Bank interest rates today January 5th: Racing to raise interest rates, Agribank lists highest in Big4 group

Big4 massively increases interest rates

Recently, all 4 state-owned commercial banks (Big4) simultaneously increased deposit interest rates. In which, VietinBank has adjusted increases twice.

According to the new interest rate schedule, short terms from 1–2 months at VietinBank are 3%/year; terms from 3–5 months to 3.4%/year; terms from 6–11 months are 4.5%/year; terms from 12 months increase to 5.2%/year; terms from 13–36 months increase to 5.3%/year.

The deposit interest rate at the counter is kept unchanged by VietinBank. Currently, the end-of-term interest rate at the counter is listed at 2.1%/year for terms of 1-2 months; 2.4%/year for terms of 3-5 months; 3.5%/year for terms of 6-11 months; 5.2%/year for terms of 12-18 months and 5.3%/year for terms of 24-36 months. Thus, deposit interest rates at the counter and online are being applied equally by VietinBank for terms from 12-36 months.

Comparing in the Big4 group, the deposit interest rates for terms of 1-2 months and 13-36 months listed by VietinBank are currently equal to BIDV and Agribank, and also higher than Vietcombank for the same term. In which, Agribank is still the bank with slightly higher deposit interest rates than the remaining three "big players" for some terms such as 3 months, 6 months and months.

The highest special interest rate is 6.5–9%/year

The highest deposit interest rate at banks currently fluctuates in the range of 6.5–9%/year, but to enjoy this interest rate, customers must meet special conditions on deposit size.

PVcomBank applies a special interest rate of 9%/year for terms of 12-13 months when depositing money at the counter, with the condition of maintaining a minimum balance of 2,000 billion VND.

HDBank applies an interest rate of 8.1%/year for the 13-month term and 7.7%/year for the 12-month term, with the condition that the minimum balance is 500 billion VND.

Vikki Bank applies an interest rate of 8.4%/year for deposits from 13 months or more, with a minimum deposit amount of VND 999 billion.

For deposits from 500 million VND at OCB, this bank lists interest rates of 6.7%/year for terms of 12-15 months; term of 18 months 6.9%/year; term of 21 months 7%/year; term of 24 months 7.1%/year; term of 36 months 7.3%/year.

Viet A Bank applies an interest rate of over 6%/year for Dak Tai Savings product, with an interest rate ranging from 6.0%/year for a 6-month term to 6.8%/year for an 18-month term. The application condition is a minimum deposit amount of 100 million VND, transactions at the counter and interest payment at the end of the term.

For deposits of over 1 billion VND at Bac A Bank, the interest rate is increased to 6.4%/year for terms of 6-8 months; 6.45%/year for terms of 9-11 months; 6.5%/year for terms of 12 months; 6.6%/year for terms of 13-15 months and 6.7%/year for terms of 18-36 months.

Nam A Bank applies an interest rate of 6.5%/year for a 24-month term and 6.3%/year for a 36-month term, with the condition that the deposit amount is from 500 billion VND or more.

Many banks list interest rates above 6.5%/year without conditions

In addition to special interest rate packages, many banks are currently listing interest rates above 6.5%/year for long terms without requiring a minimum deposit amount.

Vikki Bank applies an interest rate of 6.5%/year for 6-month terms; 6.6%/year and 6.7%/year respectively for 12-month and 13-month terms. Cake by VPBank maintains an interest rate of 7.1%/year for terms from 6–36 months.

Bac A Bank lists an interest rate of 6.5%/year for terms from 6-11 months; 6.5%/year for terms of 12 months; 6.6%/year for terms of 13-15 months and 6.7%/year for terms from 18-36 months.

OCB applies an interest rate of 6.5%/year for terms of 12-15 months; term of 18 months 6.7%/year; term of 21 months 6.8%/year; term of 24 months 6.9%/year; term of 36 months up to 7.1%/year.

VIB applies an interest rate of 6.5%/year for 12-month terms; PVcomBank applies an interest rate of 6.8%/year for terms from 15–36 months.

PGBank applies an interest rate of 7.1%/year for terms of 6-9 months; term of 12-13 months is 7.2%/year; term of 18-36 months up to 7.3%/year.

Statistics of banks with the highest savings deposit interest rates today:

Comparison of the highest bank interest rate for a 3-month term

Savings deposit interest rates at banks for a 6-month term

12-month savings deposit, which bank's interest rate is the highest?

Agribank bank interest rates, Sacombank interest rates, SCB interest rates, Vietcombank interest rates... highest for the 24-month term