Recently, many small banks have started to start the good start again, and during the opening activity, the major banks have crossed the sea to show their magic in order to absorb deposits.
Judging from the actual situation, there are two main weapons for major banks to absorb deposits.
The first weapon is to raise the interest rate on deposits.
Recently, many small banks have raised their deposit interest rates, and many interest rates are between 10 BP and 50 BP more than usual, after this round of interest rate increases, many small banks can give more than 3% of the three-year fixed interest rate, and some small banks can even give more than 3.5%.
If the amount of deposits is relatively high, and the term of the deposit is relatively long, some small banks can even give an interest rate of more than 4%.
For example, during this period of time, a bank in Anhui Province has launched some special deposits, these characteristic deposits for 6 months, one-year fixed and three-year fixed interest rates are given to 3%, if it is a new user, and the deposit amount reaches more than 50,000 yuan, there will be a 2% interest rate hike coupon, after adding up the two parts, the actual interest is as high as 6% per month.
In addition to this bank, in fact, some small banks have raised interest rates in recent times, especially village and township banks, credit cooperatives and rural commercial banks, and the actual deposit interest rate of many banks can be given between 3.5% ~ 4%.
The second sharpest weapon, deposit gifts.
In addition to raising the deposit interest rate, one of the most common tools for banks to absorb deposits is to give gifts, and banks will give different gifts according to different deposit amounts, such as oil, rice, pots and pans, sweepers, etc.
Some banks are more generous, but also directly send electric vehicles, and some small banks to send electric vehicles The threshold is relatively low, and some small banks only need to deposit more than 50,000 yuan for 5 years to give away electric vehicles.
Seeing this, many users are excited, even if they borrow money, they have to deposit it in the bank, and then exchange it for an electric car, after all, compared to the deposit interest, electric vehicles do have great temptation.
Let's take a simple example, the current bank's 5-year fixed deposit interest rate is about 3.5%~4%, we will calculate it at 4%, which means that the interest of 50,000 yuan a year is only 2,000 yuan, but the price of an ordinary electric car may reach about 2,000 yuan, which is quite an extra year of income from the bank, which is very attractive.
But is this kind of deposit to give away electric vehicles safe, and are there any potential risks?
It is recommended that when you go to the bank to make a deposit, you must keep your eyes open to distinguish whether these so-called deposits are real deposits, or wealth management products or insurance products.
At present, the interest rate on bank deposits is relatively low, and banks are facing large interest rate spread pressure, I estimate that the vast majority of banks are unlikely to deposit 30,000 50,000 yuan to give away electric vehicles immediately, and it is impossible for banks to do loss-making business.
Judging from the actual situation, this kind of product that saves 30,000 50,000 yuan and gives away electric vehicles is most likely to be bank wealth management products or insurance products.
However, some informal banks will package these wealth management products or insurance products as deposits, and do not inform customers of the potential risks.
For example, some small bank outlets may package insurance products as 5-year fixed deposits, which require customers to deposit once a year, and deposit 10,000 yuan per year for 5 consecutive years will give away electric vehicles, which is obviously an insurance product rather than a deposit, because deposits cannot be paid annually, basically a one-time deposit, and only insurance needs to be paid once a year.
These wealth management products or insurance products are fundamentally different from deposits, the deposit is guaranteed principal and interest, and how much interest can be obtained can be accurately calculated at the time of deposit, and within 500,000 yuan is protected by the deposit insurance regulations, there will be no risk.
However, whether it is a wealth management product or an insurance product, it is not guaranteed principal and interest, and how much income can be obtained in the end depends on the performance of the investment institution itself.
Therefore, when you go to the bank to make a deposit, don't be blinded by the bank's sugar-coated shells, and don't feel that you are grateful for giving away an electric car when you deposit money, because the potential risk is relatively large.
Take the 5-year insurance product as an example, this is generally a participating insurance, the customer needs to pay once a year, but the final income should be linked to the investment of the insurance company, if the investment is good, you will get income, if the investment is not good, there may be a loss of principal.
The most important thing is that this insurance product can be withdrawn in advance like a deposit, if you have an urgent matter to get the money back, then even if you surrender the policy, the insurance company will not refund the full amount when you surrender the policy, but calculate it according to the cash value.
As for the cash value, it is linked to the number of years of insurance, and the shorter the purchase period, the lower the cash value. For example, if you buy an insurance product of 10,000 yuan, and wait until a year later, you find out if you want to redeem the money with your deposit, and the money you get back in the end may only be between 2,000 yuan and 5,000 yuan, which is at least 50% of the loss, which is very cost-effective.
It is also recommended that you do not be easily "bought" by some generous gifts from the bank, and when you go to make a deposit, you must keep your eyes open to distinguish whether it is a real deposit or an insurance product or a wealth management product, and do not take greater risks in the future for the sake of temporary cheapness.