6-month savings deposit receive high interest rate up to 7.1%

Thạch Lam |

According to a survey at 2:45 p.m. on December 23 by Lao Dong Newspaper with nearly 30 banks, the 6-month savings interest rate is fluctuating from 3 - 7.1%/year.

First, Cake by VPBank is listing the highest interest rate for 6-month deposits at 7.1%/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 6.04% and 6.19% and 6.24%/year, respectively.

In addition to the 6-month term, Cake by VPBank lists the highest interest rate at 7.1% when customers deposit money for both the 6th and 7th terms.

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

BacABank listed the highest interest rate for a 6-month term at 6.5%/year when customers deposit money online and receive interest at the end of the term. BacABank lists the highest interest rate at 6.7% when customers deposit money for terms of 18, 24, 36 or more.

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

Vikki Bank is listing the highest interest rate for a 6-month term at 6.5%/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 13 months, at 6.7%.

Bieu lai suat tiet kiem Vikki Bank. Anh: Vikki Bank
Vikki Bank savings interest rate table. Photo: Vikki Bank

How to receive interest if you deposit for 6 months?

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

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

Deposit 500 million VND in Bank A, with an interest rate of 6.9% for a 6-month term. The interest you receive is estimated at:

500 million VND x 6.9%/12 x 6 months = 17.25 million VND.

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

Thạch Lam
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