Bank interest rates today January 1st: Unexpected adjustment

6-8 month term unexpectedly surges to over 8%

Vietnam International Commercial Joint Stock Bank (VIB) has just increased its 1-month term deposit rate by 0.75%. As a result, interest rates for 1- to 5-month terms are simultaneously listed at a ceiling interest rate of 4.75%/year.

Notably, some banks announced additional interest rates for customers compared to the listed interest rate.

In which, NCB adds 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 online deposit interest rate at NCB for terms of 6 - 8 months will be up to 8.2%/year; term of 9 - 11 months up to 8.25%/year; term 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.

In addition, some banks have officially listed savings interest rates exceeding the threshold of 7%/year, such as Cake by VPBank, PGBank and OCB.

The highest special interest rate is 6.5–9%/year

The highest deposit interest rate at banks currently fluctuates in the range of 6.5–9%/year, but to enjoy this interest rate, customers must meet special conditions on deposit size.

PVcomBank applies a special interest rate of 9%/year for terms of 12-13 months when depositing money at the counter, with the condition of maintaining a minimum balance of 2,000 billion VND.

HDBank applies an interest rate of 8.1%/year for the 13-month term and 7.7%/year for the 12-month term, with the condition that the minimum balance is 500 billion VND.

Vikki Bank applies an interest rate of 8.4%/year for deposits from 13 months or more, with a minimum deposit amount of VND 999 billion.

For deposits from 500 million VND at OCB, this bank lists interest rates of 6.7%/year for terms of 12-15 months; term of 18 months 6.9%/year; term of 21 months 7%/year; term of 24 months 7.1%/year; term of 36 months 7.3%/year.

Viet A Bank applies an interest rate of over 6%/year for Dak Tai Savings product, with an interest rate ranging from 6.0%/year for a 6-month term to 6.8%/year for an 18-month term. The application condition is a minimum deposit amount of 100 million VND, transactions at the counter and interest payment at the end of the term.

For deposits of over 1 billion VND at Bac A Bank, the interest rate is increased to 6.4%/year for terms of 6-8 months; 6.45%/year for terms of 9-11 months; 6.5%/year for terms of 12 months; 6.6%/year for terms of 13-15 months and 6.7%/year for terms of 18-36 months.

Nam A Bank applies an interest rate of 6.5%/year for a 24-month term and 6.3%/year for a 36-month term, with the condition that the deposit amount is from 500 billion VND or more.

Many banks list interest rates above 6.5%/year without conditions

In addition to special interest rate packages, many banks are currently listing interest rates above 6.5%/year for long terms without requiring a minimum deposit amount.

Vikki Bank applies an interest rate of 6.5%/year for 6-month terms; 6.6%/year and 6.7%/year respectively for 12-month and 13-month terms. Cake by VPBank maintains an interest rate of 7.1%/year for terms from 6–36 months.

Bac A Bank lists an interest rate of 6.5%/year for terms from 6-11 months; 6.5%/year for terms of 12 months; 6.6%/year for terms of 13-15 months and 6.7%/year for terms from 18-36 months.

OCB applies an interest rate of 6.5%/year for terms of 12-15 months; term of 18 months 6.7%/year; term of 21 months 6.8%/year; term of 24 months 6.9%/year; term of 36 months up to 7.1%/year.

VIB applies an interest rate of 6.5%/year for 12-month terms; PVcomBank applies an interest rate of 6.8%/year for terms from 15–36 months.

PGBank applies an interest rate of 7.1%/year for terms of 6-9 months; term of 12-13 months is 7.2%/year; term of 18-36 months up to 7.3%/year.

Statistics of banks with the highest savings deposit interest rates today:

Comparison of the highest bank interest rate for a 3-month term

Savings deposit interest rates at banks for a 6-month term

12-month savings deposit, which bank's interest rate is the highest?

Agribank bank interest rates, Sacombank interest rates, SCB interest rates, Vietcombank interest rates... highest for the 24-month term.