Bank deposit methods include card deposit, card-free deposit, fixed deposit, current all-in-one, fixed all-in-one, fixed-life two-convenience deposit, notice deposit, education deposit, etc. Demand deposit: the advantage is that you can deposit and withdraw money at any time, which is very flexible, but the interest rate is very low. The current annual interest rate is only 0.72%. Take 50,000 yuan as an example. If it is used as a demand deposit, the annual interest is only 288 yuan. Even if the deposit is made for three years, the interest is only about 1 100 yuan, while the three-year interest of the fixed deposit is about 3024 yuan. Therefore, it is not advisable to have too much demand deposits in your account, just leave enough money for your daily life. You can go to the bank to save the temporarily unused money as a term, or you can use the intelligent financial management function of some bank cards. As long as it exceeds the agreed amount, the rest will be automatically transferred to a time limit. Time deposit: Generally, there are six deposit periods, such as three months, six months, one year, two years, three years and five years. At present, the annual interest rates are 1.7 1%, 1.89%, 1.98%, 2.25%, 2.52% and 2.77% respectively. The suggestion of the industry is to choose short-term time deposits. First, because there is little room for interest rate cuts after repeated interest rate cuts, once interest rates rise, long-term deposits will not be able to enjoy higher interest rates and suffer losses. Second, according to the bank's statistics, most customers also choose short-term time deposits, and temporarily put their money in the bank, waiting for better investment opportunities. Fixed deposit and two conveniences: greater flexibility, slightly higher income than current deposit, no agreed deposit period, and 60% interest at the same grade interest rate in one year. Education savings: It is a special fixed-term savings deposit for students above grade four (including grade four). The deposit period is divided into one year, three years and six years, and the total principal is up to 20,000 yuan. In addition to being exempt from interest tax, it is used as a lump-sum deposit, but it enjoys lump-sum interest, and the preferential interest rate is above 25%. The three-year period is suitable for families with students above junior high school, and the six-year period is suitable for families with students above grade four in primary school to open accounts. Notice deposit: the initial deposit amount of individual customers is 50,000 yuan, and there is no need to stipulate the deposit period when depositing. Notify the bank one or seven days in advance when withdrawing, which is called one-day notice deposit and seven-day notice deposit. The annual interest rates are 1.08% and 1.62% respectively, which are much higher than demand deposits. It is suitable for the situation that there are a lot of funds to be used in the near future, but the specific date cannot be determined.

At present, many people are recommending the method of revolving deposit of time deposits, commonly known as "snowballing", that is, saving the remaining money at home every month to make a one-year time deposit, and after one year, you just have 12 deposit certificate in your hand. In this way, no matter which month is in urgent need of money, you can withdraw the deposits due in that month. If you don't need money, you can transfer the due deposit together with interest and the remaining money on hand to a one-year fixed deposit.