Recently, savings interest rates have shown signs of increasing again at some banks.
In which, Sacombank strongly increased online deposit interest rates, with an increase of 0.2-1%/year depending on the term and deposit amount. After adjustment, Sacombank currently lists interest rates in the group of the highest in the market.
The online savings interest rate for interest paid at the end of the term for deposits under 50 million VND for a term of 24-36 months is 7.2%/year. For deposits from 50 million VND to under 200 million VND, the interest rate for a term of 12-18 months is 7.1%/year, and for a term of 24-36 months is 7.4%/year.
For deposits from 200 million VND to under 500 million VND, Sacombank lists interest rates of 7.1%/year for terms of 6-11 months, 7.3%/year for terms of 12-18 months and 7.4%/year for terms of 24-36 months. For deposits from 500 million VND to under 1 billion VND, the interest rate for terms of 6-11 months is 7.3%/year, the term of 12-18 months is 7.5%/year and the term of 24-36 months is up to 7.8%/year.
OCB has also just increased online deposit interest rates by 0.1%/year for terms from 6-36 months, applying to all three groups of deposits under 100 million VND, from 100-500 million VND and over 500 million VND.
For deposits under 100 million VND, the 24-month term interest rate is increased to 6.9%/year and the 36-month term is 7.1%/year. For deposits from 100-500 million VND, the 12- and 21-month term interest rate is 6.9%/year, the 18-month term is 6.8%/year, the 24-month term is 7%/year and the 36-month term is 7.2%/year.
Meanwhile, for deposits over 500 million VND, OCB lists interest rates of 7%/year for terms of 12 and 21 months, 6.9%/year for terms of 18 months, 7.1%/year for terms of 24 months and 7.3%/year for terms of 36 months.
Saigonbank also sharply increased online savings interest rates for 13-month terms from 7%/year to 7.9%/year.
Bac A Bank has just adjusted to increase the deposit interest rate for a 13-month term for deposits under 1 billion VND. Accordingly, the interest rate for this term increased by an additional 0.25%/year to 7%/year. For deposits from 1 billion VND or more, Bac A Bank applies higher interest rates than usual, including: term of 6-11 months is 7.05%/year, term of 12 months is 7.1%/year and term of 15-36 months is 6.95%/year.
To date, 5 banks have adjusted interest rate schedules in May. In which, VPBank reduced deposit interest rates; Bac A Bank increased interest rates for 13-month terms; OCB increased interest rates for many terms; Saigonbank strongly increased online savings interest rates for 13-month terms to 7.9%/year, and at the same time reduced deposit interest rates for terms from 7-11 months and from 18-36 months.
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.
