Bank's "Spring Festival activities", the interest rate of 6-month fixed deposit is 4.5%, is it safe?

As long as it is a deposit, it is absolutely safe. Remember the smart deposits of small and medium-sized banks and private banks that were very popular in the past two years? The essence of smart deposit is deposit, but it is a high-interest product pioneered by 20 17 private banks, with the highest annualized rate of return approaching 6% in five years.

In the past two years, the dividend period of smart deposits has gradually become surplus, and the yield has also dropped from about 5% to 4% a year. As the Spring Festival approaches, many banks are sprinting for their performance. Therefore, in this specific period of time, some small and medium-sized banks will still come up with smart deposits, and the annualized rate of return of 4.5% in six months is still relatively high.

Our local commercial bank didn't have smart deposits a week ago, and the annualized rate of return for one year was only about 2.2%. Now it has just launched smart deposits with an annualized rate of return of 3.8%.

If you are not at ease, you can choose a deposit of less than 500 thousand, because all banks have participated in bank insurance. As long as it belongs to smart deposits or deposits, or the so-called characteristic savings business of some banks, these are all risk-free.

Such a high interest rate looks really attractive. I have never deposited money at such a high interest rate in the bank. Now the annual interest rate of the bank is only 1.75%. I think most of such high interest rates are funds! For high interest rates, it is recommended to deposit cautiously and ask whether it can be guaranteed. If you don't protect it, you can't save it.

Not necessarily/maybe