Nowadays, many people prefer to keep their money in the bank for a fixed period of time, so that they can not only get a stable interest income, but also have a higher level of security.
However, there are also two forms of fixed deposits, one is without a book, and the other is with a book. So is there a big difference between the two? Many people don't know, so let's take a closer look.
1. The difference between fixed deposits without a book and a book
1. Fixed deposit without notebook
Fixed deposits without notebooks are also known as online banking time deposits or electronic time deposits. This deposit method does not have a paper certificate, but is carried out through mobile banking, which is fast and convenient, without going to the bank counter to handle it, and you can check your deposit information anytime and anywhere. However, this deposit method also hides certain security risks, such as account password theft, network security issues, etc.
2. Fixed deposit with a notebook
A fixed deposit with a notebook is also called a passbook or certificate of deposit. This type of deposit is more traditional, and the bank will give the depositor a paper passbook or deposit certificate, which records the depositor's deposit amount, deposit interest rate, deposit term and other deposit information. This deposit method is relatively safe because it has a solid certificate.
Second, how to choose
1. No book deposit is favored by young people
Don't go to the bank to queue up for a deposit without a book, you only need to handle it through mobile banking, and you can also check the funds through mobile banking, and carry out various transactions, which is very convenient to operate, so it is favored by many young people.
However, this deposit method has certain risks, especially for the elderly who are not familiar with the Internet, and it is easy to be deceived if they are not careful. At the same time, because it does not have any physical certificates, it usually does not have much concept of the transaction of account funds, and it is easy to have frequent consumption, so many young people become a member of the moonlight family, and there is also some relationship with the deposit without a book.
2. There are book deposits that are loved by the older generation
A fixed deposit with a notebook is a physical deposit certificate obtained by depositors who go to the bank counter to open an account, and various deposit information of depositors is recorded on it. Because this deposit method has a physical certificate, it can avoid the situation of information tampering, and can avoid information errors, giving people a greater sense of security, so this deposit method is the first choice for the older generation of deposits.
Depositors with a book of fixed deposits only need this identification and book, which can be operated in other cities or other branches, which is very convenient and can fundamentally ensure the safety of deposits. If you don't have a notebook or proof of identity, you won't be able to complete the withdrawal when you go to the bank. However, it also has some drawbacks, that is, no matter what business you handle, you need to go to the bank counter to handle it, so most young people are reluctant to choose a deposit method with a book, but for the elderly, this is the first choice to ensure the safety of deposits.
Conclusion: Through the above introduction, we must be clear that there is a difference between fixed deposits and no book, they all have their own advantages and disadvantages, for people who want to deposit, it will be a better choice to choose a book deposit, this deposit method will be safer. And because passbooks or certificates of deposit cannot be traded online, it is better to avoid impulsive consumption, better save money, and achieve asset appreciation.