Bank interest rates today, November 18: Sharp increase, close to 7%/year

A series of banks increase interest rates to top the market

Bac A Bank has just adjusted savings interest rates for a series of terms. For deposits under 1 billion VND, the 1 and 2 month term with interest paid at the end of the term increased by 0.15%/year to 4.55%/year. The 6-8,-month term increased by 0.4%/year to 6.2%/year. This is the highest deposit interest rate on the market today for this term. The 9-11 month term also increased by 0.4%/year, to 6.25%/year, the highest rate in the market.

The 12-15 month term increased by 0.3%/year; the 18-36 month term increased by 0.2%/year. After adjustment, the 12-month term deposit interest rate increased to 6.3%/year; the 13-15 month term was 6.4%/year and the 18-36 month term was up to 6.5%/year.

The interest rate increase is similar to that of savings deposits of VND1 billion or more. After adjustment, the term of 1 - 5 months increased to 4.75%/year, the ceiling level according to the regulations of the State Bank. The 6-8 month term is 6.4%/year; the 9-11 month term is 6.45%/year; the 12-month term is 6.5%/year; the 13-15 month term is 6.6%/year; the 18-36 month term increased to 6.7%/year.

Previously, in October, Bac A Bank increased deposit interest rates 3 times, with an increase of 0.45% - 0.65%/year for all terms.

Vikki Bank also continues to adjust deposit interest rates sharply. Accordingly, the 1-5 month term increased from 0.15% - 0.3%/year, to 4.7%/year; the 6-month term increased by 0.2%/year, to 6.1%/year; the 12-month term increased by 0.1%/year, to 6.3%; the 13-month term increased by 6.4%/year.

Thus, since the beginning of November, 15 banks have adjusted interest rates. Of which, 14 banks increased interest rates, including: VPBank, MB, HDBank, GPBank, BVBank, Sacombank, BaoViet Bank, PVCombank, Techcombank, LPBank, Cake by VPBank, MBV, Bac A Bank and Vikki Bank.

One bank that adjusted in opposite directions is KienlongBank, which reduced interest rates for 8-9 month terms and increased interest rates for short terms.

Highest special interest rate 6.5-9%

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 with terms of 1315 months and 6.1%/year, term of 6-8 months at 6%/year, term of 9-11 months is 6.05%/year, term of 12 months is 6.2%/year.

IVB applies an interest rate of 6.15%/year for a term of 36 months, conditions applied to deposits of VND 1,500 billion or more; ACB applies an interest rate of 6%/year for a term of 13 months receiving interest at the end of the term when customers have a deposit balance of VND 200 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.

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.

Banks with interest rates from 6%/year 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 6.3%/year for a 6-8 month term, 6.4%/year for a 9-11 month term, 6.5%/year for a 12-36 month term;

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 6.1%/year for a 60-month term and 6.0%/year for a 48-month term. Viet A Bank maintains a rate of only 6.0%/year for a 36-month term.

Bac A Bank applies an interest rate of 6.3%/year for a 12-month term; 6.4%/year for a 13-15-month term; 6.5%/year for a 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.