Bank interest rates today, February 1: Sharp increase, massively pushing interest rates above 7%

Series of banks push interest rates above 7%

After a recent adjustment, many banks continue to raise deposit interest rates beyond the 7%/year mark. With the latest interest rate increase, BVBank is the next bank to raise deposit interest rates above 7%/year. According to the listing, the 18-month term is applied at 7%/year, while the 24-month term is at 7.1%/year.

In the market, many banks are listing interest rates from 7%/year or higher such as OCB, Bac A Bank, PGBank, MBV and Cake by VPBank.

In addition to the listed interest rates, some banks push interest rates above the threshold of 7%/year through preferential policies, plus interest rates. ABBank is applying an additional 1.2%/year for customers depositing online savings during the preferential period, bringing the 6-month term interest rate to 7.7%/year.

BVBank also launched an online deposit certificate product with an interest rate of 6.5%/year for terms of 6 and 9 months, 6.8%/year for terms of 12 months and a maximum of 7.8%/year for a 15-month term. The program applies from December 22, 2025 to the end of March 31, 2026 or ends early when reaching an issuance scale of 1,000 billion VND.

At PVcomBank, the bank adds up to 1.5%/year for customers who deposit online on Fridays every week, with terms from 12 months or more and a minimum deposit amount of 100 million VND. Accordingly, the actual received interest rate reaches 7.6%/year for a 12-month term, 7.8%/year for a 13-month term and up to 8.3%/year for terms from 15 to 36 months.

NCB continues to maintain a policy of adding up to 2%/year for customers who deposit online through digital applications, applicable to term deposits from 6 months or more until the end of January 31, 2026. According to this policy, the interest rate for terms of 6–8 months reaches 8.2%/year, the term of 9–11 months is at 8.25%/year and the terms from 12 to 36 months reach 8.3%/year.

In addition to the above group of banks, the market also recorded some banks applying special interest rates in the range of 8–9%/year such as MSB, HDBank and Vikki Bank. However, these interest rates come with conditions on very large deposit balances, from several billion to tens of billions of VND, so they are not common for customers depositing about 100 million VND.

The highest special interest rate is 6.5–9.65%/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.

MSB still applies an interest rate of 8% for customers depositing savings for a term of 12 months, with deposits from 500 billion VND or more.

HDBank applies 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.

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

For deposit accounts 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 the Dak Tai Savings product, with interest rates ranging from 6.0%/year for a 6-month term to 6.8%/year for a 18-month term. The applicable condition is a minimum deposit amount of 100 million VND, transaction at the counter and interest payment at the end of the term.

For deposits 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, provided that the deposit amount is 500 billion VND or more.

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

In addition to special interest rate packages, many banks are also 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 interest rates 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; 18-month term 6.7%/year; 21-month term 6.8%/year; 24-month term 6.9%/year; 36-month term up to 7.1%/year.

VIB applies an interest rate of 6.5%/year for a 12-month term; 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; terms of 12-13 months are 7.2%/year; terms of 18-36 months are 6.8%/year.

MBV applies an interest rate of 6.5%/year for terms of 6-11 months; 7.2%/year for terms of 12-36 months.

BVBank applies interest rates of 6.6%/year for 12-month terms; 6.9%/year for 15-month terms; 7%/year and 7.1%/year for 18- and 24-month terms.

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

Comparing the highest bank interest rates for a 3-month term

Interest rates for 6-month term savings deposits at banks

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 24-month term