For a long time, ICBC has been known as "the largest bank in the universe" by the outside world due to its huge size and almost invincible asset scale. The reason why ordinary people like to deposit their money in ICBC is mainly because ICBC has a high level of security. At the same time, ICBC has a wide range of physical outlets. However, since the beginning of this year, ICBC, like other state-owned banks, has lowered its deposit interest rate several times in a row, and near the end of the year, ICBC's deposit interest rate has been newly adjusted.
In the face of the continuous decline in the interest rate on ICBC's deposits, some depositors have recently asked: If 300,000 yuan is deposited for two years, what will be the interest rate of ICBC? In fact, ICBC's deposits are divided into three categories: 1. demand deposits; 2. fixed deposits; and 3. large-amount certificates of deposit. Let's break it down:
First, demand deposits
At present, ICBC, like other state-owned banks, has a demand deposit interest rate of 0.2%. If a depositor deposits 300,000 yuan into a demand deposit with ICBC, he can only get 600 yuan of interest after one year, and only 1,200 yuan after two years. This is certainly a disadvantage for savers. Therefore, we recommend that as long as the deposit exceeds 30,000 yuan, do not deposit for the survival period.
Of course, if the depositor wants to use this money at any time, he can also save for 3 months, and the interest rate is much higher than that of the current account. It is worth mentioning that for banks, if depositors deposit their money during the lifetime period, then the bank's deposit and loan spreads can widen, and the bank's performance will be significantly improved. Therefore, banks are happy to see depositors live on their deposits.
Second, fixed deposits
According to the latest fixed deposit interest rate of ICBC, the 1-year deposit interest rate is 1.8%, and the 2-year deposit interest rate is 2.1%, if the depositor saves 300,000 yuan for 2 years, then he can get 300,000 Х2.1% Х2 = 12,600 yuan of interest. The interest income of the 2-year deposit is 1,800 yuan more than that of the 1-year deposit.
What's more, the interest rate of bank deposits is now showing a downward trend, and if depositors deposit for 2 years, they can lock in the interest income for the next 2 years. Of course, the interest rate of a 3-year deposit is 2.60%, which is higher than the interest rate of a 2-year fixed deposit, but the liquidity of a 3-year deposit is poor. In case the depositor needs to use the money during the period, it will be calculated as the current deposit interest rate.
Third, large-denomination certificates of deposit
Since the beginning of this year, the number of large-denomination certificates of deposit issued by banks has become less and less, and the interest rate of large-denomination certificates of deposit is not much better than that of fixed deposits. Even so, as long as ICBC's large-denomination certificates of deposit are launched, they will be snapped up immediately.
From the current point of view, the interest rate of ICBC's large-amount certificates of deposit is only 2.15%, and if depositors save 300,000 yuan for 2 years, they can get 300,000 Х2.15%Х2 = 12,900 yuan of interest. Of course, the biggest advantage of large certificates of deposit is that they are transferable. If the depositor wants to withdraw the money halfway, he can sell it in the market, although the interest income is not as high as the original maturity, but at least he can avoid early withdrawal and calculate the current deposit interest rate.
Since the beginning of this year, ICBC has lowered its deposit interest rate several times in a row. As a result, some depositors have raised the question of how much interest they can get from depositing 300,000 yuan for two years? In this regard, we believe that the interest obtained by different types of deposits is completely different. If it is a demand deposit interest rate, it will only be 1,200 yuan of interest income in 2 years. If it is a fixed deposit, you can get 12,600 yuan after 2 years. Of course, if you can buy a large certificate of deposit, you can get 12,900 yuan after 2 years. Therefore, if depositors have the opportunity to buy large certificates of deposit, they should try their best to fight for them.