Interest rate fluctuations 10/31: Series of milestones from 7% after banks massively increased interest rates

Mai Ánh |

Interest rates on October 31: Interest rates at some banks exceed 7%/year, is it difficult to receive high interest rates?

Which bank has interest rate from 7.0%/year?

Many commercial banks currently list special interest rates ranging from 6.0-9.5%/year with different deposit conditions.

The highest interest rate in the market is 9.5%/year listed at PVcomBank. PVcomBank customers will enjoy a special interest rate of 9.5%/year when having a new deposit balance of 2,000 billion VND or more.

HDBank also listed a special interest rate of 7.7%/year for a 12-month term and 8.1%/year for a 13-month term. Applicable to savings of at least VND500 billion/savings card, not applicable to mobilization in the form of interest at the beginning of the term or periodic interest.

Dong A Bank is listing a special interest rate of 7.5%/year for customers depositing for a term of 13 months or more, with interest at the end of the term for deposits of VND 200 billion or more, for a period of 365 days/year.

MSB currently offers a special interest rate of 7.0%/year to customers with newly opened savings books or savings books opened from January 1, 2018, automatically renewed with a deposit term of 12 months, 13 months and a deposit amount of VND 500 billion or more.

In addition, the highest normal savings interest rate, without deposit conditions, currently ranges from 4.1-6.15%/year at different terms.

Interest rate level in October recorded 8 banks increasing interest rates including: NCB, Agribank, MSB, LPBank, Eximbank, Techcombank, ABBank and Bac A Bank.

On the contrary, Agribank reduced 0.1%/year deposit interest rates for terms of 6-11 months and Techcombank reduced 0.1%/year interest rates for terms of 1-36 months, NCB reduced from 0.1-0.35% interest rates for terms of 13-60 months, while VPBank reduced 0.2%/year interest rates for terms of 6-36 months.

(See the highest interest rates HERE)

Details of deposit interest rates at banks, updated on October 31, 2024

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