Which bank is VCBNeo?
VCBNeo is the new name of Vietnam Construction Bank Limited (CB) after being transferred to Vietnam External Trade Joint Stock Commercial Bank (Vietcombank).
VCB Neo's full name is Digital Technology Foreign Trade Bank Limited. The change date is January 17, 2025.
Vietcombank is a bank in the Big4 banking group. In 2024, Vietcombank will hold the position of "champion" of pre-tax profit, reaching more than 42,000 billion VND. The total amount of deposits recorded by customers was 1.5 million billion VND.
Online deposit interest rates at VCB Neo (updated on February 17, 2025)
According to the latest interest rate table, VCB Neo is applying the highest rate of up to 6%/year for terms of 12 months or more. In particular, the 6-month term interest rate reached 5.85%/year, leading the group of large banks.
How much interest does it cost to deposit 100 million VND at VCB Neo?
Below is the estimated interest when depositing 100 million VND by the end-of-term interest payment method:
Should I deposit savings for short or long terms?
Short term (1-3 months): Lower interest rates but flexible withdrawal.
6-month term: Interest rate of 5.85%/year, highest among large banks, optimizing profits in the short term.
12-18 month term: Maximum interest rate 6%/year, suitable for customers who want to keep money for a long time to enjoy the highest interest rate.
VCB Neo is the bank with the most attractive online deposit interest rates, especially for a 6-month term with 5.85%/year. With the amount of 100 million VND, customers can receive 9 million VND in interest if depositing for an 18-month term. This is a worth considering choice for those who want to invest safely with a stable profit.
Interest rate details 17.2: 13 banks pay savings interest rates above 6%. Watch the video HERE.
