Hello everyone, I am Nobita. Today I want to take you into the process of fixed deposits. Many people in life choose this method when saving money because the interest rate will be higher.
has a regular period of one year, three years, five years or even longer. The longer you save, the more money you can make, but should you withdraw the deposit after maturity?
If you also have fixed deposits in the bank, then today I will explain to you whether to withdraw the deposit after maturity. Just pay attention to 3 key points.
If you don’t pay attention, there will be no interest in a year. You will work for the bank for nothing, especially those with large deposits. You must find out in advance. You can get tens of thousands of yuan in interest in a year.
1. Re-withdraw
After the fixed deposit expires, you must re-withdraw. If you do not do this, the bank will transfer the deposit to you again according to the original term, but the interest rate is not a regular, but a listing interest rate.
To put it simply, if you have a fixed deposit of 10,000 yuan in the bank, the interest rate for one year is 2.3%, and the interest you can get for one year is 230. When the period expires, if you don’t withdraw the deposit again, the interest rate will be only 1.6%, and the interest rate for a year will be only 160.
By counting this way, the more you deposit in the bank, the more you lose. Therefore, it is best to go to the bank to get the money back after maturity. Moreover, the interest rates are different every year. At the end of the year, if you re-withdraw a deposit, you can get higher profits.
2. Automatic transfer of
automatic transfer of
automatic transfer of
. Most people will forget the fixed deposits deposited in the bank over a long time. If you do not automatically transfer of deposit, your money will become a current deposit.
The annual interest rate of current deposits is very low, usually only a few minutes, which means that the annual interest rate is only a few dozen yuan. After automatically transferring and saving, you don’t have to worry about such a situation, otherwise you won’t make much money after saving for a year.
's automatic transfer of its interest rate is carried out according to the bank's listed interest rate. Therefore, when depositing fixed deposits, you must sign the contract. If you forget this deposit, you can also maximize the profit.
3. large-denomination certificates of deposit
Among the many deposits, the interest rate of large-denomination certificates of deposit is the highest. Many banks' minimum starting point is 200,000 yuan, and their annual interest rate can reach about 4%~5%. Although the interest rate is very high, it also requires a lot of things. First of all, during the deposit period, this money cannot be used and can only be used for interest.
If you have to withdraw, the money can only be calculated based on the current interest rate. For example, if you have 200,000 yuan, you have deposited a large certificate of deposit in a certain bank for 5 years, but in the second year, if you want to withdraw this money, the interest rate is only current interest rate.
So when depositing large-denomination certificates of deposit, you must first consider it. If you have sufficient funds, you can still choose. Secondly, after the large-denomination certificate of deposit expires, it can only be reprocessed and cannot be automatically transferred. If you forget this money, the interest rate will be only current interest rates.
So if you have large deposit certificates, it is best to set up text message reminders and other functions to assist, so as not to forget the money. After the expiration, you can go to the bank to re-process it.
Summary: The key points of knowledge shared above are all the money saving experience I have accumulated in my daily life. If there are any shortcomings, please add more and leave a message in the comment area.
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