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

Thạch Lam |

According to a survey by Lao Dong Newspaper reporters on October 12 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: Tuyet Lan
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: Tuyet Lan
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: Tuyet Lan
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

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

Hanoi explains the proposal to stop train traffic through the coffee street, railway and Long Bien bridge

|

Hanoi - The above proposal aims to preserve and promote the historical value of Long Bien Bridge associated with the development of cultural, service, and tourist space in the area of 131 stone bridge arches.

Thailand accuses Cambodia of violating ceasefire

|

Thailand accuses Cambodia of violating the ceasefire, demanding Phnom Penh explains after a Thai soldier was injured by mortar fire.

Finance sector reduces 37% of focal points after arrangement

|

The Ministry of Finance has implemented an unprecedented reorganization of the organizational structure from central to local levels, with a reduction of 37% in focal points.

Running race in Quang Tri causes controversy when unexpectedly announcing the ban on running clubs

|

Quang Tri - The Phong Nha Wild Trail race made many athletes worried when the organizers suddenly announced a ban on using sticks in the 50km and 70km distances.

Gold ring prices increase, people continue to wait to buy

|

On January 6, domestic gold prices continued to increase. In Hanoi, many people are willing to queue long to be able to buy gold.

Hanoi traffic police divert traffic to serve the exercise to protect the 14th Party Congress

|

Hanoi - Traffic police forces coordinate with other forces to organize traffic diversion to serve the exercise to protect the 14th Party Congress.

Name 3 banks with interest rates over 7% when depositing for 12 months

Thạch Lam |

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

Interest Rate Agribank, BIDV, Vietcombank, VietinBank 11.10.2024

Thạch Lam |

According to a survey by Lao Dong Newspaper reporters, the interest rate tables of Agribank, BIDV, VietinBank and Vietcombank on October 11, 2024 were listed around 1.6-4.8%/year.

MBBank Interest Rate, deposit 200 million VND, receive 22.8 million VND

Thạch Lam |

According to a survey by Lao Dong Newspaper reporters on October 11, MBBank applies a savings interest rate range for individual customers in the range of 0.1 - 5.7%/year.