Today is December 7, Industrial and Commercial Bank of China, as one of the six state-owned banks, has strong strength and business outlets all over the country. In addition, ICBC has always ranked first in the world on the Forbes list of global banks, and is truly the "largest bank in the universe".
The big state-owned banks are well-known and safe to save money. Many depositors like to keep their money in ICBC.
Let's take a look, how much interest can be paid if you deposit 40,000 yuan in ICBC for three years?
If I deposit 40,000 yuan in ICBC for three years, how much interest income will I have?
1 . current
For demand deposits, remind all depositors: whoever puts the money in the survival period is a big fool.
Because the interest rate on demand deposits, all banks, are particularly low. This interest rate is low, or the outrageously low kind.
At present, the interest rate of demand deposits in ICBC is only 0.20% per annum. Put 40,000 yuan, in the survival period, one year's interest is:
40,000×0.20%=80 yuan
In the life period of 40,000 yuan, the interest for one year is only 80 yuan. According to this interest rate, even if you save for three years, the interest will only be 240 yuan.
This can no longer be called saving money, that is, taking your own money and working for the bank.
Demand deposits are safe and flexible. However, we can't save money as long as it's safe and don't want any interest. The survival period of money is "money is stupid", we must not do this kind of stupid thing.
2 . regular
Fixed deposits are principal and interest guaranteed, and many depositors like to keep their money in fixed deposits. In particular, some middle-aged and elderly depositors basically save money only as term deposits.
For this group of people who like to save a fixed term, we must praise it: all savers who like to put their money in the fixed term must be down-to-earth and very pragmatic people in life.
Because the deposit period is very simple, there is no routine. You can rest easy when you deposit your money for a fixed period of time, put away your passbook (or certificate of deposit), and protect your password. Don't worry about anything, you should work, you should live. Just wait for the maturity and go to the bank to withdraw the principal and interest.
Others, on the other hand, are more "smart". They never save time deposits, and they don't like time deposits very much. Instead, they went to buy wealth management products, speculate in funds, stocks, etc.
These people want to make a lot of money through "financial management". But what about the result?
As it turned out, the idea was really overthought. Many people have been tossing for many years, not to mention that they have not earned a penny, and the principal has lost a mess.
This is all a blind toss, it is really better to keep the money in the regular term, and then get the interest every year safely and steadily It is more cost-effective.
Deposit 40,000 yuan in ICBC for three years, and you can choose to deposit it for three years at a time. The interest rate is 2.60% per annum, and the interest at maturity for three years is:
40,000×2.60%×3=3,120 yuan
Everyone should know that the current mainstream trend of interest rates on bank deposits is to cut interest rates. It is already difficult to find a deposit that reaches an annualized rate of 3.0%.
The three-year term interest rate of 2.60% is already very good. It can also play a good role in maintaining and increasing the value of money.
However, while the interest rate for a fixed three-year period is good, it is less flexible. After all, three years is a long time. In the unlikely event that you use the money in the middle of the deposit and withdraw it in advance, all the interest will be settled at the current interest rate.
Deposit 40,000 yuan in ICBC for three years, or you can choose to deposit it for one year. After the expiration of the term, it will be rolled over for another year.
ICBC, fixed one-year deposit, the interest rate is 1.80% per annum. Put 40,000 yuan, save it for a fixed period of one year, and the interest for one year at maturity is:
4万×1.80%＝720元
The interest of the fixed deposit for one year is 720 yuan, so according to this interest rate, the total interest for three years is 2160 yuan.
However, the interest rate on our bank deposits is falling every year. If you redeposit every year, the interest will definitely be less and less every year. The total interest for those three years is not 2,160 yuan.
The advantage of a one-time deposit for three years is that the interest rate is relatively high. The same is 40,000 yuan, saved for three years. A one-time deposit for three years is more than a year-to-year redeposit, and the interest is 3120-2160 = 960 yuan.
The disadvantage is that the deadline is relatively long and the flexibility is relatively poor. In the unlikely event that you use the money in the middle of the deposit and withdraw it in advance, all the interest will be settled at the current interest rate.
If you roll over the deposit every year, the advantage is that the term is short and the flexibility is better. The disadvantage is that the interest rate is relatively low, and if you turn over the deposit year by year, the interest will be less and less every year.
Therefore, when you save a fixed term in the future, don't blindly follow the trend. Choose the most suitable period according to your actual situation. If you are sure that the money can not be used for three years, then save it for three years at a time. If you are not sure whether the money will be used in three years, it is more secure to transfer it year by year.
3 . Savings Treasury bonds
If you deposit 40,000 yuan in ICBC for three years, you can also choose to buy savings treasury bonds.
Many people have a misconception about national debt. They know that savings bonds are good, and they may have bought them. However, it was not purchased. So I thought in my heart that ordinary people would not be able to buy savings treasury bonds at all.
Actually, this idea is wrong. The amount of each installment of savings bonds is indeed limited. However, with the preparation, it is easy to buy.
First of all, you have to go to the state-owned big bank. Because the large state-owned banks get a high quota, it is easier to buy.
Secondly, you have to save your money in advance, and you have to go to the bank a little earlier. Savings bonds are sold at 8:30 a.m. on the 10th of each month. You're going to be in the bank by half-past eight.
With these preparations, it will be easy to buy savings bonds.
The latest issue of savings treasury bonds is a certificate-type treasury bond, and the interest will be settled in a lump sum at maturity.
The interest rate on the three-year Treasury bond is 2.63% per annum.
If you buy a three-year treasury bond for 40,000 yuan, the interest for three years at maturity is:
40,000×2.63%×3=3,156 yuan
The interest rate on savings bonds is higher than that on fixed deposits. Moreover, there is no amount threshold, and the minimum purchase is only 100 yuan. If you withdraw it in advance, you can also rely on the file to calculate interest according to how long you have been saving.
For money that has not been used for a long time, it is really recommended that everyone buy savings bonds.
summary
Industrial and Commercial Bank of China, as a veteran state-owned bank, is known as the "largest bank in the universe" and has strong strength. The biggest advantage of keeping money in ICBC is that you never have to worry that the bank will go bankrupt.
Moreover, ICBC's business outlets are also all over the country. No matter where you go, it is very convenient to deposit and withdraw money.
We ordinary people, it is a very good choice to deposit money in ICBC.