The interest rate race is heating up as many banks launch big incentives, helping depositors of 100 million VND to enjoy rare profits in the market.
ABBank has just increased deposit interest rates for a series of terms. According to the new interest rate schedule, the interest rate on online deposits for a 6-month term is raised to 6.5%/year. This bank also applies a policy of adding 1.2%/year during the preferential period, bringing the deposit interest rate for a 6-month term to 7.7%/year for customers depositing money through digital channels.
BVBank is deploying an online deposit certificate product with the highest interest rate of up to 7.8%/year. Customers can buy deposit certificates through digital channels with a minimum amount of 10 million VND, applicable to 4 terms including 6, 9, 12 and 15 months.
The corresponding interest rate is 6.5%/year for terms of 6 and 9 months; 6.8%/year for terms of 12 months; and highest 7.8%/year for terms of 15 months. The program is implemented from December 22, 2025 to the end of March 31, 2026 or ends early when reaching an issuance scale of 1,000 billion VND.
PVCombank also applies a program to add interest rates up to 1.5%/year for customers who deposit online savings on Fridays every week. The application conditions are online deposit, term from 12 months or more and minimum deposit amount from 100 million VND.
With this additional level, a deposit of 100 million VND can enjoy an interest rate of 7.6%/year for a 12-month term and 7.8%/year for a 13-month term. If choosing a term from 15–36 months, the actual interest rate is up to 8.3%/year - a very rare level on the market today for non-large deposits.
Cake by VPBank lists an interest rate of 7.1%/year for terms from 6–36 months. This digital bank also applies incentives plus a maximum of 0.6%/year for first-time depositors, thereby bringing the highest interest rate to 7.7%/year for medium and long-term terms.
NCB continues to maintain a policy of adding up to 2%/year for customers depositing online savings through digital applications, with terms from 6 months or more and applicable until the end of January 31, 2026. As a result, deposit interest rates for terms of 6-8 months reach 8.2%/year; terms of 9-11 months reach 8.25%/year; and terms of 12-36 months reach 8.3%/year - the highest in the group of banks implementing incentives.
