Bank interest rates today, September 24: Continue to increase, 12-month term up to 9.6%

Cake by VPBank currently lists the interest rate for late-term deposits at 7.2%/year for terms from 6-9 months. If choosing to receive interest at the beginning of the term, monthly or quarterly, the interest rates are 6.78%/year, 7.02%/year and 7.09%/year respectively.

For terms from 10-24 months, the end-of-term interest rate is applied at 7.4%/year.

Notably, from September 22nd to the end of October 31st, 2026, Cake by VPBank implements an additional 2.2%/year program, bringing the post-preferential savings interest rate to 9.6%/year for terms from 10-13 months, including a program for first-time depositors and customers who extend savings books.

For first-time savings depositors, the program applies to standard deposits and accumulated deposits on the CAKE BANK application, with a minimum deposit value from 100,000 VND, term from 6-13 months and no pre-term settlement. Customers can choose the method of receiving interest at the end of the term, beginning of the term, monthly or quarterly.

The bonus interest of 2.2%/year is directly added to the listed interest rate table and paid according to the customer's interest receipt period. With a listed interest rate of up to 7.4%/year, the total interest rate after adding incentives can reach 9.6%/year.

For customers who extend their savings books, the offer applies to customers who have successfully opened a term deposit on the CAKE BANK application, with maturity from September 22nd to October 31st, 2026, receiving both principal and interest upon maturity, and also receiving notifications about the program on the application.

The extended deposit must be worth 5 million VND or more, with a term of 6-13 months. The program applies to standard deposits and accumulated deposits, with methods of receiving interest at the end of the term, beginning of the term, monthly or quarterly.

Unlike the program for first-time depositors, the reward of the extension program is 100% paid to the CAKE payment account immediately after the customer successfully opens a valid term deposit during the program.

Previously, Cake by VPBank applied an additional 2%/year for customers who deposited savings for the first time from 100,000 VND, term of 6-12 months. For customers who did not deposit savings for the first time, an additional 2%/year was applied when depositing from 5 million VND, term of 6-24 months. The interest rate after the promotion according to the previous program can be up to 9.4%/year.

Thus, in the new program, Cake by VPBank has increased the additional rate from 2% to 2.2%/year, thereby bringing the highest post-preferential interest rate from 9.4% to 9.6%/year.

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