PGBank's Interest Rate has just increased for short terms, from 1-3 months. Accordingly, the 1-2 month term with interest paid at the end of the term increased by 0.2%/year, listed at 3.4% and 3.5%/year respectively. The 3-month term Interest Rate increased by 0.1%/year, to 3.8%/year.
The bank kept the deposit interest rates unchanged for the remaining terms. The 6-9 month term is listed at 5%/year, the 12-13 month term is 5.5% and 5.6%/year respectively, the 18 month term is 5.8%/year. The highest deposit interest rate announced by this bank is 5.9%/year, applied to deposits with a term of 24-36 months.
PGBank is the 11th bank to increase interest rates since the beginning of September. Accordingly, the market recorded 10 banks increasing interest rates, namely PGBank, ACB, BVBank, NCB, Agribank, GPBank, VietBank, OceanBank and Dong A Bank, Bac A Bank and OCB. Of which, on September 13, NCB's interest rates reached a new peak for the 18-36 month term with a listed interest rate of up to 6.15%/year. In addition, Agribank and VietBank also increased quite strongly, with an increase of up to 0.3%/year.
In the market, PvcomBank's interest rate is currently at the highest level, up to 9.5% for a 12-month term, with conditions applied to a minimum deposit of VND 2,000 billion.
Next is HDBank with a fairly high interest rate, 8.1%/year for a 13-month term and 7.7% for a 12-month term, with a minimum balance of VND500 billion. This bank also applies a 6% interest rate for an 18-month term.
MSB also applies quite high interest rates with interest rates at bank counters up to 8%/year for 13-month term and 7% for 12-month term. The applicable conditions are that new savings books or savings books opened from January 1, 2018 automatically renew with a term of 12 months, 13 months and a deposit amount of 500 billion VND or more.
Dong A Bank has a deposit interest rate, term of 13 months or more, end-of-term interest for deposits of 200 billion VND or more, applying an interest rate of 7.5%/year.
NCB applies an interest rate of 6.15% for a 24-month term; Cake by VPBank applies an interest rate of 6.1% for a 12-month term; OceanBank applies an interest rate of 6.1% for a 24-month term; Bac A Bank applies an interest rate of 6.05% for a 24-month term.
BVBank and Cake by VPBank also apply 6% interest rate for 24-month and 12-month terms; VRB and Dong A Bank apply 6% interest rate for 24-month terms; SaigonBank applies 6% interest rate for 13, 18 and 24-month terms, and 6.1% for 36-month terms.
Statistics of banks with the highest savings interest rates today:
Compare highest bank interest rates for 3-month term
Interest Rate for 6-month savings deposits at banks
Want to save for 12 months, which bank has the highest interest rate?
Latest update of Agribank interest rates, Sacombank interest rates, SCB interest rates, Vietcombank interest rates... highest for 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 about interest rates HERE.
