A survey of interest rates of more than 30 banks shows that some banks still maintain preferential programs plus interest rates for customers, bringing interest rates in some terms to high levels.
Cake by VPBank is listing end-of-term interest deposit interest rates for terms of 6-9 months at 7.2%/year. If you choose the form of receiving interest at the beginning of the term, receiving interest monthly or quarterly, customers will enjoy interest rates of 6.78%/year, 7.02%/year and 7.09%/year respectively.
For terms from 10-24 months, Cake by VPBank applies an interest rate of 7.4%/year.
Notably, the bank is implementing a preferential program adding 2%/year for customers who deposit savings for the first time from 100,000 VND, applied to terms from 6-12 months on the CAKE BANK application. The program takes place from August 1 to the end of August 31, 2026. This preferential rate has increased by 0.2% compared to the previous month.
Thus, after adding incentives, the actual interest rate received at Cake by VPBank for some deposits from 10-24 months can be up to 9.4%/year.
In the short-term group, many banks continue to list 4.75%/year for terms of 3-5 months - the ceiling interest rate applied to deposits under 6 months according to the regulations of the State Bank.
Banks such as BIDV, Cake by VPBank, MBV, BAC A BANK, OCB, VCBNeo, PGBank, BVBank, Sacombank, SaigonBank, BAOVIET Bank, VietABank, NCB,... all apply an interest rate of 4.75%/year for a 3-month term.
The fact that many banks simultaneously apply the maximum allowed interest rate for short terms shows that capital mobilization competition is still strong. In the context that the room to increase interest rates below 6 months is almost gone, banks are focusing on attracting cash flow for medium and long-term terms.
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.
