is to deposit 40,000 yuan in CCB for two years, and you can choose to deposit for a fixed period of one year, and then transfer it over for another year after maturity.
This approach ensures financial flexibility. At present, the interest rate of CCB's one-year fixed deposit is 180%。If you put 40,000 yuan in a fixed period of one year, the interest for one year at maturity is: 40,000 180% 720 RMB.
The interest of the fixed deposit for one year is 720 yuan, and if it is calculated according to this interest rate, the total interest for two years will be 1440 yuan. However, the interest rate on our bank deposits is falling every year. If you roll over the deposit year by year, the interest will definitely decrease year by year. So the total interest for two years is definitely not 1440 yuan.
A lump sum deposit for two years can ensure two years of interest income, but the disadvantage is that the term is longer and the flexibility is relatively poor. If you need to use the money in the middle of the way and withdraw it early, all the regular interest will be lost, and the time saved before will be donated to the bank free of charge.
If you choose the method of rolling over year by year, the advantage is that it is more flexible. But the downside is that interest rates are relatively low and vulnerable to rate cuts.
Therefore, when choosing a fixed deposit, you should choose the most suitable term according to your actual situation. If you are sure that you will not need the money for two years, you can choose to deposit it for a fixed period of two years to maximize your interest. If you're not sure if you'll need the money in the future, it's best to keep it back year by year to stay in a more secure state.
For large-denomination certificates of deposit, although the purchase threshold is high, it is relatively safe and profitable, and can be transferred halfway. If you have a large amount of deposit, it is recommended to consider purchasing a large amount of CD.
Savings bonds are a very people-friendly choice, with almost no threshold, and can be purchased at as little as 100 yuan. The latest savings treasury bonds are certificate-type treasury bonds, and the interest will be settled in a lump sum after maturity. The interest rate on the three-year Treasury bond is 263%。If 40,000 yuan is deposited into the three-year savings bond of China Construction Bank, the interest after maturity is 3,156 yuan. The interest rate of savings bonds is higher than that of time deposits, and the interest can be calculated by the tranche when withdrawn in advance. If you do not have a large amount of funds on hand and can not use them for a long time, it is recommended to consider purchasing savings bonds.
In short, CCB, as a veteran state-owned bank, has strong strength. The biggest advantage of depositing money in CCB is that you don't have to worry about the bank going bankrupt. In addition, CCB's business outlets are all over the country, making it very convenient to deposit and withdraw funds. For ordinary people, depositing money in CCB is a very good choice.