Last Sunday, the central bank cut interest rates twice in the year. From May 11, the benchmark interest rate for RMB deposits was lowered by 0.25 percentage points, and the upper limit of the floating range of deposit interest rates was raised from 1.3 times to 1.5 times, implying an increase in the right of banks to self-pricing. Most banks quickly adjusted after the interest rate cut.Latest deposit rateLet's take a look at 10,000 yuan in different banks for one year, and the difference in interest rates.
Rong 360 monitors the deposit rates of 27 banks in the first-tier cities in Guangzhou, Shenzhen and Shenzhen. The highest one-year deposit rate is Shengjing Bank andBaoshang Bank, both are 3.25%, and the interest of 10,000 yuan for one year is 10000 × 3.25% = 325 yuan. The one-year deposit rate is the lowestBank of CommunicationsAnd China Merchants Bank, both 2.5%, 10,000 yuan for one year of interest is 10000 × 2.5% = 250 yuan. The difference between the two is 325-250=75 yuan.
If the amount is larger and the period is worse, the interest spread will be even greater.