A series of banks increase interest rates to the ceiling
LPBank has just increased deposit interest rates for terms from 6 months to 60 months. This is the second time in November that this bank has increased deposit interest rates.
Accordingly, LPBank increased the deposit interest rate by 0.3%/year for 6-11 month term; increased by 0.25%/year for 12-month term; and increased by 0.15%/year for 13-60 month term.
After adjustment, online deposit interest rates, interest paid at the end of the 6-11 month term, increased to 5.6%/year; the term from 12-60 months was simultaneously listed at 5.65%/year.
Previously, LPBank also increased the savings interest rate for terms from 1-60 months, with an increase of 0.3%/year applied to the 1-5 month term, an increase of 0.2%/year for the 6-11 month term and an increase of 0.1%/year for terms from 18-60 months.
Thus, since the beginning of November, 21 banks have increased interest rates, including: VPBank, MB, HDBank, GPBank, BVBank, Sacombank, BaoViet Bank, PVCombank, LPBank, Cake by VPBank, MBV, Bac A Bank, Vikki Bank, Nam A Bank, NCB, VIB, TPBank, OCB, Techcombank, VCBNeo and VPBank.
Of which, Techcombank, VPBank and LPBank are the banks that have increased interest rates for the second time this month.
At the same time, a series of banks have pushed the deposit interest rate for terms under 6 months to 4.75%, the highest level according to the regulations of the State Bank. Including: Techcombank, MBV, Nam A Bank, VIB, OCB and Bac A Bank.
For long terms, some banks have pushed interest rates up to 6.7-6.8%/year. Viet A Bank applies an interest rate of 6.6% for a 13-month term; a 15-month term is 6.7%/year and an 18-month term is 6.8%/year, reaching the highest rate of 6.8%/year.
Bac A Bank also applies an interest rate of 6.6%/year for 13-15 month term; 6.7%/year for 18-36 month term for deposits of VND 1 billion or more.
Highest special interest rate 6.5-9%
The highest deposit interest rate at banks ranges from 6-9%/year. However, to enjoy this interest rate, customers must meet special conditions.
PVcomBank 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 applying the highest interest rate of 6.5%/year for terms from 18 to 36 months, 6.3%/year with terms of 1315 months and 6.1%/year, term of 6-8 months at 6%/year, term of 9-11 months is 6.05%/year, term of 12 months is 6.2%/year.
IVB applies an interest rate of 6.15%/year for a term of 36 months, conditions applied to deposits of VND 1,500 billion or more; ACB applies an interest rate of 6%/year for a term of 13 months receiving interest at the end of the term when customers have a deposit balance of VND 200 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.
For deposits over 1 billion VND at Bac A Bank, the bank applies an interest rate of 6.4%/year for 6-8 month terms; 6.45%/year for 9-11 month terms; 6.5%/year for 12-month terms; 6.6%/year for 13-15 month terms; 6.7%/year for 18-36 month terms.
Nam A Bank applies an interest rate of 6.5%/year and 6.3%/year for a term of 24 months and 36 months, receiving interest at the end of the term. Conditions apply to deposits of VND500 billion or more.
Banks with interest rates from 6% do not apply special conditions
Currently, interest rates above 6%/year are being listed by some banks for long-term deposits, without a minimum deposit requirement.
Vikki Bank applies an interest rate of 6.1%/year for a 6-month term, 6.3%/year for a 12-month term and 6.4%/year for a 13-month term; Cake by VPBank applies an interest rate of 6.3%/year for a 6-8 month term, 6.4%/year for a 9-11 month term, 6.5%/year for a 12-36 month term;
HDBank applies an interest rate of 6%/year for a 15-month term and 6.1%/year for a 18-month term; BVBank also pays 6.1%/year for a 60-month term and 6.0%/year for a 48-month term. Viet A Bank maintains a rate of only 6.0%/year for a 36-month term.
Bac A Bank applies an interest rate of 6.3%/year for a 12-month term; 6.4%/year for a 13-15-month term; 6.5%/year for a 18-36 month term; VCBNeo lists an interest rate of 6.2%/year for a 6-month term; 6.2%/year for a 12-60 month term; PVcomBank applies an interest rate of 6.3% for a 15-36 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... highest for 24-month terms

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 on interest rates HERE.