A survey of deposit interest rates at more than 30 banks shows that the general level of interest rates continues to be strongly differentiated between groups of credit institutions. In which, Saigonbank is applying a rate of 7.9%/year for online deposits with a term of 13 months. Next is Cake by VPBank when listing interest rates up to 7.4%/year for terms from 12 months or more. Some other banks such as Bac A Bank, MBV, VCBNeo, PGBank or Sacombank also maintain interest rates around 7%/year for medium and long-term terms.
Meanwhile, the group of state-owned banks including Vietcombank, VietinBank, BIDV and Agribank continue to maintain a low interest rate level. For short terms, the interest rate of this group only fluctuates around 2-3%/year, while long terms are commonly around 6%/year. Thus, the interest rate difference between the highest and lowest groups on the market currently reaches more than 1 percentage point for terms of 12 months or more.
Even in the group of joint-stock commercial banks, there is a clear differentiation when some banks such as Cake by VPBank, Nam A Bank or Bac A Bank maintain significantly higher interest rates than many large-scale private banks such as Techcombank, ACB, MB or VPBank.
Overall, the group of banks with the highest interest rates are mainly private banks, while the state-owned group and some large banks continue to maintain a lower level.
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.
