Highest savings interest rate 7.9%/year
The latest deposit interest rate survey shows that SaigonBank is currently the bank listing the highest official interest rate on the market. According to this bank's latest interest rate schedule, the highest level applied is 7.9%/year for a 13-month term.
Notably, this interest rate is significantly higher than the 12-month term (6.7%/year) and even far exceeds longer terms such as 18 months (6.5%/year), 24 months (6%/year) or 36 months (6.1%/year). This shows that SaigonBank is focusing on attracting medium-term capital and orienting customers to deposit money on a 13-month term.
Currently, the deposit interest rate level in the market is maintained stably. For the 12-month term, most banks list interest rates in the range of 6.2-7%/year. Among them, Cake by VPBank is leading with 7.4%/year, followed by Bac A Bank with 7.1%/year. Many other banks such as MBV, PGBank, Sacombank and VIB all list 7%/year.
Meanwhile, the group of state-owned banks including Agribank, BIDV, Vietcombank and VietinBank continued to maintain a significantly lower interest rate level, commonly at 5.9%/year for a 12-month term.
For long terms from 24 months or more, the interest rate race is still mainly concentrated in the group of medium and small-sized banks. Cake by VPBank continues to lead with a rate of 7.4%/year for the 24-month term. Followed by Sacombank with 7.1%/year; MBV and MBBank both list 7%/year; Bac A Bank, OCB and Nam A Bank apply rates from 6.9-6.95%/year. Meanwhile, the Big4 group still maintains interest rates around 6%/year for the same term.
For medium-term terms of 6 months or more, many banks currently list interest rates exceeding 6%/year, even above 7%/year. This shows that the demand for mobilizing medium and long-term capital from banks is still high in the context that credit is expected to accelerate in 2026.
The interest rate gap between the group of banks paying the highest interest and the Big4 group currently ranges from 1-1.5 percentage points in many terms. Specifically for the 12-month term, the difference between the bank with the highest interest rate and the state-owned group is up to about 1.5 percentage points. This is a large enough difference for depositors to consider choosing a bank to optimize profits from idle money.
In general, the current deposit interest rate level still maintains a clear differentiation. While the group of state-owned banks continues to play the role of holding the low interest rate level of the market, joint-stock commercial banks, especially the group of medium and small-sized banks, are still actively maintaining competitive interest rates to attract deposit capital flows.
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.
