Is the deposit of Jingdong Finance Yingkou Bank safe?

Previously, JD Finance added several very good regular smart deposit products. Among them, the 30-day interest rate of deposits introduced by Yingkou Coastal Bank is 4. 15%, 120-day interest rate is 4.75%, 188-day interest rate is 4.8%, and 360-day interest rate is 5%. So, is the deposit of Jingdong Finance Yingkou Bank safe?

Is the deposit of Jingdong Finance Yingkou Bank safe?

The deposits of Jingdong Finance Yingkou Bank are relatively safe. Both deposits handled by Yingkou coastal bank outlets and special deposits handled online are bank deposit products. For deposits less than 500,000 yuan, banks need to pay in full according to the deposit insurance regulations, so the deposits of Yingkou Coastal Bank are relatively safe. In addition, compared with state-owned banks and joint-stock banks, Yingkou coastal banks have more advantages in time deposit interest rates.

However, it should be reminded that the Yingkou Coastal Bank of Jingdong Financial Bank sells wealth management products, not deposits. As long as it is a wealth management product, there are more or less some financial risks. Yingkou Coastal Bank, established on 20 10, is a joint-stock city commercial bank approved by China Banking Regulatory Commission. Yingkou Coastal Bank, like other rural commercial banks, has physical banking outlets, which can handle demand and time deposits.