Two banks pay interest of 6.3%/year
According to Lao Dong, Eximbank and ABBank are currently the only two banks on the market listing official deposit interest rates at 6.3%/year.
An Binh Commercial Joint Stock Bank (ABBank) issues an interest rate of 6.3%/year for online deposits with a term of 24 months, with interest paid at the end of the term.
Meanwhile, Vietnam Export Import Commercial Joint Stock Bank (Eximbank) also listed an interest rate of 6.3%/year but with more complicated deposit conditions.
Accordingly, the interest rate for "Online deposits" on weekends, Saturdays and Sundays of October and November; the days in October include October 26 and 27, 2024; the days in November include November 2, 3, 9, 10, 16, 17, 23, 24, 2024; customers will enjoy an interest rate of 6.3%/year for terms of 18-24-36 months.
The market currently has up to 8 banks listing interest rates above 6.0%/year and not requiring deposit conditions.
For the 18-36 month term, HDBank, OceanBank, and Dong A Bank are at the top with interest rates of 6.1%/year for the 18-36 month term.
The next highest Interest Rate belongs to Bac A Bank with an interest rate of 6.05%/year, term of 18-36 months.
Finally, banks listed interest rates of 6.0%/year for similar terms, including BVBank, BaovietBank; Saigonbank currently listed interest rates of 6.0%/year for 18-month terms and 6.1%/year for 36-month terms; SHB also currently listed interest rates of 6.1%/year for 36-month terms.
Which bank is the best for depositing money?
According to Lao Dong, at the 1-month term, the highest deposit interest rate currently belongs to OceanBank with an interest rate of 4.1%/year.
At the 3-month term, the highest interest rate is 4.4%/year currently listed by OceanBank.
At term 6, NCB leads with interest rate of 5.55%/year.
At 9-month term, the highest interest rate is 5.65%/year at NCB.
At the 12-month term, the leading bank with the highest interest rate is Bac A Bank with an interest rate of 5.9%/year.
For the 18-36 month term, HDBank, OceanBank, Dong A Bank lead with interest rates of 6.1%/year.
(See the highest interest rates HERE)
Details of deposit interest rates at banks, updated on October 26, 2024
