4 banks with the highest 6-month savings interest rates at the end of September

First, Cake by VPBank is listing the highest interest rate for 6-month deposits at 5.9%/year when customers receive interest at the end of the term. When customers receive interest at the beginning of the term, monthly and quarterly, they will receive interest rates of 5.66% and 5.80% and 5.84%/year, respectively. The 5.9% interest rate is applied to terms from 6-8 months.

Cake by VPBank is listing the highest interest rate at 6.1% when customers deposit money for a term of 12-36 months.

Next, Vikki Bank is listing the highest interest rate for a 6-month term at 5.8%/year when customers deposit money online and receive interest at the end of the term. The highest term this unit is listing the highest interest rate is 12, 13 months, at 6.1%.

Vietbank listed the highest interest rate for a 6-month term at 5.4%/year when customers deposit money online and receive interest at the end of the term. Vietbank lists the highest interest rate at 5.9% when customers deposit money for 18-36 months or more.

GPBank lists the highest interest rate for a 6-month term at 5.65%/year when customers deposit money online and receive interest at the end of the term. GPBank lists the highest interest rate at 5.95% when customers deposit money for 12 months or more.

How to receive interest if you deposit for 6 months?

Formula for calculating 6-month savings interest at the bank:

Deposit 500 million VND in Bank A, with an interest rate of 5.8% for a 6-month term. The interest you receive is estimated at:

500 million VND x 5.8%/12 x 6 months = 14.5 million VND.

Deposit 200 million VND in Bank A, with an interest rate of 5.8% for a 6-month term. The interest you receive is estimated at:

200 million VND x 5.8%/12 x 6 months = 5.8 million VND.

Before depositing savings, readers should compare savings interest rates between banks and interest rates between terms to enjoy the highest interest.