A survey of interest rates of more than 30 banks shows that some banks still maintain special interest rate programs for customers with very large deposits for terms from 12.
In the group of banks listing the highest interest rates in the market, PVcomBank leads with an interest rate of 10%/year for 12-13 month term deposits, receiving interest at the end of the term. However, this interest rate is only applied to customers who deposit money at the counter with amounts from 2,000 billion VND or more.
Under normal conditions, the interest rate for a 12-month term, receiving interest at the end of the term at PVcomBank is 5.3%/year.
Next is MSB with an interest rate of 9%/year for 12- or 13-month term deposits. The applicable condition is that the newly opened or opened savings book from January 1, 2018 is automatically renewed, and has a minimum balance of 500 billion VND.
Cake by VPBank is listing end-of-term interest deposit interest rates for terms of 6-9 months at 7.2%/year. If you choose the form of receiving interest at the beginning of the term, receiving interest monthly or quarterly, customers will enjoy interest rates of 6.78%/year, 7.02%/year and 7.09%/year respectively.
For terms from 10-24 months, Cake by VPBank applies an interest rate of 7.4%/year.
Notably, the bank is implementing a preferential program adding 2%/year for customers who deposit savings for the first time from 100,000 VND, applicable to terms from 6-12 months on the CAKE BANK application. The program takes place from August 1st to the end of August 31st, 2026. This preferential rate has increased by 0.2% compared to the previous month.
Thus, after adding incentives, the actual interest rate received at Cake by VPBank for some deposits from 10-24 months can be up to 9.4%/year.
Previously, in July, the additional interest rate for customers depositing money for the first time at this bank was 1.8%/year.
HDBank applies a special interest rate of 7.2%/year for a 12-month term and 7.6%/year for a 13-month term for customers depositing from 500 billion VND or more, receiving interest at the end of the term.
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.
