Bank "fixed deposit", where is the "gap" between having a book and not having a book? Savers need to know"Bank deposit" is a concept that is both familiar and unfamiliar to most people. Familiarity is because each of us may have had the experience of depositing; Unfamiliar because we may not fully understand the details and doorways of deposits. Today, let's talk about an important topic in bank deposits: the "gap" between having a book and not having a book.
We have to be clear, what does "with a book" and "without a book" mean?
The "with a book" and "without a book" here actually refer to the problem of proof of deposit. In our traditional concept, when we go to the bank to make a deposit, the bank will open a deposit certificate for us, which is a "book". This "book" records our deposit information on the one hand, and our financial credit certificates on the other hand. The "no book" refers to the online deposit products of some banks, which do not require physical passbooks, and are all operated through the network, which is convenient and fast.
So, where is the "gap" between "having a book" and "not having a book"?
1.Problems with proof of deposit.
There is usually a physical passbook with a physical passbook on which our deposit information is recorded, including the deposit amount, deposit time, interest rate, etc. This passbook can be used as our financial credit voucher and can help our credit rating.
For deposits without a book, because there is no physical passbook, the deposit certificate cannot be provided. This may have an impact on our credit rating. However, with the development of technology, this is gradually changing. Some banks have started to introduce online certificates of deposit, which can be viewed and printed on mobile phones.
2.The issue of deposit interest rates.
Generally speaking, the interest rate of the deposit of "with a book" will be slightly higher than the interest rate of the deposit of "without a book". This is because deposits with "books" usually have a certain period of time, while deposits without books are more flexible and can be accessed at any time.
However, the specific interest rate still depends on the policies and market conditions of each bank. Some banks may offer some preferential activities for deposits with "books", such as giving gifts or offering higher interest rates.
3.Flexibility in deposits.
There is a book", which usually has a certain period, such as three months, six months, one year, etc. During the deposit period, we cannot withdraw the deposit, otherwise there will be a certain loss.
Deposits without books, on the other hand, are usually more flexible and can be accessed at any time because of the convenience of network operations. This gives us more options and convenience.
The above is the "gap" between "having a book" and "not having a book". However, with the development of technology and financial innovation, these "gaps" are gradually narrowing. For example, some banks have begun to launch a combination of online and offline deposit products, which not only retain physical passbooks, but also provide the convenience of online operations. Therefore, when depositors choose deposit products, they should choose the most suitable product according to their needs and preferences.
There is also an important issue here, and that is the security of the deposit. Regardless of whether we have a book or a book, we must choose a regular bank and a safe deposit product to ensure the safety of our deposits. Therefore, savers must be cautious when choosing deposit products, and do not blindly pursue high interest rates and ignore risks.
Conclusion: The "time deposit" of the bank has a "gap" between a book and a book, which is mainly reflected in the deposit certificate, deposit interest rate and deposit flexibility. When choosing a deposit product, savers should choose the most suitable product according to their needs and preferences. At the same time, you must pay attention to the safety of your deposits, choose regular banks and safe deposit products. So, what other issues do depositors need to pay attention to when choosing deposit products? We'll talk next time.