Recently, large state-owned banks such as Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank have successively lowered their deposit interest rates, which means that our deposit interest is getting smaller and smaller. Repeated interest rate cuts have reduced the interest on our deposits a lot, such as a three-year deposit of 100,000 yuan will reduce the interest of 750 yuan. And this is already the third round of "interest rate cuts" this year, and it is possible that it will continue to be lowered. In order to support the development of the real economy, banks reduce interest rates to reduce the pressure on corporate loans, but this requires reducing the interest on deposits in order to form a difference with the loan interest. Although we people like to save money, the trend of interest rate cuts means that the interest on deposits will be less and less in the future. So how do we defend our purse strings?
In the event of a decrease in interest on the deposit, we may consider making other investments. Savings insurance and bonds** are two common options. Not only can deposits bring low risk and stability, but other investments can achieve similar results. Comparing the three products, we find some interesting results. The bank term rate drops to 1 after 3 years95%, the advantage is that deposits below 500,000 have a lower risk. The disadvantage is that deposits higher than 500,000 have a certain risk, and the interest is constantly decreasing. The average annual rate of return of savings insurance is about 35%, although the return is relatively high and the risk is low, it is necessary to pay continuously for a period of time to obtain a significant profit, and it is not possible to withdraw the funds of the savings part during the payment period. In contrast, bonds** on Alipay can provide continuous positive returns with a yield of 258% to 4between 98%. These** are primarily invested in the highest grade AAA bonds, and funds can also be withdrawn at any time, providing greater flexibility than deposit and savings insurance.
There are additional privileges for users with Alipay wealth black cards. Black card users enjoy special discounts when purchasing wealth management products, such as a free cash withdrawal limit of up to 300,000 yuan, and a discount of 1% on the rate. This means that when you buy a 100,000 yuan wealth management product, you can save 1,350 yuan in fees. In addition, Black Card also provides thoughtful services, such as interpretation of major news for position products, interpretation of macro policies and industry dynamics, etc., to help users make better investment decisions. On the whole, the comprehensive rights and interests of black cards can be comparable to or even exceed the private banking services of many banks, especially suitable for high-end customers with asset allocation needs of less than 6 million yuan.
1. The background of the decrease in deposit interest
Recently, many state-owned banks in China have lowered their deposit interest rates, resulting in a gradual decrease in deposit interest. This move was made to support the development of the real economy and reduce the interest rate on corporate loans, but it had a negative impact on depositors. The reduction in the interest on deposits means that our deposit returns are getting smaller and smaller, which is a big blow to those who rely on deposits to maintain and increase their value.
2. Other investment options
In addition to deposits, there are many other ways to invest. Savings insurance and bonds** are relatively safe investment products with low risk and stable returns. Savings insurance is about 3Around 5%, although the income is relatively high, it needs to be paid continuously for a period of time to obtain a considerable profit. In addition, savings insurance cannot withdraw part of the savings during the payment period, which may not be suitable for people who need funds urgently. The interest rate of bonds is 258% to 4Between 98%, they mainly invest in the highest grade AAA bonds, which are more stable, can be withdrawn at any time, and are relatively more flexible.
3. The privilege of Alipay wealth black card
If you are an Alipay Wealth Black Card user, then you will enjoy more privileges. Especially when purchasing wealth management products, black card users can withdraw 300,000 yuan for free, because the rate discount is 1%, which is equivalent to saving a considerable part of the handling fee. In addition, the black card also provides a series of additional services, such as news interpretation of position products, interpretation of macro policies and industry dynamics, etc., to help users make better investment decisions. On the whole, the rights and interests of the black card are not inferior to the private banking services of the bank of 6 million yuan, which is a good choice for users with asset allocation needs.
First, the reduction of deposit interest has become a major trend, and we must actively look for other investment methods to maintain and increase value.
Second, savings insurance and bonds** are two relatively safe and stable investment options, and you can consider allocating some of your funds to these products.
Third, for users with Alipay wealth black cards, they can enjoy more privileges and discounts, such as free withdrawals and services to assist investment decisions, which are more suitable for people with certain asset allocation needs.
In the ever-changing economic environment, we need to adjust our investment strategies in time to find better investment opportunities. Although the reduction in deposit interest has affected our wallets to a certain extent, as long as we have the right investment philosophy and positive actions, we can still protect our wealth and achieve financial freedom. I hope this article will inspire you and arouse your attention and thinking about money bags.