Interest Rate of VPBank increases in many terms. Among them, the 3-month term increases from 3.8% to 4%; the 6-month term increases from 5% to 5.2%; the 12-month term increases from 5.4% to 5.6%; the 24-month term increases from 5.7% to 5.9%.
The interest rate of PVcomBank is currently the highest in the market, reaching 9.5% for a 12-month term with a minimum deposit of 2,000 billion VND.
Next is HDBank with a relatively high interest rate, 8.1%/year for a 13-month term and 7.7% for a 12-month term, with a condition of maintaining a minimum balance of 500 billion VND. This bank also applies an interest rate of 6% for an 18-month term.
MSB also applies a relatively high interest rate with a deposit interest rate of up to 8%/year for a 13-month term and 7% for a 12-month term. The condition for application is a new savings account or a savings account opened from January 1, 2018, automatically renewed with a 12-month, 13-month term, and a deposit of 500 billion VND or more.
Dong A Bank has a deposit interest rate, 13 months and above, with a final interest rate for a deposit of 200 billion VND or more, applying an interest rate of 7.5%/year.
NCB, VRB, and OceanBank apply an interest rate of 6.1% for a 24-month term; BAC A BANK applies an interest rate of 6.05% for a 24-month term.
OCB applies an interest rate of 6% for a 36-month term; ABBank applies an interest rate of 6% for a 12-month term; BVBank and Cake by VPBank also apply an interest rate of 6% for a 24-month and 12-month term; SaigonBank applies an interest rate of 6% for a 13, 18, and 24-month term, and 6.1% for a 36-month term.
Statistics of banks with the highest deposit interest rates currently:
Comparing the interest rates of banks with the highest and lowest rates in 3-month, 6-month, 12-month, and 24-month terms based on the survey of PV Report, the highest interest rate in the 3-month term is 4.2% of Cake by VPBank. Meanwhile, the lowest interest rate in the 3-month term is 1.9% of Vietcombank and SCB. The difference in interest rates between the highest and lowest rates in the 3-month term is quite large, reaching 2.3%.
The highest interest rate in the 6-month term is 5.5%, belonging to Cake by VPBank. The lowest interest rate in this term is 2.9% of Vietcombank and SCB. The gap between the highest and lowest interest rates in the 6-month term is 2.6%.
For the 12-month term, PVcomBank has a breakthrough with an interest rate of 9.5%, much higher than the highest rate of 5% of some other banks. Meanwhile, SCB has the lowest interest rate in this term, at 3.7%, creating a gap of 5.8%.
In the 24-month term, the highest interest rate of banks is 6.1% of NCB and OceanBank. The lowest interest rate is 3.9% of SCB. The gap between the highest and lowest interest rates in the 24-month term is 2.2%.
Comparing the highest interest rates of banks in the 3-month term
Deposit interest rates at banks for 6-month terms
Want to deposit 12 months, which bank has the highest interest rate?
Update the latest interest rates of Agribank, Sacombank, SCB, Vietcombank... for the 24-month term.
The information on interest rates is for reference only and may change in each period. Please contact the nearest bank branch or hotline for specific advice.
Readers can refer to the article on interest rates HERE.