Deposit interest rates continue to increase sharply
PGBank has just sharply increased savings interest rates for many terms. 1-3 month term increased by 0.95% - 1.35%/year, to 4.75%/year; 6 and 9 month term increased by 1.5%/year and 1.6%/year respectively to 6.5%/year; 12-13 month term increased by 1.2%/year to 6.6%/year; 18-36 month term increased by 1%/year to 6.7%/year.
Sacombank also increased deposit interest rates for 1-36 months, an increase of 0.3-0.55%/year. After adjustment, the 1-month term has increased to 4.6%/year; the 2-5 month term has skyrocketed to the ceiling of 4.75%/year; the 6-8 month term has increased to 5.3%/year; the 9-11 month term is 5.5%/year; the 12-15 month term is 5.8%/year; the 18-36 month term is up to 6%/year.
SHB increased by 0.2% - 0.4%/year for terms from 1-36 months. 1-2 month term increased to 4.2%/year; 3-5 month term to 4.65%/year; 6-11 month term is 5.6%/year; 12-month term is 5.8%/year; 15-18 month term is 6%/year; 24-month term is 6.1%/year; 36-month term is 6.2%/year.
KienlongBank's online mobilization interest rate increased by 0.1%/year for the 6-7 month term, respectively at 6.4%/year and 6.3%/year; the 12-month term increased by 0.2%/year, up to 5.7%/year.
At NCB, the bank's online savings interest rate for 6-8 month terms has increased to 6.2%/year; the 9-11 month term increased by 0.35%/year to 6.25%/year; the 12-36 month term increased by 0.4% - 0.6%/year, to 6.3%/year.
OCB increased interest rates by 0.1-0.2%/year for 1-5 month deposits; 6-24 month deposits increased sharply by 0.4%/year; 36 month deposits increased by 0.5%/year.
OCB listed deposit interest rates in stages, below VND 100 million, from VND 100 million to VND 500 million, and above VND 500 million.
For deposits under 100 million VND, the 1-month savings interest rate is 4.4%/year; 2-month term is 4.5%/year; 3-4 month term is 4.6%/year; 5-month term is 4.75%/year; 6-11 month term increased to 5.7%/year; 12-15 month term is 5.8%/year; 18-month term increased to 6%/year; 21 month term is 6.1%/year; 24-month term is 6.2%/year; 36 month term is 6.4%/year.
The highest mobilization interest rate at OCB is listed at 6.6%/year for a term of 36 months, 6.4%/year for a term of 24 months, 6.3%/year for a term of 21 months, 6.2%/year for a term of 18 months and 6%/year for a term of 12-15 months, applicable to deposits over VND500 million.
Thus, since the beginning of December, 14 banks have increased deposit interest rates. Including: Nam A Bank, MB, BVBank, Saigonbank, NCB and Cake by VPBank, Techcombank, Bac A Bank, ACB, Sacombank, SHB, Kienlongbank, PGBank, OCB. In which Techcombank and NCB have adjusted interest rates twice.
Highest special interest rate 6.5%-9%/year
The highest deposit interest rate at banks ranges from 6-9%/year. However, to enjoy this interest rate, customers must meet special conditions.
PVcomBank applies a special interest rate of 9%/year for a term of 12-13 months when depositing money at the counter. The applicable condition is that customers must maintain a minimum balance of VND 2,000 billion.
HDBank applies an interest rate of 8.1%/year for a 13-month term and 7.7%/year for a 12-month term, with the condition of maintaining a minimum balance of VND500 billion.
Vikki Bank applies an interest rate of 7.5%/year for term deposits of 13 months or more, with a minimum amount of 999 billion VND.
Bac A Bank is applying the highest interest rate of 6.5%/year for terms from 18 to 36 months, 6.3%/year for terms of 1315 months and 6.1%/year, 6-8 month term for terms of 6%/year, 9-11 month term for 6.05%/year, 12-month term for 6.2%/year.
Viet A Bank applies an interest rate of over 6%/year for Dac Tai Savings products. Of which, the 6-month term interest rate is 6.0%/year; 7 months is 6.1%/year; 12 months is 6.5%/year; 13 months is 6.6%/year; 15 months is 6.7%/year and 18 months reach the highest level of 6.8%/year. To participate, customers need to deposit at least 100 million VND and make transactions at the counter, with the form of receiving interest at the end of the term.
For deposits over 1 billion VND at Bac A Bank, the bank applies an interest rate of 6.4%/year for 6-8 month terms; 6.45%/year for 9-11 month terms; 6.5%/year for 12-month terms; 6.6%/year for 13-15 month terms; 6.7%/year for 18-36 month terms.
Nam A Bank applies an interest rate of 6.5%/year and 6.3%/year for a term of 24 months and 36 months, receiving interest at the end of the term. Conditions apply to deposits of VND500 billion or more.
Banks with interest rates from 6% do not apply special conditions
Currently, interest rates above 6%/year are being listed by some banks for long-term deposits, without a minimum deposit requirement.
Vikki Bank applies an interest rate of 6.1%/year for a 6-month term, 6.3%/year for a 12-month term and 6.4%/year for a 13-month term; Cake by VPBank applies an interest rate of 6.7%/year for terms from 6-36 months.
HDBank applies an interest rate of 6%/year for a 15-month term and 6.1%/year for a 18-month term; BVBank also pays an interest rate of 6% for a 24-month term for online interest rates, 6% for a 49-month term and 6.1% for a 60-month term for counter deposit interest rates; Viet A Bank maintains the only 6.0%/year for a 36-month term.
Bac A Bank applies an interest rate of 6.5%/year for 6-11 month term, 6.55%/year for 12-month term, 6.6%/year for 13-15 month term, 6.7%/year for 18-36 month term; VCBNeo lists interest rates of 6.2%/year for 6-month term; 6.2%/year for 12-60 month term; PVcomBank applies interest rates of 6.3% for 15-36 month terms;
Sacombank applies an interest rate of 6%/year for a term of 18-36 months.
At SHB, the 15-18 month term is 6%/year; the 24-month term is 6.1%/year; the 36-month term is 6.2%/year.
KienlongBank applies an interest rate of 6.4%/year and 6.3%/year for 6 and 7-month terms; NCB applies an interest rate of 6.2%/year for 6-8 month terms; 9-11 month terms are 6.25%/year; 12-36 month terms are 6.3%/year.
OCB listed an interest rate of 6%/year for an 18-month term; 21.1% for a 6-month term; 6.2% for a 24-month term; and 6.4% for a 36-month term.
Statistics of banks with the highest savings interest rates today:
Compare the highest bank interest rates for 3-month terms
Interest rates for savings deposits at banks for 6-month terms
For 12-month savings, which bank has the highest interest rate?
Agribank interest rates, Sacombank interest rates, SCB interest rates, Vietcombank interest rates... are the highest for a 24-month term.
Interest rate information is for reference only and may change from time to time. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles on interest rates HERE.
