Dong A Bank's interest rate has just been adjusted to increase the terms from 13 to 36 months, an increase of 0.1%/year. After the interest rate increase, the interest rate for 13-month deposits at Dong A Bank reached 6%/year; terms after 13 months increased to 6.1%/year.
Notably, this is the second interest rate increase by Dong A Bank since the beginning of September.
Since the beginning of September, the market has recorded 12 banks increasing interest rates, including: Nam A Bank, PGBank, ACB, BVBank, NCB, Agribank, GPBank, VietBank, OceanBank and Dong A Bank, Bac A Bank and OCB. Of which, OceanBank has increased interest rates for the second time this month.
On the contrary, ABBank reduced deposit interest rates in September by 0.1-0.4%/year for terms of 1-12 months.
In the market, PVcomBank's interest rate is currently at the highest level, up to 9.5% for a 12-month term, with conditions applied to a minimum deposit of VND 2,000 billion.
Next is HDBank with a fairly high interest rate, 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 also applies quite high interest rates with interest rates at bank counters up to 8%/year for 13-month term and 7% for 12-month term. The applicable conditions are that new savings books or savings books opened from January 1, 2018 automatically renew with a term of 12 months, 13 months and a deposit amount of 500 billion VND or more.
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 applies an interest rate of 7.5%/year. This bank also applies an interest rate of 6.1% for a 24-month term.
NCB applies an interest rate of 6.15% for a 24-month term; 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 6% interest rate for 24-month and 12-month terms; VRB and Dong A Bank apply 6% interest rate for 24-month terms; SaigonBank applies 6% interest rate 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.
