Bank interest rates: "Big guys" increase massively, interest rates from 7%

Mai Ánh |

Bank interest rates: Interest rates continuously increased in the last month of the year, the market currently has 4 banks with interest rates above 7%.

According to Lao Dong, on December 18, Techcombank increased interest rates for deposits with terms of 1-6 months, with an increase of 0.1%-0.2%/year.

This bank also adds 0.5%/year interest rate for newly opened deposit accounts or increased balances during the month, bringing the highest interest rate up to 5.45%/year (12-month term, deposit from 3 billion VND).

Bang lai suat tiet kiem Techcombank moi nhat
Latest Techcombank savings interest rate table

Interest rates remain stable

Economists predict that banks will maintain stable deposit interest rates, with a slight increase of about 0.2%/year by the end of the year. This is largely due to the stability of the economy and control of inflation, combined with the fact that international central banks, such as the US Federal Reserve, have reduced interest rates, creating little pressure on domestic interest rates.

In addition, although large banks may not change their interest rates much, some small banks may still maintain higher interest rates to attract customers. This creates differentiation between banks and allows depositors to choose savings products with higher interest rates from small banks, even though the difference is not too large.

While the general trend is for interest rates to remain stable, if the economy recovers strongly or there is a surge in credit growth, there could be slight adjustments in interest rates in 2025.

However, up to now, savings interest rates are still at a reasonable level and bring stable profits to depositors in the short term.

A series of banks compete to pay deposit interest from 7%/year?

According to Lao Dong, with a special interest rate, the highest in the market is the interest rate of 9.5%/year listed at PVcomBank. PVcomBank customers will enjoy a special interest rate of 9.5%/year when having a new deposit balance of 2,000 billion VND or more.

HDBank also listed an interest rate of 8.1%/year for a 13-month term. Applicable to savings of at least VND500 billion/savings card, not applicable to mobilization in the form of initial interest or periodic interest.

Dong A Bank is listing a special interest rate of 7.5%/year for customers depositing for a term of 13 months or more, with interest at the end of the term for deposits of VND 200 billion or more, for a period of 365 days/year.

MSB currently offers a special interest rate of 7.0%/year to customers with newly opened savings books or savings books opened from January 1, 2018, automatically renewed with a deposit term of 12 months, 13 months and a deposit amount of VND 500 billion or more.

In addition, lower savings rates, from 7.0%/year, are also listed at many banks.

See more daily bank interest rate updates HERE.

Mai Ánh
TIN LIÊN QUAN

Interest Rate 18.12: Big banks compete to increase interest rates, where to deposit money?

|

Savings interest rates 18.12: The market records major banks joining the race to increase interest rates. Where should you deposit money to get the highest interest?

Bank interest rates: Continuously increasing

|

Bank interest rates: Banks continuously increase interest rates at the end of the year. Update the latest and most complete interest rates at banks.

Interest rate 17.12: Increased to the ceiling, surprised with the highest mark

|

Savings interest rate 17.12: The market recorded a bank increasing interest rates to a high level, where should you deposit money to get the best interest rate?

Checking a student vehicle, Hanoi Traffic Police discovered a modified vehicle

|

Hanoi - Checking the parking lot around the school, the Traffic Police discovered a modified student vehicle.

Fire in Ho Chi Minh City, mother dies while returning to save her child

|

HCMC - At the time of the fire, the mother rushed to take her young child out and returned home to save the old son. Unfortunately, the house collapsed, both mother and child and the brother died.

Russia suddenly blocks oil exports from neighbor

|

Russia has ordered the closure of two of Kazakhstan's three Black Sea oil export ports, seriously reducing the country's export capacity.

Miss Do My Linh's husband becomes Chairman of Vietravel Airlines

|

Businessman Do Vinh Quang - husband of Miss Vietnam Do My Linh has just been elected as Chairman of Vietravel Airlines at the age of just 30.

Myanmar earthquake and measures to reduce aftershocks in Vietnam

|

The earthquake in Myanmar affected some places in Vietnam, so measures should be taken to reduce the risk of aftershocks from neighboring areas.

Interest Rate 18.12: Big banks compete to increase interest rates, where to deposit money?

Nhóm PV |

Savings interest rates 18.12: The market records major banks joining the race to increase interest rates. Where should you deposit money to get the highest interest?

Bank interest rates: Continuously increasing

Mai Ánh |

Bank interest rates: Banks continuously increase interest rates at the end of the year. Update the latest and most complete interest rates at banks.

Interest rate 17.12: Increased to the ceiling, surprised with the highest mark

Nhóm PV |

Savings interest rate 17.12: The market recorded a bank increasing interest rates to a high level, where should you deposit money to get the best interest rate?