What's the difference between a current account of an online merchant bank and a current account? Make a comparative analysis from three aspects.

After the opening of the online merchant bank, you can choose to put the funds into the current account of the online merchant bank, or you can choose to deposit them in Yu Libao for investment. So do you know the difference between online merchant bank demand and Yu 'ebao? Today, we will talk about this problem from three aspects.

The demand balance is a deposit product in the online merchant bank, which bears interest according to the interest of the bank demand deposit and can be used for wealth management and consumption; Yu Bao Li is a cash management product, which is the monetary fund of Tian Hong Fund. This product has the characteristics of low risk and high liquidity. In essence, the current balance is a deposit and the balance is a monetary fund.

Bank demand of online merchants and expected income of surplus.

According to the data (September 10), the 7-day annualized expected rate of return of the online merchant bank's current interest rate is more than the rest, which is much higher than the online merchant bank's current interest rate. If you pay attention to the expected return, you will obviously get higher expected return if you invest your money.

Security comparison between demand and surplus of online merchant banks

The bank demand of online merchants is bank deposit, which is guaranteed by the bank deposit insurance system. If there is a problem with the funds, the user can get a compensation of up to 500,000 yuan.

I belong to the money fund, which is a wealth management product that does not break the capital, so there is a possibility of loss, but the security of the money fund is very high, and there will be almost no product loss.

From the perspective of security, online merchant banks with deposit insurance system can better meet the current demand.

Comparison between the demand and convenience of online merchants' banks

The current balance of the online merchant bank can be directly used to pay for consumption. When the automatic redemption function of Yu is enabled, when the current balance of the online merchant bank is insufficient, the funds in Yu can also be consumed, but the automatic redemption function is only open to some users, so the current balance of the online merchant bank is more convenient to use than Yu.

Conclusion: Based on the above analysis, the online merchant bank and Yu Yu 'ebao have their own advantages, and where to put the funds depends on everyone's actual needs.