According to surveys, some banks apply special interest rates of up to 9-10%/year for very large-value deposits. Among them, PVcomBank leads with a rate of 10%/year for terms of 12-13 months, applied to new depositors from 2,000 billion VND or more. MSB lists a rate of 9%/year for customers depositing from 500 billion VND or more for similar terms.
In addition, some banks maintain high interest rates through preferential programs or separate conditions. Cake by VPBank implements an additional interest rate program for new customers, helping the highest actual interest rate to reach 8.9%/year. HDBank applies a special interest rate of 7.2-7.6%/year for deposits from 500 billion VND or more, while Vikki Bank lists a rate of 7.9%/year for deposits from 999 billion VND. Saigonbank, MBV, Bac A Bank and Sacombank are also in the group of banks with interest rates from 7%/year or more for some terms.
The interest rate gap between the Big4 group and the joint-stock commercial bank sector is still quite large. For the same term, the difference can be up to several percentage points, reflecting differences in liquidity, capital scale and brand strength.
In general, the deposit interest rate level is currently relatively stable. Most banks list interest rates around 6-7%/year for medium and long-term terms, and there has not been a widespread wave of strong increases. Superior interest rates are mainly isolated, accompanied by special conditions on deposit amount or customer target.
Statistics of banks with the highest savings interest rates today
Comparing the highest 3-month term bank interest rates
The highest 6-month term bank savings interest rate today
For 12-month savings, which bank has the highest interest rate?
Highest bank interest rate for 24-month term
Interest rate information is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE.
