According to a survey by Lao Dong Newspaper with nearly 30 banks, Cake by VPBank is listing 6-month term interest rates at a normal rate of 7.2%/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 6.78%, 7.02% and 6.09%/year respectively.
From May 1, 2026 to the end of May 31, 2026, Cake by VPBank offers an additional interest rate of 1.5%/year for individual customers who first use term deposit products at CAKE by VPBank Digital Bank (not applicable to customers who have opened savings books at CAKE by VPBank Digital Bank through any other application other than the CAKE BANK application) meeting the following conditions:
- Method of receiving interest: At the end of the term, at the beginning of the term, monthly, quarterly.
- Deposit term: From 6 months or more and no pre-term settlement.
Accordingly, when customers deposit money for the first time at a 6-month term, they will receive an additional interest rate of 1.5%, receiving a high interest rate of up to 8.7%/year.
BAC A BANK lists the highest interest rate for a 6-month term at 7.05%/year when customers deposit online over 1 billion VND, receiving interest at the end of the term. BAC A BANK lists the highest interest rate at 7.1% when customers deposit over 1 billion VND for a 12-month term, receiving interest at the end of the term.
VCBNeo is listing the highest interest rate for a 6-month term at 6.5%/year when customers deposit money online.
PGBank lists the highest interest rate for a 6-month term at 6.9%/year when customers receive interest at the end of the term. Currently, PGBank is listing the highest interest rate at 7%/year for terms of 12 and 13 months.
How to receive interest when depositing for 6 months?
Formula for calculating 6-month savings deposit interest at bank:
Interest = Deposit amount x interest rate (%)/12 months x number of months deposited
Deposit 500 million VND into Bank A, with an interest rate of 8.5% for a 6-month term. The interest you receive is estimated to be:
500 million VND x 8.5%/12 x 6 months = 21.25 million VND.
Before depositing savings, readers should compare savings interest rates between banks, interest rates between terms to enjoy the highest interest.
* Interest rate information is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE.
