Consulting China Merchants Bank's 5-year guaranteed wealth management products.

He is talking about a bank insurance product. Is the interest rate guaranteed? If the principal and interest are guaranteed, it is likely to be a five-year Anbang win-win product. This means that the five-year period is one value higher than the fixed-term interest rate. If the interest rate is raised, the interest will be calculated in stages. The final interest will not be lower than the fixed deposit plus this value when signing the bill. This is a safer substitute for national debt. And ordinary banks are all property hoarding, which attracts deposits, with little income compared with other bancassurance products.

If interest is not guaranteed, it is likely to be dividend insurance. This alternative can also be used regularly for a period of five years, with guaranteed income plus dividends. Although the income is uncertain, the advantage is that if it is withdrawn within five years, there will be some interest, unlike the five-year regular withdrawal in advance, which is calculated according to the current period.