The deposit market is recording many attractive interest rates. Some preferential packages help individual customers with amounts from 100 million VND to access significantly higher interest rates than the general level.
At Cake by VPBank, the highest listed interest rate for a 12-month term is 7.4%/year when receiving interest at the end of the term. If choosing other interest receiving methods, the interest rates are 6.59%/year (early term), 7.02%/year (month term) and 7.08%/year (quarter term) respectively.
Notably, this bank is implementing an additional 1.3%/year program for individual customers who use deposit products for the first time, applicable to terms from 6 months or more and no pre-payment, lasting until the end of April 30, 2026. Thanks to that, the actual interest rate received for a 12-month term can be up to 8.7%/year.
Meanwhile, BAC A BANK lists the highest interest rate of 6.9%/year for a 12-month term for individual customers depositing money online, receiving interest at the end of the term and applies to amounts under 1 billion VND.
At PGBank, an interest rate of 6.9%/year is applied to a 6-month term when receiving interest at the end of the term. The highest level at this bank is currently 7%/year for 12- and 13-month terms.
In the high-interest segment, the market has many special packages with levels from 7% to 10%/year, but accompanied by very large deposit amount conditions. PVcomBank applies an interest rate of 10%/year for a term of 12–13 months when depositing at the counter, with the condition of maintaining a minimum balance of 20,000 billion VND.
Similarly, MSB announced an interest rate of 9%/year for newly opened customers or automatic extension savings books, applicable to terms of 12–13 months and deposits from 500 billion VND or more.
HDBank is applying an interest rate of 8.1%/year for a 13-month term and 7.7%/year for a 12-month term, with a minimum balance of 500 billion VND. Meanwhile, Vikki Bank offers a rate of 8.4%/year for a term of 13 months or more, applicable to a minimum deposit of 999 billion VND.
In general, the deposit interest rate level is clearly differentiated. Rates from 8% to 10%/year are mainly for very large amounts of money with strict conditions, while for ordinary individual customers, the highest interest rate is currently commonly around the threshold of 7%/year, depending on the preferential program of each bank.
