February 20, 2026 Bank Deposit Interest Rate Update: Overview of Fixed Deposit and Large-denomination Certificate of Deposit Interest Rates

For investors who prioritize fund safety, bank fixed deposits remain an important wealth management channel. In the current market environment, fixed deposits with lump-sum maturity and large-denomination certificates of deposit have become two mainstream options. The interest rates offered by different banks vary, providing depositors with a diversified range of returns. This article summarizes the recent deposit interest rate information announced by the four major state-owned banks for investor reference and decision-making.

Lump-sum fixed deposits, as a traditional form of term deposit, feature stable returns and simple operation. This product requires depositors to make a one-time principal deposit, select a term ranging from 3 months to 5 years, and receive the principal plus interest upon maturity. For example, China Construction Bank offers approximately 950 yuan in interest for a 100,000 yuan deposit for one year; a 3-year term with an 80,000 yuan principal can yield up to 3,000 yuan in interest. Agricultural Bank of China data shows that a 150,000 yuan deposit over 5 years earns about 9,750 yuan in interest, while Industrial and Commercial Bank of China’s 20,000 yuan deposit over 5 years yields about 1,300 yuan, with different combinations of terms and amounts presenting varied returns.

Large-denomination certificates of deposit attract large fund holders with higher yield thresholds. These products generally require a minimum deposit of no less than 200,000 yuan, with terms ranging from 1 month to 5 years. China Construction Bank data indicates that a 200,000 yuan deposit for 1 year earns about 2,400 yuan in interest; a 5 million yuan deposit for 1 year can generate up to 120,000 yuan in interest, with returns increasing significantly with the principal size. Agricultural Bank of China and Bank of China have similar interest rates for this product, both offering 2,400 yuan interest on a 200,000 yuan deposit for 1 year. For a 1 million yuan deposit over 3 years, Industrial and Commercial Bank of China offers approximately 46,500 yuan in interest, highlighting the yield advantage of long-term deposits.

It is noteworthy that banks adopt differentiated pricing strategies for products with different terms. For example, for a 3-month term, China Construction Bank, Agricultural Bank of China, and Bank of China all offer 675 yuan in interest for a 300,000 yuan principal, while Industrial and Commercial Bank of China has not published data for this period. In the 1-year product category, all four major banks provide 2,400 yuan in interest for a 200,000 yuan deposit. However, when the principal increases to 5 million yuan, China Construction Bank, Agricultural Bank of China, and Bank of China maintain 120,000 yuan in interest, while Industrial and Commercial Bank of China has not provided relevant data. This pricing variation requires investors to precisely match their funds and term needs.

Market analysts point out that current deposit interest rates exhibit two main features: first, the advantage of long-term deposit rates has weakened, with some banks showing inverted rates between 3-year and 5-year terms; second, large-denomination certificates of deposit offer significantly higher rates than regular fixed deposits, but with higher minimum deposit thresholds. Investors are advised to check the latest interest rate tables via bank official websites or branches before conducting transactions, paying close attention to the difference between “actual effective interest rate” and “discounted interest rate,” as some banks may offer preferential rates to specific customer groups.