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What are the product types of my time deposit and certificate of deposit?
Fuxin Bank is also a banking financial institution approved by the regulatory authorities. Its deposits are guaranteed by deposit insurance, and its security can be guaranteed. Individuals can enjoy 100% compensation within 500,000 ordinary deposits in a single bank.
At present, some small and medium-sized banks have cooperated (sold) with the Internet platform to issue bank intelligent time deposit knowledge products, which have the advantages of high liquidity (interest can be calculated in installments or withdrawn in advance) and higher interest rate than ordinary deposits. It is a standard personal deposit product, with an interest rate of about 4%-5.5%, and enjoys the guarantee of principal and interest payment within 500,000 yuan of deposit insurance.
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