NCB Interest Rate increased in short terms. Of which, 1-6 month term increased by 0.1%/year; 7-8 month term increased by 0.05%/year. After adjustment, 1 month term is 3.9%/year, 2 months 4.1%/year, 3 months 4.2%/year, 4 months 4.3%/year, 5 months 4.4%/year, 6-7 months 5.55%/year, 8 months 5.6%/year.
On the contrary, this bank reduced interest rates for terms from 13-60 months to 5.8%/year; terms from 13-15 months decreased by 0.1%/year, and terms from 18-60 months decreased by 0.35%/year.
VPBank also reduced the interest rate for deposits with terms from 6 to 36 months by 0.2% per year. According to the online interest rate table for deposits under 10 billion VND, the term of 6-11 months decreased to 4.8% per year, 12-18 months to 5.3% per year, and 24-36 months to 5.6% per year.
Interest Rate for deposits from 10 billion VND to under 50 billion VND and from 50 billion VND or more will be added 0.1% and 0.2%/year respectively. If customers prioritize deposits from 100 million VND or more, they will be added 0.1%/year interest rate.
Interest Rate is especially high at 7-9.5%/year
In the market, PVcomBank is leading in special interest rates when customers deposit money at the counter, with a rate of 9.5% for a term of 12-13 months. However, the condition to receive this interest rate is that customers must have a minimum deposit balance of VND 2,000 billion.
Next is HDBank with a particularly high interest rate, up to 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 applies interest rates for deposits at the counter up to 8%/year for a 13-month term and 7% for a 12-month term. The applicable conditions are that the savings book is newly opened or the savings book is opened from January 1, 2018, automatically renewed with a term of 12 months, 13 months and the deposit amount is from 500 billion VND.
Dong A Bank has a deposit interest rate of 13 months or more, the final interest rate for deposits of 200 billion VND or more is 7.5%/year. This bank also applies an interest rate of 6.1% for a 24-month term.
Many banks apply interest rates above 6%/year for long term deposits but do not require a minimum deposit amount.
Currently, 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 an interest rate of 6% for 24-month and 12-month terms; VRB and Dong A Bank apply an interest rate of 6% for 24-month terms; SaigonBank applies an interest rate of 6% 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.
