3 banks with the highest interest rates for 6-month deposits

Thạch Lam |

According to a survey by Lao Dong Newspaper reporters on October 20 with nearly 30 banks in the system, the 6-month savings interest rate is fluctuating from 3 - 5.55%/year.

CBBank is listing the highest interest rate for a 6-month term at 5.55%/year when customers deposit money online. Currently, CBBank lists the highest interest rate at 5.85% when customers deposit money for 13 months or more.

Bieu lai suat tiet kiem CBBank. Anh: Thach Lam
CBBank savings interest rate table. Photo: Thach Lam

Cake by VPBank is listing the highest interest rate for a 6-month term at 5.5%/year when customers receive interest at the end of the term. For other terms, Cake by VPBank lists interest rates ranging from 3.7-6.1%/year.

Bieu lai suat tiet kiem Cake by VPBank. Anh: Thach Lam
Cake by VPBank savings interest rate table. Photo: Thach Lam

NCB is listing the highest interest rate for a 6-month term at 5.45%/year when customers deposit savings at An Phu. If customers deposit traditional money, they will only receive interest rates of 5.35%/year.

NCB is listing the highest interest rate at 6.15% when customers deposit money for 18-60 months.

Bieu lai suat tiet kiem NCB. Anh: Thach Lam
NCB savings interest rate table. Photo: Thach Lam

BacABank is listing the highest interest rate for a 6-month term at 5.45%/year when customers receive interest at the end of the term. For other terms, BacABank lists interest rates ranging from 0.5-6.05%/year.

Bieu lai suat tiet kiem BacABank. Anh: Thach Lam
BacABank savings interest rate table. Photo: Thach Lam

OceanBank is listing the highest interest rate for a 6-month term at 5.4%/year when customers receive interest at the end of the term. For other terms, BacABank lists interest rates ranging from 0.5-6.1%/year.

Bieu lai suat tiet kiem OceanBank. Anh: Thach Lam
OceanBank savings interest rate table. Photo: Thach Lam

How to receive interest if saving 300 million VND for 6 months?

You can quickly calculate bank interest using the following formula:

Interest = Deposit x interest rate (%)/12 months x number of months of deposit

For example, you deposit 300 million VND in Bank A, with an interest rate of 5.55% for a 6-month term. The interest you receive is estimated at:

300 million VND x 5.55%/12 x 6 months = 8.32 million VND.

So, before saving, you should compare savings interest rates between banks and interest rates between terms to get the highest interest.

* Interest rate information is for reference only and may change from time to time. Please contact the nearest bank transaction point or hotline for specific advice.

Readers can refer to more articles about interest rates HERE.

Thạch Lam
RELATED NEWS

Interest Rate Agribank, BIDV, Vietcombank, VietinBank 10/19/2024

|

According to a survey by Lao Dong Newspaper reporters, the interest rate tables of Agribank, BIDV, VietinBank and Vietcombank on October 19, 2024 were listed around 1.6-4.8%/year.

MBBank Interest Rate, deposit 100 million VND and receive more than 17 million VND

|

According to a survey by Lao Dong Newspaper reporters on October 19, MBBank applies a savings interest rate range for individual customers in the range of 0.1 - 5.7%/year.

Name 2 banks with interest rates over 7.6% for 12-month deposits

|

According to a survey by Lao Dong on October 19, 12-month savings interest rates in the banking system fluctuate around 4.4 - 9.5%.

Minister of Health talks about the roadmap for exempting hospital fees for all people

|

The hospital fee exemption policy is a breakthrough content of Resolution 72.

US military officers suddenly appear at Russia - Belarus joint exercise

|

On September 15, the Belarus Defense Ministry made a surprise move during a joint exercise with Russia.

4 people died after a fire in the early morning in Hanoi

|

Hanoi - A corrugated iron house in Thuong Tin commune caught fire at dawn, killing 4 people in the family.

Domestic cash flow leads stocks towards the target of exceeding 1,700 points

|

After the correction, the stock has regained accumulated points, creating a price foundation before being able to surpass the increase to reach new high points.

Re-up, review of films: The hidden corners of the copyright theft of the digital content creation industry

|

Amidst the wave of digital content industry, many reup workshops have sprung up, despite copyright infringement to make illegal profits.

Interest Rate Agribank, BIDV, Vietcombank, VietinBank 10/19/2024

Thạch Lam |

According to a survey by Lao Dong Newspaper reporters, the interest rate tables of Agribank, BIDV, VietinBank and Vietcombank on October 19, 2024 were listed around 1.6-4.8%/year.

MBBank Interest Rate, deposit 100 million VND and receive more than 17 million VND

Thạch Lam |

According to a survey by Lao Dong Newspaper reporters on October 19, MBBank applies a savings interest rate range for individual customers in the range of 0.1 - 5.7%/year.

Name 2 banks with interest rates over 7.6% for 12-month deposits

Thạch Lam |

According to a survey by Lao Dong on October 19, 12-month savings interest rates in the banking system fluctuate around 4.4 - 9.5%.