Very good calculation of deposit interest rate

This is the latest deposit interest rate:/other/rmbdeposit.jsp.

The current annual interest rate of three-month time deposit is: 1.7 1%.

5,500 yuan will be deposited for 3 months, and interest will be earned at maturity:

5500×1.71%× 3/12 = 23.51(yuan)

What do you mean by "automatic transfer" and "non-automatic transfer"? What is the difference? Literally, "automatic deposit" means that you don't have to take care of it after maturity, and the bank will automatically deposit another installment according to your original deposit period, while "no automatic deposit" means that it will not be automatically deposited after maturity.

Actually, this is an old calendar. At present, time deposits are not withdrawn at maturity, and all banks automatically transfer them by default.

For example, if you deposit 5500 yuan for three months and don't withdraw it after three months, the bank will deposit another one for you for three months.

Automatic transfer, the interest you earned before and the original money are merged into a new principal.

On the day of deposit, the interest for the next deposit period shall be calculated according to the three-month fixed interest rate listed by the bank on that day.