Is China Construction Bank's certificate of deposit safe?

There are many banks in China market. In order to attract savings, banks will accept large deposit certificates. Among them, China Construction Bank, as one of the six major state-owned banks, also takes certificates of deposit, so is its certificates of deposit safe? What is the minimum deposit?

Basic information of China Construction Bank's certificates of deposit.

Initial deposit amount: 200,000 yuan

Risk level: low risk

Withdrawal restriction: Only 1 can be withdrawn in full or in part, and deposits and withdrawals can only be made at tier-one branches.

Interest-bearing rules for advance payment: the interest paid in advance shall be calculated or deducted according to the current period for at least 3 months.

Security of China Construction Bank's Large Deposit Certificate

1. From the issuer's point of view:

China Construction Bank is one of the six state-owned banks. It is controlled by the state and its operating system is very perfect. Its anti-risk ability is far better than that of joint-stock banks and local commercial banks. Even if there are problems in its operation, the state will guide it to the right track as soon as possible and will not let it lose money until it goes bankrupt.

2. From the CD itself.

The certificate of deposit of China Construction Bank is a low-risk deposit, which has the characteristics of guaranteed capital and interest, and there is basically no possibility of loss, which meets the safety needs of investors. In addition, deposits within 500,000 yuan are protected by bank clauses, and even if the bank goes bankrupt, it will lose money.