Bank interest rates tend to increase again
After a long period of stagnation, deposit interest rates of commercial banks tend to increase again in July. Signs of change after a long period of low levels.
9 banks have adjusted their savings interest rates in the past month. Of which, 5 banks increased interest rates, including: VPBank, Techcombank, VCBNeo, Cake by VPBank and Eximbank.
On the contrary, Bac A Bank, VIB and BaoViet Bank are the banks that reduced interest rates this month.
Meanwhile, Sacombank adjusted in opposite directions: strongly increasing short-term and slightly decreasing long-term.
Highest special interest rate 6.5-9.65%
The highest deposit interest rate at banks ranges from 6-9.65%/year. However, to enjoy this interest rate, customers must meet special conditions.
ABBank leads in special interest rates, at 9.65%/year for newly opened/repetited customers with savings deposits of VND1,500 billion or more, term of 13 months.
PVcomBank also 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 listing the highest interest rate of 6.2% for a term of 18-36 months for deposits over 1 billion VND; IVB applies an interest rate of 6.15% for a term of 36 months, with conditions applied to deposits of 1,500 billion VND or more.
ACB applies an interest rate of 6%/year for a 13-month term with interest paid at the end of the term when customers have a deposit balance of VND200 billion or more.
At LPBank, for deposits of VND300 billion or more, the mobilization interest rate applied to customers receiving interest at the end of the term is 6.5%/year, receiving monthly interest of 6.3%/year and receiving interest at the beginning of the term is 6.07%/year.
Banks with interest rates from 6%
Currently, interest rates above 6%/year are being listed by some banks for long-term deposits, without a minimum deposit requirement.
Cake by VPBank applies an interest rate of 6%/year for 12-18 month and 24-36 month terms; HDBank applies an interest rate of 6% for 18-month terms; BVBank also pays 6.1%/year for 60-month terms and 6.0%/year for 48-month terms. VietABank maintains the only 6.0%/year for the 36-month term; Bac A Bank applies an interest rate of 6% for the 18-36 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.
