Bank interest rates today 19.8: Unexpected adjustment

MB launches special interest rate promotion

The Military Commercial Joint Stock (MB) has just announced the implementation of a promotion program of an additional 0.3%/year for customers depositing online with interest at the end of the term, applied from August 18 to 28 for 1-6 month savings books, customers use a voucher code on the MB application to enjoy preferential interest. voucher only applies once for a fixed-king deposit, paying interest at the end of the term.

In case of exceeding the ceiling prescribed by the State Bank, the final interest rate will be applied according to the ceiling.

According to MB's current online interest rate table, the 1-6 month terms are at 3.54.4%/year respectively. When adding incentives, the interest rate will increase to 3.84.7%/year, but still not exceeding the ceiling of 4.75%/year according to Decision 2411 of the State Bank.

This is a notable interest rate adjustment in the context of banks continuing to maintain low interest rates.

Since the beginning of August, a number of banks have adjusted their deposit interest rates, including: ABBank reduced interest rates by 0.1% for all terms; Techcombank increased interest rates by 0.5%/year for 3, 6, and 12-month terms.

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.

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.

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. Viet A Bank 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.