Cake by VPBank is listing the highest interest rate of 6 months at 5.7%/year when customers receive interest at the end of the period. When customers receive interest at the beginning of the period, by month and quarter, they will receive interest rates at 5.48% and 5.61% and 5.65%/year respectively.
Currently Cake by VPBank is listing the highest interest rate at 6% when customers deposit money at 12-36 months.
VCBNEO lists the highest interest rate of 6 months at 5.7%/year when customers send money online, receive interest at the end of the period. Currently, VCBNEO lists the highest interest rate of 5.85% when customers deposit money from 12 months or more.
Vikki Bank lists the highest interest rate of 6 months at 5.65%/year when customers send money online, earn interest at the end of the period. Currently the highest interest rate Vikki Bank is listing 6% when customers send 13 months.
In other terms, Vikki Bank listed at 0.5-6%/year.
Savings 6 months to receive interest?
Formula for calculating 6-month savings interest at the bank:
Interest = deposit x interest (%)/12 months x number of months deposit
Send VND 500 million to Bank A, with an interest rate of 5.7% at a term of 6 months. The interest you get is estimated by:
VND 500 million x 5.7%/12 x 6 months = 14.25 million VND.
Said VND 200 million to Bank A, with an interest rate of 5.7% at a term of 6 months. The interest you get is estimated by:
VND 200 million x 5.7%/12 x 6 months = 5.7 million.
Before saving, readers should compare the savings interest rates between banks, interest rates between terms with each other to enjoy the highest interest.
* Information about interest rates 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 articles about interest rates here.
