Today is September 22nd, Bank of China, as one of the six state-owned banks, has strong strength and business outlets all over the country. In addition, the Bank of China is also responsible for the settlement of all foreign exchange operations in the mainland. It is the bank with the largest business authority among all commercial banks.
As an old state-owned bank, it is well-known and safe to save money. Many depositors like to keep their money in the Bank of China.
Let's take a look, if you deposit 40,000 yuan in the Bank of China for three years, how much interest can you have?
Put 40,000 yuan in the Bank of China for three years, how much interest income?
1 . current
Bank of China, the interest rate on demand deposits is only 0.20% annualized. This interest rate is hereby low, 10,000 yuan in the survival period, the interest of one year is only 20 yuan.
Put 40,000 yuan, in the survival period, one year's interest is:
40,000×0.20% = 80 yuan
There is interest of 80 yuan a year, and according to this interest rate, the total interest for three years is only 240 yuan. However, there is one more thing to be aware of. It is the interest rate on bank deposits, which is falling every year. This year alone, there have been two massive rate cuts.
Therefore, if it is really 40,000 yuan, the survival period is three years, and the interest probability is less than 240 yuan.
Through calculations, you can see that the interest rate of demand deposits is really outrageously low. Therefore, if you have spare money on weekdays, don't keep it in the current period. When you keep your money alive, you're just working for the bank.
2 . regular
Bank of China, regular one-year interest rate, is 1.80% annualized. Put 40,000 yuan, save it for one year, and the interest at maturity is:
40,000×1.80% = 720 yuan
There is interest of 720 yuan a year, and the total interest of three years is 2160 yuan. However, we also need to take into account that the interest rate on bank deposits falls every year.
This year's regular one-year interest rate is 1.80%, and next year, it may only be 1.70%. In the year after that, there may not even be 1.60%.
This kind of deposit is fixed for one year, and then rolled over year by year, and the interest is destined to be less than one year. The total interest for three years is definitely less than $2,160.
Bank of China, the interest rate for three years is 2.60% annualized. Put 40,000 yuan, save it for three years at one time, and the maturity interest is:
The advantage of depositing a three-year deposit at one time is that within three years, there is no need to worry about bank interest rate cuts. Even if the bank interest rate drops to zero and falls to negative, you will take as much interest as you should at maturity.
Through the calculation results, it can also be seen that the same 40,000 yuan is saved for three years. A one-time deposit for three years, which is more than a year-by-year transfer, takes 3120-2160 = 960 yuan more interest.
Therefore, when you save regularly in the future, if you can ensure that you do not use money for the next three years, you must save for three years at once. The interest rate is higher, and the trouble interest is a little more.
3 . Large certificates of deposit
Bank of China, the interest rates for large certificates of deposit are as follows:
One-year certificate of deposit with an interest rate of 1.90%. It is 0.10% higher than the one-year regular interest rate.
Three-year certificate of deposit with an interest rate of 2.65%. It is 0.05% higher than the three-year regular interest rate.
Buying a large deposit certificate is obviously more cost-effective than depositing a period. Moreover, large certificates of deposit are also deposits and are protected by law. Even if the bank goes bankrupt, as long as the amount does not exceed 500,000, it will be fully compensated.
However, there is a threshold for large certificates of deposit, requiring a minimum of 200,000 yuan to purchase. If there is only 40,000 yuan, it is really difficult for a woman to cook without rice.
4 . Save government bonds
Put 40,000 yuan in the Bank of China for three years, and you can also buy savings treasury bonds. The latest issue of savings treasury bonds is a certificate-type treasury bond, and the interest is settled at maturity in one lump sum.
For three-year government bonds, the interest rate is 2.85% annualized.
Put 40,000 yuan to buy three-year treasury bonds, and the interest for three years is:
The interest rate on savings bonds is higher than that of time deposits and certificates of deposit.
In addition, savings bonds are also very flexible. If you encounter an emergency in the middle and need to use money, if you withdraw it in advance, you can also rely on the file to calculate interest.
Savings treasury bonds, holding time:
Less than 6 months, early withdrawal, no settlement interest.
6 months old, less than 24 months. Withdraw in advance, settle at the coupon rate, and deduct 180 days of interest.
24 months old, less than 36 months. Withdrawals are made in advance, settled at the coupon rate, minus 90 days' interest.
Over 36 months, less than 60 months. Withdraw in advance, settle at the coupon rate, and deduct 60 days' interest.
The only deficiency of savings bonds is that they are only sold once a month. Also, the quota is limited each time, so you need to snap it up. If you can't buy it this time, you can only wait another month.
Put 40,000 yuan, buy wealth management products, what is the income in three years?
Many people like to buy wealth management products, especially prudent financial management. The risks are controllable and the returns are not bad. At present, the expected return of prudent financial management is about 3.5% annualized.
Put 40,000 yuan, buy stable financial management, the expected return of a year is:
40,000×3.5% = 1400 yuan
There is an income of 1400 yuan a year, and according to this income, the total income in three years is 4200 yuan. This income of wealth management products is much higher than that of fixed-term and large-sum certificates of deposit and savings bonds.
However, everyone should also see clearly that this income of wealth management products is only an expected return.
What is "expected return"?
It is for reference only. The actual benefits of the possible maturity period have met expectations. It is also possible that the actual return at maturity is much worse than expected. It is also possible that there is no penny gain at maturity, and there is still a loss of principal.
If you take the expected return of wealth management products as the actual return at maturity, you will end up miserable. It is likely that when you buy wealth management products, how sweet you smile. When you withdraw money at maturity, you will cry miserably.
Financial management is risky, and investment needs to be cautious. People who do not have the ability to tolerate risk must stay away from financial products.
Bank of China, as an old state-owned bank, one of the biggest advantages is that you can keep your money in it without worrying about the bankruptcy and collapse of the bank. As long as you do not buy risky wealth management products, your deposit is absolutely guaranteed with capital and interest.
In addition, Bank of China's business outlets are also all over the country. You deposit money in the Bank of China, no matter where you go, it is very convenient to deposit and withdraw money.
Saving money is safe, and it is easy to deposit and withdraw money. We ordinary people, depositing money in the Bank of China, is a very good choice.