Wealth Risheng RMB wealth management product is an innovative wealth management product developed and designed by China Postal Savings Bank to meet customers' cash management needs. It has the characteristics of "safe principal, strong liquidity and high expected return", in which the advantage of "paying interest on the day of subscription and receiving it in real time on the day of redemption" makes this product gain more income from short-term idle funds on the premise of ensuring liquidity, and can even be used as a substitute product for current savings deposits. Recently, China Postal Savings Bank raised the yield from 1.35% to 1.38%!

In addition, "increasing wealth" also has the advantages of "high liquidity and redemption of principal T+0". Investors can purchase and redeem during the opening period, deduct money in real time at the time of purchase, and begin to bear interest on the same day; At the time of redemption, the financial principal will be paid in real time, and at the time of full redemption, the principal and income will be paid in real time.

Main provisions on subscription and redemption of RMB wealth management products.

(1) China Postal Savings Bank's wealth "Risheng" RMB wealth management products can be sold at postal savings outlets that provide wealth management services throughout the country, and cross-provincial subscription and redemption transactions are open nationwide.

(2) This wealth management product has no fixed term, and it is open for subscription and redemption every open day after its establishment; Business acceptance time is 8: 30- 15: 00 every open day.

(3) Investors can subscribe for this product on the open day, and the subscription funds will be invested in this financial plan on the same day. The subscription amount is not less than 50,000 yuan; Increase the subscription amount by an integral multiple of 1000 yuan; Can partially or completely redeem the wealth management funds (when partially redeemed, the remaining wealth management funds shall not be less than 50,000 yuan). This wealth management product is free of subscription and redemption fees.

(4) The wealth management funds can be redeemed in part or in whole on the open day (in case of partial redemption, the remaining wealth management funds shall not be less than 50,000 yuan), and the redeemed funds shall be recorded in real time.

Example of product income calculation (taking 6,543,800 yuan as an example)

1. Daily income of customer's current deposit: 1000000×0.36%÷365=9.86 yuan/day;

2. The daily income of the customer on the day of purchase is100000×1.38% ÷ 365 = 37.80 yuan/day;

As far as I know, it should be non-guaranteed floating type. So the risk is not small.