At the end of 2025, the interest rate race heated up when some banks launched big incentives, helping depositors with 100 million VND to enjoy rare profits.
According to the new interest rate table, online savings with interest at PVCombank recorded a strong increase in short terms. The 1-month term increased by 0.8%/year, the 2-month term increased by 0.7%/year, the 3-month term increased by 0.65%/year, the 4-month term increased by 0.55%/year and the 5-month term increased by 0.45%/year compared to before. After adjustment, interest rates for terms from 15 months will simultaneously reach 4.75%/year, reaching the ceiling according to current regulations.
In the medium and long term group, the interest rate level continues to increase. Terms from 611 months increased by 0.6%/year, reaching 5.8%/year. For 12 months or more, the interest rate exceeds 6%/year, of which the 12-month term is 6.1%/year, the 13-month term is 6.3%/year and the terms from 15'36 months are up to 6.8%/year.
A notable point is the preferential policy implemented in December 2025. PVCombank applies an additional program of up to 1.5%/year for customers making online savings deposits every Friday. The conditions are relatively wide, only need to deposit online, term from 12 months or more and minimum deposit amount from 100 million VND.
With this additional level, the actual interest rate of depositors is pushed up very high. For a 100 million VND deposit, you can enjoy an interest rate of 7.6%/year for a 12-month term and 7.8%/year for a 13-month term. In particular, if you choose a term of 1536 months, the actual interest rate is up to 8.3%/year, a rare rate on the market today for a small deposit.
In the counter deposit channel, PVCombank also adjusted the interest rate with the same range. After adjustment, the 15 month terms all reached 4.75%/year, but the counter interest rate for the remaining terms was about 0.30.5%/year lower than online deposits. In addition to popular packages, this bank still maintains a special interest rate of up to 9%/year for customers depositing for a term of 1213 months with an amount of VND 2,000 billion or more.
Some other banks are also accelerating in the year-end interest rate race. Cake by VPBank listed interest rates at 6.76.9%/year for terms from 636 months. This digital bank also applies an additional incentive of up to 0.6%/year for first-time deposits, thereby bringing the highest interest rate up to 7.5%/year for medium and long terms.
