Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Starting in May, personal savings will undergo a major change; depositing 100k yuan for 3 years will earn 4,200 yuan less in interest: official clarification dismisses it as false news
Ask AI · Why do false financial news keep spreading despite repeated bans?
Fast Technology, May 9 — Recently, a message has been circulating online about new regulations on personal deposits starting in May. The rumor claims that if 100k yuan is deposited for 3 years and then automatically renewed, the interest will decrease by 4,200 yuan, which has caused anxiety among many depositors.
The message also shamelessly claims that the so-called unified and standardized rules for calculating personal deposit interest have been strictly enforced nationwide since May of this year.
However, it has been confirmed that this is completely false information designed to attract attention.
The report points out that the rumor about canceling tiered interest calculation for early withdrawals is not a recent policy change.
Tiered interest calculation means that banks settle interest based on the actual number of days the deposit is held, using the closest interest rate tier, to reduce losses for depositors who withdraw early.
In fact, by the end of 2020, China had already abolished the tiered interest calculation for early withdrawal of fixed deposits nationwide. At that time, major commercial banks had unified the way they calculate interest for such early withdrawals to be based on the current account interest rate.
This means that the claim about a significant reduction in deposit interest rates in May this year is not only outdated but also seriously misleading. Currently, major domestic banks maintain stable deposit policies and have not recently introduced any major changes to how personal deposit interest is calculated.
Depositors should rely on official announcements from banks when managing personal funds and financial planning. Do not blindly believe unverified social media rumors to avoid unnecessary financial losses caused by reckless actions or excessive panic.