4 Deposit Methods Most People Don't Know About, Which Not Only Offer High Security but Also Attractive Interest Rates

Making money is becoming increasingly difficult, and due to the still severe economic situation in 2023, market fluctuations are very large. This has led many people to be hesitant about investing and prefer to deposit their money in banks. However, most people who go to banks for deposits either choose demand deposits or fixed deposits. In fact, insiders do not choose these two deposit methods, but instead, opt for the following four deposit methods, which offer higher interest returns. Friends who want to know the specific content can follow the article to learn more.

**Choosing Small-Scale Banks**

In the cognition of most people, deposits in large state-owned banks are guaranteed to be safe, although the deposit interest rates are relatively low, many people are still willing to deposit their money in state-owned banks. In reality, most banks now participate in the deposit insurance system. As long as the deposit amount in the bank is less than 500,000 yuan, even if the bank goes bankrupt, you can still get full compensation, and you don't have to worry about the safety of your deposits at all. Therefore, it is recommended that when depositing money, you can choose small-scale banks that participate in the deposit insurance system, so as to obtain higher deposit interest rates.Choose the monthly interest payment deposit method

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As we all know, banks traditionally pay interest annually. However, with the continuous development of the banking industry, banks now offer a monthly interest payment deposit method. This method can increase your monthly income, which is of great help in improving the quality of life. Moreover, this type of deposit method can also avoid the loss of interest due to early withdrawal. For those who are financially tight and have large monthly expenses, this is an excellent choice.

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Structured Deposits

(Note: The original text was cut off, so I could not provide a full translation for the "Structured Deposits" section.)Structured deposits are a rather unique form of deposit. A portion of the funds in the depositor's account is used for investment, and the final interest is closely related to the investment returns. This method has the potential to earn very high deposit interest. Even if the investment fails, the principal will not be lost; the interest will simply be reduced. As a professional financial institution, the probability of the bank's investment failure is relatively low. Under normal circumstances, the interest on structured deposits will be higher than that of fixed deposits.

Diversified deposits

If you have a substantial amount of savings, you can consider dividing it into three deposits: one for 200,000 in a three-year large certificate of deposit, one for 200,000 in a large certificate of deposit, and one for 200,000 in a one-year large certificate of deposit. This way, after each deposit matures, it is directly transferred to a three-year large certificate of deposit. This ensures that you will have a sum of money maturing every year, which can yield considerable interest. Additionally, it avoids the situation where you might need to use money but have none available.The returns from the above four types of deposits are far higher than those from fixed deposits. It is recommended that friends with savings consider these options. Only by choosing the right deposit method can one achieve greater returns, truly realize asset appreciation, and improve their quality of life.

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