Which is safer, inclusive finance certificate of deposit or time deposit?

Inclusive finance certificates of deposit are safer than time deposits.

1. The guarantee mechanism for time deposits is better: depositors of time deposits enjoy the protection of the deposit insurance system, that is, the bank deposit insurance system. The maximum insured amount of depositors' deposits in each bank is 500,000 yuan, while inclusive finance certificates of deposit do not enjoy similar insurance protection.

2. Low risk of time deposits: inclusive finance certificates of deposit are relatively risky, while inclusive finance certificates of deposit are issued by financial institutions, which have the risk of default, while time deposits are issued by banks, which have relatively high credibility and repayment ability and low risk of default.