When the bank automatically transfers the deposit for you, the original deposit and the interest earned will be merged into a new principal, and the interest for the next deposit period will be calculated according to the bank listing rate on the transfer date.
If the second deposit period expires, interest will still be calculated at the regular interest rate. If the second deposit is withdrawn before the maturity date, the first deposit will bear interest regularly, and the due part will bear interest in the current period.
Extended data
Interest calculation of different types of time deposits;
Before the calculation, we assume that there is a five-year time deposit 10000 yuan, and the interest rate of the five-year time deposit is 4.75%. Excluding interest tax, the interest due is 10000×4.75%×5=2375 yuan. Let's look at how different types of time deposits calculate interest according to different situations.
The first case
That is to say, we have done the above calculation and recovered the principal and interest at maturity. In this case, the interest shall be calculated and paid according to the fixed deposit interest rate published on the date of account opening.
In the second case, quit early.
Early withdrawal can be divided into two situations, one is full withdrawal 10000 yuan, and the other is only partial withdrawal, such as 5000 yuan. In the first case of full early withdrawal, how to calculate the time deposit interest of this five-year deposit? Interest is calculated according to the interest rate of current savings deposits listed on the withdrawal date. Yes, even if all of them are withdrawn one day before maturity, they can only be calculated at the current interest rate one day before maturity. For the second partial withdrawal, the interest shall be calculated and paid for the part withdrawn in advance according to the interest rate of current savings deposit listed on the withdrawal date, and the interest shall be calculated and paid for the rest according to the interest rate of lump-sum fixed-term savings deposit listed on the account opening date. But the part withdrawn in advance can only be paid once.
In the third case, overdue withdrawal
How to calculate the interest on overdue time deposits? As far as overdue withdrawal is concerned, it can also be divided into two situations, one is the agreed automatic deposit, and the other is the current demand at maturity. In the first case, the bank will automatically transfer the deposit certificate according to the original deposit term from the maturity date, that is, the deposit certificate of 10000 yuan will be kept for another 5 years, and the interest will be calculated according to the regular interest rate listed on the maturity date of the original deposit certificate. If the withdrawal is less than 5 years, it shall be calculated according to the current interest rate on the date of withdrawal; In the second case, the problem of how to calculate the interest on time deposits is well solved. Interest on overdue deposits is calculated according to the deposit interest rate.