In the past, in view of this situation, most people could only admit that they were unlucky, had no power or influence, and nobody cared about us.
Now that the Internet is developed, banks dare not make a mountain out of a molehill or ignore it. Once exposed by the media, it will not only lose its reputation, but also be fined. However, we still need six hearts when we go to the bank to deposit money every day. So, how do you judge whether you are buying savings or wealth management products?
Generally speaking, it can be seen from the following three aspects:
1, see the signature materials.
You just need to fill out a deposit slip, just a thin piece of paper; The signature materials of wealth management products, in addition to the signature, also need to copy the risk warning and other materials.
2, look at the operation process
Ordinary deposits can be handled directly at the bank counter, while wealth management products need to go to the financial office to complete the risk tolerance assessment, and then go to the counter or buy directly in the financial office, and the whole process will be recorded and videotaped, which is relatively troublesome.
Step 3 look at the receipt
The bank will give you a receipt after the business is completed. What you save is a certificate of deposit, and what you print is a business acceptance certificate.
In terms of income, the "deposit interest rate" indicated on the deposit certificate; The acceptance certificate says "expected income", which are two different concepts of the group.
Of course, try to make sure in the first two steps, because at this step, you have completed the whole transaction process. If you want to change it again, it will be more troublesome, and even the staff will use various excuses not to help you deal with it. Therefore, when we go to the bank to handle business, we must keep our eyes open and beware of being confused by interests.
In fact, the current time deposit business does not need to go to the counter at all. It is convenient to convert demand deposits into time deposits directly on the bank's mobile APP. Most banks now support mobile phone operation.
Many depositors are very concerned about this issue, fearing that their hard-earned money will inexplicably change from deposits to financial management or insurance. So how do they know?
According to my method, it's easy to tell.
The simple procedure is deposit, and the complicated procedure is wealth management deposit, whether it is current or fixed, whether it is passbook, deposit certificate or card form. The procedure is relatively simple, which is basically the process of bookkeeping. Only large deposit certificates may have agreements for you to sign, and others do not need to sign any agreements and contracts, so the processing time is very fast.
As for wealth management products, it is necessary to conduct risk assessment and sign a series of agreements and contracts. Now according to the regulations, audio and video recording is required, and the procedures are relatively complicated. Let's just say that what makes you sign more than two words is basically not deposits but financial management.
So the simple procedure is deposit, and the complicated procedure is financial management.
As a simple and well-known investment product, deposit has no product description, just indicate the deposit term and interest rate.
Financial products are described in the product manual. Whether you buy over the counter, through mobile banking or online banking, you will see a paper version or an electronic version of the product manual to explain the relevant information of wealth management products.
So when you see the product manual, you can basically conclude that it is a wealth management product. Of course, the certificate of deposit is also stated, but it will be clearly stated that it is a deposit.
Of the above two methods, I think it is easy to judge whether it is deposit or financial management.
This is a good difference. For ordinary users, it is also easy to identify whether it is a savings deposit or a wealth management product. There is only one principle here, and it is possible to do this: seeing is believing, but listening is empty.
Characteristics of bank wealth management products:
1. The wealth management products issued by banks have a sales quota, generally starting from 50,000 yuan.
2. Bank wealth management products have a fixed term and cannot be redeemed within the term.
3. Expected rate of return adopted by wealth management products
4. Sales of wealth management products require customer risk rating and double recording (audio and video recording).
5. The yield of wealth management products is higher in the same period.
After talking about the characteristics of wealth management products, we can distinguish them from bank deposits, as follows:
1. The wealth management product has a product manual, and an agreement needs to be signed, but the savings deposit does not; Wealth management products need risk rating, but savings deposits don't.
2. The wealth management products cannot be redeemed during the closed period, and the time deposits can be withdrawn at any time. Be sure to ask clearly when buying, whether it can be exchanged is the biggest criterion to distinguish.
3. Look at the starting point. If you want to distinguish between financial management and deposit, you just need to ask if you can buy it below 50,000.
It's as simple as that. Just do it well. Read all the signed documents carefully. Don't listen to the account manager. Just read them carefully.
It is easy to distinguish between bank wealth management products and savings products, mainly depending on bank personnel, interest rates, procedures and liquidity.
First, the performance of bank staff. When handling a savings deposit, the lobby manager will instruct the customer to fill in the deposit certificate, or directly help the customer get the number on the pager, and the customer will go to the counter to handle it himself; Wealth management products are different. The lobby manager will enthusiastically guide customers to the wealth management product business area to find the wealth management manager, who will talk with customers about products for a long time and introduce many kinds of products.
Second, interest rates are different. Every outlet has a deposit interest rate pricing table, and the deposit interest rate for each deposit term is clearly written, so there is no need to ask. The interest rate of wealth management products is not fixed except for products that guarantee income. Financial management will tell customers an "annualized rate of return" and can only estimate the expected income for customers.
Third, the procedures are different. Just tell the teller how much to deposit from the counter, and the customer will hand in the bank card and passbook, or hand over the deposit voucher to the teller for handling, and sign the deposit slip for confirmation after handling; The account manager of wealth management products should give customers the information of various wealth management products in advance, so that customers can be familiar with them carefully. When a customer decides to buy a wealth management product, he must sign a contract to fulfill the contract.
Fourth, the liquidity is different. Customers can withdraw money freely from both time deposits and current deposits, but the interest on time deposits is changed to current deposits before maturity, which makes the funds highly mobile. The liquidity of wealth management products is very poor, so they cannot be redeemed before the purchase period and can only be taken out after the expiration.
The security of deposits is greater than that of wealth management products, while the income of wealth management products is higher than that of deposits. Both have their advantages and disadvantages. Customers need to be cautious when choosing banking products according to the actual situation.
When depositors go to the bank to save money, they are fooled by bank personnel, and it is easy to become financial management without knowing it. So how do you tell whether a bank product is savings or wealth management? Empty valley gives you a summary:
First look at the signature materials. You just need to fill out a deposit slip, just a thin piece of paper; The signature materials of wealth management products are relatively thick, and the risk warning should be copied in addition to the signature.
Second, look at the operation process. Deposits can be made directly at the bank counter; Financial management needs to go to the financial office to complete the risk tolerance assessment, and then go to the counter or buy directly in the financial office. The whole process should be recorded and videotaped.
Again, look at the receipt. The bank will give you a receipt after the business is completed. What you save is a certificate of deposit, and what you print is a business acceptance certificate. In terms of income, the "deposit interest rate" indicated on the deposit certificate; The acceptance certificate says "expected income".
I am an empty valley cold pool, sharing my knowledge with you.
How can depositors tell whether a bank product is a deposit or a wealth management product? Honestly, it's really easy to tell. Let me give you a detailed introduction:
First of all, deposit interest rate is very low, only 0.35% or 0.385%;
Secondly, demand deposits can only be deposited in current passbook or bank card;
Moreover, demand deposits can be withdrawn at any time, and there is no case of early withdrawal or refusal to withdraw.
First, there are many kinds of time deposits, including lump-sum deposits and withdrawals, lump-sum deposits and withdrawals.
2. Term deposits are generally divided into 3 months, 6 months, 1 year, 2 years, 3 years and 5 years;
Third, the interest rate of time deposits is higher than that of demand deposits, generally between 1.35%-4.2625%. The longer the term, the higher the interest rate.
Fourth, the principal and interest of time deposits are guaranteed by the Deposit Insurance Regulations, and the risk below 500,000 yuan100%;
Finally, the medium of time deposit includes time deposit, bank card and deposit certificate.
First of all, the expected yield of wealth management products is high, mostly between 4% and 5.5%;
Secondly, wealth management products belong to non-guaranteed floating income type, which generally means neither guaranteed capital nor guaranteed interest;
Moreover, wealth management products can not be withdrawn in advance, but can only be withdrawn at maturity;
Finally, wealth management products only have receipts, and there is no voucher medium.
To sum up, the bank products purchased by depositors belong to deposit or wealth management. Generally, there are clear marks on the passbook or deposit certificate. If not, let's take a look at the interest rate level and term. The most important thing is that deposits can be withdrawn in advance, but wealth management products can't!
Hello friends, as the saying goes: a cow leads by the nose. Look for the different characteristics of saving, investment and financial management, and you will have a pair of eyes. In fact, deposit and savings and investment and financial management have their own advantages and scope of application, which are in line with each other and more suitable for the development of the times.
The first characteristic of distinguishing whether a deposit is saved is whether it is protected by the deposit insurance system (this is the most basic distinguishing method and characteristic).
Aunt Wang came to the bank to deposit money, and the manager greeted her as soon as she entered the door. Store it with us. There are good products with an annual interest rate of 9%. Ah, it's nice to be so tall. Don't worry, sister Wang, but Lao Wang next to me said that there are many products in the bank now, so it's better to ask about the inventory. So Lao Wang asked the manager: Is this product guaranteed by the deposit insurance system? The manager said that you can rest assured of our products. Lao Wang asked seriously, I asked you to answer,
Is this product guaranteed by deposit insurance? The manager said with a smile, go to the counter to deposit it. Everything is guaranteed. Aunt Wang was startled: Lao Wang, I really thank you. I almost saved the difference.
Summary: Understanding the deposit insurance system has caught the bull's nose that distinguishes deposits from savings.
Distinguish between deposit and non-deposit, the second feature: whether to protect the principal and interest, high liquidity.
Deposit savings can not only guarantee fixed interest, but also withdraw interest in advance. Example: So Aunt Wang went to the window to deposit a deposit. This time, Aunt Wang was more careful and asked: Can I get it in advance this time? Are you interested? The bank teller replied with a smile: Don't worry, the regular interest due is fixed. You can also withdraw money in advance and pay current interest (35%).
Summary: Early withdrawal of deposits is different from flexible redemption of wealth management products, and it is not limited by working days, redemption dates, amounts and expenses, and has extremely high liquidity. Time deposits can also be withdrawn in advance, and there is no handling fee and interest for withdrawal.
The third feature that distinguishes deposits and savings from investment and financial management is whether there are special procedures and seals.
Deposit slips, discounts, seals, etc. Very special. Example: Aunt Wang was still a little uneasy and shouted, Lao Wang, come and show me. Lao Wang took this deposit slip and read it carefully:
Special seal for savings deposit, official seal, official certificate of deposit, deposit amount, date, interest, variety, whether to transfer it, etc. , are very complete. Don't worry, sister. That's the way to check deposits in the future. Mr. Wang, thanks to you today, I want to thank you for going back. Lao Wang smiled brightly.
Summary: both deposits and savings have their own special procedures and seals. Such as deposit, single discount, special seal for deposit and savings, etc. And investment and financial management are: investment agreement, risk disclosure, contract, etc.
To sum up: Petunia, Petunia nose. The same is true for distinguishing between deposits and savings: whether there is deposit insurance protection, whether funds are guaranteed, whether there is a fixed interest rate, whether it can be withdrawn in advance and whether there is interest, and whether there are special compliance procedures for deposits and savings. Check these, savings, investment and financial management will be clear at a glance.
With the development of the times, deposits and savings still have their important significance, which can provide us with safe and highly liquid asset protection, while investment and financial management provide opportunities for wealth snowballing.
Savings plus financial management, rational planning and overall allocation of funds, better protection, value-added, peace of mind and happiness.
There are always some investors who mistake wealth management products for bank deposits and suffer losses. How to easily distinguish between bank deposits and wealth management products mainly depends on the following aspects:
1. The level of product income interest rate Every bank has a deposit interest rate pricing table, and the deposit interest rate for each deposit term will be clearly written on the table. For example, the interest rate of China Bank's three-year fixed deposit is 2.75%.
At present, the annual yield of bank wealth management products is generally around 3.5%-5%. In September this year, the average expected yield of bank wealth management was 4.53%.
So when you buy a bank product, it is easy to see the difference between the product and the yield.
2. When the product handler handles the bank savings deposit, the lobby manager will guide the customer to fill in the deposit certificate, or directly help everyone to get the number in front of the pager, and then everyone will go to the counter and let the teller handle it.
However, wealth management products are different. The lobby manager will guide you to the wealth management product business area to find the wealth management manager, who will introduce you to specific wealth management products. Because there are many kinds of wealth management products, the income, investment period and safety are different, so it may take a long time.
3. Liquidity of funds Bank deposits, whether time deposits or certificates of deposit, customers can withdraw money freely. However, if you want to redeem the time deposit in advance, the interest income of the time deposit may become current and lose income, but the overall liquidity is still good.
However, wealth management products have poor liquidity and cannot be redeemed before the purchase period expires. You can't redeem the funds until it expires.
4. If the product is in the bank, the teller will tell us how much to deposit, how long to deposit and what the interest rate is. If we accept it, we can deal with it. After processing, the teller will issue a deposit slip, which we can sign for confirmation.
When purchasing wealth management products, the Finance Committee will introduce the details of various wealth management products to customers according to their own needs and risk tolerance, then let investors know the initial investment amount, income and risks of wealth management products carefully, and finally let customers decide whether to handle them. Finally, we have to sign a wealth management contract before we can complete the purchase.
As long as you remember the above aspects, you can learn to distinguish between bank deposits and bank financing. In addition, I would like to remind you that if you buy bank wealth management products, you must read the product manual or contract carefully and make your own independent judgment. Don't listen to the one-sided words of financial management. Before buying, we must be clear about several issues, such as the specific investment of the purchased products, risk level, floating income, whether it can be redeemed in advance, etc. In addition, don't covet high returns, and don't be deceived by rhetoric and high returns. Let yourself analyze rationally.
In fact, it is not difficult to separate financial management or savings without invitation, as long as you recognize the following points:
1. Convenient program. The deposit procedure is very convenient, just deposit, which is very convenient. And financial management is a very troublesome procedure. There are many procedures for formal financial management, and it is better to sign a few copies. In fact, you can tell at a glance.
2. Don't touch any contract or risk warning. There is no formal savings. Financial management is to remind you of risks and contracts. Be careful when you encounter these things. This is not savings.
3. Look at the details. What says "deposit interest rate" is savings, and what says "expected return" is financial management.
Through the above points, we can basically judge whether to manage money or save, and the subject can refer to it.
Just pay attention to one thing: deposits or savings, which belong to the investment of creditor's rights assets, mean that the relationship with banks is debt, so there must be a fixed interest rate. Even if interest is calculated by file in today's smart deposits, the interest rate will be fixed for a certain period of time.
Financial management is an investment in equity assets. Without debt relationship, there is no fixed interest rate, nor can it be said that it is interest rate, only income. This kind of income is unstable and can generally be divided into two forms: expected income and 7-day annualized income.
What is the difference between expected income and 7-day annualized income? The expected income has a long time span and small fluctuation; The 7-day annualized income is the result of the annualized income of the past 7 days. High market risk does not represent the overall income in the future, and it is highly volatile.
Generally speaking, regular wealth management products provided by banks, insurance and securities are expected returns. Although there are fluctuations every day, there is nothing like the expected return at maturity.
However, the 7-day annualized income usually appears in the money fund provided by the fund company, because the calculation method adopted by the money fund is different from that of other funds, and the amortization cost method is used to accrue income every day, so this day is very different. For example, if the investment strategy of a fund manager changes, the income may decrease or increase substantially.
For example, in order to upgrade, Tian Hong Yu 'ebao Money Market Fund, which is connected with Yu 'ebao, has prepared a large number of cash assets for people to redeem at any time, which will lead to a decrease in the proportion of assets with higher returns, such as bonds, resulting in a decrease in income, and will also lead to a large fluctuation in annualized rate of return on the 7th.
The 7-day annualized rate of return of money funds is mainly influenced by the market risk-free interest rate and the fund manager's operating strategy. Compared with the expected rate of return of fixed wealth management products, it is more volatile, which is not conducive to investors' grasp of income.
In addition to distinguishing the fixed interest rate from the expected rate of return on the 7 th, we can also look at the relevant explanations, that is, deposits are generally marked as deposits, wealth management is marked as wealth management, and money funds are marked as money funds.
Of course, we can also look at whether it is deposit or financial management from the threshold of starting investment. According to Article 38 of the Measures for the Administration of Sales of Wealth Management Products of Commercial Banks, the minimum amount of bank wealth management is 50,000. Fixed wealth management products sold by banks are provided by insurance companies and securities companies, with a general investment of 1 000. In other words, when you see the investment of 1000 or 565438+2000000, the term is not fixed for one month, half a month, half a year or one year, which can basically be determined as financial management.
/kloc-there are very few financial products with a year or more, and financial products with a year of 2, 3 and 5 can be basically excluded.
If you are afraid of being a money fund, you just need to believe that deposit interest rate can't reach 34%. If you can access it at any time, the 7-day annualized rate is 34%, which can basically be determined to be a money fund.