The highest deposit interest rates at banks currently range from 6 - 9%/year. However, to enjoy this interest rate, customers need to meet specific conditions, mainly the requirement of a very large balance or deposit money at the counter.
PVcomBank applies a special interest rate of 9%/year for a term of 12 - 13 months when depositing at the counter, with the condition that customers must maintain a minimum balance of VND 2,000 billion.
HDBank is listing interest rates at 8.1%/year for a 13-month term and 7.7%/year for a 12-month term, applicable to customers with a minimum balance of VND500 billion.
Vikki Bank applies 7.5%/year for term deposits of 13 months or more with a minimum amount of 999 billion VND.
Bac A Bank is listing the highest interest rate at 6.5%/year for terms from 18 to 36 months; 6.3%/year for 13 - 15 month terms; 6.1%/year for 12-month terms; 6 - 8 month terms at 6%/year; 9 - 11 month terms are 6.05%/year.
IVB applies an interest rate of 6.15%/year for a 36-month term, with the condition that the deposit is VND 1,500 billion or more.
ACB is applying an interest rate of 6%/year for a 13-month term with interest paid at the end of the term for customers with a balance of VND 200 billion or more.
At LPBank, for deposits of VND300 billion or more, customers receive 6.5%/year when receiving interest at the end of the term; 6.3%/year when receiving monthly interest and 6.07%/year when receiving interest at the beginning of the term.
Viet A Bank applies interest rates above 6%/year for Dac Tai Savings products, including: 6-month term of 6.0%/year; 7-month term of 6.1%/year; 12-month term of 6.5%/year; 13-month term of 6.6%/year; 15-month term of 6.7%/year and 18-month term of 6.8%/year. This product requires customers to deposit at least 100 million VND, transact at the counter and receive interest at the end of the term.
For deposits over 1 billion VND at Bac A Bank, the bank applies 6.4%/year for 6-8 month terms; 6.45%/year for 9-11 month terms; 6.5%/year for 12-month terms; 6.6%/year for 13-15 month terms and 6.7%/year for 18-36 month terms.
In addition, a series of banks with interest rates from 6%/year do not apply special conditions.
Vikki Bank applies an interest rate of 6.1%/year for a 6-month term, 6.3%/year for a 12-month term and 6.4%/year for a 13-month term; Cake by VPBank applies an interest rate of 6.3%/year for a 6-8 month term, 6.4%/year for a 9-11 month term, 6.5%/year for a 12-36 month term;
HDBank applies an interest rate of 6%/year for a 15-month term and 6.1%/year for a 18-month term; BVBank also pays 6.1%/year for a 60-month term and 6.0%/year for a 48-month term. Viet A Bank maintains a rate of only 6.0%/year for a 36-month term.
Bac A Bank applies an interest rate of 6.3%/year for a 12-month term; 6.4%/year for a 13-15-month term; 6.5%/year for a 18-36 month term.
