Highest interest rate for 12-month term
In addition to banks applying special interest rates for large deposits, Cake by VPBank is currently the bank that pays the highest interest rate for a 12-month term, at 6%/year. This is the interest rate applied generally to terms from 1218 months. For longer terms, from 2436 months, Cake by VPBank lists interest rates at 6.3%/year.
Some other banks are also listing competitive interest rates for 12-month terms, such as GPBank at 5.95%/year; VCBNeo at 5.85%/year; MBV and Bac A Bank both apply 5.8%/year.
Highest special interest rate 6.5-9.65%
The highest interest rate is up to 7.5-9.65%, but to enjoy this interest rate, customers must meet special conditions.
ABBank leads in special interest rates, at 9.65%/year for newly opened/repetited customers with savings deposits of VND1,500 billion or more, term of 13 months.
PVcomBank also 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 the interest rate of 7.5%/year for term deposits of 13 months or more, with a minimum amount of VND 999 billion; Bac A Bank is listing the highest interest rate of 6.1% with a term of 18-36 months for deposits of over 1 billion; IVB applies 6.15% interest rates for 36 -month term, conditions applicable to deposits of VND 1,500 billion or more.
ACB applies an interest rate of 6%/year for a 13-month term with interest paid at the end of the term when customers have a deposit balance of VND200 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.
Banks with interest rates exceeding 6%
Currently, interest rates above 6%/year are being listed by some banks for long-term deposits but do not require a minimum deposit amount.
Cake by VPBank applies an interest rate of 6%/year for a term of 12-18 months and 6.3%/year for a term of 24-36 months; HDBank applies an interest rate of 6% for a term of 18 months; BVBank also pays 6.1%/year for a term of 60 months and 6.0%/year for a term of 48 months. VietABank maintains the only 6.0%/year for a 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
Want to deposit savings for 12 months, which bank has the highest interest rate?
Latest update on 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.
