A series of banks adjust interest rates
Bac A Bank has just adjusted the deposit interest rate down for all terms. The term from 1-11 months decreased by 0.1%/year; the term from 12-36 months decreased by 0.2%/year.
After adjustment, the 1-2 month term is down to 3.5%/year; 4 months is down to 3.9%/year; 5 months are down to 4%/year; terms from 6-8 months are down to 4.95%/year; terms from 9-11 months are down to 5.05%/year; 12-month term is down to 5.4%/year; terms from 13 and 15 months are down to 5.5%/year; terms from 18-36 months are down to 5.8%.
For savings of VND1 billion or more, Bac A Bank is listing the highest interest rate at 6% for a term of 18-36 months. Currently, the interest rate for deposits from 1 billion VND for all terms listed by Bac A Bank is 0.2%/year higher than the interest rate applied to deposit accounts under 1 billion VND.
Saigonbank also reduced interest rates for many terms. This bank decreased by 0.2%/year for terms from 12-36 months. After adjustment, the 12-month term decreased to 5.6%/year; the 13-24 month term decreased to 5.8%/year; the 36-month term decreased to 5.9%/year.
VIB simultaneously reduced interest rates by 0.1% for terms from 1-36 months. After adjustment, the 1-month term decreased to 3.7%/year; 2-5 months 3.8%/year; 6-11 months 4.8%/year; 15-18 months 5.2%/year; the 24-36 month term was 5.3%/year.
Thus, in February 2025, 15 banks adjusted deposit interest rates.
In which, banks that have reduced interest rates include: TPBank, Bac A Bank, MSB, KienlongBank, BVBank, Vietcombank, Agribank, Saigonbank, VIB.
Banks that increased interest rates include: Techcombank, Viet A Bank, BaoViet Bank.
Banks adjusted in opposite directions: Eximbank (increased interest rates for 1-12 months, reduced interest rates for 15-36 months, reduced interest rates for 15-36 months, and reduced terms for 6-36 months); Vikki Bank (increased terms for 1-8 months and 12 months, reduced interest rates for 13-36 months); VietBank (increased interest rates for 1-5 month and 7-9 months, reduced interest rates for 1-5 month terms).
Highest special interest rate 7-9%
The highest interest rate for 12-month terms is up to 7-9%, but to enjoy this interest rate, customers must meet special conditions.
PVcomBank leads with a special interest rate of 9%/year for a term of 12-13 months when depositing money at the counter. The applicable condition is that customers must maintain a minimum balance of VND 2,000 billion.
HDBank applies an interest rate of 8.1%/year for a 13-month term and 7.7%/year for a 12-month term, with the condition of maintaining a minimum balance of VND500 billion. In addition, the 18-month term is subject to a 6% interest rate.
MSB listed an interest rate of 7%/year for a term of 12 and 13 months. The condition is that the minimum deposit is 500 billion VND from newly opened or automatically renewed savings books from January 1, 2018.
Dong A Bank applies an interest rate of 7.5%/year for term deposits of 13 months or more, with a minimum amount of 200 billion VND; Bac A Bank is listing the highest interest rate of 6% for a term of 18-36 months for deposits over 1 billion VND.
Banks with interest rates exceeding 6%
Currently, interest rates above 6%/year are being listed by many banks for long-term deposits but do not require a minimum deposit amount.
Eximbank applies an interest rate of 6% for an 18-month term, 6.1% for a 24-36 month term; BVBank applies an interest rate of 6% for an 18-month term, 6.05% for a 24-month term.
IVB applies an interest rate of 6.05% for 13 and 18-month terms, 6. 20% for 24-month terms and 6.45% for 36-month terms; GPBank applies an interest rate of 6.05%/year for 12-month terms and 6.15%/year for terms from 13-36 months; Cake by VPBank applies an interest rate of 6%/year for 12-18 month terms and 6.3%/year for 24-36 month terms.
VRB and Dong A Bank apply an interest rate of 6% for a 24-month term; VietABank applies an interest rate of 6% for a 18- and 24-month term at 6%/year, 6.1% for a 36-month term; HDBank applies an interest rate of 6% for a 15-month term and 6.1% for a 18-month term; BAOVIET Bank applies an interest rate of 6% for a 15, 18, 24 and 36-month term; ABBank applies an interest rate of 6% for a 12-month term; CB applies an interest rate of 6% for terms of 12 months or more.
Statistics of banks with the highest savings interest rates today:
Compare the highest bank interest rates for 3-month terms
Interest rates for savings deposits at banks for 6-month terms
Want to deposit savings for 12 months, which bank has the highest interest rate?
Latest update on Agribank interest rates, Sacombank interest rates, SCB interest rates, Vietcombank interest rates... highest for 24-month terms.
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.
