Bank interest rates today May 7th: The highest special interest rate exceeds 10.5%

The highest special interest rate is 7.5-10.7%/year

Currently, many banks still maintain particularly high interest rates, ranging from 7.4-10.7%/year, but accompanied by very large deposit balance conditions. VietBank is listing the highest level in the market, up to 10.7%/year for a 13-month term. PVcomBank applies a rate of 10%/year for a 12-13 month term with the condition of maintaining at least 20,000 billion VND, while MSB lists 9%/year for deposits from 500 billion VND or more.

HDBank applies a rate of 7.2-7.6%/year with a minimum balance of 500 billion VND. Some banks such as Vikki Bank, Cake by VPBank and Vietcombank also implemented preferential programs, bringing the actual received interest rate to about 7.4-8.9%/year.

For ordinary savings interest rates, the market continues to record a trend of differentiation between the group of state-owned banks and private joint-stock commercial banks.

While many private banks still maintain high interest rates to increase capital mobilization competitiveness, the Big4 group continues to maintain a significantly lower interest rate level to support reducing capital costs for the economy.

Currently, Vietcombank, BIDV and VietinBank list interest rates of about 3.5%/year for terms of 6-9 months, while terms of 12 months or more fluctuate around 5.9-6%/year. This is considered a stable interest rate level, creating room to reduce lending interest rates for priority sectors.

The latest survey shows that online savings interest rates above 7%/year are no longer as common as in the previous period. Currently, only some banks maintain a level of 7-7.2%/year for a 6-month term. Among them, MBV and Cake by VPBank list 7.2%/year.

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

Comparing the highest bank interest rates for a 3-month term

Interest rates for 6-month term savings deposits at banks

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

Highest bank interest rate for 24-month term