Banks launch many incentives
Vietcombank has just announced a special promotion program for customers making counter savings and online savings from September 25 to October 31.
Accordingly, for each savings deposit of 30 million VND, term of 6 or 12 months, customers will be issued a lucky draw participation code.
In the fake prize structure, there is 1 special prize worth 1 billion VND, 10 first prizes worth 100 million VND/ prize and 20 second prizes worth 50 million VND/ prize.
In addition to the lottery program, customers who deposit 1 billion VND or more at the transaction counter will be awarded VCB Loyalty points corresponding to 0.1% of the deposit.
Previously, the Military Commercial Joint Stock Bank (MB) also announced a program to add interest rates up to 0.8%/year when depositing online via the MB Bank application from September 29 to October 14.
The condition to apply preferential interest rates is that customers deposit savings for a term of 2 - 3 - 6 - 9 months, with a deposit of 30 million VND or more. The program only applies to customers depositing savings at the end of the term on the MB Bank application.
Many commercial banks also launch policies to give additional interest to customers. SeABank offers an additional interest rate of 0.5%/year for customers making online savings deposits from 100 million VND for terms of 6 months, 12 months and 13 months.
Techcombank adds 0.5%/year to the first savings deposit; Vikki Bank also announced a program to give an additional interest rate of 0.4%/year to customers depositing money from the age of 80 and above and customers working in the People's Armed Forces.
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 listing the highest interest rate of 6.2% for a term of 18-36 months for deposits over 1 billion VND; IVB applies an interest rate of 6.15% for a term of 36 months, with conditions applied to deposits of 1,500 billion VND 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.
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.
Banks with interest rates from 6%
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% for 12 and 13-month terms; Cake by VPBank applies an interest rate of 6%/year for 12-18 month and 24-36 month terms; HDBank applies an interest rate of 6% for 18-month terms; BVBank also pays 6.1%/year for 60-month terms and 6.0%/year for 48-month terms. Viet A Bank maintains the only 6.0%/year for the 36-month term; Bac A Bank applies an interest rate of 6% for the 18-36 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... are the highest for a 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 on interest rates HERE.
