Since April 2026, under the new management orientation, the general level of deposit interest rates in the market has recorded signs of cooling down.
In April alone, more than 30 banks adjusted deposit interest rates down, with a common decrease of 0.1-0.5%/year, mainly concentrated in deposit terms of 6 months or more.
Although deposit interest rates were simultaneously reduced in April, most banks only adjusted for long terms of 6 months or more. Therefore, deposit interest rates for terms of 1-5 months are almost still maintained.
According to surveys at banks today, the highest interest rate of 4.75%/year - the ceiling regulated by the State Bank for deposits with terms from 1 to less than 6 months - is being applied quite commonly.
As of the beginning of 2026, only 9 banks listed a maximum interest rate of 4.75%/year for online deposits with a term of 1 month and 13 banks applied this level for 5-month terms.
To date, the number of banks listing interest rates of 4.75%/year has increased to over 15 banks for terms under 6 months.
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
Interest rate information is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE.
