On April 29, Huabei opened the "quick recharge" function for some users. Huabei can increase the limit (up to 5,000 yuan) by yourself.

Quick credit recharge is a service that transfers funds to Yu'E Bao and locks them before increasing the credit limit with Huabei. You deposit money in Yu'E Bao and use Huabei for consumption. You can enjoy Huabei's interest-free period and earn Yu'E Bao income.

For example, if 500 yuan is transferred into Yu'e Bao, the Huabei limit will be increased by 500 yuan, and the upper limit is 5,000 yuan.

It should be noted that after using the Huabei quota quick charge service, if the funds locked in Yu'e Bao are not unlocked, the quota will always be in effect; if the funds are unlocked, the quota will be reduced accordingly. Therefore, the duration of this quota depends on the unlocking time of Yu'E Bao.

Recently, the 2020 Q1 quarterly report disclosed by Yu'E Bao showed that Yu'E Bao's net income in Q1 was nearly 170 billion yuan, with the latest scale of 1.259 trillion yuan, a 15.08% increase in net assets compared to the end of last year.

Alipay data also shows that in the first quarter of this year, the number of "Baobei Youth" increased significantly by 40% compared with the fourth quarter of last year. The operation of Baobei Youth is to deposit wages into Yu'e Bao to earn income, use Huabei for your own consumption, and pay back the money next month.

This time Yu'E Bao and Huabei cooperate, and wages can be deposited into Yu'E Bao to earn income, and Huabei can also increase the amount, making "Baobei Youth" even more popular.