Many elderly people have the habit of keeping time deposits in banks. Many of them will choose to use passbooks as a medium, of course, some elderly people will deposit time deposits in bank cards. So when the elderly save money, is it better to use a bank card or a passbook?
Advantages and disadvantages of bank cards
The outstanding advantage of bank cards is convenience, if the elderly download the mobile banking of the card-holding bank in their mobile phones, they can carry out regular conversion operations through mobile banking. At this time, if you want to withdraw money, you can directly go to the 24-hour ATM to withdraw money, without being limited by the bank's commuting time. At the same time, if you want to save after having spare money, you can also transfer the money through mobile banking to regular periods, which can help the elderly reduce a lot of trouble in running the bank.
But bank cards also have security disadvantages, that is, sometimes, some people may just answer a phone call, and then in the other party's words, the money is confused into a current period, and then transferred. Or sometimes you receive a text message with a link claiming that the account is at risk, you need to change your password, and there is a link attached to it, or you may cause property damage because you click on the link.
Advantages and disadvantages of passbooks
The advantage of the passbook is that it is paper, even if the mobile phone is dead, you can hold the passbook to read. And the passbook can record a lot of fund change records, which can help some elderly people with bad memories grasp and recall the changes in funds.
In addition, since the passbook itself cannot be transferred like a bank card, it will be safer in the face of wire fraud. Even if some elderly people answer the phone and believe, when they go to the bank to withdraw money with their passbooks, they may be stopped by some abnormal behavior that attracts the attention of the bank staff.
However, the deposit and withdrawal of passbooks is greatly affected by the bank's commuting time. And sometimes if the elderly are not convenient to handle business, such as it is not convenient to walk, or lose consciousness and urgently need to withdraw money for treatment, and need to let their children withdraw money, at this time may need a variety of documents and procedures, which is more troublesome.
What way is suitable for the elderly
So what is the right way for the elderly? In fact, this depends on the situation of the elderly.
When the elderly are completely able to take care of themselves, can accept smart phones well, and have a certain sense of financial risks, it is more convenient to exist in the bank card at this time.
If the elderly cannot take care of themselves, but have reliable children who can be trusted, in order to facilitate the children to smoothly withdraw money for treatment in the event of an accident, it is also more cost-effective to use a bank card.
However, if the elderly cannot play with smart phones, lack basic vigilance, or children are not very reliable, and may misappropriate the elderly's money for other purposes, it is still recommended to store the money in the passbook.
However, although time deposits are a more cost-effective way to manage funds, it is not recommended to keep all funds in time deposits, after all, today's deposit interest rates have been greatly reduced after many reductions, and there is still a possibility of downward movement in the future. If the elderly have longevity genes, in order to prevent the purchasing power of funds from declining with inflation, it is recommended to manage most of the funds through traditional methods such as time deposits, and some other value-added methods can be appropriately introduced. For example, with the help of some foreign trade economic platforms strongly supported by policies, such as consignment sales, 100,000 yuan will get a profit of 1,000 yuan per month.
In short, some elderly people use bank cards to deposit time deposits, while some use passbooks are better, which is closely related to the different situations of the elderly. Isn't it?