NCB has just announced an additional interest rate of up to 2%/year when all individual customers deposit online savings through NCB's digital banking application. The condition is widely applied to deposits with terms from 6 months or more and is extended until January 31, 2026.
With the addition of an interest rate of 2%/year, the interest rate on online deposits at NCB for terms of 6 - 8 months will be up to 8.2%/year; terms of 9 - 11 months up to 8.25%/year; terms of 12 - 36 months is 8.3%/year.
This is the highest deposit interest rate on the market today.
Cake by VPBank also pushes interest rates above 8% through the policy of adding interest rates. The bank applies an additional interest rate for 6-month term deposits gradually increasing according to deposit balance, from 0.2% - 1%/year. After adding, the interest rate customers enjoy is up to 7.3% - 8.1%/year depending on the customer's deposit amount.
PVcombank is applying an additional program of up to 1.5%/year for customers who deposit online savings on Fridays every week. The application conditions are relatively broad, only need to deposit online, with a term of 12 months or more and a minimum deposit amount of 100 million VND.
With this additional level, the actual interest rate received by depositors is pushed up very high. Deposits of 100 million VND can enjoy an interest rate of 7.6%/year for a 12-month term, 7.8%/year for a 13-month term. In particular, if choosing a term from 15–36 months, the actual interest rate received is up to 8.3%/year, a rare level on the market today for deposits that are not large.
At BVBank, this bank is deploying online deposit certificate products with the highest interest rate of up to 7.8%/year.
Accordingly, customers can buy deposit certificates through digital channels with a minimum amount of 10 million VND, applicable to 4 terms including 6, 9, 12 and 15 months. The corresponding interest rates are 6.5%/year for terms of 6 and 9 months; 6.8%/year for terms of 12 months; and highest 7.8%/year for terms of 15 months.
In addition, some banks have officially listed savings interest rates exceeding the threshold of 7%/year, such as Cake by VPBank, PGBank and OCB.
