A survey of deposit interest rates of more than 30 banks shows that the general level of short-term deposit interest rates is still maintained at a high level. Notably, 6-month term interest rates have now exceeded the 8%/year mark.
Cake by VPBank is listing interest rates from 7.2-7.4%/year, of which the 6-9 month term is at 7.2%/year, the 10-24 month term is 7.4%/year and the 36 month term is at 6.3%/year.
In July 2026, the bank will implement a preferential program with additional interest rates for savings depositors. Accordingly, deposits from 5 million VND will be added 1%/year; from 50 million VND will be added 1.3%/year; and from 200 million VND will be added 1.5%/year.
Thanks to this incentive, the actual interest rate received for terms of 10-24 months can be up to 8.9%/year, the actual interest rate received for terms of 6-9 months can be up to 8.7%/year when customers deposit from 200 million VND.
In the short-term group, many banks continue to list 4.75%/year for the 3-month term - the ceiling interest rate applied to deposits under 6 months according to the regulations of the State Bank.
Banks such as Cake by VPBank, Nam A Bank, MBV, BAC A BANK, OCB, VCBNeo, PGBank, BVBank, Sacombank, SaigonBank, BAOVIET Bank, VietABank, NCB, TPBank, MSB and PVcomBank all apply an interest rate of 4.75%/year for a 3-month term.
In addition, some banks listed interest rates close to the ceiling such as VPBank and SHB at 4.65%/year, VietBank at 4.6%/year.
The fact that many banks simultaneously apply the maximum allowed interest rate for short terms shows that capital mobilization competition is still strong. In the context that the room to increase interest rates below 6 months is almost gone, banks are focusing on attracting cash flow for medium and long-term terms.
Meanwhile, the group of state-owned banks still maintains a significantly lower interest rate level. Vietcombank, VietinBank and BIDV all list interest rates of 2.4%/year for a 3-month term, while Agribank applies a rate of 2.9%/year. This creates a fairly large gap between the group of joint-stock commercial banks and state-owned banks in the capital mobilization race.
Comparing the highest 3-month term bank interest rates
The highest 6-month term bank savings interest rate today
For 12-month savings, which bank has the highest interest rate?
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.
