GPBank increases interest rates for many terms
GPBank has just increased deposit interest rates by 0.1% for terms from 6 months to 36 months. After adjustment, the online interest rate for 1-2 month terms is 3.8%/year; 3-5 month terms is 3.9%/year; 6-8 month terms are 5.35%/year; 9-month terms are 5.45%/year and 12-36 month terms are 5.65%/year.
GPBank also increased the counter savings interest rate by 0.1% for terms from 4-36 months. After adjustment, the 1-2 month term is 3.55%/year; the 3-month term is 3.65%/year; the 4-month term is 3.75%/year; the 5-month term is 3.8%/year; the 6-8 month term is 4.9%/year; the 9-month term is 5%/year and the 12-36 month term has an interest rate of 5.2%/year.
For lump-sum savings products, GPBank also increased interest rates by 0.1% for terms from 6-13 months. Accordingly, the mobilization interest rate applied to deposits under 100 million VND, 1-2 month term is 3.55%/year; 3-month term is 3.65%/year; 6-month term is 4.9%/year; 9-month term is 5%/year and 12-13 month term is 5.2%/year.
GPBank is the first bank to increase interest rates in October. Previously, in September, 3 banks adjusted interest rates. Bac A Bank increases deposit interest rates for some terms from 1-11 months; Vikki Bank also increases interest rates for short terms; GPBank adjusts in different directions for online deposit terms.
In addition, some banks apply interest rate addition programs such as Vietcombank; Military Commercial Joint Stock Bank (MB); SeABank; Techcombank; Vikki Bank.
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.
