Bank of China is one of the four major state-owned banks, and it is also the bank with the highest degree of internationalization among all banks in China, and its international business and foreign exchange management business are also the most advanced. In terms of operation, Bank of China is also taking the line of being close to the people. Many ordinary people like to keep their money in the Bank of China. Depositing your money in the Bank of China does not have to worry about any risk.
On December 13th, the new adjustment of the deposit interest of the Bank of China, let's take a look at how much interest can be if you deposit 300,000 yuan in the Bank of China for one year?
On December 13, Bank of China's latest demand deposit interest rate was 02%。Such a current interest rate means that if you put 10,000 yuan in the survival period, the interest for a year is only 20 yuan, which can be said to be low without any lower limit.
According to Bank of China 0The current interest rate of 2% is calculated, and the interest of 300,000 is only 300,000 020% 600 yuan, 300,000 yuan survival period for one year, interest is 600 yuan, do you dare to imagine?
For us ordinary people, a deposit of 300,000 yuan can be regarded as a large amount. But during the survival period, the interest for one year is only 600 yuan. In essence, the survival period can no longer be regarded as saving money, it can only be said that it is working for the bank in vain. In addition, let's not forget that the interest rate on bank deposits is constantly decreasing and is now 02%, and next year may even 02% is gone. Therefore, if you have spare money on weekdays, it is best not to store it in the current account.
On December 13, the latest fixed deposit interest rate table of Bank of China is as follows:
3 months term with interest rate 15%
6 months term with interest rate 17%
1-year term with interest rate 18%
2-year term with interest rate 21%
3-year term with interest rate 26%。
5-year term with interest rate 265%。
Bank of China, fixed one-year deposit, the interest rate is 18%。Put 300,000 yuan and save it for a fixed period of one year, and the interest due is:
300000×1.8% 5400 yuan.
The interest rate on fixed deposits is indeed not high. However, the advantage of regular term is that it is safe and the principal and interest are guaranteed. If you keep your money in a fixed period, it will be guaranteed by drought and flood. In particular, a large state-owned bank like the Bank of China has a very strong overall strength. There can never be a bank going bankrupt. As long as the state is there, the banks are there, and your deposits must be there.
As a bank worker, I recommend that you deposit for a fixed period. In the first half of this year, a client's fixed deposit matured. She has 100,000 yuan, a fixed deposit for one year, and more than 2,000 yuan in interest. However, this time she doesn't plan to save a fixed term anymore, and is ready to fry **. I persuaded her that people like her who don't know anything rashly went to fry **, and there was only one end: they were cut leeks. However, she had already made up her mind and could not persuade her. In the end, the principal of 100,000 yuan was all bought into ** products. Unexpectedly, in just one month, this customer hurriedly ran to our bank, and she said that in a month, she lost nearly 1,000 yuan. She couldn't bear it, so she quickly pulled out the money, and finally decided to save honestly.
For us ordinary people, the most important thing to save money is safety. If the principal is not safe, then no matter how high the interest rate is, it is meaningless.
On December 13th, Bank of China's latest interest rate table for large certificates of deposit came
The interest rate for one-month certificates of deposit is 160%。
The interest rate of the three-month large-denomination certificate of deposit is also 160%。
The interest rate for a six-month certificate of deposit is 180%。
The interest rate for one-year certificates of deposit is 190%。
The interest rate for two-year certificates of deposit is 215%。
Three-year certificates of deposit with an interest rate of 265%。
Deposit 300,000 yuan in the Bank of China for a year, of course, you can also buy a large deposit. You can take the 300,000 yuan to buy a one-year large-amount certificate of deposit, and the interest rate is 19%。The interest for one year is: 300000 19% 5700 yuan.
Through comparison, we can see that the interest of 300,000 yuan for a single year to buy a large amount of deposit is only 300 yuan higher than that of a fixed deposit, and it is not much higher.
We must keep in mind that any wealth management product of any bank is essentially "non-principal guaranteed floating income". Even if it is a prudent financial management, there is a possibility of principal loss at maturity.
At present, the expected return of prudent financial management is about 3% annualized. For the sake of this little more expected return, it is really not cost-effective to let the principal bear the risk.
We all go to bank outlets to buy wealth management products, and the yield introduced to us by the bank's wealth manager is the expected rate of return, which means that the expected return is for reference only. Since it is an expected return, there is a situation where it does not meet expectations.
Don't look at the expected return of 3%, the real return may be only 20%, or even only 10%。If you are unlucky, you will not receive a penny, and you may lose your principal.
Regarding government bonds, everyone should know that the interest rate of the latest treasury bonds in October is 263%, and the interest on the 5-year Treasury bond is 275%, but the maturity of treasury bonds is very inflexible, only 3 years and 5 years, and it is difficult to grab, if the principal is small, there is not much point in buying treasury bonds. In addition, if 200,000 yuan is only saved for 1 year, it is a way to buy treasury bonds, because treasury bonds are only 3 years and 5 years.
Deposits are voluntary, withdrawals are free, and deposits are interest-bearing", which is written in the "Commercial Bank Law", and the deposits are very safe. Many people on the Internet deliberately amplify some very rare cases of a very small number of banks, such as the loss of deposits in a certain bank, the bankruptcy of a certain bank, etc., causing distress and panic to many people, so don't believe it.
What I want to tell you is that each of us has a deposit insurance of 500,000 yuan in each bank, as long as the total principal and interest of the deposit does not exceed 500,000, and the bank will pay full compensation in case of business problems, and we will keep the money in the bank as safe. If the deposit principal exceeds 500,000, it is actually very simple, you can keep the money in different banks or separate them in different branches of the same bank in the name of family members and relatives.
In addition, the bankruptcy of China's banks is a statutory bankruptcy, a bankruptcy after approval, and the bank's deposits and loans are undertaken by other banks before they go bankrupt.
Depositors who are concerned about bank interest rates should know that so far this year, there have been two interest rate cuts. And, according to some authoritative sources, it is possible that there will be another rate cut this year next year.
Therefore, interest rate cuts will certainly be the mainstream trend for the foreseeable future. Deposit rates are low today and will only be lower in the future.
So, if you have money in your hand, don't hesitate to save it as soon as possible. It's possible that just a few days after you watched the bank cut interest rates again. For the same deposit amount, you have to get a lot less interest income a year.